4007 Colonial Way, Sacramento, CA 95817, Sacramento, 95817 - 3 bed, 2 bath
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4007 Colonial Way
Sacramento, CA 95817
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,467Sq Ft
4,792Lot Size
Property Price
LIST PRICE$619,000
EST. MARKET VALUE
$623,859
SUMMARY
This 1940s Med Center Residence is a Strong Value Opportunity, listed at $630,000—positioned well below the $626,649 Fair Market Value (Note: Priced at market stability). Featuring a remodeled primary en-suite, newer stainless steel appliances, and dual-pane windows, the home maintains a Condition Rating of 3. Its open-concept layout and proximity to UC Davis offer significant lifestyle appeal. This property balances vintage character with modern functionality, making it an ideal acquisition for Owner-Occupants seeking a move-in ready home or Buy-and-Hold Investors targeting the medical district.
Estimated Market Value
$623,859
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 |
|---|---|---|---|---|---|---|
★ 4007 Colonial Way Subject | $619,000* List Price | 3 | 2 | 1,467 | $425 | - |
A 2549 San Jose Way Sold | $770,000 | 2 | 1 | 1,647 | $468 | 0.2 mi |
B 3957 Miller Way Sold | $599,000 | 2 | 2 | 1,268 | $472 | 0.1 mi |
C 4001 Miller Way Sold | $585,000 | 2 | 1 | 1,146 | $510 | 0.1 mi |
D 4901 V Street Sold | $690,000 | 3 | 2 | 1,314 | $525 | 0.6 mi |
E 3647 3rd Avenue Sold | $579,000 | 2 | 2 | 1,438 | $403 | 0.5 mi |
F 5432 U Street Sold | $550,000 | 2 | 1 | 1,016 | $541 | 1.0 mi |
G 3200 San Carlos Way Sold | $542,000 | 3 | 3 | 1,472 | $368 | 0.7 mi |
H 4112 4th Avenue Sold | $629,000 | 5 | 3 | 1,674 | $376 | 0.5 mi |
I 2629 Santa Cruz Way Active | $650,000 List Price | 3 | 2 | 1,434 | $453 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1942 but well-maintained with a major renovation likely occurring within the last 10 years. Features a remodeled primary en-suite, newer stainless steel appliances, dual-pane windows, and refinished hardwood floors. While the kitchen tile and secondary bath are dated, the home is functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Med Center area near UC Davis, the property offers exceptional investment potential and proximity to major employment hubs.
- Modernized Vintage Charm
The home perfectly balances 1940s character, such as original hardwood floors, with modern upgrades including a remodeled primary en-suite and dual-pane windows.
- Functional Living Spaces
Features an open-concept layout, indoor laundry, and significant storage solutions both inside and out, enhancing daily convenience and livability.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
At under 5,000 square feet, the lot size is relatively compact, which may restrict large-scale outdoor activities or future property expansions.
- Vintage Infrastructure
Built in 1942, the property may require the ongoing maintenance and oversight typical of older homes, despite the visible cosmetic and functional updates.
About 4007 Colonial Way
Character, style & location! This 1940's Med Center home greets you with shining hardwood floors, an open concept living space & natural light galore. A blend of updates and original features maintain the homes classic look and character elements without sacrificing modern convenience. This 3 bed/ 2 bath home has a primary bedroom with remodeled en-suite, dual pane windows throughout, indoor laundry and newer stainless steel appliances in the kitchen. A wall of cabinets in the hallway and a shed in backyard provide ample storage space. The yard has a relaxing covered patio, fruit trees and fresh sod. Come live in the middle of it all and take advantage of the investments that UC Davis continues to make in this area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1942
- Lot Size
- 4,792 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,467 | 1,540.857 |
| Lot Size | 4,792 | 6,330.116 |
| Price | $619.0K | $508.1K |
| Price per sq ft | $422 | $333 |
| Built year | 1942 | 1975 |
| HOA | $0 | $128 |
| Days on market | 34 | 45 |
Pricing History
Listed for Sale
Aug 26, 2026
$619,000
$630,000
-2% Price Drop
Initial Listing
Price Change
Aug 6, 2026
$630,000
Initial Listing
Sold
Aug 24, 2021
$566,000
Public Record
Sold
Apr 8, 2016
$230,000
Public Record
Sold
Dec 16, 2015
$159,000
Public Record