8240 Center Parkway 71, Sacramento, CA 95823, Sacramento, 95823 - 2 bed, 1 bath
8240 Center Parkway 71
Sacramento, CA 95823
Property Price
SUMMARY
Analysis of 8240 Center Parkway 71, Sacramento, CA 95823 is currently available with a list price of $210,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1981, this property is well-maintained and move-in ready with significant mechanical upgrades including a newer HVAC system, furnace, and windows. While functional and clean, the kitchen and bathroom styles appear dated and lack a recent comprehensive renovation, fitting the criteria for a property over 40 years old that has been maintained through regular upkeep.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features a newer HVAC system, furnace, and updated bedroom windows, offering the buyer improved energy efficiency and peace of mind regarding major mechanical expenses.
- Enhanced Security and Parking
Located within a gated community, this unit includes a private one-car garage plus guest parking, providing a level of security and storage rarely found at this price point.
- Strategic Commuter Location
The home is ideally situated near Cosumnes River College, light rail, and major freeways, making it a highly attractive option for students, faculty, or daily commuters.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $450 monthly association fee is relatively high compared to the listing price, which may impact the debt-to-income ratio and overall monthly affordability for first-time buyers.
- Limited Bathroom Configuration
With only one bathroom serving two bedrooms, the layout may present a challenge for roommates or small families compared to more modern two-bathroom designs.
About 8240 Center Parkway 71
Ideal as a starter home or investment property, this charming condo offers 2 bedrooms & 1 bath in a desirable community. The kitchen features ample cabinet storage, generous counter space & appliances. The spacious family & dining room is filled with natural light. Both bedrooms provide large closets for plenty of storage. The bathroom includes an extended countertop added convenience. An interior laundry closet adds to the home's practicality. Step outside to the balcony just off the kitchen, a perfect private space to unwind or for morning coffee. The HOA covers exterior maintenance, common areas, trash& water service. Complete with newer HVAC, furnace & bedroom windows. This unit also includes a private one-car garage plus guest parking. Enjoy the security of a gated community and a prime location near parks, shopping, dining, light rail, major freeways & minutes from Cosumnes River College. With easy commuter access, this home offers low-maintenance living in an exceptionally convenient setting.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450 / Month
Neighborhood Insights
Sacramento Unified Schools
John Reith Elementary School
Grades K-6 • 0.6 mi
Prairie Elementary School
Grades K-6 • 0.7 mi
Marion Mix Elementary
Grades K-6 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 906 | 906 | 50% |
| Lot Size | - | - | 50% |
| Price | $210.0K | $160.0K | 73% |
| Price per sq ft | $232 | $190 | 80% |
| Built year | 1981 | 1981 | 50% |
| HOA | $450 | $391 | 87% |
| Days on market | 18 | 180 | 7% |
Pricing History
Listed for Sale
Feb 17, 2026
$210,000
Initial Listing
Sold
Jun 11, 2018
$125,000
Public Record
Sold
Apr 26, 2013
$63,000
Public Record
Sold
Jun 8, 2005
$191,000
Public Record
Sold
Dec 17, 2001
$69,500
Public Record