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304 23rd St
Score
0
Sacramento, CA

304 23rd St

620K
2 bd • 2 ba • 775 sf

This analysis was generated on 2/11/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$620,000

Price/Sq.Ft

$800

Year Built

1917

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Desirable Location: The property is located in the Boulevard Park neighborhood, known for its tree-lined streets, historic homes, and proximity to Midtown amenities. • Detached Cottage: The cottage offers a separate living space that can be used as a guest suite, office, or potential Airbnb rental, adding versatility and income potential. Rental rates for a studio average $1480 per month. • Updated Kitchen and Bathroom: The property features an updated kitchen and renovated bathroom, providing modern conveniences while retaining its historic charm. • Outdoor Living Space: The private backyard with a spacious deck and spa offers a relaxing and inviting outdoor space for entertaining and enjoying the Sacramento climate. • Historic Charm: The 1917 home retains its original character, appealing to buyers who appreciate historic architecture and details.

The Bad

• Small Size: At 775 sq ft, the home is significantly smaller than the average Sacramento single-family home. According to recent data, the median size is closer to 1,500 sq ft. This may limit its appeal to families or those needing more space. • High Price per Square Foot: The price per square foot is $800, which is considerably higher than the Sacramento average of around $400-$500. This premium may be hard to justify, even with the desirable location and cottage. • Flood Risk: The property has a MAJOR (5/10) flood risk, potentially leading to high insurance costs. FEMA Zone X is considered minimal risk, but the climate assessment suggests otherwise, creating conflicting information to resolve. • School Ratings: The elementary school has a rating of 4/10, which may be a concern for families with young children. This could impact resale value. • Air Quality: The EXTREME (10/10) air quality risk, with 27 bad air days per year, is a serious concern. This could affect the health and lifestyle of residents.

The Ugly

• High Total Cost of Ownership: With a price of $620,000, estimated insurance of $2232/year, and property taxes likely around 1.1% of the purchase price (approximately $6,820/year), the annual cost of ownership is significant. Factoring in a mortgage at current interest rates would further increase costs. • Limited Living Space: The small square footage of 775 sq ft could feel cramped for some buyers, especially considering the price point. The layout and functionality of the space are critical. • Climate Risks: The MAJOR flood risk (5/10) and EXTREME air quality risk (10/10) are serious concerns that could impact insurance costs, property value, and quality of life. • Dependence on Window Units: While there is central air, the presence of window units suggests potential limitations or inefficiencies with the central system. This could lead to higher energy bills. • Potential for Foundation Issues: Homes built in 1917 may have underlying foundation issues that require costly repairs. A thorough inspection is crucial.

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Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers Seeking a Charming, Historic Home: The property blends original character with modern updates in a desirable neighborhood. • Individuals Desiring a Guest Suite or Rental Income: The detached cottage provides a separate living space with income potential. • City Dwellers Who Enjoy Outdoor Living: The private backyard with a spacious deck and spa is perfect for relaxing and entertaining. • Those Prioritizing Location and Walkability: The property is located near Midtown dining, shopping, parks, and amenities. • Buyers Looking for a Smaller Home: With 775 square feet, this property is an ideal option for singles, couples, or minimalist homeowners.

Not For

• Buyers Seeking a Large Home: With only 775 square feet, the property may be too small for families or those who prefer ample living space. • Individuals Requiring Ample Storage: While the property has a partial basement, the storage space may be limited for some buyers. • Those Sensitive to Air Quality: Sacramento has EXTREME (10/10) air quality risk, which may be a concern for individuals with respiratory issues. • Buyers With Limited Budgets: At $800 per square foot, the property's price point may be out of reach for some buyers. • Those Looking for a Turn-Key Property: While the home has been updated, some buyers may prefer a newer or fully renovated property.
Demographics
Area Median Income

$77,839

Property History

Price History
Ownership Timeline
$0Financed
Oct 11, 2024
Rebecca A Kuczyski, Douglas KuczayskiDouglas Kuczayski, Rebecca A Kuczayski
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Jul 17, 2024
Rebecca Anne BoylesDouglas Kuczynski, Rebecca A Boyles
Intrafamily Transfer
Non-Arm's Length Transactions
$550,000Financed
Sep 8, 2020
Levi E BohonRebecca Anne Boyles
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Sep 8, 2020
Steve BoylesRebecca Anne Boyles
Intrafamily Transfer
Non-Arm's Length Transactions
$457,500Financed
Sep 5, 2018
Stephanie A SkewesLevi E Bohon
Grant Deed
Standard Sale (Purchase/Resales)
$391,000Cash Purchase
Aug 29, 2016
Greg R Skubal, Erin L SkubalStephanie A Skewes
Grant Deed
Standard Sale (Purchase/Resales)
$391,000Cash Purchase
Aug 29, 2016
Greg R Skubal, Erin L SkubalStephanie A Skewes
Grant Deed
Standard Sale (Purchase/Resales)
$391,000Financed
Aug 29, 2016
Greg R Skubal, Erin L SkubalStephanie A Skewes
Grant Deed
Standard Sale (Purchase/Resales)
$322,500Financed
Apr 12, 2007
Colleen A Kennedy, Karen A KennedyGreg R Skubal, Erin L Skubal
Grant Deed
Standard Sale (Purchase/Resales)

Property Taxes

$6,926
2024 Tax Assessment
2.4%from previous year
Assessed Value$583,663
Tax Rate1.19%

Sunlight Analysis

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Sunlight Analysis

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Risk Assessment

Climate Risks

airSEVERE

27 bad air quality days per year

heatMAJOR

6 extreme heat days per year

98th percentile: 102°F

floodMODERATE

FEMA Zone: Low to Moderate Risk Area

Insurance: Required

fireMINIMAL

Insurance: Recommended

windMINIMAL

Insurance: Optional

Risk Analysis

• Flood Risk: The property has a MAJOR (5/10) flood risk, which could lead to higher insurance premiums and potential damage to the property. • Air Quality: The property is located in an area with EXTREME (10/10) air quality risk, with 27 bad air days per year. This could impact the health and well-being of residents. • High Price Per Square Foot: The property is priced at $800 per square foot, which is higher than the Sacramento average. This could make it difficult to resell the property in the future. • Small Living Space: The property has only 775 square feet of living space, which may not be sufficient for some buyers. • Historic Home Considerations: Older homes may require more maintenance and repairs than newer homes. Buyers should be prepared for potential upkeep costs.
Insurance
Annual Cost

$2,232

$186 per month

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Schools

Showing top 5 of 12 schools

Caleb Greenwood Elementary School

PublicGrades K-6
8/10
Elementary
538 students

Sutter Middle School

PublicGrades 7-8
7/10
Middle
1,214 students

Theodore Judah Elementary School

PublicGrades K-6
7/10
Elementary
573 students

Rosemont High School

PublicGrades 9-12
6/10
High
1,311 students

William Land Elementary School

PublicGrades K-6
6/10
Elementary
425 students

Financials

Monthly Costs
Market Rent (2 bed)

$2,040

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$620,000
Price/sqft
$800
Layout
2 bd2 ba
Days on market
20 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$422,333

46.8%

Your price is 46.8% above average

Median Price

$515,000

20.4%

Based on 6 recent sales

Price per Sq.Ft

$547

46.3%

Your price is 46.3% above average $/sqft

Comparable Properties

1117 23rd Street, Sacramento, CA 95816
Price: $257,500
Sq.Ft: 819
Beds/Baths: 1/2
$/Sq.Ft:
$31460.7%
Sale Date: 10/8/2024
1117 23rd Street, Sacramento, CA 95816
Price: $257,500
Sq.Ft: 819
Beds/Baths: 1/2
$/Sq.Ft:
$31460.7%
Sale Date: 10/8/2024
1117 23rd Street, Sacramento, CA 95816
Price: $515,000
Sq.Ft: 819
Beds/Baths: N/A/N/A
$/Sq.Ft:
$62921.4%
Sale Date: 10/8/2024
1725 14th Street, Sacramento, CA 95811
Price: $629,000
Sq.Ft: 840
Beds/Baths: 1/1
$/Sq.Ft:
$7496.4%
Sale Date: 9/18/2024
3522 D Street, Sacramento, CA 95816
Price: $650,000
Sq.Ft: 891
Beds/Baths: 2/1
$/Sq.Ft:
$7308.8%
Sale Date: 9/6/2024
2508 B Street, Sacramento, CA 95816
Price: $225,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 9/13/2024

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