3061 Kroy Way, Sacramento, CA 95820, Sacramento, 95820 - 3 bed, 2 bath
3061 Kroy Way
Sacramento, CA 95820
Property Price
SUMMARY
Analysis of 3061 Kroy Way, Sacramento, CA 95820 reveals a Fairly Priced Property with a current list price of $650,000 aligned with the estimated $650,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3061 Kroy Way Subject | $650,000* List Price | 3 | 2 | 2,057 | $316 | - |
A 6517 San Joaquin Street Sold | $495,000 List Price | 3 | 2 | 1,427 | 0.1 mi | |
B 5615 7th Avenue Sold | $525,000 | 3 | 1 | 1,549 | $339 | 0.6 mi |
C 5861 Brandon Way Sold | $615,000 | 3 | 2 | 1,628 | $378 | 0.8 mi |
D 3460 64th Street Sold | $515,000 | 3 | 1 | 1,300 | $396 | 0.2 mi |
E 3501 Sophia Way Sold | $555,000 | 3 | 1 | 1,395 | $398 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1940, this property is aged but appears to be maintained. The kitchens and bathrooms are functional but significantly outdated in terms of style, fixtures, and finishes (e.g., dated cabinets, laminate/tile countertops, older flooring, and specific paint choices). While some appliances in the main kitchen appear newer, the overall aesthetic and components suggest renovations were done 15-30 years ago, or piecemeal updates without a comprehensive modernization. The property requires minor to moderate updates to meet current quality and style standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 8276, living area = 2057.
- Income-Generating Potential
The property is explicitly marketed as featuring 'two great homes' and a 'multi-unit property,' offering significant potential for rental income or comfortable living with supplemental income, appealing to both investors and owner-occupants.
- Strategic Location
Its proximity to UC Davis Medical Center and Sacramento State University ensures a strong and consistent demand for rentals, making it highly attractive to students, faculty, and medical professionals.
CONSRISKS & DEFICIENCIES
- Advanced Age of Property
Built in 1940, the property is over 80 years old, suggesting potential for outdated infrastructure (plumbing, electrical, HVAC) and likely requiring significant capital investment for modernization and ongoing maintenance.
- Property Type Discrepancy
The description highlights 'two great homes' and 'multi-unit property,' yet the 'sub_type' is listed as 'Single Family Residence.' This inconsistency requires clarification and could affect financing, zoning, or legal use.
- Data Inconsistencies in Listing
Several key dates (on-market, modified timestamp, price change dates) are listed in the future, indicating potential data entry errors or system issues that could raise questions about the listing's overall accuracy and reliability.
About 3061 Kroy Way
Welcome to 3061 Kroy Way- featuring two great homes and a great opportunity for investors or owner-occupants. Located minutes from UC Davis Medical Center and Sacramento State University, this property offers a perfect opportunity for rental income or comfortable living with rental potential. Whether you're an investor seeking rental income or an owner-occupant looking for a multi-unit property, this property is an incredible opportunity. Come see it today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 59% |
| Square foot | 2,057 | 1,078 | 99% |
| Lot Size | 8,276 | 5,663 | 88% |
| Price | $650.0K | $408.0K | 99% |
| Price per sq ft | $316 | $348 | 32% |
| Built year | 1940 | 1950 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 332 | 169 | 97% |
Pricing History
Listed for Sale
Jan 6, 2026
$650,000
$698,000
-7% Price Drop
Initial Listing
Price Change
Apr 9, 2025
$698,000
Initial Listing
Sold
Jan 24, 2000
$96,000
Public Record