3941 Downey Way, Sacramento, CA 95817, Sacramento, 95817 - 3 bed, 1 bath
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3941 Downey Way
Sacramento, CA 95817
ACTIVE
CONDITION: GOOD
3Beds
1Baths
1,110Sq Ft
5,227Lot Size
Property Price
LIST PRICE$569,000
EST. MARKET VALUE
$546,276
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $569,000—positioned above the $546,277 Fair Market Value. While the property requires a personal touch, its Condition Rating of 3 reflects significant recent renovations, including updated kitchen finishes. The proximity to UC Davis Medical Center ensures strong rental demand, while the spacious lot offers long-term development potential. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity in a high-demand Sacramento location.
Estimated Market Value
$546,276
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 |
|---|---|---|---|---|---|---|
★ 3941 Downey Way Subject 3 bd · 1 ba · 1,110 sqft · $492 | $569,000* List Price | 3 | 1 | 1,110 | $492 | - |
A 2124 35th Street Sold 2 bd · 1 ba · 1,158 sqft · $376 · 0.2 mi | $435,000 | 2 | 1 | 1,158 | $376 | 0.2 mi |
B 4001 Miller Way Sold 2 bd · 1 ba · 1,146 sqft · $510 · 0.1 mi | $585,000 | 2 | 1 | 1,146 | $510 | 0.1 mi |
C 3950 Y Street Sold 3 bd · 2 ba · 1,324 sqft · $442 · 0.3 mi | $585,000 | 3 | 2 | 1,324 | $442 | 0.3 mi |
D 3957 Miller Way Sold 2 bd · 2 ba · 1,268 sqft · $472 · 0.1 mi | $599,000 | 2 | 2 | 1,268 | $472 | 0.1 mi |
E 3948 U Street Sold 2 bd · 1 ba · 780 sqft · $628 · 0.2 mi | $490,000 | 2 | 1 | 780 | $628 | 0.2 mi |
F 2739 Santa Clara Way Sold 3 bd · 1 ba · 936 sqft · $446 · 0.5 mi | $417,000 | 3 | 1 | 936 | $446 | 0.5 mi |
G 3957 Miller Way Pending 2 bd · 2 ba · 1,268 sqft · $461 · 0.1 mi | $585,000 List Price | 2 | 2 | 1,268 | $461 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1950, the property has undergone significant renovations likely within the last 5-15 years. The kitchen is updated with shaker cabinets, stone countertops, and stainless steel appliances. The interior features move-in ready finishes, updated dual-pane windows, and a functional layout, though the 'personal touch' description suggests some original elements remain.
PROSSTRENGTHS & OPPORTUNITIES
- Proximity to UC Davis Medical Center
The property is within walking distance of the UC Davis Medical Center, making it an ideal location for healthcare professionals and ensuring strong long-term rental demand.
- Generous Outdoor Space
Featuring a spacious backyard on a 5,227 sqft lot, the property offers significant potential for gardening, entertaining, or future ADU development.
- Centralized Accessibility
Conveniently located near major roadways, shopping, and dining, this home provides easy access to essential amenities and Sacramento's urban core.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the layout may be less functional for larger households or modern buyer expectations.
- Potential for Modernization
Built in 1950 and marketed as needing a 'personal touch,' the home likely requires capital investment for updates or cosmetic improvements to reach its full market value.
About 3941 Downey Way
Welcome to 3941 Downey Way, Sacramento, CA 95817! Make yourself at home in this conveniently located property, ideal for buyers looking to settle into the Sacramento community. Enjoy being within walking distance of UC Davis Medical Center and close to shopping, dining, and major roadways. The spacious backyard offers room to entertain, garden, or create your own outdoor retreat. Whether you're a first-time homebuyer or searching for a place to call your own, this property is ready for your personal touch!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,110 | 1,541.53 |
| Lot Size | 5,227 | 6,320.667 |
| Price | $569.0K | $503.2K |
| Price per sq ft | $513 | $331 |
| Built year | 1950 | 1975 |
| HOA | $0 | $130 |
| Days on market | 15 | 47 |
Pricing History
Listed for Sale
Oct 9, 2026
$569,000
Initial Listing
Sold
Jun 12, 2013
$317,000
Public Record
Sold
Mar 20, 2013
$175,000
Public Record