2641 Norwood Avenue, Sacramento, CA 95815, Sacramento, 95815 - 3 bed, 1 bath
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2641 Norwood Avenue
Sacramento, CA 95815
ACTIVE
CONDITION: EXCELLENT
3Beds
1Baths
865Sq Ft
9,583Lot Size
Property Price
LIST PRICE$385,000
EST. MARKET VALUE
$346,135
11% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at $385,000, positioned above the $346,135 Fair Market Value. While priced at a premium, the property features a Condition Rating of 2, showcasing recent modern interior renovations including a refreshed kitchen and remodeled bathroom. The expansive 0.22-acre lot provides significant ADU potential and RV access, offering long-term value-add possibilities. Despite the compact 865 sqft living area, the property serves as a versatile asset for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home with future expansion capabilities.
Estimated Market Value
$346,135
Based on Realkey algorithm analyzing recent comparable sales in Sacramento.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2641 Norwood Avenue Subject | $385,000* List Price | 3 | 1 | 865 | $400 | - |
A 2243 Fernley Avenue Sold | $359,900 | 2 | 1 | 878 | $410 | 0.6 mi |
B 539 El Camino Avenue Sold | $325,000 | 2 | 1 | 914 | $356 | 0.3 mi |
C 277 Santiago Avenue Pending | $299,000 List Price | 2 | 1 | 913 | $327 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1939, the property has undergone a comprehensive recent renovation (likely <5 years) including a refreshed kitchen with quartz countertops and stainless appliances, a fully remodeled bathroom with modern fixtures, new durable flooring, and updated recessed lighting throughout.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 865.
- Modern Interior Renovations
The home features a fully refreshed kitchen with quartz-style countertops and stainless steel appliances, alongside a remodeled bathroom with contemporary matte black fixtures, offering a move-in-ready experience.
- Expansive Lot & ADU Potential
Situated on a generous 0.22-acre lot, the property provides ample space for RV access and the potential to add an Accessory Dwelling Unit (ADU) or workshop, significantly increasing future investment value.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 865 square feet of living space distributed across three bedrooms, the interior layout may feel restrictive for buyers seeking larger communal or private areas.
- Single Bathroom Limitation
The three-bedroom configuration is serviced by only one bathroom, which can be a significant inconvenience for families and may impact the property's competitive edge in the current market.
About 2641 Norwood Avenue
Welcome to this updated 3 bedroom, 1 bath home in North Sacramento, on a spacious 0.22-acre lot. Inside the bright, open layout features durable flooring, recessed lighting, and a refreshed kitchen with abundant cabinetry, quartz style countertops, stainless steel appliances, and a convenient island. The remodeled bathroom includes contemporary tilework, a shower-over-tub, modern vanity, and matte black fixtures. All 3 bedrooms offer natural light, while the living and dining areas provide flexibility for everyday living and entertaining. Outside, the expansive fenced lot offers excellent possibilities, including potential RV access and room to explore an ADU, detached garage, workshop, garden, or additional outdoor living space. Mature trees provide shade, and the long driveway offers generous off-street parking. A great opportunity for homeowners, investors, or anyone seeking extra land and future potential in North Sacramento.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1939
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 865 | 1,540.857 |
| Lot Size | 9,583 | 6,330.116 |
| Price | $385.0K | $508.1K |
| Price per sq ft | $445 | $333 |
| Built year | 1939 | 1975 |
| HOA | $0 | $128 |
| Days on market | 23 | 45 |
Pricing History
Listed for Sale
Aug 17, 2026
$385,000
Initial Listing
Sold
Jun 1, 2023
$375,000
Public Record
Sold
Feb 1, 2022
$240,000
Public Record
Sold
Feb 11, 2021
$173,000
Public Record