3522 Pelican Court, West Sacramento, CA 95691, West Sacramento, 95691 - 3 bed, 3 bath
ACTIVE$468,000$1,559/sqft
Est. Value: $453,217
-3%
AboveEstimate
3522 Pelican Court, West Sacramento, CA 95691
3Beds
3Baths
1,559Sqft
1,925Lot
Price Vs. Estimate
The estimated value ($453,217.455) is $14,782.545 (3%) lower than the list price ($468,000). This property may be overpriced.
Key pros and cons
Top Pros:
Assumable Loan Opportunity: The current 5.25% assumable loan offers a significant financial advantage, especially in today's higher interest rate environment, making the property more accessible and attractive to qualified buyers.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1925, living area = 1559.
Compared to the nearby listings
Price:$468.0K vs avg $560.0K ($-92,000)33%
Size:1,559 sqft vs avg 1,740 sqft39%
Price/sqft:$300 vs avg $30248%
More Insights
Built in 2022 (4 years old).
Condition: This property was built in 2022, making it virtually new. The listing explicitly states it's a 'SMART HOME' with 'most updated materials' and is 'fiber ready.' Images confirm a pristine condition throughout, featuring modern stainless steel kitchen appliances, granite countertops, light wood cabinetry, contemporary light fixtures, and a mix of new wood-look laminate, carpet, and tile flooring. Bathrooms are also new with modern vanities and fixtures. There is no visible wear and tear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2022
Close
-
List price
$468K
Original List price
-
Price/Sqft
$300
HOA
$117
Days on market
-
Sold On
-
MLS number
225116803
Home ConditionExcellent
Features
View-
About this home
Current 5.25% loan is assumable! Welcome to the amazing Riverchase Community! This is a SMART HOME and has the most updated materials and fiber ready. Close to downtown Sacramento, A's Stadium & The River Cats. Located in Yolo County and not a far drive to Davis. One of Sacramento's best kept secrets...Riverchase! Centrally located which will get you to Roseville, Elk Grove as well as only a few minutes drive to DOCO for Sacramento King's games, concerts and venues galore! Open kitchen/great room concept featuring a kitchen island with granite countertops and stainless steel appliances. Master suite & upstairs laundry room. Don't miss out on this property!
T
Tamara Olson
Listing Agent
Price History
Date
Event
Price
04/17/23
Sold
$499,000
Condition Rating
Excellent
This property was built in 2022, making it virtually new. The listing explicitly states it's a 'SMART HOME' with 'most updated materials' and is 'fiber ready.' Images confirm a pristine condition throughout, featuring modern stainless steel kitchen appliances, granite countertops, light wood cabinetry, contemporary light fixtures, and a mix of new wood-look laminate, carpet, and tile flooring. Bathrooms are also new with modern vanities and fixtures. There is no visible wear and tear or deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons
Pros
Assumable Loan Opportunity: The current 5.25% assumable loan offers a significant financial advantage, especially in today's higher interest rate environment, making the property more accessible and attractive to qualified buyers.
New Construction & Smart Home Technology: Built in 2022, this property is a 'SMART HOME' with the most updated materials and is fiber-ready, ensuring modern amenities, energy efficiency, and minimal immediate maintenance needs.
Prime Central Location: Strategically located close to downtown Sacramento, A's Stadium, The River Cats, DOCO, Roseville, Elk Grove, and a short drive to Davis, offering unparalleled access to entertainment, employment, and amenities.
Modern Open-Concept Interior: Features an open kitchen/great room concept with a kitchen island, granite countertops, and stainless steel appliances, catering to contemporary living and entertaining preferences.
Desirable Community: Situated in the 'amazing Riverchase Community,' described as 'one of Sacramento's best kept secrets,' suggesting a well-regarded and pleasant neighborhood environment.
Cons
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1925, living area = 1559.
Small Lot Size: The lot size of 1925 sqft is relatively small for a single-family residence, which may limit outdoor living space and potential for gardening or expansion.
Monthly Association Fee: A monthly association fee of $117 adds to the recurring cost of homeownership, which potential buyers will need to factor into their budget.
Price Reduction from Previous Sale: The current list price of $468,000 is lower than its previous sale price of $499,000, which might prompt questions from buyers regarding market value or previous overpricing.