6697 Greenback Lane, Citrus Heights, CA 95621, Citrus Heights, 95621 - 3 bed, 2 bath
6697 Greenback Lane
Citrus Heights, CA 95621
Property Price
SUMMARY
Analysis of 6697 Greenback Lane, Citrus Heights, CA 95621 is currently available with a list price of $255,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Citrus Heights Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1973, this HUD-owned townhouse is explicitly marketed as a fixer-upper requiring extensive repairs and modernization. The property features outdated kitchen and bathroom styles, worn flooring, and significant deferred maintenance, making it a candidate for substantial rehabilitation as evidenced by its eligibility for FHA 203K financing.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Value-Add Potential
Priced at $255,000 compared to a previous sale price of $333,000, this HUD-owned property offers substantial equity growth potential for investors or flippers through strategic renovations.
- Financing Versatility
The property is eligible for FHA 203K financing, providing a rare opportunity for owner-occupants to finance both the purchase and the necessary repairs in a single loan.
- Spacious Functional Layout
With 1,344 square feet, 3 bedrooms, and 2 bathrooms, the townhouse provides a solid footprint and a desirable room count that appeals to both families and rental markets.
CONSRISKS & DEFICIENCIES
- Extensive Repair Needs
The property is being sold as a fixer-upper requiring significant updating and repairs, which necessitates immediate capital outlay and contractor oversight.
- High Monthly HOA Dues
The $410 monthly association fee is relatively high for this price point, which may impact the debt-to-income ratio for buyers and reduce net cash flow for long-term investors.
- Traffic and Noise Exposure
Located on Greenback Lane, a major and busy thoroughfare, the property is subject to higher ambient street noise and traffic congestion compared to interior neighborhood units.
About 6697 Greenback Lane
Investor Opportunity - HUD-Owned Townhouse with Value-Add Potential Great opportunity for investors, flippers, or buyers looking to add value. This 3-bedroom, 2-bath townhouse offers a solid footprint and functional layout, but is in need of repairs and updating, making it an ideal candidate for renovation. Convenient access to shopping, schools, public transportation, and major commuter routes. With the right improvements, this townhouse has strong potential for resale or long-term rental. Property offers a transparent purchase process and excellent upside for those familiar with renovation projects. Bring your contractor and vision this is a chance to transform a fixer into a profitable investment. Eligible for FHA203K financing.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1973
- Lot Size
- 1,202 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $410 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,344 | 1,344 | 50% |
| Lot Size | 1,202 | 1,766.5 | 28% |
| Price | $255.0K | $324.5K | 6% |
| Price per sq ft | $190 | $234 | 6% |
| Built year | 1973 | 1976 | 33% |
| HOA | $410 | $452 | 50% |
| Days on market | 51 | 142 | 6% |
Pricing History
Listed for Sale
Jan 15, 2026
$255,000
Initial Listing
Sold
Feb 18, 2022
$333,000
Public Record
Sold
Jun 20, 2013
$113,000
Public Record
Sold
Feb 6, 2006
$230,000
Public Record
Sold
Jan 19, 2005
$26,000
Public Record
Sold
Oct 20, 1999
$70,000
Public Record