5924 Meghan Way, Sacramento, CA 95842, Sacramento, 95842 - 3 bed, 2 bath
5924 Meghan Way
Sacramento, CA 95842
Property Price
SUMMARY
Analysis of 5924 Meghan Way, Sacramento, CA 95842 reveals a Fairly Priced Property with a current list price of $445,000 aligned with the estimated $445,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5924 Meghan Way Subject | $445,000* List Price | 3 | 2 | 1,353 | $329 | - |
A 5541 Malibu Palm Court Sold | $465,000 | 3 | 3 | 1,601 | $290 | 0.5 mi |
B 5517 Malibu Palm Court Sold | $453,000 | 3 | 2 | 1,522 | $298 | 0.6 mi |
C 4736 Willowbrook Drive Sold | $385,000 | 3 | 2 | 1,240 | $310 | 0.1 mi |
D 6079 Springhaven Circle Sold | $420,000 | 3 | 2 | 1,092 | $385 | 0.2 mi |
E 6025 Brett Drive Pending | $425,000 List Price | 3 | 2 | 1,269 | $335 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. Key features include a fully remodeled kitchen with custom cabinetry and granite countertops, refreshed bathrooms with modern vanities and water-saving fixtures, and the installation of a tankless water heater. Despite its 1963 build date, the home is in move-in ready condition with updated systems and high-quality finishes throughout, meeting the criteria for an extensively renovated property within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Kitchen
The kitchen features high-end updates including custom cabinetry and granite countertops, offering a contemporary feel that is highly desirable for modern homeowners.
- Energy-Efficient Upgrades
The property includes a tankless water heater, providing endless hot water and improved energy efficiency, which is a significant upgrade for a home of this era.
- Turnkey Condition
With refreshed bathrooms and light-filled living spaces, this home is move-in ready, allowing buyers to avoid the immediate expense and stress of renovations.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1963, the home may have underlying structural or system components nearing the end of their lifespan, despite the recent cosmetic and kitchen updates.
- Modest School Ratings
The assigned schools have relatively low ratings, with some as low as 2 out of 10, which could be a concern for families and potentially impact future appreciation.
About 5924 Meghan Way
Welcome home! This beautifully updated 3-bedroom, 2-bath residence offers 1,353 sq. ft. of inviting living space. The remodeled kitchen is a true standout with custom cabinets, granite countertops, and plenty of storage. Bathrooms have been refreshed with modern vanities and water-saving fixtures, blending style and function. Additional features include a tankless water heater for energy efficiency and endless hot water. Light-filled living areas, a practical floor plan, and tasteful upgrades throughout make this home move-in ready. Ideal for first-time buyers, it's the perfect place to start creating lasting memories.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 5,227 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
Woodridge Elementary School
Grades K-4 • 0.3 mi
Hillsdale Elementary School
Grades K-6 • 0.7 mi
Warren A. Allison Elementary School
Grades K-6 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,353 | 1,206 | 65% |
| Lot Size | 5,227 | 6,636.5 | 20% |
| Price | $445.0K | $425.0K | 63% |
| Price per sq ft | $329 | $339 | 45% |
| Built year | 1963 | 1977 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 184 | 169 | 65% |
Pricing History
Listed for Sale
Sep 4, 2025
$445,000
Initial Listing
Sold
Aug 25, 2008
$132,000
Public Record
Sold
Jul 2, 2001
$125,000
Public Record