
Sacramento, CA 95825
This Timberlake condominium presents a High-Potential Investment Opportunity, listed at $250,000—positioned well above the $213,785 Fair Market Value by -16%. Featuring a Fair Condition Rating, the unit offers a functional 1,010 sqft layout with two private balconies and community pool access. While the high HOA fees and lower-rated local schools require careful consideration, the proximity to Sac State ensures consistent rental demand. This asset is best suited for Buy-and-Hold Investors or first-time buyers seeking a value-add project near major commuter corridors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 937 Fulton Avenue 502 Subject | $250,000* List Price | 2 | 1 | 1,010 | $212 | - |
A 2452 Larkspur Lane 324 Sold | $202,000 | 1 | 1 | 760 | $266 | 0.2 mi |
B 2448 Larkspur Lane 318 Sold | $183,000 | 1 | 1 | 760 | $241 | 0.2 mi |
C 937 Fulton Avenue 502 Active | $265,000 List Price | 2 | 1 | 1,010 | $262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the property is nearly 50 years old and shows significant dating. The kitchen features older oak-style cabinetry, tile countertops, and white appliances that appear to be over 20 years old. While the unit is functional and move-in ready with newer flooring, the primary systems and aesthetics require modernization to meet current standards.
Ideally situated near CSU Sacramento and Arden Fair Mall, this property offers excellent convenience for students, faculty, and shoppers with quick access to major freeways for commuting.
The gated Timberlake community provides a resort-like lifestyle featuring two pools, tennis and pickleball courts, a clubhouse, and BBQ areas, enhancing the overall resident experience.
The spacious 1,010 sqft floor plan includes an open-concept living area with a fireplace and two private balconies, providing ample space for both relaxation and entertaining.
The monthly HOA fee of $625 is significantly high relative to the listing price, which may impact buyer affordability and overall monthly carrying costs.
The assigned high school and nearby elementary school have low academic ratings (2/10 and 3/10), which could be a drawback for families and potentially affect future resale value.
TIMBERLAKE CONDOMINIUMS, UNIT 502 Spacious 2-bedroom,1-bath floor plan with fireplace. Open-concept living & dining area, 2 Private balconies for relaxing evenings. Community amenities include: two pools, BBQ areas, clubhouse,recroom, 2 pickleball/tennis courts & gated for safety. Close to Arden Fair Mall - premier shopping and dining within easy reach California State University, Sacramento (Sac State) - ideal for students, staff, or visiting families Quick freeway access to Hwy 50, I-80, and Business 80 for commuting or weekend getaways.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-6 • 7.4 mi
Grades 6-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 44% |
| Square foot | 1,010 | 1,064 | 44% |
| Lot Size | 1,686 | 1,912 | 30% |
| Price | $250.0K | $272.0K | 44% |
| Price per sq ft | $248 | $270 | 26% |
| Built year | 1976 | 1976 | 50% |
| HOA | $625 | $620 | 56% |
| Days on market | 18 | 206 | 4% |
May 26, 2026
$250,000
Initial Listing
Jun 15, 2022
$285,000
Public Record
Mar 15, 2022
$270,500
Public Record
Mar 1, 2016
$110,000
Public Record
Jan 25, 2000
$70,000
Public Record