Welcome to 509 Redwood Ave, a prime opportunity for investors, flippers, or buyers looking to build equity through renovation. This 2-bedroom, 1-bathroom home sits on a generous lot in a central Sacramento location, offering tons of potential to customize, modernize, and maximize value. With solid bones and a functional layout, the property provides a great foundation for your next project. The spacious backyard allows room for expansion, an ADU, or a complete outdoor transformation. Whether you're looking to flip, rent, or create your dream home from the ground up, this property is a blank canvas ready for your vision. Conveniently located near freeways, shopping, schools, and just minutes from downtown Sacramento, 509 Redwood Ave is an opportunity you won't want to miss. Bring your tools and imaginationthis one is priced to sell and full of possibility!
Closed
$235,000
509 Redwood Ave, Sacramento, CA 95815
3beds
1,296sqft
Single Family Residence
Built in 1934
7,405 Square Feet Lot
$341,200 Zestimate®
$181/sqft
$2,269 Estimated rent
Home value
$341,200
$293,000 - $386,000
$2,269/mo
Zestimate® history
Owner options
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$2,269/mo
Rent Zestimate®
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$2,269/mo
Rent Zestimate®
Refinance and save
$1,556/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,556/mo
Est. payment
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List your homeWhat's special
Room for expansionSpacious backyardGenerous lot
Zillow last checked:
Listing updated:
Listed by:
Jasmine Sunkara DRE #01855557 916-501-3392,
eXp Realty of California Inc.
Bought with:
Jasmine Sunkara, DRE #01855557
eXp Realty of California Inc.
Source: MetroList Services of CA,MLS#: 225051442Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Other
Kitchen
- Features: Natural Woodwork
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Other
Features
- Flooring: Carpet
- Number of fireplaces: 1
- Fireplace features: Other
Interior area
- Total interior livable area: 1,296 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Features
- Stories: 2
Lot
- Size: 7,405 Square Feet
- Features: Shape Regular
Details
- Parcel number: 27500330360000
- Zoning description: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1934
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Location
- Region: Sacramento
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $48,941
- Annual tax amount: $2,931
- Price range: $235K - $235K
- Date on market: 7/5/2025
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2025 | Sold | $235,000-5.6%$181/sqft |
Source: MetroList Services of CA #225051442 Report a problem | ||
| 4/28/2025 | Pending sale | $249,000$192/sqft |
Source: MetroList Services of CA #225051442 Report a problem | ||
| 4/24/2025 | Listed for sale | $249,000$192/sqft |
Source: MetroList Services of CA #225051442 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,931 +300.1% | $48,941 +2% |
| 2024 | $733 +0.5% | $47,982 +2% |
| 2023 | $729 +5% | $47,042 +2% |
| 2022 | $694 +1.2% | $46,121 +2% |
| 2021 | $686 +1.5% | $45,217 +1% |
| 2020 | $676 +1.5% | $44,754 +2% |
| 2019 | $666 -5.4% | $43,877 +2% |
| 2018 | $704 -2.9% | $43,018 +2% |
| 2017 | $725 +4.9% | $42,175 +2% |
| 2016 | $691 +3.6% | $41,349 +1.5% |
| 2015 | $667 | $40,729 +2% |
| 2014 | $667 | $39,944 +0.5% |
| 2013 | -- | $39,765 +2% |
| 2012 | -- | $38,986 +2% |
| 2011 | -- | $38,222 +0.8% |
| 2010 | -- | $37,937 +1.8% |
| 2008 | -- | $37,283 +2% |
| 2007 | -- | $36,553 +2% |
| 2006 | -- | $35,837 +2% |
| 2005 | -- | $35,135 +2% |
| 2004 | -- | $34,447 +1.9% |
| 2003 | -- | $33,816 +2% |
| 2002 | -- | $33,154 +2% |
| 2001 | -- | $32,505 +2% |
| 2000 | -- | $31,869 |
Find assessor info on the county website
Neighborhood: Old North Sacramento
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Nearby schools
GreatSchools rating
- 4/10Woodlake Elementary SchoolGrades: K-6Distance: 0.6 mi
- 2/10Rio Tierra Junior High SchoolGrades: 7-8Distance: 1.7 mi
- 4/10Grant Union High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$341,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$341,200
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