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5642 MADISON, Sacramento, CA 95841, Sacramento, 95841 - 2 bed, 1 bath

5642 MADISON, Sacramento, CA 95841 home-pic-0
ACTIVE$180,000
5642 MADISON, Sacramento, CA 95841
2Beds
1Bath
840Sqft
2,203Lot
Year Built
1969
Close
-
List price
$180K
Original List price
-
Price/Sqft
$214
HOA
$250
Days on market
-
Sold On
-
MLS number
FR25266765
Home ConditionPoor
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $180.0K(25th), sqft - 840(45th), beds - 2(50th), baths - 1(50th).

Two-story condo in a convenient Sacramento location. The lower level includes the kitchen, dining area, and living/family room, with two bedrooms and one full bathroom upstairs. Practical layout and sold as-is, giving the next owner an opportunity to update as needed. FORECLOSURE DISCLOSURE: Property is in pre-foreclosure with a recorded Notice of Default. Any potential short sale is subject to bank approval. Buyer to verify any lender timelines. Community features include a shared garage, HOA-maintained exterior and common areas, and on-site laundry provided through the HOA (pay-per-use). Minutes from American River College, shopping centers, dining, parks, and major routes including I-80. Close to the American River Parkway for outdoor recreation. Updated photos coming soon. Features: Two-story layout; kitchen, dining, and living area on lower level; 2 bedrooms + 1 full bath upstairs; sold as-is; shared garage; HOA laundry; HOA-maintained exterior; near ARC, shopping, dining, I-80, parks, and the American River Parkway.

Nearby schools

2/10
Cameron Ranch Elementary School
Public,•K-5•1.2mi
7/10
Harry Dewey Fundamental Elementary School
Public,•K-6•1.8mi
6/10
Winston Churchill Middle School
Public,•6-8•2.4mi
6/10
Mira Loma High School
Public,•9-12•2.7mi

Price History

Date
Event
Price
12/12/25
Price Change
$180,000-18.2%
11/11/25
Price Change
$220,000
03/01/04
Sold
$132,000
09/26/03
Sold
$115,500
Condition Rating
Poor
This 1969-built condominium is explicitly listed 'as-is' with the description highlighting an 'opportunity to update as needed,' and the AI analysis confirms it 'likely requires substantial updates and repairs.' With no interior photos provided, especially for the kitchen and bathroom, and considering the property's age, it's highly probable these areas are original or very outdated, requiring full renovation. The pre-foreclosure status often indicates deferred maintenance. This aligns with the 'poor' condition criteria, signifying a need for substantial repairs and rehabilitation rather than just minor updates.
Pros & Cons

Pros

Strategic Location: The property boasts a highly convenient location, minutes from American River College, diverse shopping centers, dining options, parks, major routes like I-80, and the American River Parkway for outdoor recreation.
HOA Benefits & Maintenance: The Homeowners Association (HOA) handles exterior and common area maintenance, reducing owner responsibility, and includes a shared garage for convenient parking.
Value-Add Opportunity: Sold 'as-is' and with a recent price reduction from $220,000 to $180,000, this property presents a significant opportunity for buyers to customize, renovate, and build equity.
Affordable Price Point: With a list price of $180,000, it offers an accessible entry point into the Sacramento real estate market for first-time homebuyers or investors.
Functional Two-Story Layout: The practical two-story design separates living areas on the lower level from the bedrooms upstairs, providing a clear distinction and enhanced privacy.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 840, other record living area = 795.
Pre-Foreclosure Complexity: The property is in pre-foreclosure with a recorded Notice of Default, indicating a potentially complex transaction, possible delays, and the necessity of bank approval for any short sale.
As-Is Condition & Age: Built in 1969 and sold 'as-is,' the unit likely requires substantial updates and repairs, which will necessitate additional investment beyond the purchase price.
Limited Amenities & Space: With only one full bathroom for two bedrooms and a compact 840 sqft, the property may not cater to buyers seeking more spacious living or additional bathroom facilities.

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