7401 Palmer House Drive, Sacramento, CA 95828, Sacramento, 95828 - 4 bed, 3 bath
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7401 Palmer House Drive
Sacramento, CA 95828
ACTIVE
CONDITION: POOR
4Beds
3Baths
1,829Sq Ft
6,970Lot Size
Property Price
LIST PRICE$350,000
EST. MARKET VALUE
$364,841
4% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $350,000—positioned well below the $364,841 Fair Market Value by 4%. This valuation gap offers $14,841 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires significant repairs, yet the 1,829-square-foot floor plan and covered patio provide a versatile foundation. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project with clear upside.
Estimated Market Value
$364,841+$14,841 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 |
|---|---|---|---|---|---|---|
★ 7401 Palmer House Drive Subject | $350,000* List Price | 4 | 3 | 1,829 | $199 | - |
A 7524 Mctavish Circle Pending | $350,000 List Price | 4 | 2 | 1,530 | $229 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1978 (46 years old) and explicitly described as a 'true fixer' needing significant repairs and updates. Visual evidence of boarded-up windows and doors suggests potential safety or security issues, requiring a full rehab of the kitchen, baths, and likely all major systems.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
With 4 bedrooms and 3 bathrooms across 1,829 square feet, the home offers a spacious layout with potential for multigenerational living or flexible home office arrangements.
- Significant Equity Potential
Priced as a fixer-upper, this property presents a prime opportunity for investors or owner-occupants to build substantial sweat equity through strategic renovations.
- Generous Lot Size
The nearly 7,000-square-foot lot includes a large backyard and a covered patio, providing ample space for outdoor recreation, gardening, or future expansions.
CONSRISKS & DEFICIENCIES
- Extensive Repair Requirements
The property is a true fixer requiring significant structural or cosmetic updates, which will necessitate a substantial upfront budget and contractor involvement.
- As-Is Sale Limitation
Being sold strictly in its current condition, the property may face challenges with traditional financing and requires the buyer to assume all responsibility for existing defects.
About 7401 Palmer House Drive
Bring your vision to 7401 Palmer House Drive! This 4-bedroom, 3-bath, approximately 1,829-square-foot two-story home sits on a nearly 7,000-square-foot lot and offers an opportunity to renovate and create a home of your own.With four bedrooms, three bathrooms and a spacious floor plan, the home offers flexibility for a variety of living arrangements, including potential for multigenerational living. The generous backyard and covered patio area provide additional space to reimagine and make your own.The property is a true fixer, in need of significant repairs and updates, making it a great opportunity for an owner-occupant ready to put in the work, as well as for an investor or contractor looking for their next project.Property is being sold AS-IS in its current condition. Bring your contractor, creativity and vision and explore the possibilities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,829 | 1,540.857 |
| Lot Size | 6,970 | 6,330.116 |
| Price | $350.0K | $508.1K |
| Price per sq ft | $191 | $333 |
| Built year | 1978 | 1975 |
| HOA | $0 | $128 |
| Days on market | 61 | 45 |
Pricing History
Listed for Sale
Jul 10, 2026
$350,000
Initial Listing