5122 Rhode Island Drive 3, Sacramento, CA 95841, Sacramento, 95841 - 2 bed, 1 bath
5122 Rhode Island Drive 3
Sacramento, CA 95841
Property Price
SUMMARY
Analysis of 5122 Rhode Island Drive 3, Sacramento, CA 95841 is currently available with a list price of $230,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1969, the property is move-in ready and features a brand-new HVAC system, which is a major mechanical update. The interior boasts a modernized open-concept living area and appears well-maintained with no immediate renovations required. The combination of functional systems, updated layout, and general upkeep offsets the age of the structure, meeting the criteria for a 'good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Financing Versatility
The condo association is both FHA and VA approved, significantly expanding the pool of potential buyers and offering flexible financing options for first-time homeowners and veterans.
- Modern Infrastructure
Features a brand-new HVAC system and a desirable open-concept floor plan, providing immediate value and reducing the need for near-term capital expenditures on major mechanicals.
- Prime Cul-de-Sac Location
Situated at the end of a quiet cul-de-sac within walking distance to Arcade Creek Park, offering a peaceful residential setting while remaining minutes from major freeways and shopping.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-04-10. The sold price is $225,000.00.
- Limited Living Space
With only 840 square feet of living area, the property is relatively compact for a two-bedroom residence, which may challenge buyers seeking more spacious accommodations.
- Shared Garage Facilities
The property utilizes a shared garage rather than a private attached unit, which may be a drawback for buyers prioritizing maximum privacy and dedicated secure storage.
About 5122 Rhode Island Drive 3
Townhouse style condo at end of cul-de-sac in quiet community of Madison Villa Estates. New HVAC. Great floorplan with open concept living area on main level and bedrooms upstairs. Shared garage and lots of storage. Deep closet in primary bedroom. Outside lawn area. Convenient location being minutes to freeway, schools, shopping, entertainment and restaurants. Beautiful Arcade Creek park within walking distance. Condo association is FHA and VA approved!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1969
- Lot Size
- 2,849 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $310 / Month
Neighborhood Insights
Sacramento Unified Schools
Cameron Ranch Elementary School
Grades K-5 • 1.1 mi
Harry Dewey Fundamental Elementary School
Grades K-6 • 1.8 mi
Winston Churchill Middle School
Grades 6-8 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 840 | 880 | 43% |
| Lot Size | 2,849 | 1,506.985 | 93% |
| Price | $230.0K | $227.5K | 50% |
| Price per sq ft | $274 | $260 | 71% |
| Built year | 1969 | 1972 | 43% |
| HOA | $310 | $310 | 50% |
| Days on market | 0 | 166 | 14% |
Pricing History
Sold
Apr 10, 2025
$225,000
Public Record
Listed for Sale
$230,000
Initial Listing