2500 Ethan Way, Sacramento, CA 95821, Sacramento, 95821 - 2 bed, 1 bath
ACTIVE$345,000$836/sqft
Est. Value: $324,071
-6%
AboveEstimate
2500 Ethan Way, Sacramento, CA 95821
2Beds
1Bath
836Sqft
6,534Lot
Price Vs. Estimate
The estimated value ($324,071.17) is $20,928.83 (6%) lower than the list price ($345,000). This property may be overpriced.
Key pros and cons
Top Pros:
Massive & Versatile Flex Space: A rare 864 sq. ft. enclosed, fully functional additional area offers exceptional versatility for a workshop, business, gym, or game room, providing significant value and lifestyle opportunities.
Top Cons:
Small Main House Size: The main residence is relatively small at 836 sq. ft. with 2 bedrooms and 1 bathroom, which may limit appeal for buyers seeking more living space or larger families.
Compared to the nearby listings
Price:$345.0K vs avg $500.0K ($-155,000)12%
Size:836 sqft vs avg 1,602 sqft4%
Price/sqft:$413 vs avg $31985%
More Insights
Built in 1952 (74 years old).
Condition: Built in 1952, this property has received significant recent updates including exterior paint (2021) and a redone sewer (2023), along with a remodeled kitchen featuring newer counters and appliances. The main living areas have fresh paint and carpet, making it move-in ready. However, the bathroom appears dated with older fixtures and vanity. While the kitchen is updated, its style is functional rather than high-end modern. The property is well-maintained for its age, but the dated bathroom and the overall age of the home (72 years) indicate that it has not undergone an extensive, full renovation within the last 5-15 years across all major components, aligning it with the 'Fair' category where major components are functional but show signs of being outdated.
Year Built
1952
Close
-
List price
$345K
Original List price
-
Price/Sqft
$413
HOA
$0
Days on market
-
Sold On
-
MLS number
225140542
Home ConditionFair
Features
Patio
View-
About this home
RARE FIND: 864 SQ. FT. ADDITIONAL FLEX SPACE/WORKSHOP! This property offers the ultimate work/life balance opportunity. The inviting 2-bedroom home provides comfortable living with a recently painted living/dining combo, a remodeled kitchen (newer counters, pot rack, gas stove, sleek black fridge), and a cozy carpeted atmosphere. A built-in gun safe adds security and convenience. The true standout is the massive 864 sq. ft. enclosed additional fully functional area larger than many local workshops! This versatile space is a blank canvas for your projects, business needs, an expansive gym, or a vibrant game room. It features HUGE RV access for the recreational vehicle owner. Recent major updates (exterior paint 2021, new gutters, sewer redone 2023 with cleanout). Located on a corner lot near all amenities, this home delivers space and functionality that you will love!
S
Scarlett Justice
Listing Agent
Nearby schools
2/10
Howe Avenue Elementary School
Public,•K-5•0.3mi
7/10
Harry Dewey Fundamental Elementary School
Public,•K-6•7.1mi
2/10
Encina Preparatory High School
Public,•6-12•1.4mi
Price History
Date
Event
Price
03/26/15
Sold
$131,500
03/21/13
Sold
$55,000
12/27/05
Sold
$250,000
Condition Rating
Fair
Built in 1952, this property has received significant recent updates including exterior paint (2021) and a redone sewer (2023), along with a remodeled kitchen featuring newer counters and appliances. The main living areas have fresh paint and carpet, making it move-in ready. However, the bathroom appears dated with older fixtures and vanity. While the kitchen is updated, its style is functional rather than high-end modern. The property is well-maintained for its age, but the dated bathroom and the overall age of the home (72 years) indicate that it has not undergone an extensive, full renovation within the last 5-15 years across all major components, aligning it with the 'Fair' category where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Massive & Versatile Flex Space: A rare 864 sq. ft. enclosed, fully functional additional area offers exceptional versatility for a workshop, business, gym, or game room, providing significant value and lifestyle opportunities.
Major Recent Updates: The property benefits from recent significant updates including exterior paint (2021), new gutters, and a redone sewer with cleanout (2023), reducing immediate maintenance concerns for buyers.
Remodeled Kitchen: The kitchen has been recently remodeled with newer counters, a pot rack, a gas stove, and a sleek black fridge, offering a modern and functional cooking environment.
RV Access & Corner Lot: Featuring huge RV access and situated on a corner lot, the property provides convenience for recreational vehicle owners and potentially enhanced privacy and curb appeal.
Lifestyle & Work-Life Balance: The unique combination of a comfortable home and expansive flex space offers an 'ultimate work/life balance opportunity,' appealing to buyers seeking functional space for hobbies or home-based ventures.
Cons
Small Main House Size: The main residence is relatively small at 836 sq. ft. with 2 bedrooms and 1 bathroom, which may limit appeal for buyers seeking more living space or larger families.
Age of Property: Built in 1952, the home is over 70 years old. While some updates are noted, potential buyers may have concerns regarding the age of other core systems (e.g., HVAC, electrical, plumbing beyond the sewer).
Price Reductions: The listing history shows multiple price reductions, which could suggest initial overpricing or market resistance, potentially indicating a longer time on market or further negotiation room.