
Sacramento, CA 95823
This Updated Turnkey Condominium is a Prime Investment Opportunity, listed at $229,000—positioned well below the $237,791 Fair Market Value by 3%. This valuation gap offers $8,791 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the interior features a renovated kitchen with shaker-style cabinetry and stone countertops, complemented by modern laminate flooring. Located minutes from Cosumnes River College and Highway 99, the property benefits from high rental demand and proximity to Valley High School. This is an ideal match for first-time home buyers or investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8220 Center Parkway 43 Subject | $229,000* List Price | 2 | 1 | 1,044 | $228 | - |
A 8228 Center Parkway 46 Sold | $190,000 | 2 | 1 | 906 | $210 | 0.0 mi |
B 8272 Center Parkway 111 Sold | $216,000 | 2 | 2 | 1,026 | $211 | 0.1 mi |
C 8224 Center Parkway 30 Pending | $190,000 List Price | 2 | 1 | 906 | $210 | 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 significant interior updates that exceed its 1981 build year. The kitchen has been renovated with modern shaker-style cabinetry, stone countertops, and updated pendant lighting. The bathroom features an updated vanity and fixtures. Throughout the home, the flooring has been upgraded to a modern laminate/vinyl plank, and the overall maintenance appears excellent, requiring no immediate repairs or renovations.
The property is ideally situated near Highway 99, light rail, and Cosumnes River College, offering excellent convenience for commuters and students.
Described as well-kept and move-in ready, this condo allows for an immediate transition without the need for initial renovations or repairs.
With a competitive price point of $229,000, this unit serves as an affordable entry for first-time buyers or a high-yield opportunity for investors.
The monthly HOA fee of $380 is relatively high compared to the listing price, which may affect the monthly budget and overall affordability.
The surrounding public schools carry lower ratings (3-4), which could be a drawback for families prioritizing high-performing educational districts.
Welcome to this beautiful, well kept, stunning and ready to move in condo. 2 bedrooms, 1 bath, 1 car garage. Closes to schools, shopping centers, CRC Community College, Highway 99, light rail, restaurants, and hospitals. Great for first time home buyer or investor.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
Grades K-6 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,044 | 924 | 75% |
| Lot Size | - | - | 50% |
| Price | $229.0K | $162.5K | 75% |
| Price per sq ft | $219 | $198 | 67% |
| Built year | 1981 | 1981 | 50% |
| HOA | $380 | $386 | 50% |
| Days on market | 13 | 182 | 8% |
Apr 9, 2026
$229,000
Initial Listing
Oct 30, 2019
$127,000
Public Record
Sep 24, 2015
$64,000
Public Record