
Sacramento, CA 95823
This Prime Investment Opportunity is listed at a List Price of $399,000—positioned well below the $407,986 Fair Market Value by 2%. This valuation gap offers $8,986 in Instant Equity for buyers. Featuring a new 2023 roof and a flexible 5-bedroom layout, the home maintains a Condition Rating of 4. While the interior requires cosmetic modernization, the garage conversion and extended patio provide significant utility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37 Kennelford Cir Subject 4 bd · 2 ba · 1,391 sqft · $293 | $399,000* List Price | 4 | 2 | 1,391 | $293 | - |
A 7801 CHARMETTE Way Sold 3 bd · 2 ba · 1,172 sqft · $282 · 0.6 mi | $330,000 | 3 | 2 | 1,172 | $282 | 0.6 mi |
B 9 Monaghan Circle Sold 3 bd · 2 ba · 1,310 sqft · $336 · 0.7 mi | $440,000 | 3 | 2 | 1,310 | $336 | 0.7 mi |
C 9 Graywood Court Sold 3 bd · 2 ba · 1,446 sqft · $309 · 0.4 mi | $447,000 | 3 | 2 | 1,446 | $309 | 0.4 mi |
D 101 Aruba Circle Sold 3 bd · 2 ba · 1,483 sqft · $283 · 0.4 mi | $420,000 | 3 | 2 | 1,483 | $283 | 0.4 mi |
E 150 Aruba Circle Sold 3 bd · 2 ba · 1,483 sqft · $293 · 0.4 mi | $435,000 | 3 | 2 | 1,483 | $293 | 0.4 mi |
F 31 Aruba Circle Sold 2 bd · 2 ba · 1,483 sqft · $273 · 0.4 mi | $405,000 | 2 | 2 | 1,483 | $273 | 0.4 mi |
G 4774 Camino Royale Drive Sold 3 bd · 3 ba · 1,337 sqft · $337 · 1.0 mi | $450,000 | 3 | 3 | 1,337 | $337 | 1.0 mi |
H 8046 Grandstaff Drive Active 3 bd · 2 ba · 1,454 sqft · $289 · 0.2 mi | $420,000 List Price | 3 | 2 | 1,454 | $289 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is over 40 years old and shows a mix of conditions. While it benefits from a new 2023 roof and fresh exterior paint, the interior is dated with a galley kitchen featuring older oak cabinetry and appliances. One bedroom is missing finished flooring, and the overall interior requires cosmetic updates and minor repairs to meet modern standards.
The property features a brand-new 2023 roof and fresh exterior paint, providing significant value and reducing immediate maintenance concerns for the buyer.
The garage conversion into a fifth bedroom includes a dedicated mini-split system, offering versatile options for a large family, guest suite, or home office.
Priced competitively under $400,000, the home presents a prime opportunity for buyers to build immediate sweat equity through personalized cosmetic updates.
The conversion of the garage into living space eliminates traditional covered parking, which may be a drawback for buyers requiring vehicle protection or shop space.
The home requires interior cosmetic modernization to reach its full market potential, necessitating additional post-purchase investment and effort.
Welcome to this well-appointed single-story residence offering five bedrooms and a flexible, easy-flowing layout. The open living and dining areas feature wood-look flooring, ceiling fans, and a classic brick fireplace, creating an inviting setting for everyday living and entertaining. The galley kitchen offers oak cabinetry, granite-style countertops, a mosaic tile backsplash, and a pantry cabinet. The fifth bedroom is a spacious garage conversion with recessed lighting, a ductless mini-split system, and mirrored wardrobe doors, with adjacent laundry access. The primary bedroom includes a private bath, and two secondary bedrooms have updated flooring. Exterior highlights include a new 2023 roof, fresh exterior paint, an extended patio, a large storage shed, and a generously sized backyard ready for your landscaping vision. Some cosmetic updates will allow the next owner to build equity. Schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,391 | 1,541.53 |
| Lot Size | 6,660 | 6,320.667 |
| Price | $399.0K | $503.2K |
| Price per sq ft | $287 | $331 |
| Built year | 1979 | 1975 |
| HOA | $0 | $130 |
| Days on market | 26 | 47 |
Sep 28, 2026
$399,000
Initial Listing
Apr 11, 2011
$123,000
Public Record
Mar 3, 1998
$86,500
Public Record