
Orangevale, CA 95662
This Remodeled First-Floor Condominium is a Prime Investment Opportunity, listed at $229,999—positioned well below the $239,164 Fair Market Value by 3%. This valuation gap offers $9,165 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the unit features Laminate Flooring, a Remodeled Kitchen with stainless steel appliances, and a private Enclosed Patio. Its proximity to Old Town Folsom and the American River ensures high rental demand and lifestyle appeal. This is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6412 Benning Street 5 Subject | $229,999* List Price | 2 | 2 | 892 | $268 | - |
A 6412 Benning Street 1 Sold | $195,000 | 2 | 2 | 892 | $219 | 0.0 mi |
B 5607 Walnut Avenue 10 Sold | $254,000 | 2 | 2 | 1,209 | $210 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant cosmetic renovations, including new laminate flooring, custom paint, and a remodeled kitchen with upgraded countertops and stainless steel appliances. Although the building was constructed in 1985, the interior updates to the kitchen and bathrooms, along with the overall well-maintained appearance, meet the criteria for a 'good' condition score.
The unit features contemporary upgrades including laminate flooring, custom paint, and a remodeled kitchen with stainless steel appliances, offering a move-in-ready experience for buyers.
Situated with close proximity to Old Town Folsom, the American River, and extensive biking trails, this property offers exceptional access to outdoor recreation and local amenities.
As a first-floor unit with an inside laundry closet and an enclosed patio, the property provides ease of access and functional living features that are highly sought after in the condo market.
At 892 square feet for a two-bedroom, two-bathroom configuration, the interior layout may feel restrictive for those requiring more spacious living or storage areas.
Built in 1985, the property and its common elements may require more frequent maintenance or future capital improvements compared to newer residential developments.
Remodeled first floor 2-bedroom, 2-bath condo with inside laundry closet,laminate floors,newer bath vanity, brick fireplace with electric insert, custom paint, galley-style kitchen with upgraded counters, SS refrigerator,and enclosed patio area. Move-in ready appearance and close to Old Town Folsom, American River, biking, shopping and so much more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 892 | 1,050.5 | 50% |
| Lot Size | 1,769 | 884.5 | 50% |
| Price | $230.0K | $242.0K | 50% |
| Price per sq ft | $258 | $227 | 75% |
| Built year | 1985 | 1986 | 50% |
| HOA | $310 | $355 | 50% |
| Days on market | 20 | 225 | 25% |
Apr 2, 2026
$229,999
Initial Listing
Sep 4, 2019
$155,000
Public Record
Jan 18, 2017
$119,000
Public Record