4766 Greenholme Drive 4, Sacramento, CA 95842, Sacramento, 95842 - 2 bed, 1 bath
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Sacramento, CA 95842
This Affordable Sacramento Condominium is listed at $157,500, positioned slightly above the $148,757 Fair Market Value. Featuring a Condition Rating of 4, the interior is well-maintained yet dated, offering a functional layout with a forested greenbelt view. While the property faces lower school ratings and a significant HOA fee, its exceptional entry-level pricing provides a stable foundation for rental income or forced appreciation through cosmetic updates. This move-in ready asset is a practical choice for Buy-and-Hold Investors or first-time buyers prioritizing affordability and commuter convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4766 Greenholme Drive 4 Subject | $157,500* List Price | 2 | 1 | 924 | $161 | - |
A 5626 Hillsdale Boulevard A Sold | $145,000 | 2 | 2 | 933 | $155 | 0.4 mi |
B 4617 Palm Avenue 4 Sold | $180,000 | 2 | 1 | 924 | $195 | 0.2 mi |
C 4321 Palm Avenue 98 Sold | $202,700 | 2 | 2 | 944 | $215 | 0.6 mi |
D 4766 Greenholme Drive 4 Active | $175,000 List Price | 2 | 1 | 924 | $189 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready but remains largely in its original 1970s state. While the carpets and paint appear clean, the home features dated popcorn ceilings, original wood cabinetry, tile countertops in the kitchen, and older vertical blinds. It meets the 'fair' criteria as an aged but functional home that has been maintained through regular upkeep rather than modern renovation.
Priced at $157,500 for a 2-bedroom unit, this property offers a rare entry-level price point in the Sacramento market, making it an ideal opportunity for first-time buyers or investors seeking high rental yield potential.
The condo is well-maintained with a functional layout and abundant natural light, allowing for immediate occupancy without the need for significant initial renovation or repair costs.
The property's proximity to major freeways, shopping centers, and dining options provides excellent convenience for daily commuting and easy access to local amenities.
The assigned public schools carry low ratings (ranging from 2 to 4), which may be a drawback for families and could potentially limit the property's long-term appreciation.
A monthly HOA fee of $375 represents a significant recurring expense relative to the low purchase price, impacting the overall monthly carrying costs and buyer debt-to-income ratios.
Welcome to 4766 Greenholme Drive #4 - a well-maintained and move-in ready condo offering comfort, convenience, and value in Sacramento. This charming unit features a functional layout with abundant natural light, creating a warm and inviting living space. The open living and dining areas provide flexibility for both relaxing and entertaining, while the kitchen offers ample cabinetry and workspace for everyday cooking. The bedroom is generously sized with good closet space, and the bathroom is clean and practical. Thoughtful design throughout maximizes usability, making this home ideal for first-time buyers, downsizers, or investors. Enjoy the benefits of condo living with HOA-maintained exterior, common areas, and added conveniences. The community offers a peaceful setting while still being close to shopping, dining, parks, and easy freeway accessmaking commuting a breeze. Whether you're looking for an affordable place to call home or a solid investment opportunity, this property checks all the boxes. Don't miss your chance to own this great Sacramento condo!
No exterior & parking available.
Grades K-4 • 0.2 mi
Grades 5-8 • 0.5 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 924 | 924 | 50% |
| Lot Size | - | - | 50% |
| Price | $157.5K | $190.0K | 13% |
| Price per sq ft | $170 | $225 | 13% |
| Built year | 1977 | 1977 | 50% |
| HOA | $375 | $363 | 60% |
| Days on market | 15 | 145 | 7% |
Apr 7, 2026
$157,500
Initial Listing
Nov 2, 2016
$63,000
Public Record
Jul 25, 2001
$55,000
Public Record
Nov 22, 1996
$2,500
Public Record
Jun 29, 1995
$37,000
Public Record