7000 Forman, Sacramento, CA 95828, Sacramento, 95828 - 3 bed, 1 bath
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7000 Forman
Sacramento, CA 95828
ACTIVE
CONDITION: POOR
3Beds
1Baths
958Sq Ft
6,534Lot Size
Property Price
LIST PRICE$355,000
EST. MARKET VALUE
$343,673
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $355,000—positioned well below the $343,673 Fair Market Value by -3%. While the home carries a Condition Rating of 5, indicating a need for significant infrastructure updates, the 6,534 square foot lot provides substantial value-add potential for expansion or an ADU. Given the low school ratings in the immediate vicinity, this asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing a comprehensive renovation strategy.
Estimated Market Value
$343,673
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 |
|---|---|---|---|---|---|---|
★ 7000 Forman Subject | $355,000* List Price | 3 | 1 | 958 | $359 | - |
A 7404 Lindale Drive Sold | $430,000 | 3 | 2 | 1,198 | $359 | 0.6 mi |
B 6917 Stillwater Way Pending | $374,900 List Price | 3 | 2 | 1,016 | $369 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1963 (61 years old) and the listing provides no evidence of recent renovations to the kitchen, bathroom, or major systems (HVAC/Electric). While the exterior appears functional, the age exceeds the 30-50 year threshold for 'poor' condition, suggesting the home likely requires significant rehabilitation and updates to its original infrastructure.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Entry-Level Pricing
Priced at $355,000, this 3-bedroom single-family home represents an accessible entry point into the Sacramento market, ideal for first-time buyers or investors.
- Generous Lot Size
The 6,534 square foot lot offers a spacious backyard with significant potential for gardening, outdoor entertaining, or the addition of an Accessory Dwelling Unit (ADU).
- No HOA Fees
The absence of a homeowners association allows for lower monthly carrying costs and provides the owner with greater autonomy over property improvements.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom serving three bedrooms, the layout may be less convenient for larger households and could impact future resale value.
- Low School Ratings
The assigned middle and high schools currently hold low ratings (2/10), which may be a deterrent for families prioritizing high-performing academic districts.
About 7000 Forman
Charming single-story home featuring 3 bedrooms and 1 bathroom with approximately 958 square feet of living space. Situated on a generously sized lot, this property offers a spacious backyard with plenty of room for entertaining, gardening, or future possibilities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 6,534 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
Sacramento Unified Schools
Samuel Kennedy Elementary School
Grades K-6 • 0.3 mi
3/10
David Reese Elementary School
Grades K-6 • 0.5 mi
3/10
Elder Creek Elementary School
Grades K-6 • 1.3 mi
5/10
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 | 958 | 1,540.857 |
| Lot Size | 6,534 | 6,330.116 |
| Price | $355.0K | $508.1K |
| Price per sq ft | $371 | $333 |
| Built year | 1963 | 1975 |
| HOA | $0 | $128 |
| Days on market | 34 | 45 |
Pricing History
Listed for Sale
Aug 6, 2026
$355,000
Initial Listing
Sold
Jul 25, 2003
$177,000
Public Record