7440 38th Avenue, Sacramento, CA 95824, Sacramento, 95824 - 3 bed, 1 bath
ACTIVE$529,980
7440 38th Avenue, Sacramento, CA 95824
3Beds
1Bath
1,200Sqft
42,817Lot
Year Built
1989
Close
-
List price
$530K
Original List price
-
Price/Sqft
$442
HOA
$0
Days on market
-
Sold On
-
MLS number
ML82013862
Home ConditionGood
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $530.0K(98th), sqft - 1200(63th), beds - 3(50th), baths - 1(50th).
Quiet Court, there are a lot of owner-occupied properties neighborhood in the court. Great retired owner-occupied / rental / investment / lot-split opportunity. Lots of new houses built in the neighborhood. Complete interior, HVAC, Roof has done about 7 years ago. Fresh paint, new wood floor, and tile floor in the bathroom.
Price History
Date
Event
Price
07/08/25
Price Change
$529,980
03/21/18
Sold
$250,000
10/22/04
Sold
$170,000
08/02/99
Sold
$56,000
Condition Rating
Good
The property, built in 1989, benefits from significant updates approximately 7 years ago, including the interior, HVAC system, and roof, aligning with the 'Good' category's renovation timeframe (5-15 years). The kitchen features updated cabinets, granite-look countertops, a modern sink/faucet, and tile flooring, though the gas range appears older. The bathroom also shows updated vanity, countertop, and clean fixtures. The overall condition is move-in ready with minimal wear and tear, and major systems are within their expected lifespan, despite the property's age and some basic fixtures.
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 = 42817, living area = 1200.
Recent Major Updates: The interior, HVAC system, and roof were comprehensively updated approximately 7 years ago, significantly reducing immediate capital expenditures for a new owner.
Move-in Ready Aesthetics: Featuring fresh paint, new wood flooring, and updated tile in the bathroom, the property presents a clean and appealing move-in ready condition.
Diverse Investment Potential: The property offers versatile opportunities for retired owner-occupancy, rental income, general investment, and potential for a future lot-split due to its generous size.
Stable & Developing Neighborhood: Located in a quiet court with a high concentration of owner-occupied homes, the neighborhood is stable and experiencing growth with new houses being built, suggesting potential for appreciation.
Expansive Lot Size: The exceptionally large lot (42,817 sqft) provides ample outdoor space, privacy, and significant potential for expansion or the mentioned lot-split development.
Cons
Limited Bathroom Count: With only one bathroom for three bedrooms, the property may present functional challenges for families or multiple occupants, potentially impacting daily convenience and market appeal.
Property Age: Built in 1989, the property is 35 years old. While major systems have been updated, other original components like plumbing or electrical wiring may be nearing the end of their typical lifespan.
High Lot Maintenance: The substantial lot size, while offering potential, also implies a considerable ongoing commitment to landscaping and general outdoor maintenance, which could be a deterrent for some buyers.