
Auburn, CA 95603
This vintage property presents a High-Potential Investment Opportunity with a List Price of $470,000—positioned well below the $490,288 Fair Market Value by 4%. This valuation gap offers $40,288 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes recent major infrastructure upgrades like a new roof and electrical rewiring. While the interior requires cosmetic modernization, the large 8,825 sqft lot and views of downtown Auburn provide significant upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 529 Landis Circle Subject | $470,000* List Price | 3 | 2 | 1,595 | $303 | - |
A 120 Walker Dr Sold | $330,000 | 3 | 2 | 1,152 | $286 | 0.3 mi |
B 160 Walker Pending | $415,000 List Price | 2 | 2 | 1,539 | $270 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, the property has excellent recent updates to major systems, including a new roof (3 years ago) and complete rewiring (2 years ago). However, the interior remains significantly dated; the kitchen features older cabinetry and finishes, and the living areas contain dated wood paneling and drop ceilings. The presence of window AC units suggests a lack of modern central HVAC. While functional and move-in ready, the home requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8825, living area = 1595.
The property features a roof replaced only three years ago and a complete electrical rewiring performed two years ago, addressing two major capital expenses for a home of this vintage.
Situated in an established neighborhood, the home offers desirable views overlooking downtown Auburn, providing a unique aesthetic appeal that enhances property value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8825, other record lot size in square feet = 8952. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1595, other record living area = 1099. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1938, the property may require ongoing specialized maintenance or updates to systems not recently renovated, such as plumbing or foundation, common in homes of this era.
The two-level configuration with bedrooms separated between floors may be less appealing to buyers seeking a more traditional or accessible single-story living arrangement.
Charming vintage home in established neighborhood enjoys views overlooking downtown Auburn. 2-level home opens to welcoming living/dining space with handsome fireplace warming the original hardwood flooring. MBR on this level, 2 more BRs below, possible 4th BR on entry level. Come see if you agree. Seller replaced roof 3 years ago, and had home rewired completely 2 years ago. Furnishings in home stay unless buyer requests removal.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,595 | 1,919.75 |
| Lot Size | 8,825 | 15,215.5 |
| Price | $470.0K | $652.5K |
| Price per sq ft | $295 | $355 |
| Built year | 1938 | 1985 |
| HOA | $0 | $272 |
| Days on market | 53 | 55 |
Jul 18, 2026
$470,000
Initial Listing
Jan 17, 2020
$325,000
Public Record
Oct 9, 2019
$305,000
Public Record
Jul 18, 2012
$150,000
Public Record