RealKey
‪(213) 433-7766‬

5642 Madison Avenue 2, Sacramento, CA 95841, Sacramento, 95841 - 2 bed, 1 bath

5642 Madison Avenue 2, Sacramento, CA 95841 home-pic-0
ACTIVE$180,000
5642 Madison Avenue 2, Sacramento, CA 95841
2Beds
1Bath
840Sqft
2,204Lot
Year Built
1969
Close
-
List price
$180K
Original List price
-
Price/Sqft
$214
HOA
$250
Days on market
-
Sold On
-
MLS number
225147036
Home ConditionFair
Features
View-

About this home

We found 3 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%
11/25/25
Price Change
$220,000
11/27/18
Sold
$152,000
09/17/12
Sold
$25,000
08/16/10
Sold
$43,000
03/07/03
Sold
$105,000
Condition Rating
Fair
The property was built in 1969, making it 55 years old. The listing explicitly states it is 'sold as-is, giving the next owner an opportunity to update as needed,' which strongly indicates that significant cosmetic and potentially some functional updates are required. While the exterior appears maintained from the provided image, there are no interior photos of the kitchen or bathroom, which are critical for assessing condition. The absence of these photos, coupled with the 'as-is' disclosure, suggests these areas are likely outdated and in need of renovation. This aligns with the 'Fair' category, indicating an aged home that requires minor to moderate updates or repairs, with major components functional but showing signs of being outdated.
Pros & Cons

Pros

Strategic Location: Conveniently located in Sacramento with excellent access to major routes (I-80), American River College, shopping centers, dining, and parks.
Outdoor Recreation Proximity: Direct access to the American River Parkway offers abundant opportunities for outdoor activities and recreation.
HOA-Maintained Exterior: The HOA manages and maintains the exterior and common areas, reducing the owner's responsibility for upkeep.
Shared Garage: The community features a shared garage, providing a valuable amenity for parking or additional storage.
Value Opportunity: The recent price reduction to $180,000, especially in a pre-foreclosure scenario, presents a potentially attractive investment for buyers seeking a deal.

Cons

Pre-Foreclosure & As-Is Sale: The property is in pre-foreclosure with a Notice of Default, requiring bank approval for a short sale, and is sold 'as-is,' implying necessary repairs or updates.
Limited Modern Amenities: The unit features only one bathroom for two bedrooms, an older build year (1969), and shared, pay-per-use HOA laundry, indicating a lack of modern conveniences.
Compact Living Space & School Rating: At 840 sqft, the living space is relatively compact, and the proximity to a low-rated elementary school (Cameron Ranch, rating 2) may be a concern for families.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state