2492 Larkspur Lane 200, Sacramento, CA 95825, Sacramento, 95825 - 1 bed, 1 bath
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Sacramento, CA 95825
This Timberlake Condominium represents a Strong Value Opportunity, listed at $185,000—positioned above the $169,190 Fair Market Value by 9%. While the list price exceeds the current valuation, the property offers a Condition Rating of 4, providing a move-in-ready, tranquil living environment with a private balcony and pond views. The unit features a gas fireplace and updated bathroom, balancing comfort with a central location near CSU Sacramento. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2492 Larkspur Lane 200 Subject | $185,000* List Price | 1 | 1 | 760 | $223 | - |
A 953 Fulton Avenue 534 Sold | $154,500 | 1 | 1 | 624 | $248 | 0.2 mi |
B 2448 Larkspur Lane 318 Sold | $183,000 | 1 | 1 | 760 | $241 | 0.1 mi |
C 2452 Larkspur Lane 324 Sold | $202,000 | 1 | 1 | 760 | $266 | 0.1 mi |
D 901 Fulton Avenue 403 Sold | $155,000 | 1 | 1 | 642 | $241 | 0.2 mi |
E 955 Fulton Avenue 550 Sold | $133,000 | 1 | 1 | 484 | $275 | 0.2 mi |
F 2424 Larkspur Lane 217 Pending | $217,500 List Price | 1 | 1 | 760 | $286 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old unit is exceptionally well-maintained and move-in ready, but remains largely dated. The kitchen features older cabinetry and a dated fluorescent light box, while the 'updated' bathroom reflects a style likely 15-20 years old. Per the criteria, the age of the systems and the dated aesthetic of the primary rooms necessitate future updates.
Ideally situated near California State University, Sacramento, and major shopping hubs, the property offers access to extensive community features including a lodge, fitness center, swimming pools, and tennis courts.
This quiet upstairs unit features large picture windows and a private balcony overlooking a peaceful pond and weeping willows, providing a tranquil retreat away from city noise.
The home is impeccably maintained and features modern updates such as a renovated bathroom, a cozy gas fireplace, and generous storage space, making it an attractive option for both owner-occupants and investors.
The monthly HOA fee of $561 is significant relative to the listing price, which may impact the overall affordability and debt-to-income ratio for potential buyers.
The property is zoned for schools with lower academic ratings, specifically a rating of 2 for the local high school and 3 for the nearest elementary, which could affect long-term resale value for families.
Possible lender credits available with this well-maintained, quiet upstairs Timberlake condominium. Large picture windows and a sliding glass door open to a private balcony nestled among graceful weeping willows, where you can relax and enjoy the peaceful sounds of the pond and visiting ducks. The home features a cozy gas fireplace, an updated bathroom, and generous storage to accommodate even the most extensive wardrobe. Ideally located in the center of the community, the unit offers a tranquil setting away from city streets while remaining just a short distance from the many amenities, including the lodge, fitness center, swimming pools, tennis courts, and numerous gathering spaces. With shopping, restaurants, and California State University, Sacramento nearby, this location offers the best of comfort and convenience. Whether you are searching for a place to call home or a smart addition to your investment portfolio, this move-in-ready property is impeccably clean and ready for its next owner.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 7.5 mi
Grades 6-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 36% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 760 | 1,064 | 32% |
| Lot Size | 1,738 | 1,851 | 39% |
| Price | $185.0K | $271.0K | 25% |
| Price per sq ft | $243 | $268 | 29% |
| Built year | 1974 | 1976 | 43% |
| HOA | $561 | $579 | 50% |
| Days on market | 23 | 205 | 4% |
May 14, 2026
$185,000
Initial Listing
Aug 4, 2009
$101,000
Public Record
May 23, 2008
$77,000
Public Record
Aug 31, 1994
$70,500
Public Record