5208 N Cherokee Way, Sacramento, CA 95841, Sacramento, 95841 - 3 bed, 3 bath
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5208 N Cherokee Way
Sacramento, CA 95841
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,605Sq Ft
6,534Lot Size
Property Price
LIST PRICE$399,900
EST. MARKET VALUE
$399,900
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $430,000—positioned well below the $415,430 Fair Market Value by -3%. While the property requires significant capital expenditure due to its Fair Condition Rating, the 1,605 square foot layout and flexible floor plan offer substantial room for forced appreciation. This asset is best suited for Fix-and-Flip Investors or Contractors capable of managing a comprehensive renovation to modernize this 1957 build and capture long-term equity.
Estimated Market Value
$399,900
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 |
|---|---|---|---|---|---|---|
★ 5208 N Cherokee Way Subject 3 bd · 3 ba · 1,605 sqft · $249 | $399,900* List Price | 3 | 3 | 1,605 | $249 | - |
A 5113 Verner Avenue Sold 4 bd · 2 ba · 1,580 sqft · $234 · 0.3 mi | $370,000 | 4 | 2 | 1,580 | $234 | 0.3 mi |
B 5439 Leader Avenue Sold 3 bd · 2 ba · 1,400 sqft · $306 · 0.3 mi | $428,000 | 3 | 2 | 1,400 | $306 | 0.3 mi |
C 5010 Buffwood Way Sold 3 bd · 2 ba · 1,444 sqft · $308 · 0.4 mi | $445,000 | 3 | 2 | 1,444 | $308 | 0.4 mi |
D 5401 Calistoga Way Sold 3 bd · 2 ba · 1,314 sqft · $319 · 0.5 mi | $419,000 | 3 | 2 | 1,314 | $319 | 0.5 mi |
E 5325 Finsbury Avenue Sold 3 bd · 2 ba · 1,473 sqft · $258 · 0.9 mi | $380,000 | 3 | 2 | 1,473 | $258 | 0.9 mi |
F 5620 Hemlock St Pending 4 bd · 2 ba · 1,580 sqft · $221 · 0.1 mi | $349,900 List Price | 4 | 2 | 1,580 | $221 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1957 and marketed as a 'TLC' property for investors or renovators, this home exceeds the 30-year threshold for major systems. While some interior flooring has been updated, the 'as-is' status, visible window AC unit, and description of areas needing full renovation indicate significant deferred maintenance and the need for a comprehensive rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Value-Add Potential
Priced competitively for the Sacramento market, this property offers significant equity growth potential for investors or renovators looking to modernize a mid-century home.
- Versatile Living Space
The 1,605 square foot layout features multiple living areas and a large enclosed space, providing rare functional flexibility and room for customization.
- Partial Modernization
Portions of the home have already been updated, reducing the total scope of work required compared to a full-gut renovation project.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property requires significant TLC and is being sold as-is, which may necessitate immediate capital expenditure and could limit certain traditional financing options.
- Deferred Maintenance
Given the 1957 construction and stated need for renovation, buyers should anticipate potential costs related to aging systems and structural updates typical of this era.
About 5208 N Cherokee Way
Opportunity awaits at 5208 Cherokee Way! This Sacramento home offers generous living space and plenty of potential for an investor, renovator, or buyer ready to make it their own. The home features a spacious living area with fireplace, a functional kitchen, multiple living spaces, and a large enclosed area offering additional possibilities. Portions of the home have been previously updated, while other areas are ready for renovation and your personal vision. With its flexible layout and ample space, this property presents an opportunity to add value and create something special. Property needs TLC and is being sold as-is. Bring your vision and see the possibilities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | 3.0 | 2.0 |
| Square foot | 1,605 | 1,541.53 |
| Lot Size | 6,534 | 6,320.667 |
| Price | $399.9K | $503.2K |
| Price per sq ft | $249 | $331 |
| Built year | 1957 | 1975 |
| HOA | $0 | $130 |
| Days on market | 72 | 47 |
Pricing History
Listed for Sale
Oct 13, 2026
$399,900
$415,000
-4% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$415,000
$430,000
-3% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$430,000
Initial Listing
Sold
Nov 10, 2021
$415,000
Public Record
Sold
Sep 25, 2012
$155,000
Public Record