2528 El Burlon Circle, Rancho Cordova, CA 95670, Rancho Cordova, 95670 - 4 bed, 2 bath
ACTIVE$401,230
2528 El Burlon Circle, Rancho Cordova, CA 95670
4Beds
2Baths
1,514Sqft
9,310Lot
Price Vs. Estimate
The estimated value ($347,967.505) is $53,262.495 (13%) lower than the list price ($401,230). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: 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.
Top Cons:
Age of Property: Built in 1967, the home is over 50 years old, suggesting potential for outdated systems (HVAC, plumbing, electrical) and requiring significant updates to meet modern standards.
Compared to the nearby listings
Price:$401.2K vs avg $486.0K ($-84,770)22%
Size:1,514 sqft vs avg 1,548 sqft47%
Price/sqft:$265 vs avg $32223%
More Insights
Built in 1967 (58 years old).
Condition: 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 The AI analysis explicitly highlights the 'Age of Property' and 'Potential for Outdated Interiors/Deferred Maintenance,' indicating that major systems (HVAC, plumbing, electrical) and interior finishes, including the kitchen and bathrooms, are likely outdated and require substantial repairs and rehabilitation to meet modern standards.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.
Year Built
1967
Close
-
List price
$401K
Original List price
-
Price/Sqft
$265
HOA
$0
Days on market
-
Sold On
-
MLS number
SR23225552
Home ConditionPoor
Features
View-
About this home
Nearby schools
3/10
Cordova Meadows Elementary School
Public,•K-5•0.3mi
4/10
Cordova Gardens Elementary School
Public,•K-6•0.8mi
4/10
Mills Middle School
Public,•6-8•1.0mi
4/10
Cordova High School
Public,•9-12•1.0mi
Price History
Date
Event
Price
05/11/22
Sold
$535,000
02/19/04
Sold
$245,000
02/14/03
Sold
$183,500
Condition Rating
Poor
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 The AI analysis explicitly highlights the 'Age of Property' and 'Potential for Outdated Interiors/Deferred Maintenance,' indicating that major systems (HVAC, plumbing, electrical) and interior finishes, including the kitchen and bathrooms, are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.
Pros & Cons
Pros
High Available Lot Utilization: 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.
Exceptional Value Proposition: Listed significantly below its last sale price from May 2022 ($535,000 vs. $401,230), offering a compelling investment opportunity or immediate equity potential.
Generous Lot Size: A substantial 9,310 sqft lot provides ample outdoor space for landscaping, expansion, or recreational activities.
No Homeowners Association (HOA) Fees: The absence of HOA fees reduces monthly ownership costs and offers greater flexibility for property use.
Family-Friendly Location with Good Schools: Proximity to multiple public schools (Elementary, Middle, High) with 3-4 star ratings makes it attractive for families.
Spacious 4-Bedroom Layout: Four bedrooms provide versatile living arrangements, accommodating larger families or offering dedicated spaces for home offices or guests.
Cons
Age of Property: 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.
Potential for Outdated Interiors/Deferred Maintenance: Without specific mention of recent renovations, the age implies that interior finishes and fixtures may be dated, necessitating renovation expenses for buyers.
Unexplained Significant Price Reduction: 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.