8631 Posadera Avenue, Orangevale, CA 95662, Orangevale, 95662 - 3 bed, 1 bath
ACTIVE$460,000$960/sqft
Est. Value: $436,869
-5%
AboveEstimate
8631 Posadera Avenue, Orangevale, CA 95662
3Beds
1Bath
960Sqft
10,890Lot
Price Vs. Estimate
The estimated value ($436,869.24) is $23,130.76 (5%) lower than the list price ($460,000). 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 = 10890, living area = 960.
Top Cons:
Limited Bathroom Count: With only one bathroom for three bedrooms, this could be a significant inconvenience for families or multiple occupants, potentially impacting daily functionality.
Compared to the nearby listings
Price:$460.0K vs avg $539.0K ($-79,000)28%
Size:960 sqft vs avg 1,524 sqft4%
Price/sqft:$479 vs avg $36294%
More Insights
Built in 1959 (67 years old).
Condition: The property, built in 1959, features updated kitchen and bathroom areas with modern-looking cabinets, granite countertops, and stainless steel appliances (excluding the refrigerator), along with updated flooring throughout. These cosmetic updates appear to be relatively recent (likely within the last 5-15 years). However, the home still relies on wall-mounted air conditioning and wall heaters, indicating an outdated and less efficient HVAC system. While well-maintained and cosmetically refreshed, the age of the property and its major systems prevent it from achieving a 'Good' rating, placing it in the 'Fair' category where major components are functional but show signs of being outdated.
Year Built
1959
Close
-
List price
$460K
Original List price
-
Price/Sqft
$479
HOA
$0
Days on market
-
Sold On
-
MLS number
226003481
Home ConditionFair
Features
Deck
Patio
View-
About this home
Welcome to this peaceful single-story home located on a spacious quarter-acre lot in Orangevale. Featuring 3 bedrooms and 1 bathroom, this property offers a functional layout with an attached garage and potential RV access. The expansive yard provides ample space for outdoor entertaining, gardening, or future customization. Enjoy the tranquility of a great neighborhood while still being conveniently located near shopping, dining, and commuter routes. A wonderful opportunity for homeowners or investors alike.
R
Ryan Moyer
Listing Agent
Price History
Date
Event
Price
09/02/21
Sold
$420,000
07/02/14
Sold
$165,000
Condition Rating
Fair
The property, built in 1959, features updated kitchen and bathroom areas with modern-looking cabinets, granite countertops, and stainless steel appliances (excluding the refrigerator), along with updated flooring throughout. These cosmetic updates appear to be relatively recent (likely within the last 5-15 years). However, the home still relies on wall-mounted air conditioning and wall heaters, indicating an outdated and less efficient HVAC system. While well-maintained and cosmetically refreshed, the age of the property and its major systems prevent it from achieving a 'Good' rating, placing it in the 'Fair' category where major components are functional but show signs of being outdated.
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 = 10890, living area = 960.
Expansive Lot Size: The property boasts a spacious quarter-acre lot (10,890 sqft), providing ample outdoor space for gardening, entertaining, or future expansion.
RV Access Potential: The mention of potential RV access is a significant advantage, catering to buyers with recreational vehicles or those seeking extra parking flexibility.
Desirable Location: Situated in a 'great neighborhood' with convenient access to shopping, dining, and major commuter routes, enhancing its appeal and long-term value.
Single-Story Layout: The single-story design offers broad appeal, providing ease of access and a functional layout suitable for various demographics, including seniors and families.
No Homeowners Association (HOA): The absence of HOA fees means no additional monthly costs or restrictive community rules, offering greater financial freedom and autonomy to the homeowner.
Cons
Limited Bathroom Count: With only one bathroom for three bedrooms, this could be a significant inconvenience for families or multiple occupants, potentially impacting daily functionality.
Age of Property: Built in 1959, the home is over 60 years old, which may suggest outdated systems, finishes, and the potential need for significant renovations or maintenance to meet modern standards.
Compact Interior Space: At 960 square feet, the interior living area is relatively small for a 3-bedroom home, which might feel cramped for some buyers and limit options for larger furniture or gatherings.