Great investment opportunity awaits at 551 Walnut St! Zoned Residential Medium Density, this property offers the potential for up to 6 units/homes, making it an excellent prospect for investors. Here you'll discover a park-like backyard spanning a generous half-acre parcel, providing a calm retreat in the heart of West Sacramento. Located just minutes away from Downtown Sacramento and Sutter Park, the future home of the MLB A's team for the next 3-4 years. With its prime location and ample space for development presents a rare opportunity to create a thriving residential community or capitalize on the demands of the rental market. Don't miss out on this chance to be a part of West Sacramento's growth. As you envision and enhance the land's potential, take advantage of the existing 2-bedroom, 1-bathroom dwelling as your temporary abode a convenient living arrangement amidst your transformative endeavors. Call and Set up an appointment now before it's gone!
Closed
$390,000
551 Walnut St, West Sacramento, CA 95691
2beds
764sqft
Single Family Residence
Built in 1954
0.5 Acres Lot
$402,400 Zestimate®
$510/sqft
$1,973 Estimated rent
Home value
$402,400
$374,000 - $427,000
$1,973/mo
Zestimate® history
Owner options
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$1,973/mo
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$1,973/mo
Rent Zestimate®
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$2,441/mo
Est. payment
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$2,441/mo
Est. payment
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List your homeWhat's special
Park - like backyard
Zillow last checked:
Listing updated:
Listed by:
Theresa Deardorff DRE #02003924 916-607-2346,
RE/MAX Gold Woodland
Bought with:
Samantha Landolt, DRE #01773735
Windermere Signature Properties Fair Oaks
Source: MetroList Services of CA,MLS#: 224042857Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Dining/Living Combo
Kitchen
- Features: Laminate Counters
Heating
- Wall Furnace
Cooling
- Wall Unit(s)
Appliances
- Included: Free-Standing Refrigerator, Free-Standing Electric Range
- Laundry: In Garage
Features
- Flooring: Linoleum, Wood
- Has fireplace: No
Interior area
- Total interior livable area: 764 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Driveway
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Fencing: Chain Link,Full
Lot
- Size: 0.5 Acres
- Features: Shape Regular, Other
Details
- Parcel number: 008113003000
- Zoning description: Medium Density
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Location
- Region: West Sacramento
Financial & listing details
- Price per square foot: $510/sqft
- Tax assessed value: $397,800
- Annual tax amount: $4,997
- Date on market: 7/3/2025
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2024 | Sold | $390,000+13%$510/sqft |
Source: MetroList Services of CA #224042857 Report a problem | ||
| 5/7/2024 | Pending sale | $345,000$452/sqft |
Source: MetroList Services of CA #224042857 Report a problem | ||
| 4/26/2024 | Listed for sale | $345,000+422.7%$452/sqft |
Source: MetroList Services of CA #224042857 Report a problem | ||
| 12/27/1996 | Sold | $66,000$86/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,997 +43.6% | $397,800 +52.2% |
| 2024 | $3,479 -5.5% | $261,445 +2% |
| 2023 | $3,680 +136.5% | $256,320 +154.7% |
| 2022 | $1,556 +6.6% | $100,627 +2% |
| 2021 | $1,459 +4.3% | $98,655 +1% |
| 2020 | $1,399 +3.4% | $97,645 +4% |
| 2018 | $1,352 +1.4% | $93,856 +2% |
| 2017 | $1,334 +1.5% | $92,016 +2% |
| 2016 | $1,315 | $90,213 +1.5% |
| 2015 | $1,315 +19.2% | $88,859 +2% |
| 2014 | $1,104 +0.2% | $87,120 +0.5% |
| 2013 | $1,102 | $86,727 +2% |
| 2012 | -- | $85,027 +2% |
| 2011 | -- | $83,361 +0.8% |
| 2010 | -- | $82,739 -0.2% |
| 2009 | -- | $82,936 +2% |
| 2008 | -- | $81,311 +2% |
| 2007 | -- | $79,718 +2% |
| 2006 | -- | $78,156 +2% |
| 2005 | -- | $76,625 +2% |
| 2004 | -- | $75,124 +1.9% |
| 2003 | -- | $73,748 +2% |
| 2002 | -- | $72,303 +2% |
| 2001 | -- | $70,886 |
Find assessor info on the county website
Neighborhood: Michigan-Glide-Sutter
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Nearby schools
GreatSchools rating
- 3/10Westfield Village Elementary SchoolGrades: K-8Distance: 0.2 mi
- 7/10River City High SchoolGrades: 9-12Distance: 2.7 mi
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Estimated market value
$402,400
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
$402,400
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