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3509 38th St

Sacramento, CA 95817

3 bd 3 ba 1,224 sqft Built 1910 Lot 5,227 sqft multi_family
Most recent sale
$227,500
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 5, 2024 Sold $570,000 MetroList
Oct 10, 2024 Listed $559,900 MetroList
Jun 12, 2023 Sold $248,500 MetroList
May 13, 2023 Listed $250,000 MetroList
Aug 25, 2022 Sold $227,500 MLS #222092623
Jul 12, 2022 Listed $235,000 MLS #222092623
Jul 2, 2008 Sold $52,500 Public Record
Jun 9, 2006 Sold $250,000 Public Record
May 17, 2004 Sold $95,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $425,000 $145,000 $570,000 $6,768
2024 $425,000 $145,000 $570,000 $3,136
2023 $107,500 $120,000 $227,500 $2,821
2022 $33,364 $30,328 $63,692 $939
2021 $32,710 $29,734 $62,444 $899
2020 $32,375 $29,430 $61,805 $902
2019 $31,741 $28,853 $60,594 $884
2018 $31,119 $28,288 $59,407 $1,016
2017 $30,509 $27,734 $58,243 $1,678
2016 $29,911 $27,191 $57,102 $2,608
2015 $29,462 $26,783 $56,245 $2,586
2014 $28,885 $26,259 $55,144 $2,685
2013 $28,755 $26,141 $54,896 $2,481
2012 $25,283 $22,984 $48,267 $2,243
2011 $26,336 $23,942 $50,278 $2,180
2010 $27,434 $24,940 $52,374 $2,131
2009 $24,475 $22,250 $46,725 $1,044
2008 $153,875 $72,411 $226,286 $2,623
2007 $168,198 $79,152 $247,350 $5,068

Property facts

Year built
1910
Property type
multi_family
Stories
Beds
3
Baths
3
Living area
1,224 sqft
Lot size
5,227 sqft
ZIP code
95817
City
Sacramento
Street
38th St
Coordinates
38.54251, -121.46608

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,365
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3509 38th St last sell?
3509 38th St most recently sold on Aug 25, 2022 for $227,500.
What is the current tax assessment for 3509 38th St?
The most recent total assessment for 3509 38th St (year 2025) is $570,000 with $6,768 in property tax.
How does 3509 38th St's assessment compare to its last sale price?
The current assessment is 150.5% above the last sale price of $227,500.
When was 3509 38th St built?
3509 38th St was built in 1910.
How does 3509 38th St compare to others on 38th St?
We track 8 other properties on 38th St. Browse the list under "Other properties on 38th St" to compare beds, baths, and sale history.
What are the property facts for 3509 38th St?
3509 38th St is a 3 bed, 3 bath, 1,224 sqft, 5,227 sqft lot multi_family.
Is 3509 38th St a flip candidate?
Yes — 3509 38th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3509 38th St a tax-appeal candidate?
No — 3509 38th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+14.1%
2026 Q3
$770.8K
2026 Q4
$792.9K
ZIP 95817 — Median Price History + Forecast

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