5324 Shepard Ave, Sacramento, CA 95819, Sacramento, 95819 - 3 bed, 2 bath
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5324 Shepard Ave
Sacramento, CA 95819
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,406Sq Ft
6,050Lot Size
Property Price
LIST PRICE$649,900
EST. MARKET VALUE
$691,633
6% BelowMARKET VALUE
SUMMARY
This Charming River Park Residence is a Strong Value Opportunity, listed at $649,900—positioned well below the $691,634 Fair Market Value by 6%. This valuation gap offers $41,734 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a private backyard deck, updated kitchen, and hardwood floors. Located steps from the top-rated Caleb Greenwood Elementary School, this property balances lifestyle appeal with financial stability. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey home.
Estimated Market Value
$691,633+$41,733 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 5324 Shepard Ave Subject 3 bd · 2 ba · 1,406 sqft · $492 | $649,900* List Price | 3 | 2 | 1,406 | $492 | - |
A 5424 Spilman Ave Sold 3 bd · 2 ba · 1,392 sqft · $539 · 0.2 mi | $750,000 | 3 | 2 | 1,392 | $539 | 0.2 mi |
B 5401 State Avenue Sold 3 bd · 2 ba · 1,336 sqft · $535 · 0.2 mi | $715,000 | 3 | 2 | 1,336 | $535 | 0.2 mi |
C 5506 C Street Sold 3 bd · 1 ba · 1,329 sqft · $556 · 0.3 mi | $739,000 | 3 | 1 | 1,329 | $556 | 0.3 mi |
D 639 El Dorado Way Sold 3 bd · 2 ba · 1,434 sqft · $523 · 0.6 mi | $750,000 | 3 | 2 | 1,434 | $523 | 0.6 mi |
E 5501 Moddison Avenue Sold 3 bd · 1 ba · 1,582 sqft · $401 · 0.2 mi | $635,000 | 3 | 1 | 1,582 | $401 | 0.2 mi |
F 52 Coloma Way Sold 3 bd · 2 ba · 1,526 sqft · $478 · 0.5 mi | $730,000 | 3 | 2 | 1,526 | $478 | 0.5 mi |
G 108 Aiken Way Sold 3 bd · 2 ba · 1,427 sqft · $588 · 0.6 mi | $839,000 | 3 | 2 | 1,427 | $588 | 0.6 mi |
H 50 50th Street Sold 3 bd · 1 ba · 1,120 sqft · $553 · 0.3 mi | $619,000 | 3 | 1 | 1,120 | $553 | 0.3 mi |
I 58 46th St Pending 3 bd · 2 ba · 1,534 sqft · $488 · 0.5 mi | $749,000 List Price | 3 | 2 | 1,534 | $488 | 0.5 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 1951, this home is well-maintained and move-in ready. The kitchen has been updated with solid-surface countertops and functional cabinetry, and the interior features fresh paint and well-preserved hardwood floors. A clear pest report and functional systems suggest it meets the 'Good' criteria for its age bracket.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Neighborhood Location
Situated in the highly desirable River Park subdivision, the home is just steps from the top-rated Caleb Greenwood Elementary School, offering exceptional value for families.
- Turnkey Condition
The property is move-in ready, featuring fresh interior paint and a clear pest report, which minimizes immediate post-closing costs and buyer stress.
- Functional Living Space
The thoughtful layout includes an open kitchen-to-family room flow, a cozy gas-log fireplace with built-ins, and extensive garage storage, maximizing the utility of the 1,406-square-foot footprint.
CONSRISKS & DEFICIENCIES
- Local High School Ratings
While the elementary school is a major highlight, the assigned high schools in the district have significantly lower ratings, which may be a concern for families with older children.
- Vintage Scale
Built in 1951, the home's modest square footage and mid-century proportions may lack the expansive primary suites and open-concept scale sought by some modern buyers.
About 5324 Shepard Ave
Welcome to this quaint and charming River Park home, offering a wonderful blend of character, comfort, and functionality. The inviting formal living and dining room features a cozy gas-log fireplace flanked by built-in bookcases, creating a warm and welcoming atmosphere. The spacious, thoughtfully designed kitchen offers a gas cooktop, abundant cabinetry with convenient pull-out storage. Open to the family room, the kitchen creates an ideal space for everyday living and entertaining, with easy access to a private backyard deck perfect for relaxing or outdoor gatherings. Freshly painted and offering a clear pest report, this home is ready for its next chapter. The garage includes a convenient laundry area with washer, dryer and deep sink plus an abundance of built-in storage cabinets. Ideally located just steps from Caleb Greenwood Elementary School, this delightful home offers timeless charm in a wonderful neighborhood setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 6,050 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
Sacramento Unified Schools
Caleb Greenwood Elementary School
Grades K-6 • 0.1 mi
8/10
Theodore Judah Elementary School
Grades K-6 • 1.0 mi
7/10
Greer Elementary School
Grades K-5 • 1.4 mi
3/10
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 | 1,406 | 1,541.53 |
| Lot Size | 6,050 | 6,320.667 |
| Price | $649.9K | $503.2K |
| Price per sq ft | $462 | $331 |
| Built year | 1951 | 1975 |
| HOA | $0 | $130 |
| Days on market | 1 | 47 |
Pricing History
Listed for Sale
Oct 23, 2026
$649,900
Initial Listing