4625 Palm Avenue 2, Sacramento, CA 95842, Sacramento, 95842 - 2 bed, 1 bath
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4625 Palm Avenue 2
Sacramento, CA 95842
ACTIVE
CONDITION: GOOD
2Beds
1Baths
840Sq Ft
2,047Lot Size
Property Price
LIST PRICE$240,000
EST. MARKET VALUE
$192,466
24% AboveMARKET VALUE
SUMMARY
This Move-In Ready Condominium represents a Strong Value Opportunity, listed at $240,000—positioned above the $192,467 Fair Market Value by 24%. While the list price exceeds the current estimation, the property maintains a Good Condition Rating and features a functional 840 sq. ft. layout with a private patio. Located near multiple schools, including Madison and Foothill Ranch, this home offers a low-maintenance lifestyle with a manageable $270 HOA fee. This is an ideal acquisition for first-time buyers or budget-conscious investors seeking a stable, well-maintained entry-level asset.
Estimated Market Value
$192,466
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 |
|---|---|---|---|---|---|---|
★ 4625 Palm Avenue 2 Subject | $240,000* List Price | 2 | 1 | 840 | $229 | - |
A 4525 Palm Avenue 2 Sold | $179,000 | 2 | 1 | 840 | $213 | 0.2 mi |
B 4620 Greenholme Drive 3 Sold | $180,000 | 2 | 1 | 840 | $214 | 0.0 mi |
C 4601 Palm Avenue 2 Sold | $189,000 | 2 | 1 | 840 | $225 | 0.1 mi |
D 4521 Greenholme Drive 4 Sold | $230,000 | 2 | 1 | 924 | $249 | 0.2 mi |
E 4616 Greenholme Drive 4 Active | $189,000 List Price | 2 | 1 | 924 | $205 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the structure was built in 1970 (54 years old), the property is described as move-in ready and well-maintained. Significant sales price increases in 2017 and 2020 suggest a renovation occurred within the last 5-10 years, placing it in the 'Good' category for functional, updated living spaces despite the building's age.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Price Point
Priced at $240,000, this property represents a highly accessible entry-level opportunity within the Sacramento market, ideal for first-time buyers or budget-conscious investors.
- Move-In Ready Condition
The home is well-maintained and described as move-in ready, offering a functional floor plan that eliminates the immediate need for costly renovations or repairs.
- Low Maintenance Living
As a condominium with a manageable 840 sq. ft. footprint and a reasonable $270 monthly association fee, the property offers a low-maintenance lifestyle perfect for busy professionals.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 840 square feet and a single bathroom, the property may feel restrictive for growing families or those requiring a dedicated home office space.
- Modest School Ratings
The immediate neighborhood schools, particularly the closest elementary school, have lower performance ratings, which may impact long-term resale value for family-oriented buyers.
About 4625 Palm Avenue 2
Charming Move-In Ready Home! Welcome to this cozy and well-maintained 2-bedroom , 1-bath home offering 840 Sq. Ft. of comfortable living space. This move-in ready property features a functional floor plan,
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 2,047 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $270 / Month
Neighborhood Insights
Sacramento Unified Schools
Woodridge Elementary School
Grades K-4 • 0.3 mi
2/10
Madison Elementary School
Grades K-6 • 0.9 mi
4/10
Hillsdale Elementary School
Grades K-6 • 1.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.7 |
| Square foot | 840 | 1,034.367 |
| Lot Size | 2,047 | 1,582.467 |
| Price | $240.0K | $279.1K |
| Price per sq ft | $286 | $273 |
| Built year | 1970 | 1987 |
| HOA | $270 | $412 |
| Days on market | 44 | 58 |
Pricing History
Listed for Sale
Jul 27, 2026
$240,000
Initial Listing
Sold
Aug 22, 2023
$240,000
Public Record
Sold
Sep 30, 2020
$120,000
Public Record
Sold
Aug 7, 2017
$26,000
Public Record