
Sacramento, CA 95823
This Mid-Century Ranch represents a High-Potential Investment Opportunity, listed at $350,000—positioned well below the $353,241 Fair Market Value by 0.9%. With $3,241 in Instant Equity, this property features a Condition Rating of 4, bolstered by recent major system upgrades including a 2023 roof and 2024 plumbing. The 8,276 sq ft lot offers significant upside for ADU development or expansion. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a solid foundation for cosmetic value-add projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4501 Forest Pkwy Subject 3 bd · 1 ba · 1,024 sqft · $345 | $350,000* List Price | 3 | 1 | 1,024 | $345 | - |
A 7566 Circle Parkway Sold 3 bd · 2 ba · 1,400 sqft · $307 · 0.6 mi | $430,000 | 3 | 2 | 1,400 | $307 | 0.6 mi |
B 5005 I Pkwy Sold 3 bd · 2 ba · 1,253 sqft · $331 · 0.4 mi | $415,000 | 3 | 2 | 1,253 | $331 | 0.4 mi |
C 4534 Cedarwood Way Sold 3 bd · 2 ba · 1,112 sqft · $382 · 0.3 mi | $425,000 | 3 | 2 | 1,112 | $382 | 0.3 mi |
D 3970 Shining Star Drive Sold 3 bd · 2 ba · 1,169 sqft · $355 · 0.5 mi | $415,000 | 3 | 2 | 1,169 | $355 | 0.5 mi |
E 9 Thatcher Circle Sold 2 bd · 1 ba · 900 sqft · $367 · 1.0 mi | $330,000 | 2 | 1 | 900 | $367 | 1.0 mi |
F 7033 3rd Pkwy Sold 3 bd · 2 ba · 1,193 sqft · $327 · 0.8 mi | $390,000 | 3 | 2 | 1,193 | $327 | 0.8 mi |
G 7333 Circle Parkway Pending 3 bd · 1 ba · 1,120 sqft · $338 · 0.5 mi | $379,000 List Price | 3 | 1 | 1,120 | $338 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, the property features brand-new critical systems including a roof (2023), electrical panel (2023), plumbing (2024), and HVAC (2024). While the kitchen is significantly dated with original cabinetry and the interior requires cosmetic updates (carpet removal, painting), the recent 'big-ticket' system replacements and refreshed bathroom prevent a 'poor' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1024.
The property features significant recent capital improvements including a new roof (2023), new electrical panel (2023), new plumbing (2024), and a new furnace (2024), providing peace of mind regarding high-cost infrastructure.
Situated on a generous 8,276 sq ft flat lot, the property offers substantial space for outdoor entertaining, gardening, or the potential construction of an Accessory Dwelling Unit (ADU).
The 3-bedroom layout is served by only one bathroom, which may be a significant drawback for modern families and can limit the property's competitive edge against 3/2 configurations.
The property is sold in as-is condition, requiring the buyer to assume responsibility for all remaining cosmetic renovations and any potential deferred maintenance not addressed by the recent system updates.
Big-ticket items are DONE! Sold as-is, this charming mid-century ranch-style 3BR/1BA home offers over 1,000 sq ft of single-level living on an 8,200 sq ft lot, with the major updates already completed: New roof (2023) New main electrical panel and roof risers (2023) New plumbing under the house (2024) New double-sided wall furnace (2024) Refreshed bathroom (2024) with a refinished tub, new toilet, and updated flooring Enjoy a distinctive stone-accent exterior, a spacious eat-in kitchen with wood cabinetry and a breakfast bar, and a cozy living room with a brick fireplace and a large picture window overlooking the backyard. Hardwood floors are under the carpet, ready to be revealed and refinished. The home also has a 2-car attached garage with a built-in workbench plus a large built-in shelving unit for storage. The large, flat backyard features a concrete patio, mature trees, and endless potential for entertaining, gardening, or future plans. Bring your design ideas and turn this solid, updated-systems ranch into your dream home!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-6 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,024 | 1,541.53 |
| Lot Size | 8,276 | 6,320.667 |
| Price | $350.0K | $503.2K |
| Price per sq ft | $342 | $331 |
| Built year | 1956 | 1975 |
| HOA | $0 | $130 |
| Days on market | 24 | 47 |
Sep 30, 2026
$350,000
Initial Listing