5650 Velma Way, Sacramento, CA 95824, Sacramento, 95824 - 2 bed, 1 bath
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5650 Velma Way
Sacramento, CA 95824
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
855Sq Ft
6,054Lot Size
Property Price
LIST PRICE$359,500
EST. MARKET VALUE
$356,728
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $369,000—positioned slightly above the $358,959 Fair Market Value. Featuring a Modern Interior Remodel with quartz countertops and stainless steel appliances, the property maintains an Excellent Condition Rating with a brand-new 2025 AC system and newer roof. The Flexible Floor Plan includes a versatile third room, maximizing the utility of its 855 sqft footprint. This move-in-ready home is an ideal acquisition for first-time buyers or downsizing owner-occupants seeking a low-maintenance, updated lifestyle.
Estimated Market Value
$356,728
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 |
|---|---|---|---|---|---|---|
★ 5650 Velma Way Subject 2 bd · 1 ba · 855 sqft · $417 | $359,500* List Price | 2 | 1 | 855 | $417 | - |
A 5641 34th Avenue Sold 2 bd · 1 ba · 1,025 sqft · $369 · 0.1 mi | $378,000 | 2 | 1 | 1,025 | $369 | 0.1 mi |
B 5558 35th Avenue Sold 3 bd · 1 ba · 1,025 sqft · $390 · 0.1 mi | $400,000 | 3 | 1 | 1,025 | $390 | 0.1 mi |
C 6310 38th Avenue Sold 3 bd · 1 ba · 1,053 sqft · $347 · 0.6 mi | $365,000 | 3 | 1 | 1,053 | $347 | 0.6 mi |
D 5900 64th Street Sold 3 bd · 1 ba · 1,041 sqft · $351 · 0.7 mi | $365,000 | 3 | 1 | 1,041 | $351 | 0.7 mi |
E 4504 37th Avenue Sold 2 bd · 1 ba · 805 sqft · $434 · 0.8 mi | $349,000 | 2 | 1 | 805 | $434 | 0.8 mi |
F 4420 37th Avenue Sold 2 bd · 2 ba · 878 sqft · $409 · 0.8 mi | $359,000 | 2 | 2 | 878 | $409 | 0.8 mi |
G 5650 Velma Way Active 2 bd · 1 ba · 855 sqft · $433 · 0.0 mi | $369,999 List Price | 2 | 1 | 855 | $433 | 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.
The property underwent a comprehensive remodel within the last 5 years, featuring a modern kitchen with quartz countertops and stainless steel appliances. Major systems are updated, including a brand-new AC and ducting replaced in 2025 and a newer roof, making it move-in ready with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Remodel
The home features high-end finishes including quartz countertops, stainless steel appliances, and new laminate flooring, offering a stylish, move-in-ready experience.
- Major System Upgrades
Significant investments in a brand-new AC system with ducting (2025) and a newer roof provide long-term peace of mind and reduced immediate maintenance costs.
- Flexible Floor Plan
The inclusion of a versatile third room with a walk-in closet provides valuable extra space for a home office or guest room, maximizing the utility of the footprint.
CONSRISKS & DEFICIENCIES
- Compact Living Area
At only 855 square feet, the interior living space is relatively small, which may be a constraint for growing families or those requiring significant storage.
- Single Bathroom Limitation
The property features only one bathroom, which can be a logistical drawback for multi-person households and may impact competitive resale value.
About 5650 Velma Way
Welcome to this beautifully remodeled 2-bedroom, 1-bath home featuring a flexible third room, perfect for a home office, nursery, or guest space, complete with a spacious walk-in closet. Flooded with natural light, this move-in-ready home offers an open-concept kitchen with stainless steel appliances, sleek quartz countertops, and modern finishes throughout. Brand-new laminate flooring flows seamlessly through the home, creating a clean and cohesive look. Major upgrades include a new AC system with all-new ducting replaced in 2025 and a newer roof, providing comfort and peace of mind. Situated in a quiet, peaceful neighborhood, this property also boasts a spacious backyard ideal for entertaining, gardening, or relaxing outdoors. Whether you're a first-time buyer or looking to downsize, this home truly checks all the boxes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 6,054 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 855 | 1,541.53 |
| Lot Size | 6,054 | 6,320.667 |
| Price | $359.5K | $503.2K |
| Price per sq ft | $420 | $331 |
| Built year | 1947 | 1975 |
| HOA | $0 | $130 |
| Days on market | 136 | 47 |
Pricing History
Listed for Sale
Jul 8, 2026
$359,500
$369,000
-3% Price Drop
Initial Listing
Price Change
Jun 10, 2026
$369,000
Initial Listing
Sold
Apr 23, 2025
$278,000
Public Record