7529 Skelton Way, Sacramento, CA 95822, Sacramento, 95822 - 4 bed, 2 bath

7529 Skelton Way, Sacramento, CA 95822 home-pic-0
ACTIVE$519,999
7529 Skelton Way, Sacramento, CA 95822
4Beds
2Baths
1,656Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($478,151.03) is $41,847.97 (8%) lower than the list price ($519,999). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1656.
Top Cons:
Partial Kitchen Updates: Only 'one unit includes an updated kitchen,' suggesting the other unit's kitchen may be dated and could require additional investment to match the renovated bathrooms and overall modern aesthetic.

Compared to the nearby listings

Price:$520.0K vs avg $441.2K (+$78,749)71%
Size:1,656 sqft vs avg 1,350 sqft76%
Price/sqft:$314 vs avg $35033%

More Insights

Built in 1962 (63 years old).
Condition: This duplex, built in 1962, has undergone significant recent renovations, including a new roof, fresh exterior paint, and renovated bathrooms in both units. One unit features a modern, updated kitchen with new cabinets, countertops, and appliances, while the other unit's kitchen is clean but dated. The property is described as 'move-in ready,' indicating functional systems and minimal immediate repair needs. While the property's age and the partial kitchen updates prevent an 'Excellent' rating, the extensive recent improvements align well with the 'Good' condition criteria, offering a well-maintained and updated living space.
Year Built
1962
Close
-
List price
$520K
Original List price
-
Price/Sqft
$314
HOA
$0
Days on market
-
Sold On
-
MLS number
225130910
Home ConditionGood
Features
View-

About this home

Excellent Investment Opportunity!7529-7539 Skelton Way, Sacramento CA 95822 Move-in ready duplex, perfect for investors or first-time home buyers. This property features two attached units, each with renovated bathrooms and modern updates. One unit includes an updated kitchen, and the entire building boasts a new roof and fresh paint. Don't miss this ideal combination of location, upgrades, and income potential, just minutes from Highway 5, nearby parks, and scenic bicycle trails.

Nearby schools

2/10
John D. Sloat Elementary School
Public,K-60.7mi
4/10
John Bidwell Elementary School
Public,K-60.7mi
3/10
Edward Kemble Elementary School
Public,K-30.8mi
5/10
Cesar Chavez Intermediate School
Public,4-60.9mi
3/10
H. W. Harkness Elementary School
Public,K-61.2mi
3/10
Woodbine Elementary School
Public,K-61.4mi
2/10
Susan B. Anthony Elementary School
Public,K-61.5mi
7/10
Pony Express Elementary School
Public,K-61.7mi
3/10
Union House Elementary School
Public,K-62.0mi
3/10
Caroline Wenzel Elementary School
Public,K-62.2mi
2/10
Pacific Elementary School
Public,K-62.6mi
5/10
Matsuyama Elementary School
Public,K-62.6mi
6/10
Sutterville Elementary School
Public,K-63.1mi
2/10
Hollywood Park Elementary School
Public,K-63.1mi
3/10
John Cabrillo Elementary School
Public,K-63.2mi
3/10
Ethel Phillips Elementary School
Public,K-63.4mi
3/10
John Reith Elementary School
Public,K-63.5mi
6/10
Marion Mix Elementary
Public,K-64.5mi
9/10
Crocker/Riverside Elementary School
Public,K-64.8mi
2/10
Rosa Parks Elementary School
Public,K-80.4mi
2/10
John H. Still School
Public,K-80.6mi
3/10
Fern Bacon Middle School
Public,7-82.1mi
3/10
Samuel Jackman Middle School
Public,7-82.7mi
4/10
Martin Luther King, Jr School
Public,K-82.9mi
6/10
Leonardo Da Vinci School
Public,K-83.2mi
2/10
Sam Brannan Middle School
Public,7-83.4mi
4/10
California Middle School
Public,7-84.7mi
5/10
Harriet G. Eddy Middle School
Public,7-86.0mi
3/10
Luther Burbank High School
Public,9-121.4mi
6/10
John F. Kennedy High School
Public,9-122.8mi
4/10
Valley High School
Public,9-123.7mi
5/10
C. K. Mcclatchy High School
Public,9-124.4mi
7/10
Laguna Creek High School
Public,9-125.1mi

Price History

Date
Event
Price
09/19/08
Sold
$132,000
04/07/05
Sold
$339,000
04/07/05
Sold
$56,500
05/06/02
Sold
$140,000
Condition Rating
Good

This duplex, built in 1962, has undergone significant recent renovations, including a new roof, fresh exterior paint, and renovated bathrooms in both units. One unit features a modern, updated kitchen with new cabinets, countertops, and appliances, while the other unit's kitchen is clean but dated. The property is described as 'move-in ready,' indicating functional systems and minimal immediate repair needs. While the property's age and the partial kitchen updates prevent an 'Excellent' rating, the extensive recent improvements align well with the 'Good' condition criteria, offering a well-maintained and updated living space.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1656.
Great Schools: Elementary School: Crocker/Riverside Elementary School (9/10).
Duplex Investment Opportunity: The property is explicitly marketed as an 'Excellent Investment Opportunity' and a 'duplex,' offering potential for rental income or owner-occupancy with supplementary income.
Extensive Recent Renovations: Significant capital improvements include a 'new roof and fresh paint' for the entire building, along with 'renovated bathrooms and modern updates' in both units, reducing immediate maintenance costs for a buyer.
Move-in Ready Condition: Described as 'move-in ready,' this property is attractive to investors seeking quick tenant placement and first-time home buyers looking to avoid immediate renovation expenses.
Strategic Location & Accessibility: Located 'just minutes from Highway 5, nearby parks, and scenic bicycle trails,' providing convenient access to transportation, recreation, and local amenities.
Broad Market Appeal: The property's description targets both 'investors or first-time home buyers,' indicating a wide potential buyer pool and strong market interest.

Cons

Partial Kitchen Updates: Only 'one unit includes an updated kitchen,' suggesting the other unit's kitchen may be dated and could require additional investment to match the renovated bathrooms and overall modern aesthetic.
Property Age: Built in 1962, the property is over 60 years old. While major updates are noted, older underlying infrastructure (e.g., plumbing, electrical systems not explicitly mentioned as updated) could present future maintenance concerns.
Mixed School Ratings: Several elementary and middle schools in close proximity have lower ratings (e.g., 2s and 3s), which might be a concern for families prioritizing top-tier public education, despite some higher-rated options further away.

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