
Sacramento, CA 95823
This Gated Condominium represents a strategic entry-level asset listed at $189,000, offering a stable valuation compared to its $169,713 Fair Market Value. With a Condition Rating of 4, the property serves as a prime candidate for cosmetic modernization to drive forced appreciation. The interior features high-demand amenities including vaulted ceilings, inside laundry, and a private 1-car garage within a secure community. Proximity to Valley High School and local transit ensures consistent rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking for a value-add opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8252 8252 Center Parkway 79 Subject | $189,000* List Price | 2 | 1 | 906 | $187 | - |
A 8228 Center Parkway 46 Sold | $190,000 | 2 | 1 | 906 | $210 | 0.1 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 moderate renovation needed.
Built in 1981, this property is over 40 years old and shows signs of being dated. While the unit is functional and includes desirable features like vaulted ceilings and inside laundry, the overall aesthetic, including the kitchen and bathroom, lacks recent modernizations. It fits the 'fair' criteria as an aged but maintained home that requires minor cosmetic updates to meet current contemporary standards.
The property is situated within a gated community and includes a private 1-car garage, offering a level of security and dedicated storage rarely found at this price point.
The living room features vaulted ceilings that significantly enhance the sense of space and light, providing a more open and modern feel than standard flat-ceiling units.
The inclusion of inside laundry facilities eliminates the need for shared laundry rooms, adding substantial daily convenience and increasing the unit's rental appeal.
The $380 monthly association fee is relatively high in proportion to the $189,000 list price, which may impact the debt-to-income ratio for prospective buyers.
The local middle and high schools carry lower performance ratings (3 and 4 respectively), which could limit the property's appeal to families prioritizing education.
Great opportunity inside gated condo community, 2nd level 2 bedroom 1 full bath condo with inside laundry. The living room is spacious and has vaulted ceilings. The condo is also includes a 1 car garage.
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 | 906 | 915 | 50% |
| Lot Size | - | - | 50% |
| Price | $189.0K | $162.5K | 58% |
| Price per sq ft | $209 | $198 | 50% |
| Built year | 1981 | 1981 | 50% |
| HOA | $380 | $386 | 50% |
| Days on market | 0 | 182 | 8% |
Feb 6, 2002
$65,000
Public Record
$189,000
Initial Listing