46 Cedro Circle, Sacramento, CA 95833, Sacramento, 95833 - 3 bed, 2 bath
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This property presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned well below the $486,894 Fair Market Value by -2%. While the home maintains a Fair Condition Rating due to its 1981 construction, it offers a competitive price per square foot and No HOA Fees. Located just 0.14 miles from Jefferson Elementary, the property provides strong educational proximity. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a well-connected Sacramento neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 46 Cedro Circle Subject | $500,000* List Price | 3 | 2 | 1,627 | $299 | - |
A 1810 Azurite Way Sold | $515,000 | 3 | 2 | 1,479 | $348 | 0.3 mi |
B 114 Cedro Circle Sold | $465,000 | 3 | 2 | 1,353 | $344 | 0.0 mi |
C 3127 Mill Oak Way Sold | $420,000 | 3 | 2 | 1,413 | $297 | 0.6 mi |
D 1585 Pebblewood Dr Sold | $450,000 | 3 | 2 | 1,453 | $310 | 0.5 mi |
E 331 Unity Circle Sold | $512,000 | 3 | 2 | 1,695 | $302 | 0.9 mi |
F 1307 Grendel Way Sold | $465,000 | 3 | 2 | 1,344 | $346 | 0.9 mi |
G 5 Rollingbrook Circle Active | $485,000 List Price | 3 | 2 | 1,579 | $307 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1981, making it 45 years old. Based on the age and lack of documented recent major renovations in the listing data, the home falls into the 'Fair' category as it is likely dated and exceeds the 20-year threshold, typically requiring minor repairs or cosmetic updates to the kitchen, baths, and systems.
The property is ideally situated for families, located just 0.14 miles from Jefferson Elementary School and within a mile of several other educational facilities.
With an association fee of $0, homeowners benefit from lower monthly carrying costs and the freedom from restrictive community covenants.
At approximately $307 per square foot for a 1,627 sqft home, this property offers significant value and space compared to newer, more expensive developments in the Sacramento area.
While the property is close to many schools, the local public school ratings range between 3 and 4, which may be a concern for buyers prioritizing high-performing districts.
Built in 1981, the home is over 40 years old and may require near-term investments in major systems or cosmetic updates to align with modern energy efficiency and design standards.
Exceptional opportunity in Sacramento. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.3 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,627 | - |
| Lot Size | 5,885 | - |
| Price | $500.0K | $505.7K |
| Price per sq ft | $307 | $341 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 42 |
Jul 6, 2026
$500,000
Initial Listing
Jul 9, 2021
$460,000
Public Record
Aug 3, 2010
$115,500
Public Record