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Property Details
4 Beds / 2 Baths
1,927 Sq Ft Living Area
Lot Size: 8,712 Sq Ft
Built: 1955 | Single Family Home
Financials
Purchase Price: $485,000 (≈ $252/Sq Ft)
Renovation Estimate: $77,100
After Repair Value (ARV): $650,000 (≈ $337/Sq Ft)
EMD: $5,000 (Due 8/20/2025)
Closing Date: 8/30/2025
Escrow/Title: Seller pays hazard disclosure and title insurance policy; taxes and escrow fee split 50/50
No major issues reported
Self-representing, no agent fees
Why This Deal Works
Buy low on price-per-foot in a strong owner-occupant pocket; spread supported by nearby renovated sales
Scope is cosmetic-heavy; kitchens/baths/flooring/paint to comp-match neighborhood finish levels
Multiple exits: flip into retail buyer pool or hold for cash flow with strong 4/2 rental demand
Exit Strategies
Fix & Flip
Renovate to comp standard; target resale ≈ $650,000 based on nearby renovated 3–4 bed comps.
Buy & Hold
Area 4/2 rents commonly support mid-$3,000s/month depending on finish and yard utility.
Mid-Term/Furnished
Proximity to hospitals, American River College, and downtown employment centers bolsters demand.
Recent Comps (past 6 months)
3640 Woodcrest Rd — 3/2, 1,976 Sq Ft — Sold $590,000 on 06/16/2025 (≈ $299/Sq Ft) | Redfin Zillow
3300 Club Ln — 4/2.5, 2,039 Sq Ft — Sold $750,000 on 08/04/2025 (≈ $368/Sq Ft) | Redfin Realtor
4241 Rio Tinto Ave — 4/2.5, 2,159 Sq Ft — Sold $650,000 on 07/09/2025 (≈ $301/Sq Ft) | Redfin
Positioning vs Comps
Subject list price ≈ $252/Sq Ft, below several nearby closed sales after adjusting for bed/bath count and finish
ARV at ≈ $337/Sq Ft sits inside the comp band created by 3640 Woodcrest (≈ $299/Sq Ft) and 3300 Club Ln (≈ $368/Sq Ft), supporting the pro forma exit
Access & Terms
Access by appointment
First come at asking; highest and best considered thereafter
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