3217 43rd Street, Sacramento, CA 95817, Sacramento, 95817 - 3 bed, 2 bath
ACTIVE$250,000$1,000/sqft
Est. Value: $273,352
9%
BelowEstimate
3217 43rd Street, Sacramento, CA 95817
3Beds
2Baths
1,000Sqft
4,792Lot
Price Vs. Estimate
The estimated value ($273,351.85) is $23,351.85 (9%) higher than the list price ($250,000). This property may be underpriced.
Key pros and cons
Top Pros:
Prime Location for Accessibility: The property boasts an excellent location, being within walking distance to U.C. Davis and Shriners Hospital, and just minutes from HWY 50, offering superb convenience for students, medical professionals, and commuters.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 1069.
Compared to the nearby listings
Price:$250.0K vs avg $461.0K ($-211,000)21%
Size:1,000 sqft vs avg 1,146.5 sqft24%
Price/sqft:$250 vs avg $40222%
More Insights
Built in 1925 (101 years old).
Condition: This property, built in 1925, is explicitly stated to be 'in need of major repairs' and will require a 'total renovation, including but not limited to a new roof.' The presence of a 'Termite report attached in 2 parts' indicates significant structural defects. Images confirm extensive disrepair with peeling paint, damaged flooring, extremely outdated kitchen (old cabinets, appliances, tile countertops, linoleum floor), and bathrooms (old vanities, tubs, tile, and flooring). The heating/cooling systems also appear old and worn. The property is far from livable in its current state and requires substantial rehabilitation.
Year Built
1925
Close
-
List price
$250K
Original List price
-
Price/Sqft
$250
HOA
$0
Days on market
-
Sold On
-
MLS number
226005895
Home ConditionPoor
Features
View-
About this home
High river bungalow that is in need of major repairs-Termite report attached in 2 parts, will need a total renovation including but not limited to a new roof. Walking distance to U.C. Davis, Shriners Hospital & HWY 50 is minutes away. NO BLIND OFFERS!
J
Jack LaRosa
Listing Agent
Price History
Date
Event
Price
09/13/99
Sold
$77,000
08/12/98
Sold
$9,500
10/16/08
Sold
$70,000
Condition Rating
Poor
This property, built in 1925, is explicitly stated to be 'in need of major repairs' and will require a 'total renovation, including but not limited to a new roof.' The presence of a 'Termite report attached in 2 parts' indicates significant structural defects. Images confirm extensive disrepair with peeling paint, damaged flooring, extremely outdated kitchen (old cabinets, appliances, tile countertops, linoleum floor), and bathrooms (old vanities, tubs, tile, and flooring). The heating/cooling systems also appear old and worn. The property is far from livable in its current state and requires substantial rehabilitation.
Pros & Cons
Pros
Prime Location for Accessibility: The property boasts an excellent location, being within walking distance to U.C. Davis and Shriners Hospital, and just minutes from HWY 50, offering superb convenience for students, medical professionals, and commuters.
Significant Value-Add Opportunity: Listed at $250,000 and requiring extensive renovation, this property presents a substantial opportunity for investors or owner-occupants to add significant equity and value through a comprehensive remodel.
Desirable Bungalow Architecture: Built in 1925, the property offers the inherent charm and classic architectural style of a bungalow, which can be highly appealing to buyers seeking character homes after renovation.
Generous Lot Size: With a lot size of 4792 sqft, there is ample outdoor space for potential expansion, landscaping, or creating an attractive backyard oasis, enhancing the property's overall appeal.
Established Urban Neighborhood: Located in Sacramento near major institutions, the property is situated in an established urban area, suggesting potential for stable demand and appreciation once fully renovated.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1000, other record living area = 1069.
Extensive Renovation Required: The property is explicitly stated to be 'in need of major repairs' and a 'total renovation, including but not limited to a new roof,' indicating a substantial financial and time commitment for the buyer.
Significant Termite Damage: The presence of a 'Termite report attached in 2 parts' highlights a critical structural issue that will require immediate and potentially expensive remediation as part of the renovation.
Strict 'As-Is' Sale Condition: The seller's firm stance of 'NO BLIND OFFERS!' and the detailed disclosure of needed repairs mean the buyer assumes all risks and costs associated with the property's current dilapidated condition, limiting negotiation on condition and requiring a thorough understanding of renovation expenses.