
Sacramento, CA 95816
This Strong Value Opportunity is a 1910 Highwater Bungalow listed at $585,000—positioned well below the $611,754 Fair Market Value by 4%. This valuation gap offers $26,754 in Instant Equity. Featuring a Condition Rating of 2 with a new roof, HVAC, and updated systems, the home is move-in ready. Located in a prime Midtown neighborhood with a private patio, it offers excellent walkability. This property is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or first-time buyers prioritizing modern infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2616 Q St Subject 3 bd · 1 ba · 1,300 sqft · $471 | $585,000* List Price | 3 | 1 | 1,300 | $471 | - |
A 2604 S Street Sold 3 bd · 2 ba · 1,244 sqft · $563 · 0.2 mi | $700,000 | 3 | 2 | 1,244 | $563 | 0.2 mi |
B 1908 27th Street Sold 2 bd · 1 ba · 1,120 sqft · $464 · 0.2 mi | $519,750 | 2 | 1 | 1,120 | $464 | 0.2 mi |
C 2327 N St Sold 2 bd · 1 ba · 892 sqft · $504 · 0.3 mi | $450,000 | 2 | 1 | 892 | $504 | 0.3 mi |
D 1473 33rd Street Active 2 bd · 2 ba · 1,040 sqft · $576 · 0.6 mi | $599,000 List Price | 2 | 2 | 1,040 | $576 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1910, the property has undergone a comprehensive renovation within the last 5 years. Major system upgrades include a brand-new roof, HVAC, electrical wiring, and plumbing. The kitchen and interior finishes are in mint condition, requiring no immediate maintenance.
The property features significant modern improvements including a brand-new roof, HVAC system, updated electrical wiring, and plumbing, offering the reliability of a newer home within a vintage structure.
Situated in a highly desirable Sacramento neighborhood, this home offers excellent walkability to local restaurants, coffee shops, and urban amenities, enhancing its lifestyle appeal.
This 1910 Highwater Bungalow maintains its classic architectural charm while being thoughtfully updated to meet current city building codes and modern aesthetic standards.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3049, other record lot size in square feet = 6534.
With three bedrooms but only one bathroom, the home's layout may present logistical challenges for families or multi-resident living compared to more modern floor plans.
The 3,049-square-foot lot provides very limited outdoor space, which may be a drawback for buyers seeking a large yard, significant gardening space, or private outdoor entertaining areas.
Charming Highwater Bungalow at 2616 Q Street, thoughtfully updated to meet current city building codes while preserving its classic character. This beautifully remodeled home features major system upgrades, including a brand-new roof and HVAC system, updated water drainage plumbing, new electrical wiring, and a modern electrical panel, offering peace of mind for years to come. The kitchen has been refreshed with appliances and cabinetry installed within the past five years, blending functionality with style. Enjoy the perfect balance of vintage charm and modern improvements in a prime Midtown location, just minutes from restaurants, coffee shops, and local amenities.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.2 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,300 | 1,541.53 |
| Lot Size | 3,049 | 6,320.667 |
| Price | $585.0K | $503.2K |
| Price per sq ft | $450 | $331 |
| Built year | 1910 | 1975 |
| HOA | $0 | $130 |
| Days on market | 25 | 47 |
Sep 29, 2026
$585,000
Initial Listing
Jun 24, 2024
$477,500
Public Record