7041 Flamingo Way, Sacramento, CA 95828, Sacramento, 95828 - 4 bed, 2 bath
Loading property details...
7041 Flamingo Way
Sacramento, CA 95828
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,468Sq Ft
6,534Lot Size
Property Price
LIST PRICE$375,000
EST. MARKET VALUE
$395,365
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $375,000—positioned well below the $395,366 Fair Market Value by 5%. This valuation gap offers $20,366 in Instant Equity. Featuring a Fair Condition Rating, the home includes Major System Upgrades like a newer HVAC and roof, providing a solid foundation for cosmetic updates. With a private covered patio and productive fruit trees, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build wealth through renovation.
Estimated Market Value
$395,365+$20,365 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 |
|---|---|---|---|---|---|---|
★ 7041 Flamingo Way Subject 4 bd · 2 ba · 1,468 sqft · $269 | $375,000* List Price | 4 | 2 | 1,468 | $269 | - |
A 7340 Del Prado Court Sold 4 bd · 2 ba · 1,475 sqft · $302 · 0.5 mi | $445,000 | 4 | 2 | 1,475 | $302 | 0.5 mi |
B 6633 Villa Juares Circle Sold 3 bd · 2 ba · 1,562 sqft · $278 · 1.0 mi | $434,000 | 3 | 2 | 1,562 | $278 | 1.0 mi |
C 7524 Mctavish Circle Sold 4 bd · 2 ba · 1,530 sqft · $258 · 1.0 mi | $394,500 | 4 | 2 | 1,530 | $258 | 1.0 mi |
D 7613 McTavish Circle Sold 3 bd · 2 ba · 1,275 sqft · $318 · 1.0 mi | $405,000 | 3 | 2 | 1,275 | $318 | 1.0 mi |
E 7308 Lawnwood Drive Sold 4 bd · 2 ba · 1,560 sqft · $269 · 0.5 mi | $419,000 | 4 | 2 | 1,560 | $269 | 0.5 mi |
F 7804 Mcclintock Way Sold 3 bd · 2 ba · 1,645 sqft · $268 · 0.9 mi | $441,000 | 3 | 2 | 1,645 | $268 | 0.9 mi |
G 7828 Rockhurst Way Sold 4 bd · 2 ba · 1,427 sqft · $259 · 0.7 mi | $370,000 | 4 | 2 | 1,427 | $259 | 0.7 mi |
H 7430 Conrad Drive Pending 3 bd · 2 ba · 1,278 sqft · $289 · 0.2 mi | $369,900 List Price | 3 | 2 | 1,278 | $289 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1963, the home is dated and requires cosmetic restoration ('restore and renew'). While major systems like the HVAC, roof, and water heater are newer, and the bathroom shows a partial renovation within the last 10-15 years, the overall interior needs updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Major System Upgrades
The property features significant recent capital improvements, including a newer HVAC system, roof, and water heater, providing peace of mind and reducing immediate maintenance costs for the buyer.
- Outdoor Living Space
The backyard is a highlight for relaxation and sustainability, offering a private covered patio and a variety of mature, productive fruit trees on a generous 6,534 sqft lot.
- Value-Add Potential
With four bedrooms and a competitive price point, this home offers excellent equity-building potential for investors or owner-occupants looking to customize and modernize a spacious floor plan.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Interior Condition
The home is in need of significant interior updating and restoration, requiring a buyer with the budget and vision to handle cosmetic and functional renovations.
- Local School Ratings
While located within the desirable Elk Grove School District, the specific assigned middle and high schools currently have low performance ratings, which may be a concern for education-focused families.
About 7041 Flamingo Way
Awesome opportunity to restore and renew this fine 4 bedroom/2 bathroom home. Located close to public transportation and easy freeway access. Home is in need of some updating but major updates are complete! Newer HVAC system, Newer roof, Newer Water Heater, and refreshed front yard landscaping. Relax and entertain on the private covered patio . Enjoy the bounty of nutritious fruit from the many fruit trees in the backyard. Ready for your personal touch and make this home sparkle! Within the El Grove School District!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sacramento Unified Schools
David Reese Elementary School
Grades K-6 • 0.2 mi
3/10
Samuel Kennedy Elementary School
Grades K-6 • 0.3 mi
3/10
Elder Creek Elementary School
Grades K-6 • 1.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,468 | 1,541.53 |
| Lot Size | 6,534 | 6,320.667 |
| Price | $375.0K | $503.2K |
| Price per sq ft | $255 | $331 |
| Built year | 1963 | 1975 |
| HOA | $0 | $130 |
| Days on market | 4 | 47 |
Pricing History
Listed for Sale
Oct 20, 2026
$375,000
Initial Listing
Sold
Nov 22, 2000
$124,500
Public Record