4819 62nd Street, Sacramento, CA 95820, Sacramento, 95820 - 3 bed, 1 bath
ACTIVE$339,999
4819 62nd Street, Sacramento, CA 95820
3Beds
1Bath
1,039Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($278,917.05) is $61,081.95 (17%) lower than the list price ($339,999). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Neighborhood: Located in the 'very desirable area of Tallac Village,' enhancing its market appeal and potential for appreciation.
Top Cons:
Condition Requires Investment: Described as a 'light fixer,' indicating necessary updates and renovations to meet modern buyer expectations and compete with recently remodeled properties in the area, necessitating additional investment post-purchase.
Compared to the nearby listings
Price:$340.0K vs avg $395.0K ($-55,001)28%
Size:1,039 sqft vs avg 1,092 sqft42%
Price/sqft:$327 vs avg $35141%
More Insights
Built in 1950 (75 years old).
Condition: The property, built in 1950, is described as a 'light fixer' with 'good bones.' While major systems like the roof, dual-pane windows, and HVAC were updated 22-23 years ago, the interior, particularly the kitchen and bathroom, are severely outdated. The kitchen features very old cabinets, worn countertops, an antique sink, and dated appliances (only a range and washing machine visible, no dishwasher). The bathroom has an old vanity, basic fixtures, and dated tile. The flooring throughout is a mix of old carpet and worn linoleum. The HVAC system, replaced in 2001, is also nearing the end of its expected lifespan. These factors indicate that the property requires substantial repairs and rehabilitation, especially in key areas like the kitchen and bathroom, to meet modern living standards, aligning with the 'Poor' condition criteria.
Year Built
1950
Close
-
List price
$340K
Original List price
-
Price/Sqft
$327
HOA
$0
Days on market
-
Sold On
-
MLS number
225140179
Home ConditionPoor
Features
View-
About this home
Light fixer - good bones and great price! This cinderblock home is in the very desirable area of Tallac Village! With a huge lot, maintained bones and modern upgrades to improve efficiency, this is a great investment! Comp roof in good condition - 40 year roof is only 22 years old. Full Dual Pane windows installed in 2002. Central Heating and Air - replaced in 2001. See Attachments on MLS for TDS and SPQ and supplemental info. ***SELLER DESIRES TO SELL TO INVESTOR and/or very quick close! Welcome Home!
Nearby schools
4/10
Mark Twain Elementary School
Public,•K-6•0.3mi
2/10
Hiram W. Johnson High School
Public,•9-12•0.8mi
5/10
Kit Carson Middle School
Public,•7-12•2.1mi
Price History
Date
Event
Price
03/01/01
Sold
$99,000
Condition Rating
Poor
The property, built in 1950, is described as a 'light fixer' with 'good bones.' While major systems like the roof, dual-pane windows, and HVAC were updated 22-23 years ago, the interior, particularly the kitchen and bathroom, are severely outdated. The kitchen features very old cabinets, worn countertops, an antique sink, and dated appliances (only a range and washing machine visible, no dishwasher). The bathroom has an old vanity, basic fixtures, and dated tile. The flooring throughout is a mix of old carpet and worn linoleum. The HVAC system, replaced in 2001, is also nearing the end of its expected lifespan. These factors indicate that the property requires substantial repairs and rehabilitation, especially in key areas like the kitchen and bathroom, to meet modern living standards, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Desirable Neighborhood: Located in the 'very desirable area of Tallac Village,' enhancing its market appeal and potential for appreciation.
Generous Lot Size: Features a 'huge lot' of 6,098 sqft, offering ample outdoor space for potential expansion, landscaping, or recreational use.
Durable Construction & Good Foundation: Built with 'cinderblock' and described as having 'maintained bones,' indicating a robust and structurally sound property.
Recent Major System Upgrades: Benefits from a relatively new roof (22 years into a 40-year lifespan) and full dual-pane windows installed in 2002, reducing immediate large-scale maintenance costs for a buyer.
Clear Investment Potential: Marketed as a 'light fixer' with 'good bones' and a seller seeking an 'investor and/or very quick close,' highlighting a clear opportunity for value-add and a potentially streamlined transaction.
Cons
Condition Requires Investment: Described as a 'light fixer,' indicating necessary updates and renovations to meet modern buyer expectations and compete with recently remodeled properties in the area, necessitating additional investment post-purchase.
Aging HVAC System: The central heating and air system, replaced in 2001, is 23 years old, suggesting it may be nearing the end of its useful life and could require replacement in the near future.
Overpriced Relative to Condition/Estimate: The listing price of $339,999 is significantly above the estimated property value of $278,917.05 and comparable to prices of fully renovated homes, potentially making it less attractive to buyers seeking a true 'fixer' deal.