3521 Town Court # 3
Auburn, CA, 95602
$
215,000
Bedrooms2
Baths1.0
Sq
922
Monthly Estimate*
$
1,358
for $215,000 with 2 bedrooms and 1 full bath. This 922 square foot condo was built in 1971.
$215,000 CURRENT RENT $1,850/MO. 10.3% GROSS RENTAL YIELD APPROVED FOR FINANCING FOR ELIGIBLE BUYERS. Established rental income in Auburn! Priced at $215,000 with a tenant paying $1,850/month and a seven-year established tenant history, this condo generates approximately $22,200 in annual rental income and offers a 10.3% gross rental yield based on the asking price. An appealing opportunity for investors, first-time buyers, or anyone seeking affordable Auburn living with rental income. IMPORTANT COMMUNITY DISTINCTION: Auburn Greens consists of two separately operated HOAs. This property is located in Auburn Greens HOA #1, with current dues of approximately $297/month. Most Auburn Greens properties currently offered for sale are in separate HOA #2. The associations may differ in dues, financials, assessment history, and governing documents. Buyers are encouraged to compare HOA information specific to each property. INVESTMENT SNAPSHOT: Current rent $1,850/month Gross annual rent $22,200 HOA dues $297/month Current property taxes approx. $1,032/year Estimated taxes at purchase approx. $2,500/year* Insurance approx. $1,200/year Estimated cap rate approx. 7%, based on estimated taxes at purchase and before vacancy, maintenance, and repairs. HOA is responsible for walls out maintenance. PROPERTY HIGHLIGHTS: Updated in 2017 with new windows, modern flooring, fresh paint, updated cabinetry and countertops, new interior doors and appliances, plus refreshed electrical and plumbing fixtures. Enjoy two assigned parking spaces-one covered/enclosed with a garage door and one uncovered-plus three private storage closets. PRIME LOCATION: Minutes from Target, Home Depot, restaurants, the hospital, and public transit, and approximately 10 minutes from historic Downtown Auburn. Nearby Auburn Regional Park offers disc golf, pickleball, ball fields, basketball courts, BBQ areas, and playgrounds. Auburn Greens offers accessible housing, consistent rental demand, and an appealing low-maintenance option for investors and owner-occupants alike. Ready to explore the opportunity? Schedule your viewing today and see how this established Auburn property may fit your goals! *Property taxes are subject to reassessment upon change of ownership. Rental and financial information provided by seller. Buyer to independently verify rental income, lease, expenses, HOA information, taxes, insurance, financing eligibility, projections, and all other property information.
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Features
General
Sewer
Public Sewer
Heating
Central
Natural Gas
Cooling
Ceiling Fan(s)
Central
Utilities
Public
Electric
Sewer In & Connected
Internet Available
Natural Gas Connected
Roof
Composition
Appliances
Free Standing Gas Range
Free Standing Refrigerator
Hood Over Range
Dishwasher
Disposal
Microwave
HOA Fee
297
Garage Spaces
1.0
Association Fee Includes
MaintenanceExterior
MaintenanceGrounds
Trash
Pool
Patio/Porch Features
Front Porch
Architectural Style
Traditional
Pool Features
Built-In
Common Facility
Fenced
Gunite Construction
Construction Materials
Stucco
Frame
Wood
Year Built
1971
Electric
Other
Stories Count
2
Topography
Level
Levels
Two
Unit Number
3
Property Subtype
Condominium
Elevation
0
Assoc Fee Paid Per
Monthly
County
Placer
Property Type
Residential
Association Amenities
Pool
Laundry Free
HOA
Y
Energy Efficient
Thermostat
Total Rooms
0
Full Baths
1
Close Price
0.0
Status
Active
Directions
Take HWY 49 North past Bell Road to Left on Quartz
Left on Town Ct to address on right. Unit 3 is on right side of building.
City
Auburn
Senior Community Y/N
N
High School District
Placer Union High
Zoning Description
RM-B-8-DC
Open Parking Spaces
1.0
MLS Area
12301
Lot Size Square Feet
0.0
Carport Spaces
0.0
Home Warranty Y/N
N
Property Condition
Updated/Remodeled
Standard Status
Active
Middle/Junior School District
Auburn Union
Elementary School District
Auburn Union
Year Built Source
Assessor Auto-Fill
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Interior
Flooring
Carpet
Simulated Wood
Laminate
Wood
Total Fireplaces
0
Window Features
Dual Pane Full
Window Coverings
Laundry Features
Hookups Only
See Remarks
Total Bedrooms
2
Entry Level
0
Kitchen Features
Pantry Closet
Stone Counter
Kitchen/Family Combo
Laminate Counter
Total Baths
1
1/2 Baths
0
Bedrooms Possible
0
Living Room Features
Other
Dining Room Features
Space in Kitchen
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Exterior
Parking Features
Attached
Garage Door Opener
Garage Facing Rear
Lot Features
Street Lights
Landscape Front
Water Source
Public
See Remarks
Total Parking
0.0
Foundation Details
Slab
Spa
N
Lot Size Acres
0.0
Road Surface Type
Paved
Private Pool
Y
Lot Size Source
Assessor Agent-Fill
Road Responsibility
Public Maintained Road
Horse Y/N
N
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* Excluded Features
List By
Exp Realty Of California Inc
Broker
tammy@tammygarza.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $1,358
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Condo listings in Auburn, CA
Average List Price
$267,290
Percent of Sale Price
24%
About Auburn, CA
13,491
Population
3%
Since 2002
$
54,708
Median Income
46.03
Median Age
19%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193852
Elementary School
3193729
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
9/3/2026
|
$215,000
|
|
Listed Price
|