
Sacramento, CA 95841
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5208 N Cherokee Way Subject | $430,000* List Price | 3 | 3 | 1,605 | $259 | - |
A 5113 Verner Avenue Sold | $370,000 | 4 | 2 | 1,580 | $234 | 0.3 mi |
B 5401 Calistoga Way Sold | $419,000 | 3 | 2 | 1,314 | $319 | 0.5 mi |
C 5010 Buffwood Way Sold | $445,000 | 3 | 2 | 1,444 | $308 | 0.4 mi |
D 5325 Finsbury Avenue Sold | $380,000 | 3 | 2 | 1,473 | $258 | 0.9 mi |
E 5409 Calistoga Way Active | $375,000 List Price | 3 | 2 | 1,314 | $285 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
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.
Priced competitively for the Sacramento market, this property offers significant equity growth potential for investors or renovators looking to modernize a mid-century home.
The 1,605 square foot layout features multiple living areas and a large enclosed space, providing rare functional flexibility and room for customization.
Portions of the home have already been updated, reducing the total scope of work required compared to a full-gut renovation project.
The property requires significant TLC and is being sold as-is, which may necessitate immediate capital expenditure and could limit certain traditional financing options.
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.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,605 | 1,540.857 |
| Lot Size | 6,534 | 6,330.116 |
| Price | $430.0K | $508.1K |
| Price per sq ft | $268 | $333 |
| Built year | 1957 | 1975 |
| HOA | $0 | $128 |
| Days on market | 26 | 45 |
Aug 14, 2026
$430,000
Initial Listing
Nov 10, 2021
$415,000
Public Record
Sep 25, 2012
$155,000
Public Record