7601 South Parkway, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
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Sacramento, CA 95823
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $388,000—positioned well below the $406,435 Fair Market Value by 4%. This valuation gap offers $18,435 in Instant Equity. Featuring a Condition Rating of 4, the home requires modernization, yet offers significant upside through its spacious corner lot and RV access. While school ratings in the immediate vicinity are modest, the property’s functional layout and outdoor living space make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7601 South Parkway Subject | $388,000* List Price | 3 | 2 | 1,456 | $279 | - |
A 4549 Lippi Parkway Sold | $410,000 | 3 | 2 | 1,456 | $282 | 0.5 mi |
B 2 Tillman Circle Sold | $385,000 | 4 | 2 | 1,406 | $274 | 0.5 mi |
C 114 Decathlon Circle Sold | $460,000 | 4 | 2 | 1,400 | $329 | 0.8 mi |
D 5 Seco Court Sold | $425,500 | 3 | 2 | 1,255 | $339 | 0.8 mi |
E 7566 Circle Parkway Pending | $419,000 List Price | 3 | 2 | 1,400 | $299 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, this home is well-maintained but significantly dated. The kitchen features older tile countertops and cabinetry that appear to be over 20 years old. While the property benefits from dual-pane windows and original hardwood floors, the overall interior aesthetic and systems require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1456.
The property sits on a generous 7,841 sqft corner lot featuring dedicated RV access and ample parking, providing significant utility for outdoor enthusiasts and hobbyists.
Original oak hardwood flooring and dual-pane windows throughout provide a blend of timeless character and modern energy efficiency, creating a bright and inviting living space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The assigned public schools for this address currently hold lower performance ratings, with several nearby schools rated between 2 and 4, which may impact long-term resale value for families.
Built in 1956, the home may require more frequent maintenance or updates to its original systems and infrastructure compared to newer residential developments in the Sacramento area.
Welcome to 7106 South Parkway! Situated in Parkway Estates on a spacious corner lot in one of Sacramento's established neighborhoods, this inviting single-story home combines classic charm with everyday functionality. This home offers oak hardwood flooring adding warmth and character throughout, a cozy fireplace in the cozy living room, large family room, nicely sized bedrooms and large dual pane windows throughout creating a bright and airy space. The covered front porch and expansive covered backyard patio create the perfect spaces to relax, gather, and entertain year-round. The oversized corner lot offers great RV access and parking, extra parking, and room for all your outdoor hobbies and toys. Ideally located near parks, schools, shopping, restaurants, and commuter routes, it's ideal for buyers seeking comfort, convenience, and easy freeway access. Don't miss your opportunity to make this Sacramento gem your own!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,456 | - |
| Lot Size | 7,841 | - |
| Price | $388.0K | $505.7K |
| Price per sq ft | $266 | $341 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 42 |
Jul 20, 2026
$388,000
Initial Listing