5648 Madison Avenue 2, Sacramento, CA 95841, Sacramento, 95841 - 2 bed, 1 bath
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5648 Madison Avenue 2
Sacramento, CA 95841
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
840Sq Ft
0Lot Size
Property Price
LIST PRICE$265,000
EST. MARKET VALUE
$243,559
8% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $265,000—positioned slightly above the $243,560 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 2, showcasing significant recent upgrades including Granite Kitchen countertops, newer cabinetry, and dual-pane windows. This move-in-ready asset offers a functional open floor plan and a master walk-in closet, providing immediate comfort. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, updated residence in a central Sacramento location.
Estimated Market Value
$243,559
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 |
|---|---|---|---|---|---|---|
★ 5648 Madison Avenue 2 Subject 2 bd · 1 ba · 840 sqft · $290 | $265,000* List Price | 2 | 1 | 840 | $290 | - |
A 5128 Rhode Island Drive 2 Sold 2 bd · 1 ba · 840 sqft · $274 · 0.0 mi | $230,000 | 2 | 1 | 840 | $274 | 0.0 mi |
B 5122 Rhode Island Drive 3 Sold 2 bd · 1 ba · 840 sqft · $264 · 0.0 mi | $222,000 | 2 | 1 | 840 | $264 | 0.0 mi |
C 5612 Madison Avenue 2 Sold 2 bd · 1 ba · 840 sqft · $319 · 0.1 mi | $268,000 | 2 | 1 | 840 | $319 | 0.1 mi |
D 5630 Madison Avenue 1 Sold 2 bd · 1 ba · 795 sqft · $296 · 0.0 mi | $235,000 | 2 | 1 | 795 | $296 | 0.0 mi |
E 5100 Connecticut Drive #4 Sold 2 bd · 1 ba · 924 sqft · $255 · 0.2 mi | $236,000 | 2 | 1 | 924 | $255 | 0.2 mi |
F 5642 Madison Avenue 3 Active 2 bd · 1 ba · 840 sqft · $274 · 0.0 mi | $229,999 List Price | 2 | 1 | 840 | $274 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1969, the property has undergone a comprehensive recent renovation (likely <5 years) including a modern kitchen with newer shaker cabinets and granite countertops, updated bathroom vanity, new laminate flooring, dual-pane windows, and updated lighting throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Updates
The condo features significant recent upgrades including granite countertops, newer cabinetry, dual-pane windows, and laminate flooring, offering a move-in-ready experience for buyers.
- Competitive Price Point
Listed at $265,000, this property represents an excellent entry-level opportunity for first-time homebuyers or investors looking for a turnkey asset in the Sacramento market.
- Functional Layout and Storage
The open floor plan is complemented by a master bedroom featuring a walk-in closet, maximizing the utility and storage capacity of the 840-square-foot living space.
CONSRISKS & DEFICIENCIES
- Shared Laundry Facilities
The laundry area is shared among three units, which may be a drawback for buyers who prioritize the convenience and privacy of in-unit laundry hookups.
- Low Elementary School Rating
The assigned elementary school carries a low rating of 2, which could potentially limit the property's appeal to families specifically seeking high-performing school districts.
About 5648 Madison Avenue 2
Whether you're a first-time homebuyer or an investor looking for a great opportunity, this beautifully updated condo is ready to impress! Featuring an open floor plan with numerous recent improvements, this home offers comfort, style, and convenience. The kitchen features newer cabinets, newer granite countertops, and a newer stainless-steel sink, complemented by newer lighting fixtures in the kitchen and dining area. The home also offers newer dual-pane windows, and laminate wood-look flooring throughout the main living areas. The stairs feature newer carpet for added comfort. The bathroom has been refreshed with a newer vanity, lighting, and mirrors. The master bedroom offers a walk-in closet, providing excellent storage space. The Laundry is conveniently shared with 3 units This is the one you have been waiting for.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1969
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $235 / Month
Neighborhood Insights
Sacramento Unified Schools
Cameron Ranch Elementary School
Grades K-5 • 1.2 mi
2/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 1.8 mi
7/10
Winston Churchill Middle School
Grades 6-8 • 2.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.8 |
| Square foot | 840 | 1,038.082 |
| Lot Size | - | 1,678.212 |
| Price | $265.0K | $276.4K |
| Price per sq ft | $315 | $270 |
| Built year | 1969 | 1984 |
| HOA | $235 | $420 |
| Days on market | 43 | 62 |
Pricing History
Listed for Sale
Sep 11, 2026
$265,000
Initial Listing
Sold
May 17, 2021
$215,000
Public Record
Sold
Feb 16, 2016
$87,000
Public Record