2931 Wright Street, Sacramento, CA 95821, Sacramento, 95821 - 3 bed, 2 bath
ACTIVE$540,000
2931 Wright Street, Sacramento, CA 95821
3Beds
2Baths
1,291Sqft
8,712Lot
Price Vs. Estimate
The estimated value ($494,711.605) is $45,288.395 (8%) lower than the list price ($540,000). 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 = 8712, living area = 1291.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-04-18. The sold price is $305,000.00.
Compared to the nearby listings
Price:$540.0K vs avg $506.2K (+$33,750)61%
Size:1,291 sqft vs avg 1,602 sqft26%
Price/sqft:$418 vs avg $32189%
More Insights
Built in 1940 (85 years old).
Condition: Despite being built in 1940, the property has undergone extensive recent renovations, as explicitly stated in the description ('ALL NEW FLOORING, DOORS, WINDOWS, HVAC, ROOF, PAINT, APPLIANCES') and confirmed by the images. The kitchen features new white shaker cabinets, solid surface countertops, a modern mosaic backsplash, stainless steel appliances, and recessed lighting. The main living areas boast new laminate flooring, fresh paint, and updated light fixtures, presenting a 'LIKE A BRAND NEW HOME' condition with virtually new components and no deferred maintenance. The unfinished garage area is a minor exception but does not detract from the excellent condition of the primary living spaces.
Year Built
1940
Close
-
List price
$540K
Original List price
-
Price/Sqft
$418
HOA
$0
Days on market
-
Sold On
-
MLS number
225136796
Home ConditionExcellent
Features
Patio
View-
About this home
Beautiful, ALL NEW FLOORING, DOORS, WINDOWS, HVAC, ROOF, PAINT, APPLIANCES., Ready to move in. Make this home yours. Large backyard to enjoy barbecues with the family and friends. Near shopping center, public transportation. LIKE A BRAND NEW HOME.
Nearby schools
2/10
Dyer-Kelly Elementary School
Public,•K-5•0.4mi
7/10
Harry Dewey Fundamental Elementary School
Public,•K-6•6.2mi
2/10
Encina Preparatory High School
Public,•6-12•1.9mi
Price History
Date
Event
Price
04/18/25
Sold
$305,000
Condition Rating
Excellent
Despite being built in 1940, the property has undergone extensive recent renovations, as explicitly stated in the description ('ALL NEW FLOORING, DOORS, WINDOWS, HVAC, ROOF, PAINT, APPLIANCES') and confirmed by the images. The kitchen features new white shaker cabinets, solid surface countertops, a modern mosaic backsplash, stainless steel appliances, and recessed lighting. The main living areas boast new laminate flooring, fresh paint, and updated light fixtures, presenting a 'LIKE A BRAND NEW HOME' condition with virtually new components and no deferred maintenance. The unfinished garage area is a minor exception but does not detract from the excellent condition of the primary living spaces.
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 = 8712, living area = 1291.
Comprehensive Modernization: The property has undergone extensive renovations, including 'ALL NEW FLOORING, DOORS, WINDOWS, HVAC, ROOF, PAINT, APPLIANCES,' effectively transforming it into a 'LIKE A BRAND NEW HOME' and minimizing immediate maintenance for the buyer.
Move-in Ready Condition: With all major updates completed, the home is presented as 'Ready to move in,' offering immediate occupancy without the need for further investment in repairs or upgrades.
Desirable Outdoor Living Space: A 'Large backyard to enjoy barbecues with the family and friends' provides ample private outdoor space for recreation and entertaining.
Convenient Accessibility: The location 'Near shopping center, public transportation' offers practical convenience for daily errands and commuting.
No Association Fees: The absence of association fees (HOA) contributes to lower monthly ownership costs, making it a more attractive option for budget-conscious buyers.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-04-18. The sold price is $305,000.00.
Recent Price Reductions: Multiple price adjustments from $555,000 to $540,000 could indicate a potential overestimation of market value or a slower-than-anticipated buyer response.
Proximity to Lower-Rated Schools: The two closest public schools, Encina Preparatory High School and Dyer-Kelly Elementary School, both carry a rating of 2, which may be a significant concern for families prioritizing strong school districts.
Age of Original Construction: Despite extensive renovations, the home's original build year of 1940 means the underlying structure and potentially some unseen systems are older, which could raise long-term maintenance questions for some buyers.