4965 I Parkway, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
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Sacramento, CA 95823
This Charming Mid-Century Residence is listed at $460,000, offering a rare financial advantage with a 4.625% Assumable FHA Loan. Although the list price exceeds the $400,712 Fair Market Value, the low-interest rate significantly reduces monthly payments compared to current market standards. The interior showcases Wood Flooring and a Condition Rating of 4, providing a functional, move-in-ready layout. With a Spacious Lot, 2-Car Garage, and Private Patio, this property represents a strategic purchase for first-time buyers or Owner-Occupants looking to secure affordable long-term financing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4965 I Parkway Subject | $429,990* List Price | 3 | 2 | 1,281 | $302 | - |
A 5040 North Parkway Sold | $432,000 | 3 | 2 | 1,344 | $321 | 0.9 mi |
B 4631 Beechnut Way Sold | $439,000 | 4 | 2 | 1,232 | $356 | 0.6 mi |
C 20 Lochmoor Sold | $399,000 | 3 | 2 | 1,162 | $343 | 0.8 mi |
D 4350 Green Tree Drive Sold | $393,000 | 3 | 2 | 1,240 | $317 | 0.9 mi |
E 4804 F Parkway Active | $445,000 List Price | 3 | 2 | 1,505 | $296 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1956 home that is move-in ready but shows clear signs of being outdated. While it features some modern updates such as recessed lighting, stainless steel appliances, and newer wood-look flooring in the main living areas, the kitchen and bathrooms retain older cabinetry and fixtures. The overall condition reflects regular upkeep rather than an extensive recent renovation, with some minor wear visible on the exterior trim.
The property offers a rare opportunity to assume an FHA loan at a 4.625% interest rate, providing a significant financial advantage and lower monthly payments compared to current market rates.
The home features classic wood flooring and a functional great room layout, offering a solid foundation of mid-century charm that is highly sought after by many buyers.
Despite its 1956 construction, the residence is equipped with essential modern conveniences including central heating and cooling and a spacious two-car garage.
The local public schools assigned to this address currently have lower performance ratings, which may impact long-term resale value and appeal to education-focused families.
Positioned as an opportunity for buyers to 'make their own,' the property likely requires additional capital investment for cosmetic updates or structural modernizations to meet contemporary standards.
Ask how to assume this FHA loan at 4.625%!! Welcome to 4965 I Pkwy, a charming 3-bedroom, 2-bath Sacramento home offering 1,281 square feet of comfortable living space on a generously sized 6,970 square foot lot. Built in 1956, this single-family residence offers a functional layout, classic character, and a 2-car garage for added convenience. You'll love features such as wood flooring, a great room, breakfast nook, and central heating and cooling, making this home a solid blend of comfort and practicality. With plenty of outdoor space and a well-established neighborhood setting, this property presents a great opportunity for buyers looking for a place to make their own.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,281 | 1,384 | 37% |
| Lot Size | 6,970 | 6,534 | 60% |
| Price | $430.0K | $430.0K | 49% |
| Price per sq ft | $336 | $317 | 64% |
| Built year | 1956 | 1980 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 193 | 1% |
Apr 9, 2026
$429,990
$460,000
-7% Price Drop
Initial Listing
Mar 17, 2026
$460,000
Initial Listing
Mar 16, 2022
$460,000
Public Record
Jan 3, 2017
$250,000
Public Record
Jul 27, 2001
$132,000
Public Record
Oct 14, 1994
$60,000
Public Record