8501 Center Parkway, Sacramento, CA 95823, Sacramento, 95823 - 3 bed, 3 bath
8501 Center Parkway
Sacramento, CA 95823
Property Price
SUMMARY
Analysis of 8501 Center Parkway, Sacramento, CA 95823 reveals a property with a current list price of $334,000, which is 10% above the estimated $299,776 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 8501 Center Parkway Subject | $334,000* List Price | 3 | 3 | 1,477 | $203 | - |
A 6880 Calvine Road Sold | $290,000 | 3 | 3 | 1,442 | $201 | 0.2 mi |
B 8507 Center Parkway Sold | $340,000 | 3 | 3 | 1,411 | $241 | 0.0 mi |
C 6746 Calvine Rd Sold | $250,000 | 3 | 2 | 1,412 | $177 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1986, this property is well-maintained with fresh paint and new-looking carpet, making it move-in ready. However, the kitchen features dated honey oak cabinets, a grid fluorescent light fixture, and a mix of black and stainless steel appliances. The bathrooms also have dated honey oak vanities and light fixtures. While functional and clean, these elements show signs of being outdated, aligning with the 'Fair' condition criteria for a home built over 20 years ago with regular upkeep and occasional updates, but not extensive recent renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Move-in Ready Condition
The property is described as 'beautifully maintained' and 'move-in ready' with 'tasteful updates,' minimizing immediate buyer expenses and effort.
- Desirable Neighborhood & Schools
Situated in an 'ideally situated in a desirable neighborhood' with highly-rated elementary and high schools nearby, enhancing family appeal.
- Bright & Functional Living Spaces
Features 'spacious living areas' and a 'well-designed layout' with 'large windows' providing abundant natural light, creating an inviting atmosphere.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1703, living area = 1477.
- Extremely Small Lot Size
The lot size of only 1,703 sqft is significantly smaller than typical single-family homes, limiting outdoor living space and privacy.
- High Monthly Association Fee
A substantial monthly association fee of $515 adds a considerable recurring cost to homeownership, which is high for a single-family residence.
About 8501 Center Parkway
Discover this beautifully maintained home offering the perfect blend of comfort, functionality, and modern style. Step inside to find spacious living areas, tasteful updates, and a well-designed layout ideal for both everyday living and effortless entertaining. Large windows fill each room with natural light, creating a warm and inviting atmosphere throughout. The attached 2-car garage offers secure parking along with ample storage, adding convenience to your daily routine. Move-in ready and ideally situated in a desirable neighborhood, this property is a fantastic opportunity for buyers seeking a welcoming home with exceptional value. Don't miss your chance to make it yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 1,703 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $515 / Month
Neighborhood Insights
Sacramento Unified Schools
Barbara Comstock Morse Elementary School
Grades K-6 • 0.2 mi
Irene B. West Elementary School
Grades K-6 • 0.8 mi
Marion Mix Elementary
Grades K-6 • 2.0 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 | 3.0 | 2.0 | 72% |
| Square foot | 1,477 | 1,406 | 59% |
| Lot Size | 1,703 | 6,098 | 4% |
| Price | $334.0K | $425.0K | 10% |
| Price per sq ft | $226 | $309 | 7% |
| Built year | 1986 | 1980 | 62% |
| HOA | $515 | $0 | 98% |
| Days on market | 102 | 176 | 18% |
Pricing History
Listed for Sale
Jan 25, 2026
$334,000
$339,000
-1% Price Drop
Initial Listing
Price Change
Nov 25, 2025
$339,000
Initial Listing
Sold
Dec 5, 2017
$215,000
Public Record
Sold
May 14, 2012
$65,000
Public Record
Sold
Sep 12, 2001
$120,000
Public Record
Sold
Nov 22, 1999
$88,000
Public Record