2531 Rice Alley, Sacramento, CA 95816, Sacramento, 95816 - 3 bed, 3 bath
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Sacramento, CA 95816
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $639,000—positioned well below the $651,926 Fair Market Value by 1%. This valuation gap offers $12,926 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a modern kitchen with GE Cafe appliances and hardwood floors. Located in a highly walkable Midtown neighborhood, it offers a low-maintenance lifestyle. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2531 Rice Alley Subject | $639,000* List Price | 3 | 3 | 1,323 | $493 | - |
A 1728 27th Street Active | $649,000 List Price | 3 | 3 | 1,205 | $539 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013, the property is 11 years old, placing it in the 'Good' category (10-20y). The home is exceptionally well-maintained and move-in ready, featuring a modern kitchen with premium GE Cafe appliances, granite countertops, hardwood flooring, and updated systems including a tankless water heater.
The property is ideally situated in a highly walkable neighborhood, just steps from the light rail, Natural Foods Co-op, and a variety of boutique shops and dining options.
Built in 2013, this home features premium upgrades including GE Cafe stainless steel appliances, hardwood floors throughout, and a tankless water heater for modern efficiency.
The HOA covers front landscaping and provides access to shared social amenities like a BBQ and fire-pit, offering a convenient 'lock-and-leave' lifestyle for busy professionals.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1307, living area = 1323.
With a lot size of only 1,307 square feet, the property lacks a traditional private backyard, which may be a concern for buyers with pets or those seeking personal garden space.
While some nearby elementary schools are highly rated, the assigned high schools in the district have significantly lower ratings, which could impact appeal for growing families.
Enjoy the vibrant urban lifestyle Sacramento is known for in this beautifully maintained home, ideally situated in one of Midtown's most desirable neighborhoods. The location couldn't be better just steps from the light rail, Natural Foods Co-op, boutique shops, dining, and entertainment. Inside, you'll find a pristine home featuring premium upgrades, including stainless steel GE Cafe appliances with a convection oven and five-burner stove, a spacious kitchen pantry, tankless water heater, and gorgeous hardwood floors throughout. The bedrooms offer generous closet space, and the master suite boasts a charming European-style balcony perfect for your morning coffee.The HOA takes care of front landscaping, so you can relax and enjoy low-maintenance living, plus access to a shared BBQ and fire-pit area that's perfect for hosting friends and family.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,323 | 1,459 | 45% |
| Lot Size | 1,307 | 3,191 | 5% |
| Price | $639.0K | $694.0K | 36% |
| Price per sq ft | $483 | $474 | 59% |
| Built year | 2013 | 1929 | 82% |
| HOA | $180 | $0 | 86% |
| Days on market | 6 | 175 | 5% |
Jun 17, 2026
$639,000
Initial Listing
Feb 2, 2021
$535,000
Public Record
Jan 22, 2014
$359,000
Public Record