1005 Friars Ct, Carmichael, CA 95608, Carmichael, 95608 - 4 bed, 3 bath
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1005 Friars Ct
Carmichael, CA 95608
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,142Sq Ft
10,890Lot Size
Property Price
LIST PRICE$849,950
EST. MARKET VALUE
$871,518
SUMMARY
This Spacious Ranch Retreat is a High-Potential Investment Opportunity, listed at $899,950—positioned well above the $872,343 Fair Market Value by -3%. While the home requires modernization, its Condition Rating of 4 and recent cosmetic refreshes provide a solid foundation. Featuring a private pool and spa on a large 10,890 sqft lot, the property offers significant lifestyle appeal near top-rated schools like Rio Americano High. This is an ideal acquisition for Owner-Occupants seeking a value-add project or Buy-and-Hold Investors targeting long-term appreciation.
Estimated Market Value
$871,518
Based on Realkey algorithm analyzing recent comparable sales in Carmichael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1005 Friars Ct Subject 4 bd · 3 ba · 2,142 sqft · $407 | $849,950* List Price | 4 | 3 | 2,142 | $407 | - |
A 1076 Sand Bar Cir Sold 3 bd · 3 ba · 1,692 sqft · $458 · 0.2 mi | $775,000 | 3 | 3 | 1,692 | $458 | 0.2 mi |
B 1272 Gary Way Sold 4 bd · 3 ba · 2,144 sqft · $391 · 0.4 mi | $838,000 | 4 | 3 | 2,144 | $391 | 0.4 mi |
C 4831 Finlandia Way Sold 3 bd · 3 ba · 2,455 sqft · $377 · 0.2 mi | $925,000 | 3 | 3 | 2,455 | $377 | 0.2 mi |
D 1600 Copenhagen Way Sold 3 bd · 2 ba · 1,887 sqft · $387 · 0.8 mi | $730,000 | 3 | 2 | 1,887 | $387 | 0.8 mi |
E 1073 Harrington Way Sold 3 bd · 2 ba · 1,761 sqft · $483 · 0.1 mi | $850,000 | 3 | 2 | 1,761 | $483 | 0.1 mi |
F 4924 Olive Oak Way Sold 4 bd · 2 ba · 1,830 sqft · $327 · 0.8 mi | $598,000 | 4 | 2 | 1,830 | $327 | 0.8 mi |
G 1230 Jacob Lane Pending 4 bd · 4 ba · 2,172 sqft · $407 · 0.4 mi | $885,000 List Price | 4 | 4 | 2,172 | $407 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973, the home has received recent cosmetic updates including fresh interior paint and new wood laminate flooring. However, the kitchen and bathrooms remain largely in their original, dated condition and will require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 2142.
- Prime Location & Schools
Situated on a premier cul-de-sac near the American River Parkway and top-rated schools like Rio Americano High, offering significant long-term value and lifestyle appeal.
- Outdoor Living Oasis
The generous quarter-acre lot features a private pool and spa, providing a highly desirable space for relaxation and entertainment in the Carmichael climate.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
While cosmetically refreshed, the home retains much of its 1973 original character, suggesting that kitchens and bathrooms may require further capital investment to meet contemporary luxury standards.
- Aging Infrastructure
Given the 1970s construction, buyers should anticipate potential maintenance or efficiency upgrades for major systems like HVAC, roofing, or plumbing that may not have been recently updated.
About 1005 Friars Ct
Charming Ranch Retreat on a Premier Cul-de-Sac - 4BR/2.5BA with Pool & Spa Tucked away on a quiet cul-de-sac just minutes from the American River Parkway and Jesuit/Rio Americano HS, this single-story ranch home offers the space, privacy, and classic character today's buyers are searching for. Step inside to find fresh interior paint throughout and brand-new wood laminate flooring, creating a bright, clean palette ready for your personal touch. The home's original character shines through in its solid construction and classic ranch layout, ideal for easy single-level living. This is a rare opportunity to own a solid, well-cared-for home in a fantastic location bring your vision and make it your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Carmichael Unified Schools
Del Dayo Elementary School
Grades K-6 • 0.5 mi
7/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 5.4 mi
7/10
Arden Middle School
Grades 6-8 • 2.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,142 | 1,856.281 |
| Lot Size | 10,890 | 9,971.489 |
| Price | $850.0K | $608.9K |
| Price per sq ft | $397 | $347 |
| Built year | 1973 | 1964 |
| HOA | $0 | $192 |
| Days on market | 57 | 48 |
Pricing History
Listed for Sale
Oct 16, 2026
$849,950
$899,950
-6% Price Drop
Initial Listing
Price Change
Aug 28, 2026
$899,950
Initial Listing
Sold
Dec 12, 1996
$250,000
Public Record