5420 Evonne Avenue, Santa Rosa, CA 95409, Santa Rosa, 95409 - 3 bed, 2 bath
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Santa Rosa, CA 95409
This Value-Add Single-Family Residence is a Prime Investment Opportunity listed at $650,000—positioned well below the $663,518 Fair Market Value by 2%. This valuation gap provides $13,518 in Instant Equity. Boasting a Good Condition Rating, the home features a newer furnace, dual-pane windows, and original hardwood floors. Located in the premier Rincon Valley neighborhood near Austin Creek Elementary, the property includes a private patio and significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a solid foundation in a top-tier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5420 Evonne Avenue Subject | $650,000* List Price | 3 | 2 | 1,408 | $471 | - |
A 822 Jack London Drive Sold | $700,000 | 4 | 2 | 1,300 | $538 | 0.7 mi |
B 5330 Marit Drive Sold | $739,000 | 3 | 3 | 1,598 | $462 | 0.3 mi |
C 5530 Dupont Drive Sold | $815,000 | 3 | 2 | 1,883 | $433 | 0.5 mi |
D 305 Simone Place N Sold | $690,000 | 3 | 2 | 1,464 | $471 | 0.5 mi |
E 5012 Parkhurst Drive Sold | $710,000 | 4 | 2 | 1,400 | $507 | 1.0 mi |
F 341 La Crosse Avenue Pending | $739,000 List Price | 3 | 2 | 1,450 | $510 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1959, the property is well-maintained and move-in ready with significant functional updates including a newer furnace, dual-pane windows, and stainless steel appliances. The kitchen features updated stone countertops, and the original hardwood floors appear to be in good condition, placing it in the 'Good' category despite the dated cabinetry and overall age.
Situated in the highly desirable Rincon Valley neighborhood and within the sought-after Austin Creek Elementary attendance area, ensuring strong long-term resale value.
The property offers a significant opportunity to build equity through cosmetic updates and modernization, making it an ideal project for investors or owner-occupants.
With dual-pane windows and a newer furnace already installed, the home provides a reliable foundation that reduces the need for immediate high-cost mechanical repairs.
The home requires comprehensive updates to the kitchen, bathrooms, and flooring to meet modern aesthetic standards and buyer preferences.
Built in 1959, the property may require additional inspections and potential upgrades to older systems, such as plumbing or electrical, that are common in homes of this era.
This single-story, 3-bedroom, 2-bath home is located in a desirable Rincon Valley neighborhood within the Austin Creek Elementary School attendance area. Offering approximately 1,408 sq ft (+/-) of living space, the home features original hardwood floors, with some areas currently covered by carpet. A sunny kitchen opens to the dining area with a sliding glass door leading to the backyard. Dual pane windows and a newer furnace provide a solid starting point. Situated on a 6,000 sq ft (+/-) lot with an attached 2-car garage, this property presents a great opportunity to update, improve, and build equity in a sought-after location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,408 | 1,686 | 27% |
| Lot Size | 5,998 | 7,200 | 38% |
| Price | $650.0K | $739.0K | 33% |
| Price per sq ft | $462 | $437 | 63% |
| Built year | 1959 | 1979 | 2% |
| HOA | $0 | $113 | 47% |
| Days on market | 5 | 209 | 1% |
Apr 17, 2026
$650,000
Initial Listing