Property Overview:
1622 Placer Dr is a single-family home in Concord, CA 94521, built in 1960. It features 3 bedrooms, 1 bathroom, and 888 sq. ft. of living space on a 8,625 sq. ft. lot. The home includes a parking garage, fireplace, floor/wall furnace heating, and a cooling system. The estimated home value is $447,381–$548,800.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 7.9% (lower than state average of 11.8%).
- Property crime risk: 10.9% (slightly higher than state average of 10.8%).
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Schools:
Nearby schools include Westwood Elementary, El Dorado Middle, and Summit High (Continuation).- Average SAT score: 1134 (higher than state average of 975).
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Job Market:
- 67.3% white-collar jobs, 32.7% blue-collar jobs.
- Unemployment rate: 2.6% (lower than state average of 4.7%).
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Demographics:
- Community population: 43,291 (12.9% growth since 2000).
- 75.2% families with children.
- Largest age group: 45–54 years (17.31%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 43.3°F (January), 72.3°F (July).
- Average rainfall: 21.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $78,188.
- Average annual spending: $58,287.
Property Features:
- Fannie Mae owned: Fixer-upper with potential.
- 3% down seller financing available, no PMI.
- Extra-large, flat 0.20-acre lot on a quiet street.
- Open floor plan with natural light.
- Needs work—opportunity for instant equity after renovations.
- Comparable homes: 1603 Olympia St, 4278 Carter Ct, 4231 Henning Dr.
- Estimated rent: $2,566–$3,151/month.
Location Benefits:
- Convenient to shopping: Safeway, Food Maxx, Zenith Food Mart.
- Nearby coffee shops: Starbucks, Treats.
- Nearby restaurants: Minamoto Restaurant, Buttercup Grill & Bar, Wayback Burgers.
- Close to parks: Concord Park, Dave Brubeck Park, Newhall Community Park.
- Family-friendly community with strong school performance and low unemployment.