923 Fulton Ave 425, Sacramento, CA 95825, Sacramento, 95825 - 1 bed, 1 bath
ACTIVE$189,500
923 Fulton Ave 425, Sacramento, CA 95825
1Bed
1Bath
484Sqft
1,789Lot
Year Built
1976
Close
-
List price
$190K
Original List price
-
Price/Sqft
$392
HOA
$300
Days on market
-
Sold On
-
MLS number
41080653
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $189.5K(29th), sqft - 484(5th), beds - 1(32th), baths - 1(43th).
Nearby schools
3/10
Greer Elementary School
Public,•K-5•0.7mi
7/10
Harry Dewey Fundamental Elementary School
Public,•K-6•7.4mi
2/10
Encina Preparatory High School
Public,•6-12•0.8mi
Price History
Date
Event
Price
12/13/24
Price Change
$189,500
05/23/19
Sold
$107,000
08/15/17
Sold
$79,500
12/18/02
Sold
$220,000
09/12/02
Sold
$3,800,000
Condition Rating
Fair
Built in 1976, this property is aged. While some updates like the wood-look flooring are present, the kitchen features very dated dark wood cabinets, laminate countertops, and older white appliances (except for the stainless steel refrigerator). The overall style of the kitchen suggests it has not undergone a major renovation in the last 30 years. Although no clear images of the bathroom are provided, it is likely to be similarly outdated. The property is functional and appears maintained, but requires significant aesthetic updates, particularly in the kitchen and likely the bathroom, to meet current standards.
Pros & Cons
Pros
Affordable Entry Point: The list price of $189,500 offers an accessible and competitive entry into the Sacramento real estate market, appealing to first-time buyers or investors.
Low Maintenance Lifestyle: As a condominium, the property typically offers reduced exterior maintenance responsibilities for the owner, with common area upkeep covered by the HOA.
Urban Accessibility: Located in Sacramento, the property provides convenient access to city amenities, employment centers, and transportation options.
Recent Market Entry: Being recently listed on December 13, 2024, the property is fresh on the market, potentially attracting immediate buyer interest and offering good visibility.
Investment Potential: The property's price point and condominium type make it an attractive option for investors seeking rental income or potential appreciation in the Sacramento market.
Cons
Limited Living Space: With only 484 sqft, 1 bedroom, and 1 bathroom, the property offers very compact living, which may limit its appeal to a smaller demographic or those needing more space.
Aging Infrastructure: Built in 1976, the property's age suggests that interior finishes, systems, or common areas may require updates or maintenance, potentially leading to future expenses or special assessments.
High HOA Fees Relative to Size: A monthly association fee of $300 for a 484 sqft unit is relatively high, representing a significant ongoing cost that could impact the overall affordability for potential buyers.