940 Rivera Drive, Sacramento, CA 95838, Sacramento, 95838 - 3 bed, 1 bath

940 Rivera Drive, Sacramento, CA 95838 home-pic-0
ACTIVE$291,000
940 Rivera Drive, Sacramento, CA 95838
3Beds
1Bath
992Sqft
7,501Lot

Price Vs. Estimate

The estimated value ($291,000) is $0 (0%) lower than the list price ($291,000). 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 = 7501, living area = 992.
Top Cons:
Limited Bathroom Count: With only one bathroom for three bedrooms, the property may present convenience challenges for families or multiple occupants.

Compared to the nearby listings

Price:$291.0K vs avg $360.0K ($-69,000)31%
Size:992 sqft vs avg 1,208 sqft26%
Price/sqft:$293 vs avg $31245%

More Insights

Built in 1960 (65 years old).
Condition: Built in 1960, this property has undergone a recent remodel, making it move-in ready. The kitchen features updated dark shaker-style cabinets, light countertops, and modern white appliances. The bathroom is also updated with a matching vanity and tiled tub/shower. New laminate flooring and fresh paint throughout contribute to a clean, contemporary feel. While the finishes are functional and appealing, they are not high-end luxury, aligning with a 'Good' condition score for a property extensively renovated within the last 5-15 years.
Year Built
1960
Close
-
List price
$291K
Original List price
-
Price/Sqft
$293
HOA
$0
Days on market
-
Sold On
-
MLS number
225058738
Home ConditionGood
Features
View-

About this home

Perfect opportunity to invest! 3 beds Remodeled. Priced to sell. Very big backyard with Shed .

Nearby schools

4/10
Hagginwood Elementary School
Public,K-60.7mi
3/10
Del Paso Heights Elementary School
Public,K-60.7mi
5/10
Michael J. Castori Elementary School
Public,K-61.1mi
1/10
Martin Luther King Jr. Technology Academy
Public,7-80.4mi
4/10
Grant Union High School
Public,9-120.9mi

Price History

Date
Event
Price
05/11/20
Sold
$275,000
06/11/19
Sold
$180,000
Condition Rating
Good

Built in 1960, this property has undergone a recent remodel, making it move-in ready. The kitchen features updated dark shaker-style cabinets, light countertops, and modern white appliances. The bathroom is also updated with a matching vanity and tiled tub/shower. New laminate flooring and fresh paint throughout contribute to a clean, contemporary feel. While the finishes are functional and appealing, they are not high-end luxury, aligning with a 'Good' condition score for a property extensively renovated within the last 5-15 years.
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 = 7501, living area = 992.
Recently Remodeled: The property has been explicitly stated as 'Remodeled,' indicating updated interior spaces that enhance its appeal and move-in readiness.
Strong Investment Potential: Marketed as a 'Perfect opportunity to invest!' and 'Priced to sell,' suggesting good value and potential for appreciation, supported by recent sales history.
Spacious Backyard with Storage: A 'Very big backyard with Shed' on a generous 7501 sqft lot offers excellent outdoor living space and practical storage solutions.
No Homeowners Association (HOA) Fees: The absence of HOA fees significantly reduces monthly ownership costs, making the property more financially attractive.
Functional 3-Bedroom Layout: The property offers 3 bedrooms, a desirable configuration for families or as a rental unit, providing versatility.

Cons

Limited Bathroom Count: With only one bathroom for three bedrooms, the property may present convenience challenges for families or multiple occupants.
Compact Interior Square Footage: At 992 sqft, the interior living space is relatively small for a 3-bedroom home, potentially limiting comfort or expansion options.
Proximity to Low-Rated School: The closest middle school (Martin Luther King Jr. Technology Academy) has a low rating (1), which could be a deterrent for families prioritizing school quality.

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