7340 Hamden Place 107, Sacramento, CA 95842, Sacramento, 95842 - 2 bed, 2 bath

7340 Hamden Place 107, Sacramento, CA 95842 home-pic-0
ACTIVE$250,000/sqft
7340 Hamden Place 107, Sacramento, CA 95842
2Beds
2Baths
Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Gated Community & Lifestyle Amenities: The property is situated within a charming gated community, offering enhanced security and exclusive access to desirable amenities such as a sparkling pool, clubhouse, and tennis courts, promoting an active and social lifestyle.
Top Cons:
Significant Monthly Association Fee: The monthly association fee of $455 is substantial and will add a considerable recurring cost to homeownership, potentially impacting buyer affordability and overall budget.

Compared to the nearby listings

Price:$250.0K vs avg $195.0K (+$55,000)84%
Size: sqft vs avg 840 sqft11%
Price/sqft:$0 vs avg $21821%

More Insights

Built in 1993 (33 years old).
Condition: The property, built in 1993, is well-maintained but shows significant signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features original-style oak cabinets, white tile countertops, and white appliances (except for a newer stainless steel refrigerator), along with a dated fluorescent light fixture. The bathrooms have similar dated vanities, countertops, and gold-toned fixtures. While functional and move-in ready, these areas would require substantial updates to meet current aesthetic and quality standards, aligning with the 'fair' condition criteria for a home built over 20 years ago with no major renovations since construction or a renovation 15-30 years ago.
Year Built
1993
Close
-
List price
$250K
Original List price
-
Price/Sqft
$0
HOA
$455
Days on market
-
Sold On
-
MLS number
225053096
Home ConditionFair
Features
Deck
View-

About this home

Welcome to Ridgepoint a charming gated community in the heart of Sacramento! This well maintained 2-bedroom, 2-bath condo offers a perfect blend of comfort, value, and convenience. Featuring an open-concept living area. This light-filled unit includes a cozy fireplace and a private balcony ideal for morning coffee or evening relaxation. The spacious primary bedroom boasts a generous closet, while the second bedroom is perfect as a guest room or home office. The well-appointed kitchen includes ample cabinet space and a breakfast bar, making it ideal for everyday living or entertaining. Enjoy access to community amenities including a sparkling pool, clubhouse, and tennis courts all just steps from your door. Conveniently located near shopping, dining, public transportation, and I-80 for easy commuting.

G
Gary DiGrazia
Listing Agent

Nearby schools

6/10
Ridgepoint Elementary School
Public,K-80.2mi
4/10
Highlands High School
Public,9-120.9mi

Price History

Date
Event
Price
06/12/19
Sold
$219,500
05/08/19
Sold
$182,000
Condition Rating
Fair

The property, built in 1993, is well-maintained but shows significant signs of being outdated, particularly in the kitchen and bathrooms. The kitchen features original-style oak cabinets, white tile countertops, and white appliances (except for a newer stainless steel refrigerator), along with a dated fluorescent light fixture. The bathrooms have similar dated vanities, countertops, and gold-toned fixtures. While functional and move-in ready, these areas would require substantial updates to meet current aesthetic and quality standards, aligning with the 'fair' condition criteria for a home built over 20 years ago with no major renovations since construction or a renovation 15-30 years ago.
Pros & Cons

Pros

Gated Community & Lifestyle Amenities: The property is situated within a charming gated community, offering enhanced security and exclusive access to desirable amenities such as a sparkling pool, clubhouse, and tennis courts, promoting an active and social lifestyle.
Exceptional Location & Commuter Access: Strategically located near essential conveniences including shopping, dining, and public transportation, with direct access to I-80, ensuring effortless commuting and daily errands.
Well-Maintained & Modern Interior: This 1993-built condo is described as well-maintained, featuring an open-concept living area, a light-filled interior, and a well-appointed kitchen with a breakfast bar, offering comfort and contemporary appeal.
Desirable Unit Features: The unit includes a cozy fireplace, a private balcony for outdoor relaxation, a spacious primary bedroom with a generous closet, and a flexible second bedroom ideal for guests or a home office.
Proximity to Quality Schools: Located within a quarter-mile of Ridgepoint Elementary School, which holds a rating of 6, making it an attractive option for families with school-aged children.

Cons

Significant Monthly Association Fee: The monthly association fee of $455 is substantial and will add a considerable recurring cost to homeownership, potentially impacting buyer affordability and overall budget.
Condominium Ownership Restrictions: As a condominium, buyers will be subject to HOA rules and regulations, which may include restrictions on exterior modifications, pet policies, and potential noise considerations due to shared walls, limiting personal autonomy.
Recent Price History & Market Value: The current list price of $250,000 is notably higher than the last recorded sales in 2019 ($219,500 and $182,000), which may require careful justification of value to potential buyers, especially if no major upgrades have been made.
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