413 McKinley WAY, West Sacramento, CA 95691, West Sacramento, 95691 - 4 bed, 3 bath
ACTIVE$525,000$1,625/sqft
Est. Value: $441,557
-15%
AboveEstimate
413 McKinley WAY, West Sacramento, CA 95691
4Beds
3Baths
1,625Sqft
8,383Lot
Price Vs. Estimate
The estimated value ($441,556.73) is $83,443.27 (15%) lower than the list price ($525,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8383, living area = 1625.
Top Cons:
Requires Significant Renovation/TLC: The property description explicitly states it 'just needs some TLC,' indicating that substantial updates, repairs, or renovations will be required, which could entail significant additional investment.
Compared to the nearby listings
Price:$525.0K vs avg $560.0K ($-35,000)46%
Size:1,625 sqft vs avg 1,740 sqft43%
Price/sqft:$323 vs avg $30462%
More Insights
Built in 1952 (74 years old).
Condition: Built in 1952, this property is over 70 years old. The listing explicitly states it 'just needs some TLC' and identifies 'older property age' as a weakness, strongly suggesting that substantial repairs and rehabilitation are required. Without interior images, it's highly probable that major systems, kitchen, and bathrooms are significantly outdated and in need of extensive renovation, aligning with the 'Poor' condition criteria.
Year Built
1952
Close
-
List price
$525K
Original List price
-
Price/Sqft
$323
HOA
$0
Days on market
-
Sold On
-
MLS number
41120140
Home ConditionPoor
Features
View-
About this home
Great opportunity in West Sacramento! 413 McKinley Way is a property with lots of potential and just needs some TLC. Conveniently located near West Capitol Avenue, Downtown Sacramento, shopping, dining, and major freeways. Perfect for an owner occupant or investor looking to add value in an established neighborhood.
S
Stephanie Burton
Listing Agent
Nearby schools
2/10
Westfield Village Elementary School
Public,•K-6•0.2mi
5/10
River City High School
Public,•9-12•2.8mi
Price History
Date
Event
Price
09/22/21
Sold
$454,000
07/17/02
Sold
$112,000
Condition Rating
Poor
Built in 1952, this property is over 70 years old. The listing explicitly states it 'just needs some TLC' and identifies 'older property age' as a weakness, strongly suggesting that substantial repairs and rehabilitation are required. Without interior images, it's highly probable that major systems, kitchen, and bathrooms are significantly outdated and in need of extensive renovation, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8383, living area = 1625.
Prime Location & Accessibility: Conveniently located near West Capitol Avenue, Downtown Sacramento, shopping, dining, and major freeways, offering excellent access to amenities and commuter routes.
Significant Value-Add Potential: Described as having 'lots of potential' and 'just needs some TLC,' making it an ideal opportunity for an owner-occupant or investor to add value through renovation and upgrades.
Spacious Lot Size: The property boasts a generous lot size of 8,383 sqft, providing ample outdoor space for landscaping, recreation, or potential expansion.
Desirable Bedroom/Bathroom Count: With 4 bedrooms and 3 bathrooms, the property offers a versatile layout suitable for families or potential rental income.
No Homeowners Association (HOA) Fees: The absence of HOA fees reduces ongoing monthly costs, making the property more financially attractive to buyers.
Cons
Requires Significant Renovation/TLC: The property description explicitly states it 'just needs some TLC,' indicating that substantial updates, repairs, or renovations will be required, which could entail significant additional investment.
Older Property Age: Built in 1952, the home is likely to have older systems (plumbing, electrical, HVAC) and potentially outdated finishes that will require modernization to meet contemporary standards and buyer expectations.
Low-Rated Elementary School: Westfield Village Elementary School, the closest elementary school, has a rating of 2, which may be a deterrent for families prioritizing highly-rated primary education.