4951 Southeast Parkway, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
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4951 Southeast Parkway
Sacramento, CA 95823
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,712Sq Ft
10,019Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$469,297
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $450,000—positioned well below the $469,298 Fair Market Value by 4%. This valuation gap provides $19,298 in Instant Equity. Featuring a Mint Condition Rating with a modern quartz kitchen and central HVAC, the home offers a private backyard with a covered patio. While local school ratings are modest, the property’s move-in readiness and large lot size make it an ideal acquisition for first-time buyers or Owner-Occupants seeking a stable, updated home.
Estimated Market Value
$469,297+$19,297 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 4951 Southeast Parkway Subject | $450,000* List Price | 3 | 2 | 1,712 | $274 | - |
A 4701 Goya Parkway Sold | $449,000 | 3 | 2 | 1,456 | $308 | 0.4 mi |
B 7640 Tattershall Way Sold | $490,000 | 4 | 2 | 1,687 | $290 | 0.8 mi |
C 5005 I Pkwy Sold | $415,000 | 3 | 2 | 1,253 | $331 | 0.1 mi |
D 4961 I Parkway Sold | $455,000 | 3 | 2 | 1,400 | $325 | 0.1 mi |
E 4936 1st Parkway Sold | $395,000 | 3 | 2 | 1,529 | $258 | 0.8 mi |
F 5012 I Parkway Sold | $460,000 | 4 | 3 | 2,149 | $214 | 0.1 mi |
G 7521 Delta Pointe Way Sold | $499,900 | 4 | 3 | 1,618 | $309 | 0.7 mi |
H 66 Audia Circle Sold | $477,000 | 4 | 2 | 1,620 | $294 | 0.9 mi |
I 7648 Quinby Way Pending | $465,000 List Price | 4 | 2 | 1,469 | $317 | 0.8 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.
Despite being built in 1956, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with quartz countertops and stainless steel appliances, updated bathrooms, new flooring, recessed lighting, and central HVAC, placing it in mint, move-in ready condition.
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 = 10019, living area = 1712.
- Modernized Kitchen & Interior
The home features a beautifully updated kitchen with quartz countertops, stainless steel appliances, and an open-concept layout that seamlessly blends mid-century charm with contemporary style.
- Expansive Lot Size
Situated on a generous 10,019-square-foot lot, the property offers a large private backyard with a covered patio and mature trees, providing significant space for outdoor entertaining and play.
CONSRISKS & DEFICIENCIES
- Underperforming School District
The assigned public schools for this address carry relatively low ratings, ranging from 2 to 4, which may be a concern for families prioritizing educational performance.
- Aging Infrastructure
Originally built in 1956, the property may require closer inspection of underlying systems such as plumbing and electrical, which often necessitate maintenance in homes of this vintage despite cosmetic updates.
About 4951 Southeast Parkway
Welcome to this beautifully updated home that seamlessly combines charm and modern convenience. The thoughtfully designed kitchen shines with crisp white cabinetry, elegant quartz countertops, stainless steel appliances, and an open layout that flows effortlessly into the dining and living areas. A cozy family room features a classic fireplace framed by a dramatic accent wall, while the light-filled bedrooms and versatile spaces provide an ideal setting for relaxation or entertaining. Spacious RV and Boat parking is discreetly nestled on the side of the home. Enjoy year-round comfort with central heating and air conditioning, plus the convenience of an attached 2-car garage. Step outside to a private backyard complete with a covered patio, mature trees, and ample space for outdoor living or play. This well-maintained residence blends classic character with modern updates, ready for its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
Parkway Elementary School
Grades K-6 • 0.3 mi
3/10
Charles E. Mack Elementary School
Grades K-6 • 0.7 mi
3/10
Nicholas Elementary School
Grades K-6 • 1.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,712 | 1,540.857 |
| Lot Size | 10,019 | 6,330.116 |
| Price | $450.0K | $508.1K |
| Price per sq ft | $263 | $333 |
| Built year | 1956 | 1975 |
| HOA | $0 | $128 |
| Days on market | 28 | 45 |
Pricing History
Listed for Sale
Aug 12, 2026
$450,000
Initial Listing
Sold
Mar 24, 2009
$130,500
Public Record
Sold
Dec 23, 2005
$375,000
Public Record
Sold
Apr 3, 1997
$112,500
Public Record