2528 El Burlon Circle, Rancho Cordova, CA 95670, Rancho Cordova, 95670 - 4 bed, 2 bath
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Rancho Cordova, CA 95670
This Value-Add Residential Asset represents a strategic entry point for buyers focused on forced appreciation. Listed at $401,230 relative to a $335,775 Fair Market Value, the pricing reflects the property's current state and its Condition Rating of 5. The home requires comprehensive interior and system updates but offers a Spacious 4-Bedroom Layout and an expansive 9,310 sqft Lot, providing significant utility and expansion potential. Situated near Mills Middle School and Cordova High, this property is an ideal acquisition for Buy-and-Hold Investors or Contractors ready to execute a full renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2528 El Burlon Circle Subject | $401,230* List Price | 4 | 2 | 1,514 | $222 | - |
A 2539 El Burlon Circle Sold | $472,500 | 4 | 2 | 1,514 | $312 | 0.0 mi |
B 2509 La Cumbra Circle Sold | $493,000 | 4 | 2 | 1,440 | $342 | 0.4 mi |
C 2701 El Caprice Drive Sold | $372,500 | 3 | 2 | 1,225 | $304 | 0.4 mi |
D 10361 Daniel Way Sold | $400,000 | 3 | 2 | 1,381 | $290 | 0.9 mi |
E 3212 Portsmouth Drive Pending | $435,000 List Price | 3 | 2 | 1,390 | $313 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1967, making it 57 years old. There is no mention of any significant renovations in the listing, and the provided image is only of the exterior, showing an older home. The AI analysis explicitly highlights the 'Age of Property' and 'Potential for Outdated Interiors/Deferred Maintenance,' indicating that major systems (HVAC, plumbing, electrical) and interior finishes, including the kitchen and bathrooms, are likely outdated and require substantial repairs and rehabilitation to meet modern standards. The significant price reduction from its 2022 sale price further suggests the property is in a condition requiring major investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9310, living area = 1514.
Listed significantly below its last sale price from May 2022 ($535,000 vs. $401,230), offering a compelling investment opportunity or immediate equity potential.
A substantial 9,310 sqft lot provides ample outdoor space for landscaping, expansion, or recreational activities.
Built in 1967, the home is over 50 years old, suggesting potential for outdated systems (HVAC, plumbing, electrical) and requiring significant updates to meet modern standards.
Without specific mention of recent renovations, the age implies that interior finishes and fixtures may be dated, necessitating renovation expenses for buyers.
While a buyer's advantage, the substantial price drop from its 2022 sale price ($535,000 to $401,230) could raise questions about the property's current condition or undisclosed issues.
Exceptional opportunity in Rancho Cordova. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,514 | 1,608.5 | 43% |
| Lot Size | 9,310 | 6,985 | 82% |
| Price | $401.2K | $499.5K | 13% |
| Price per sq ft | $265 | $325 | 16% |
| Built year | 1967 | 1982 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 861 | 171 | 0% |
Dec 13, 2023
$401,230
Initial Listing
May 11, 2022
$535,000
Public Record
Feb 19, 2004
$245,000
Public Record
Feb 14, 2003
$183,500
Public Record