3521 Town Court 3, Auburn, CA 95602, Auburn, 95602 - 2 bed, 1 bath
Loading property details...
Auburn, CA 95602
This Turn-key Investment Asset is listed at $235,000, representing a stable valuation aligned with its $229,190 Fair Market Value. Boasting a Good Condition Rating, the residence underwent a 2017 renovation featuring modern flooring, stone countertops, and updated cabinetry. The property delivers an exceptional $1,800 monthly rental income and includes rare amenities like a community pool and enclosed garage parking. Located within the district of the 9/10 rated Colfax High School and Placer High School, this home is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3521 Town Court 3 Subject | $235,000* List Price | 2 | 1 | 922 | $249 | - |
A 3693 Park Drive 4 Sold | $230,000 | 2 | 1 | 840 | $274 | 0.3 mi |
B 3677 Galena Drive 3 Sold | $191,000 | 2 | 1 | 922 | $207 | 0.2 mi |
C 3541 Town Court 1 Sold | $232,000 | 2 | 1 | 803 | $289 | 0.0 mi |
D 3743 Park Drive 3 Sold | $220,000 | 2 | 1 | 922 | $239 | 0.3 mi |
E 3582 Opal Drive 1 Sold | $215,000 | 2 | 1 | 803 | $268 | 0.1 mi |
F 3674 Sapphire Drive 1 Sold | $200,000 | 2 | 1 | 803 | $249 | 0.2 mi |
G 3753 Park Drive 4 Active | $219,000 List Price | 2 | 1 | 840 | $261 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 1971 but underwent a significant renovation in 2017, which falls within the 5-15 year window for a 'good' rating. Updates include modern laminate flooring, stone countertops, updated kitchen cabinetry, and newer windows. While some dated elements like popcorn ceilings remain, the unit is move-in ready with well-maintained systems and no immediate renovation required.
High School: Colfax High School (9/10).
With a scheduled rent increase to $1,800 per month against a $235,000 list price, this property offers a superior rent-to-purchase ratio and proven stability with a seven-year tenant history.
Extensively renovated in 2017, the unit features updated cabinetry, countertops, flooring, and energy-efficient windows, ensuring a move-in-ready experience with minimal immediate capital expenditure.
The absence of in-unit laundry hookups requires residents to use the HOA-managed community laundry room, which may be a convenience drawback for some modern buyers and renters.
The 2-bedroom, 1-bathroom configuration may limit appeal for families or co-living arrangements compared to units offering a second half-bath or full bath.
Turn-key investment opportunity in the highly desirable Auburn Greens HOA #1. This renovated condo has been occupied by the same reliable tenants for the past seven years and currently generates $1,700 per month in rental income. The rent is scheduled to increase to $1,800 per month in August, making it one of the strongest rent-to-purchase price ratios available in Auburn. Whether you're looking for a solid investment opportunity or a primary residence, this property offers outstanding value. Ideal for investors seeking cash flow, predictable returns, and low maintenance. This property works beautifully for a turn-key investor, first-time buyer, or anyone seeking affordable, easy living. The unit features an inviting open floor plan and was thoughtfully updated in 2017. Improvements included new windows, modern flooring, fresh paint, updated cabinetry, modern countertops, new interior doors, appliances, and refreshed electrical and plumbing fixtures making this a move-in-ready residence. Additional benefits include two assigned parking spaces one covered, enclosed with a garage door, one uncovered space and three private storage closets. The HOA maintains the exterior of the unit (walls out), landscaping, water heater and a well-kept laundry room. The area is surrounded by park-like green space, perfect for pets and families and includes an HOA managed community swimming pool. The location is unbeatable minutes from Target, Home Depot, restaurants, hospital, public transit, and just 10 minutes to historic Downtown Auburn. Nearby Auburn Regional Park features disc golf, pickle ball, ball fields, basketball courts, BBQ areas, and playgrounds. The Auburn Greens neighborhood continues to offer some of the most affordable and accessible housing in Auburn, and is known for consistent rental occupancy, stable tenants, and affordable HOA dues making this a strong option for both investors and homeowners. Condominium property is approved for financing for eligible buyers. Opportunities like this don't last. Schedule your viewing today!
No exterior & parking available.
Grades 9-12 • 3.8 mi
Grades 9-12 • 13.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 922 | 873.5 | 58% |
| Lot Size | - | - | 50% |
| Price | $235.0K | $203.0K | 92% |
| Price per sq ft | $255 | $223 | 67% |
| Built year | 1971 | 1974 | 42% |
| HOA | $297 | $294 | 75% |
| Days on market | 54 | 228 | 8% |
Feb 27, 2026
$235,000
Initial Listing
Sep 24, 2015
$74,000
Public Record
Apr 29, 2005
$155,000
Public Record
Jul 18, 1997
$30,000
Public Record