7340 Hamden Place 104, Sacramento, CA 95842, Sacramento, 95842 - 3 bed, 2 bath
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Sacramento, CA 95842
This Updated Upper-Level Condo is a High-Potential Investment Opportunity, listed at $300,000—positioned well below the $338,225 Fair Market Value by 11%. This valuation gap provides $38,225 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the residence features cathedral ceilings, a cozy fireplace, and recent updates including new appliances and flooring. Located in the gated Ridge Point community, residents enjoy a pool, spa, and tennis courts. This turnkey asset is ideal 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 |
|---|---|---|---|---|---|---|
★ 7340 Hamden Place 104 Subject | $300,000* List Price | 3 | 2 | 1,322 | $256 | - |
A 7340 Hamden Place 103 Sold | $317,000 | 3 | 2 | 1,322 | $240 | 0.0 mi |
B 4900 Dover Lane 1306 Sold | $250,000 | 2 | 2 | 1,055 | $237 | 0.1 mi |
C 4840 Dover Lane 405 Sold | $275,000 | 2 | 2 | 1,056 | $260 | 0.0 mi |
D 4916 Cambridge Place 1704 Sold | $275,000 | 2 | 2 | 1,005 | $274 | 0.1 mi |
E 4840 Dover Lane 406 Active | $280,000 List Price | 2 | 2 | 1,056 | $265 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several recent updates that elevate it above a standard 'fair' rating. It features new stainless steel kitchen appliances, updated stone countertops, and new wood-look laminate flooring throughout the main living areas. While the oak cabinetry in the kitchen and the gold-framed shower doors in the bathrooms reflect the original 1993 construction style, the fresh paint and modern light fixtures/ceiling fans provide a clean, updated feel. The property is well-maintained with no visible deferred maintenance.
The unit has been recently updated with new flooring, fresh paint, and new appliances, and includes the refrigerator, washer, and dryer, making it an ideal turnkey opportunity.
Located in the gated Ridge Point community, the property offers secure living with resort-style amenities including a pool, spa, and tennis courts located in close proximity to the unit.
This upper-level unit features cathedral ceilings and a fireplace, providing a sense of volume and character that distinguishes it from standard condominium layouts.
The association fee of $445 per month is relatively high for this price point, which may impact the debt-to-income ratio for some buyers and increase overall carrying costs.
The local high school carries a rating of 4, which may be a concern for families prioritizing top-tier educational facilities and could affect long-term resale demand.
Nestled in the gated Ridge Point community, this 1134 sq. ft., 3-bedroom, 2-bath condo offers a perfect blend of comfort and style. The upper-level unit boasts cathedral ceilings, a cozy fireplace, and a private balcony overlooking lush landscaping. With new appliances, flooring, and paint, this single-story home is move-in ready. Enjoy resort-style amenities, including a pool, spa, and tennis courts, conveniently located within the community. Situated near shopping, dining, and freeway access, this motivated seller is leaving the fridge, washer, and dryer. The pool and Tennis court are very close to this unit.
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 86% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,322 | 928.5 | 86% |
| Lot Size | - | - | 50% |
| Price | $300.0K | $191.0K | 86% |
| Price per sq ft | $227 | $226 | 50% |
| Built year | 1993 | 1981 | 64% |
| HOA | $445 | $363 | 57% |
| Days on market | 52 | 136 | 7% |
Mar 22, 2026
$300,000
$316,000
-5% Price Drop
Initial Listing
Mar 1, 2026
$316,000
Initial Listing
May 5, 2016
$162,500
Public Record
Dec 4, 2008
$142,000
Public Record
Aug 14, 1998
$100,000
Public Record
Dec 30, 1993
$106,000
Public Record