3340 43rd Street, Sacramento, CA 95817, Sacramento, 95817 - 3 bed, 1 bath

3340 43rd Street, Sacramento, CA 95817 home-pic-0
ACTIVE$385,000$1,575/sqft
Est. Value: $328,797
-14%
AboveEstimate
3340 43rd Street, Sacramento, CA 95817
3Beds
1Bath
1,575Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($328,797.07) is $56,202.93 (14%) lower than the list price ($385,000). This property may be overpriced.

Key pros and cons

Top Pros:
Investment Opportunity: Explicitly marketed as an 'Investor Special - Fixer Opportunity!' with 'great potential,' appealing to buyers looking to add value through renovation.
Top Cons:
Cash Only Sale: The requirement for a cash-only sale significantly limits the pool of potential buyers, as it excludes those relying on traditional financing.

Compared to the nearby listings

Price:$385.0K vs avg $461.0K ($-76,000)33%
Size:1,575 sqft vs avg 1,150.5 sqft76%
Price/sqft:$244 vs avg $40222%

More Insights

Built in 1958 (68 years old).
Condition: Despite some cosmetic updates like newer laminate flooring, a refreshed kitchen with modern appliances, and an updated bathroom vanity, the property's core condition is significantly compromised. Built in 1958, it is explicitly marketed as an 'Investor Special - Fixer Opportunity' and 'Sold As Is.' The critical factor is the disclosed 'termite activity and evidence of wood-boring beetles,' which indicates substantial structural and safety defects requiring extensive and costly repairs. This moves it beyond 'Fair' and firmly into 'Poor' condition, as major components are affected.
Year Built
1958
Close
-
List price
$385K
Original List price
-
Price/Sqft
$244
HOA
$0
Days on market
-
Sold On
-
MLS number
225060816
Home ConditionPoor
Features
View-

About this home

Investor Special - Fixer Opportunity! Cash Only Sale - Sold As Is This property is a perfect investor opportunity with great potential! Please note: there is termite activity and evidence of wood-boring beetles. Solar panels are currently financed and will be paid off with buyer's funds at closing, transferring to the buyer free and clear. All available inspections and reports are attached for full transparency.

R
Renae Dunn
Listing Agent
Condition Rating
Poor

Despite some cosmetic updates like newer laminate flooring, a refreshed kitchen with modern appliances, and an updated bathroom vanity, the property's core condition is significantly compromised. Built in 1958, it is explicitly marketed as an 'Investor Special - Fixer Opportunity' and 'Sold As Is.' The critical factor is the disclosed 'termite activity and evidence of wood-boring beetles,' which indicates substantial structural and safety defects requiring extensive and costly repairs. This moves it beyond 'Fair' and firmly into 'Poor' condition, as major components are affected.
Pros & Cons

Pros

Investment Opportunity: Explicitly marketed as an 'Investor Special - Fixer Opportunity!' with 'great potential,' appealing to buyers looking to add value through renovation.
Free & Clear Solar Panels: Solar panels will be paid off by the seller at closing and transfer to the buyer free and clear, offering immediate energy savings and environmental benefits without additional cost.
No Homeowners Association (HOA) Fees: The property has no association fees, which reduces monthly ownership costs for the buyer.
Recent Price Reduction: The listing price has been reduced from $425,000 to $385,000, indicating a motivated seller and potential for a more attractive purchase price for buyers.
Transparent Disclosure: All available inspections and reports are attached for full transparency, allowing potential buyers to make informed decisions about the property's condition.

Cons

Cash Only Sale: The requirement for a cash-only sale significantly limits the pool of potential buyers, as it excludes those relying on traditional financing.
Sold As-Is Condition: The property is sold 'As Is,' meaning the seller will not make any repairs, and the buyer assumes full responsibility for all existing conditions and necessary renovations.
Pest Infestation: The property has confirmed 'termite activity and evidence of wood-boring beetles,' which will require immediate and potentially costly remediation and repairs.
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