500 Del Verde Circle 5, Sacramento, CA 95833, Sacramento, 95833 - 2 bed, 1 bath
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Sacramento, CA 95833
This Modernized Ground-Floor Condominium is a Prime Investment Opportunity, listed at $250,000—positioned well below the $262,490 Fair Market Value by 4%. This valuation gap provides $12,490 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the interior features updated laminate flooring and a renovated kitchen with stainless steel appliances. Residents benefit from a gated community including a pool and clubhouse, located just 0.3 miles from Natomas High School. This turnkey asset is ideal for first-time buyers or commuters seeking proximity to downtown Sacramento.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 500 Del Verde Circle 5 Subject | $250,000* List Price | 2 | 1 | 956 | $275 | - |
A 350 Del Verde 7 Sold | $200,000 | 1 | 1 | 724 | $276 | 0.0 mi |
B 650 Del Verde Circle 6 Active | $248,000 List Price | 2 | 1 | 956 | $259 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1983, the property has undergone significant cosmetic renovations within the last 5-10 years. The kitchen features updated stainless steel appliances, a modern tile backsplash, and refreshed countertops. The interior boasts updated laminate flooring and fresh paint, making it move-in ready. While some elements like the popcorn ceilings and cabinet profiles reflect the original age, the overall maintenance and functional updates elevate it above the 'Fair' category.
As a prime bottom-unit location with no stairs to climb, this property offers excellent accessibility for those with mobility concerns or those seeking easy move-in logistics.
The seller's willingness to consider seller financing provides a significant advantage in a high-interest-rate market, making the property more accessible to a wider range of buyers.
Located in a desirable gated community, residents enjoy enhanced security along with access to a clubhouse and pool, providing a lifestyle-oriented living experience at an affordable price point.
The monthly HOA fee of $538 is relatively high compared to the listing price, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
With only one bathroom for a two-bedroom unit, the layout may be less appealing to roommates or small families compared to more modern configurations that typically offer 1.5 or 2 bathrooms.
SELLER FINANCING option considered! Bright & Cozy Condo in Desirable Natomas Gated Community! This charming 2-bedroom, 1-bathroom bottom-unit condo is ready to welcome you home! With 956 square feet of living space, this gem is nestled in a gated community with amenities, including a sparkling pool and a stylish clubhouse, all for a great price! Step inside and feel instantly at ease with the warm, inviting layout. The open living space is filled with natural light, and the well-appointed kitchen makes cooking and entertaining a breeze. Both bedrooms are generously sized, offering a peaceful retreat at the end of the day. But the perks don't stop there! Living here means you'll enjoy the security of a gated entrance and the convenience of being just minutes from parks, shopping, dining, and easy freeway access. This condo is a fantastic opportunity to own in one of Sacramento's highly desirable neighborhoods. Prime bottom-unit location, no stairs to climb! Access to a community pool and clubhouse for year-round enjoyment Affordable living in a vibrant, growing area just minutes from downtown Sacramento!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.7 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 | 956 | 1,113 | 43% |
| Lot Size | - | - | 50% |
| Price | $250.0K | $250.0K | 50% |
| Price per sq ft | $262 | $267 | 43% |
| Built year | 1983 | 1983 | 50% |
| HOA | $538 | $538 | 50% |
| Days on market | 6 | 155 | 14% |
Apr 16, 2026
$250,000
Initial Listing
Dec 1, 2023
$232,000
Public Record
Jul 22, 2019
$155,000
Public Record
Apr 15, 2016
$85,000
Public Record
Sep 9, 2011
$45,000
Public Record