5204 62nd Street, Sacramento, CA 95820, Sacramento, 95820 - 3 bed, 1 bath
ACTIVE$320,000$1,039/sqft
Est. Value: $311,806
-2%
FairlyEstimate
5204 62nd Street, Sacramento, CA 95820
3Beds
1Bath
1,039Sqft
5,663Lot
Price Vs. Estimate
The estimated value ($311,805.87) is $8,194.13 (2%) lower than the list price ($320,000). This property may be overpriced.
Key pros and cons
Top Pros:
Strong Investment Potential: Explicitly marketed as an 'excellent opportunity for an investor,' suggesting significant value-add potential through renovation and subsequent appreciation.
Top Cons:
Fixer Upper Condition: The property is described as a 'fixer upper,' indicating it requires substantial renovation and updates, which will incur significant additional costs and effort for the buyer.
Compared to the nearby listings
Price:$320.0K vs avg $395.0K ($-75,000)23%
Size:1,039 sqft vs avg 1,093.5 sqft42%
Price/sqft:$308 vs avg $34737%
More Insights
Built in 1950 (76 years old).
Condition: Built in 1950, this property is explicitly marketed as a 'fixer upper,' indicating significant deferred maintenance and the need for substantial rehabilitation. The kitchen features very dated light wood cabinets, old white appliances, a dated tile backsplash, and an old fluorescent ceiling light. The bathroom is equally outdated with 70s/80s green wall tiles, dirty floor tiles, and an old vanity. Throughout the house, the carpets are heavily stained, worn, and dirty, requiring complete replacement. Walls are scuffed and need repainting. While some mini-split AC units are present, the overall systems (electrical, plumbing, main HVAC) are likely original or very old, necessitating major upgrades. The property is uncomfortable and likely unsafe in its current state, aligning with the 'poor' condition criteria.
Year Built
1950
Close
-
List price
$320K
Original List price
-
Price/Sqft
$308
HOA
$0
Days on market
-
Sold On
-
MLS number
226000999
Home ConditionPoor
Features
Patio
View-
About this home
3 bedroom, 1 bathroom fixer upper. Excellent opportunity for and investor.
V
Veronica Van Dyke
Listing Agent
Nearby schools
4/10
Mark Twain Elementary School
Public,•K-6•0.4mi
2/10
Hiram W. Johnson High School
Public,•9-12•1.0mi
5/10
Kit Carson Middle School
Public,•7-12•2.3mi
Price History
Date
Event
Price
11/09/00
Sold
$65,000
Condition Rating
Poor
Built in 1950, this property is explicitly marketed as a 'fixer upper,' indicating significant deferred maintenance and the need for substantial rehabilitation. The kitchen features very dated light wood cabinets, old white appliances, a dated tile backsplash, and an old fluorescent ceiling light. The bathroom is equally outdated with 70s/80s green wall tiles, dirty floor tiles, and an old vanity. Throughout the house, the carpets are heavily stained, worn, and dirty, requiring complete replacement. Walls are scuffed and need repainting. While some mini-split AC units are present, the overall systems (electrical, plumbing, main HVAC) are likely original or very old, necessitating major upgrades. The property is uncomfortable and likely unsafe in its current state, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Strong Investment Potential: Explicitly marketed as an 'excellent opportunity for an investor,' suggesting significant value-add potential through renovation and subsequent appreciation.
Desirable Property Type: As a Single Family Residence, the property belongs to a highly sought-after category in the residential market.
Generous Lot Size: The 5,663 sqft lot provides ample outdoor space for landscaping, potential expansion, or recreational use.
Proximity to Highly-Rated Elementary School: Mark Twain Elementary School, rated 4, is located just 0.37 miles away, making it highly attractive for families with young children.
Standard Bedroom Count: With 3 bedrooms, the property offers a functional layout suitable for families or as a rental unit.
Cons
Fixer Upper Condition: The property is described as a 'fixer upper,' indicating it requires substantial renovation and updates, which will incur significant additional costs and effort for the buyer.
Limited Bathroom Count: Having only one bathroom for a 3-bedroom home is often considered insufficient by modern standards, potentially impacting marketability and daily convenience.
Age of Property & Potential System Obsolescence: Built in 1950, the home likely features original or outdated systems (e.g., plumbing, electrical, HVAC) that may require costly replacement or upgrades to meet current standards and efficiency.