4400 E Nichols Avenue, Sacramento, CA 95820, Sacramento, 95820 - 2 bed, 1 bath
4400 E Nichols Avenue
Sacramento, CA 95820
Property Price
SUMMARY
Analysis of 4400 E Nichols Avenue, Sacramento, CA 95820 reveals a Fairly Priced Property with a current list price of $394,000 aligned with the estimated $394,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 4400 E Nichols Avenue Subject | $394,000* List Price | 2 | 1 | 976 | $404 | - |
A 4801 Siskiyou Avenue Sold | $360,000 | 2 | 1 | 881 | $409 | 0.2 mi |
B 4971 48th Street Sold | $393,000 | 3 | 1 | 947 | $415 | 0.6 mi |
C 4510 El Cerrito Way Sold | $325,000 | 2 | 1 | 990 | $328 | 0.3 mi |
D 3937 28th Street Sold | $425,000 | 3 | 1 | 1,020 | $417 | 1.0 mi |
E 4541 Summit Way Sold | $390,000 | 3 | 1 | 1,058 | $369 | 0.3 mi |
F 4551 Orinda Way Active | $340,000 List Price | 2 | 1 | 885 | $384 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1947, this property has undergone extensive recent renovations. The kitchen features sleek newer white cabinets, granite countertops, and modern appliances. The bathroom is newly remodeled with contemporary fixtures and tiling. Newer laminate flooring is installed throughout, and dual-pane windows enhance efficiency. Crucially, modern mini-split HVAC systems are visible, indicating updated heating and cooling. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Conveniently located just minutes from downtown Sacramento and the UC Davis Med Center, offering excellent accessibility and desirability.
- Extensive Modern Updates
The home boasts a beautifully updated interior, including a dreamy kitchen with granite countertops, newer white cabinets, a gas cooktop, a newly remodeled bathroom, and newer laminate flooring throughout.
- Exceptional Outdoor Living & ADU Potential
Features a private European courtyard, well-landscaped front yard, and a large backyard with RV access and ample space for a potential Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Compact Interior Size
At 976 square feet, the home offers a smaller living space, which may not accommodate buyers seeking more expansive interiors.
- Single Bathroom Configuration
The property features only one bathroom, which could be a functional limitation for families or multiple occupants.
- Potential for Older Systems
Built in 1947, and while cosmetically updated, the description does not specify updates to major systems like HVAC, which could be a concern in Sacramento's climate and potentially require future investment.
About 4400 E Nichols Avenue
Experience the charm of this beautifully updated Oak Park home, conveniently located just minutes from downtown and the UC Davis Med Center! This delightful 2-bedroom, 1-bathroom residence offers a perfect blend of modern amenities and classic appeal. A private European courtyard and well-landscaped front yard add to this home's great curb appeal. Step inside to a bright and airy floor plan with open-concept living. The dreamy kitchen features granite countertops, sleek newer white cabinets, a gas cooktop stove, and ample storage space. The adjoining dining/living room combo offers great natural lighting with expansive dual-pane windows. Enjoy spacious bedrooms and a newly remodeled bathroom. Additional highlights include newer laminate flooring throughout and an indoor laundry room. The large backyard, with a tool shed and RV access, provides ample space for a potential ADU! This property is a must-see!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 976 | 1,067 | 26% |
| Lot Size | 5,663 | 5,663 | 50% |
| Price | $394.0K | $405.0K | 41% |
| Price per sq ft | $404 | $353 | 69% |
| Built year | 1947 | 1950 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 474 | 169 | 98% |
Pricing History
Listed for Sale
Nov 18, 2024
$394,000
Initial Listing
Sold
Feb 17, 2021
$290,000
Public Record
Sold
Jun 16, 2016
$185,000
Public Record
Sold
Mar 18, 2016
$100,000
Public Record
Sold
May 22, 2009
$80,000
Public Record
Sold
Feb 19, 2004
$92,000
Public Record