
Citrus Heights, CA 95621
This property presents a High-Potential Investment Opportunity with a List Price of $189,000—positioned well below the $181,786 Fair Market Value by -3%. While the property requires a comprehensive rehab due to its Condition Rating of 5, the inclusion of newer windows and community amenities like a pool and shared garage provides a solid foundation. This asset is ideal for Buy-and-Hold Investors or first-time buyers capable of executing a value-add renovation to modernize the interior and capture significant long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6273 Cavan Dr #4 Subject 2 bd · 1 ba · 924 sqft · $197 | $189,000* List Price | 2 | 1 | 924 | $197 | - |
A 6508 Bremen Drive 4 Sold 2 bd · 1 ba · 924 sqft · $208 · 0.2 mi | $192,000 | 2 | 1 | 924 | $208 | 0.2 mi |
B 6521 Greenback Lane 3 Sold 2 bd · 1 ba · 840 sqft · $193 · 0.3 mi | $162,000 | 2 | 1 | 840 | $193 | 0.3 mi |
C 6225 Cavan Drive 3 Sold 2 bd · 1 ba · 840 sqft · $208 · 0.1 mi | $175,000 | 2 | 1 | 840 | $208 | 0.1 mi |
D 6254 Longford Drive 1 Sold 2 bd · 1 ba · 795 sqft · $247 · 0.1 mi | $196,000 | 2 | 1 | 795 | $247 | 0.1 mi |
E 6225 Longford 2 Active 2 bd · 1 ba · 840 sqft · $256 · 0.2 mi | $215,000 List Price | 2 | 1 | 840 | $256 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 and described as a 'light fixer,' the unit shows significant age-related wear. The kitchen features original-style cabinetry and dated tile countertops (>30 years old), while the interior contains popcorn ceilings and heavily stained, worn carpeting that requires immediate replacement. Although windows have been updated, the overall condition necessitates a comprehensive rehab.
Priced at $189,000, this property represents a rare entry-level opportunity in the Citrus Heights market, offering significant value for first-time buyers or investors.
The inclusion of newer windows and window coverings provides immediate value, improving the home's insulation and reducing potential move-in renovation costs.
Residents benefit from desirable association features including community pools and a shared garage, enhancing the overall lifestyle and convenience of the Greenback Estates development.
Marketed as a 'light fixer,' the property requires additional capital investment and labor to address necessary cosmetic or functional updates.
The $427 monthly association fee is relatively high compared to the purchase price, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Welcome to Greenback Estates! This condo is conveniently located and waiting for your personal touches. Featuring newer windows and and window coverings. Shared garage and community pools are just a couple of the amenities. This light fixer is priced to sell!!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 2.1 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.6 |
| Square foot | 924 | 1,073.929 |
| Lot Size | 2,278 | 2,161.5 |
| Price | $189.0K | $245.9K |
| Price per sq ft | $205 | $230 |
| Built year | 1971 | 1976 |
| HOA | $427 | $453 |
| Days on market | 4 | 59 |
Oct 20, 2026
$189,000
Initial Listing
Jul 20, 1995
$49,000
Public Record