7324 Spicer Drive, Citrus Heights, CA 95621, Citrus Heights, 95621 - 3 bed, 2 bath
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Citrus Heights, CA 95621
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $579,900—positioned above the $500,604 Fair Market Value by -15%. While priced above market, the property features a Fair Condition Rating with significant mechanical upgrades, including a 2017 HVAC, 2024 whole-house fan, and tankless water heater. The large 8,712 sqft lot and covered patio offer excellent utility. This home is best suited for Buy-and-Hold Investors or Owner-Occupants who prioritize energy efficiency and long-term structural reliability over immediate cosmetic perfection.
Spacious 3-bed Citrus Heights home with energy-efficient HVAC, tankless water heater, and large lot. Move-in ready with modern mechanicals. Great for buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7324 Spicer Drive Subject | $529,000* List Price | 3 | 2 | 1,936 | $265 | - |
A 7230 Linda Sue Way Sold | $540,000 | 3 | 2 | 1,930 | $280 | 0.4 mi |
B 6901 Le Havre Way Sold | $482,000 | 3 | 2 | 1,551 | $311 | 0.9 mi |
C 7029 Amberwick Way Sold | $450,000 | 3 | 2 | 1,730 | $260 | 0.4 mi |
D 5432 Fleetwood Drive Sold | $375,000 | 3 | 2 | 1,258 | $298 | 0.4 mi |
E 7200 Spicer Drive Pending | $519,999 List Price | 3 | 2 | 1,609 | $323 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained with high-quality system upgrades, including a 2017 HVAC, 2024 whole-house fan, and a tankless water heater. However, the kitchen and bathrooms are aesthetically dated, featuring 1970s-style oak and dark wood cabinetry, older appliances, and popcorn ceilings. While move-in ready, it fits the 'Fair' criteria due to the need for cosmetic modernization of the primary living spaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1936.
The property features a high-efficiency HVAC system, a 2024 whole-house fan, and a Rinnai tankless water heater, all contributing to significantly lower utility costs.
Equipped with a raised board-on-board privacy fence, security screens, and a Bay alarm system, the home offers a secure and secluded environment for residents.
Several assigned schools in the immediate vicinity carry lower performance ratings, which may be a concern for families prioritizing academic rankings.
Despite significant system upgrades, the 1974 construction and remaining carpeted areas may require cosmetic updates to meet the expectations of buyers seeking a fully contemporary aesthetic.
This is a must-see property listing that is perfect for growing or multi-generational families. Originally appraised at $550,000 and now reduced to sell, this highly energy-efficient Ranch-style home features: Key Highlights: A 50+ year tile roof, dual-pane windows, a whole-house fan, an upgraded R-value insulated attic with new ductwork, and an immaculately maintained 2017 HVAC system (including a 1-year Gilmore Heating and Air maintenance program). - Spacious Interior: Large bedrooms, a master bath with a walk-in jetted tub and shower, a sunroom, a large great room, and a family room off the kitchen. It also includes an easily convertible 4th bedroom, a versatile office/pantry room, and a floor-to-ceiling gas-ready rock fireplace. - Premium Extras: Four wall-mounted TVs, four breakfast bar stools, a large backyard with extra-high privacy fencing, and a covered double-roof patio for year-round use. - Location: Situated within 2-3 miles of schools (daycare through high school), gyms, restaurants, parks, Costco, Sam's Club, and American River access. This home is rated one of the most energy efficient homes in the area. (Per SMUD and PG&E)
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 1.2 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,936 | - |
| Lot Size | 8,712 | - |
| Price | $529.0K | $479.4K |
| Price per sq ft | $273 | $332 |
| Built year | 1974 | 0 |
| HOA | $0 | $0 |
| Days on market | 71 | 38 |
Jul 18, 2026
$529,000
$539,000
-2% Price Drop
Initial Listing
Jun 20, 2026
$539,000
$549,000
-2% Price Drop
Initial Listing
Jun 5, 2026
$549,000
$559,900
-2% Price Drop
Initial Listing
May 29, 2026
$559,900
$579,900
-3% Price Drop
Initial Listing
May 12, 2026
$579,900
Initial Listing
Sep 27, 2016
$308,500
Public Record