7998 Caceres Way, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 2 bath
7998 Caceres Way
Sacramento, CA 95823
Property Price
SUMMARY
Analysis of 7998 Caceres Way, Sacramento, CA 95823 reveals a Prime Investment Opportunity with a current list price of $425,000—significantly undercutting the $441,906 Fair Market Value by 3%. This valuation gap indicates a +$16,906 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7998 Caceres Way Subject | $425,000* List Price | 3 | 2 | 1,650 | $268 | - |
A 4345 Armadale Way Sold | $461,000 | 3 | 2 | 1,406 | $328 | 0.2 mi |
B 4370 Armadale Way Sold | $430,000 | 3 | 2 | 1,513 | $284 | 0.2 mi |
C 5349 Kevinberg Drive Sold | $400,000 | 3 | 2 | 1,250 | $320 | 1.0 mi |
D 5160 Scarborough Way Sold | $425,000 | 4 | 2 | 1,521 | $279 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1980, this property is well-maintained and features recent cosmetic updates including new flooring, fresh interior paint, and new baseboards, making it move-in ready. However, it does not show evidence of a full modern renovation; the kitchen and bathrooms, while functional and spacious, retain older styles and features consistent with a 40-year-old home. The lack of confirmed updates to major mechanical systems (HVAC, roof) and the original cabinetry/layout align with the 'fair' criteria for an aged but cared-for property.
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 = 8276, living area = 1650.
- Recent Interior Updates
The home features fresh interior paint, new baseboards, and updated flooring, providing a clean, move-in-ready aesthetic that appeals to modern buyers.
- Expansive Corner Lot
Situated on a generous 8,276 sqft corner lot, the property offers exceptional outdoor utility with a private backyard, fruit trees, and a gated front courtyard.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned public schools for this address currently hold lower performance ratings, which may be a concern for families prioritizing educational metrics.
- Potential Aging Systems
Given the 1980 construction date and lack of mention regarding major mechanical updates, buyers may need to budget for future roof or HVAC replacements.
About 7998 Caceres Way
Welcome to 7998 Caceres Way, a beautifully maintained single story home in a quiet and well cared for Sacramento neighborhood just around the corner from Willie Caston Park. This lovingly owned property has been held by the same family for many years and is now ready to begin its next chapter with new owners who will enjoy the comfort, space, and pride of ownership found throughout. Step inside to discover updated flooring, fresh interior paint, and new baseboards that create a clean and inviting feel from the moment you enter. The spacious layout offers both a separate living room and family room, along with a dedicated dining area and a generously sized kitchen that provides ample counter space and storage. The primary bedroom is large and comfortable, and the single story design offers the kind of sprawling layout that is increasingly rare in Sacramento, especially at this price point. Situated on a desirable corner lot, the property offers exceptional usable outdoor space with a private backyard, multiple fruit trees including several lemon trees, and room to garden, entertain, or simply relax. A gated front courtyard patio creates a private entry experience and adds to the charm and functionality of the home. The two car garage is complemented by a driveway with space for up to three additional vehicles. This location offers outstanding convenience while maintaining a peaceful residential feel. Enjoy being just a block from Dutch Bros Coffee, minutes to Interstate 5 and Highway 99, and less than ten minutes to Delta Shores shopping and entertainment featuring Target, restaurants, retail, and more. Home Depot and Walmart are also approximately ten minutes away, making everyday errands simple and convenient. Public transportation options are nearby for added accessibility. Surrounded by well maintained homes and quiet streets, this Sacramento property combines space, updates, location, and pride of ownership into one exceptional opportunity. If you are searching for a move in ready single story home with a large lot, private outdoor space, and close proximity to parks, shopping, dining, and major freeways, 7998 Caceres Way is a must see.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 8,276 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
Union House Elementary School
Grades K-6 • 0.4 mi
Marion Mix Elementary
Grades K-6 • 2.8 mi
Samuel Jackman Middle School
Grades 7-8 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,650 | 1,406 | 78% |
| Lot Size | 8,276 | 6,098 | 85% |
| Price | $425.0K | $425.0K | 50% |
| Price per sq ft | $258 | $309 | 14% |
| Built year | 1980 | 1980 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 177 | 1% |
Pricing History
Listed for Sale
Feb 25, 2026
$425,000
Initial Listing