3813 Jasmine Street, Sacramento, CA 95838, Sacramento, 95838 - 4 bed, 2 bath
3813 Jasmine Street
Sacramento, CA 95838
Property Price
SUMMARY
Analysis of 3813 Jasmine Street, Sacramento, CA 95838 reveals a property with a current list price of $599,000, which is 8% above the estimated $553,790 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3813 Jasmine Street Subject | $599,000* List Price | 4 | 2 | 2,300 | $241 | - |
A 6 Granville Court Sold | $480,000 | 4 | 2 | 1,569 | $306 | 0.7 mi |
B 3845 May Street Active | $565,000 List Price | 6 | 4 | 2,439 | $232 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1950, the property is aged but appears to be maintained. The kitchens and bathrooms, while functional, feature dated styles with traditional wood cabinets, laminate countertops, older tile, and basic fixtures. Some appliances are newer stainless steel, but others are older black models. Flooring is a mix of older tile, carpet, and some newer laminate/engineered wood. Popcorn ceilings are visible. The property is livable but requires substantial cosmetic updates to kitchens, bathrooms, and overall aesthetics to meet current market expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Dual Dwelling
The property features two distinct, separate houses on one lot, offering unique flexibility for various living arrangements or investment strategies, rather than a traditional duplex.
- Strong Income/Multi-Generational Potential
Explicitly highlighted as a great opportunity for investors seeking rental income or multi-generational families needing independent living spaces, maximizing its market appeal to these segments.
- Substantial Combined Living Space
With a combined total of 6 bedrooms, 3 bathrooms, and approximately 2300 sq ft, the property provides ample accommodation for multiple occupants or a large family.
CONSRISKS & DEFICIENCIES
- Property Age & Potential for Updates
Built in 1950, the property is likely to require significant updates to systems, finishes, and overall condition to meet modern standards or buyer expectations, potentially incurring additional costs.
- Tenant Occupancy & Showing Restrictions
The 'do not disturb tenant' clause indicates current occupancy, which can complicate the showing process, limit access for inspections, and may deter buyers not wishing to inherit existing tenants.
- Undefined Condition/Maintenance
The description lacks details on recent renovations or the current condition of the property, suggesting potential for deferred maintenance or necessary repairs that could incur additional costs for a buyer.
About 3813 Jasmine Street
2 separate houses(NOT a duplex) with combined total of 6 beds/3 baths and approx. 2300 sq ft combined. FRONT unit has 4 bed/2 bath is approx. 1650 sq ft. BACK detached unit has 2 bed/1 bath is approx. 650 sq ft (with laundry hookups in unit) and separate entrance. Great opportunity for investor or multi-gen family looking for space. Shown by appointment only, do not disturb tenant.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Michael J. Castori Elementary School
Grades K-6 • 0.3 mi
Bell Avenue Elementary School
Grades K-6 • 0.8 mi
Hagginwood Elementary School
Grades K-6 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,300 | 1,217 | 97% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $599.0K | $390.0K | 96% |
| Price per sq ft | $260 | $323 | 23% |
| Built year | 1950 | 1970 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 402 | 169 | 97% |
Pricing History
Listed for Sale
Jan 29, 2025
$599,000
Initial Listing
Sold
Jul 20, 2011
$53,000
Public Record
Sold
Jun 24, 2011
$48,000
Public Record
Sold
Oct 29, 2004
$235,000
Public Record
Sold
Jun 29, 2001
$65,000
Public Record