723 Exchange Street, Sacramento, CA 95838, Sacramento, 95838 - 3 bed, 2 bath
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723 Exchange Street
Sacramento, CA 95838
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,947Sq Ft
9,583Lot Size
Property Price
LIST PRICE$459,900
EST. MARKET VALUE
$505,661
9% BelowMARKET VALUE
SUMMARY
This Spacious Residential Property represents a Strong Value Opportunity, listed at $479,900—positioned well below the $517,825 Fair Market Value by 7%. This valuation gap provides $37,925 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a modernized kitchen, a private swimming pool, and a converted game room. While local school ratings vary, the property’s flexible layout and outdoor amenities offer significant appeal for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with immediate upside.
Estimated Market Value
$505,661+$45,761 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 |
|---|---|---|---|---|---|---|
★ 723 Exchange Street Subject | $459,900* List Price | 3 | 2 | 1,947 | $260 | - |
A 15 Fig Leaf Court Sold | $490,000 | 4 | 3 | 1,963 | $250 | 0.6 mi |
B 10 Fig Leaf Ct Sold | $489,000 | 3 | 2 | 1,616 | $303 | 0.6 mi |
C 5031 Shady Leaf Way Sold | $500,000 | 4 | 3 | 1,963 | $255 | 0.7 mi |
D 12 Caswell Court Sold | $535,000 | 4 | 2 | 1,822 | $294 | 0.3 mi |
E 700 Pinedale Ave Active | $494,990 List Price | 4 | 2 | 1,726 | $287 | 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.
Although built in 1972, the home has undergone significant renovations within the last 5-15 years. It features a newer secondary kitchen with a center island, updated laminate flooring throughout the main living areas, and modernized bathrooms with contemporary tile work. The property is well-maintained and move-in ready.
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 = 9583, living area = 1947.
- Outdoor Entertainment Oasis
The property features a built-in swimming pool and a covered patio, providing an ideal private retreat for relaxation and summer gatherings.
- Modernized Kitchen
A recently updated kitchen boasts a center island and extensive cabinetry, offering a contemporary and functional heart for the home.
CONSRISKS & DEFICIENCIES
- Underperforming Local Schools
The majority of assigned and nearby schools carry lower performance ratings, which may be a concern for education-focused buyers.
- Lack of Traditional Garage
The conversion of the garage to living space eliminates covered parking and traditional storage, potentially impacting utility for vehicle owners.
About 723 Exchange Street
Welcome to this beautiful home composed of 3-Bedrooms, 2 Baths and 2 Kitchens. the newer Kitchen features plenty of cabinets and ample counter space with a center island. Step outside to your private retreat featuring a built-in swimming pool a cover patio to relax. The garage has been converted to a game room to enjoy with the family.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 9,583 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
Robla Elementary School
Grades K-6 • 0.2 mi
5/10
Taylor Street Elementary School
Grades K-6 • 0.9 mi
3/10
Main Avenue Elementary School
Grades K-6 • 1.0 mi
6/10
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 | 1,947 | 1,540.857 |
| Lot Size | 9,583 | 6,330.116 |
| Price | $459.9K | $508.1K |
| Price per sq ft | $236 | $333 |
| Built year | 1972 | 1975 |
| HOA | $0 | $128 |
| Days on market | 21 | 45 |
Pricing History
Listed for Sale
Sep 5, 2026
$459,900
$479,900
-4% Price Drop
Initial Listing
Price Change
Aug 19, 2026
$479,900
Initial Listing
Sold
Aug 30, 2001
$120,000
Public Record
Sold
Sep 21, 1998
$68,000
Public Record