2054 Walnut Ave, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
Loading property details...
2054 Walnut Ave
Carmichael, CA 95608
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,212Sq Ft
10,559Lot Size
Property Price
LIST PRICE$498,950
EST. MARKET VALUE
$493,614
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $509,950—positioned well below the $516,175 Fair Market Value by 1%. This valuation gap offers $6,225 in Instant Equity. Featuring a Mint Condition Rating with a new HVAC and roof, the home offers a spacious quarter-acre lot with significant ADU Potential. Located near Whole Foods and the American River, it provides a balanced lifestyle. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready home with long-term growth.
Estimated Market Value
$493,614
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 |
|---|---|---|---|---|---|---|
★ 2054 Walnut Ave Subject 3 bd · 2 ba · 1,212 sqft · $407 | $498,950* List Price | 3 | 2 | 1,212 | $407 | - |
A 2428 Upham Court Sold 3 bd · 1 ba · 1,308 sqft · $346 · 0.5 mi | $453,000 | 3 | 1 | 1,308 | $346 | 0.5 mi |
B 4941 Donovan Drive Sold 4 bd · 2 ba · 1,463 sqft · $386 · 0.2 mi | $565,000 | 4 | 2 | 1,463 | $386 | 0.2 mi |
C 2312 Garfield Avenue Sold 3 bd · 2 ba · 1,447 sqft · $331 · 0.6 mi | $479,000 | 3 | 2 | 1,447 | $331 | 0.6 mi |
D 2551 Lillian Lane Sold 3 bd · 2 ba · 1,258 sqft · $403 · 0.6 mi | $507,000 | 3 | 2 | 1,258 | $403 | 0.6 mi |
E 2101 Bircher Way Active 3 bd · 2 ba · 1,255 sqft · $418 · 0.4 mi | $524,900 List Price | 3 | 2 | 1,255 | $418 | 0.4 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 originally built in 1953, the property has undergone extensive renovations within the last 5 years, qualifying it for an excellent rating. Key updates include a brand-new HVAC system and roof. Visual data confirms a fully modernized kitchen and updated bathrooms with contemporary cabinetry, countertops, and tile work, rendering the home in mint, move-in-ready condition with no deferred maintenance.
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 = 10559, living area = 1212.
- Major System Upgrades
The property features a brand-new HVAC system and roof installed within the last five years, offering buyers significant peace of mind and reduced immediate maintenance costs.
- ADU & Expansion Potential
Situated on a generous quarter-acre lot, this property provides ample space and clear potential for an Accessory Dwelling Unit (ADU), ideal for rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- Recent Price Correction
The listing recently underwent a price reduction from $530,000 to $509,950 after 20 days on the market, which may indicate a need to adjust expectations relative to current buyer demand.
- Inconsistent School Ratings
While the high school is well-rated, the immediate K-8 school carries a lower rating of 3, which could be a significant consideration for families prioritizing top-tier primary education.
About 2054 Walnut Ave
Charming 3BR/2BA Home in Carmichael - Quarter-Acre Lot with ADU Potential! Welcome to this beautifully updated 3-bedroom, 2-bathroom home nestled in the heart of Carmichael. Set on a spacious quarter-acre lot, this property offers incredible outdoor space and exciting potential for an ADU (accessory dwelling unit) perfect for extended family, rental income, or a home office retreat. Major updates within the last 5 years include a brand-new HVAC system and roof, giving you peace of mind for years to come. Location, location, location! Walk to Starbucks and Whole Foods for your morning coffee and grocery runs, and enjoy easy access to the American River and Ancil Hoffman Park just minutes away ideal for hiking, biking, golfing, and outdoor recreation. Don't miss this rare opportunity to own a move-in-ready home with room to grow in one of Carmichael's most convenient neighborhoods!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 10,559 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
Carmichael Unified Schools
Harry Dewey Fundamental Elementary School
Grades K-6 • 4.3 mi
7/10
Starr King K-8
Grades K-8 • 0.4 mi
3/10
Arden Middle School
Grades 6-8 • 2.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,212 | 1,856.281 |
| Lot Size | 10,559 | 9,971.489 |
| Price | $498.9K | $608.9K |
| Price per sq ft | $412 | $347 |
| Built year | 1953 | 1964 |
| HOA | $0 | $192 |
| Days on market | 57 | 48 |
Pricing History
Listed for Sale
Sep 29, 2026
$498,950
$509,950
-2% Price Drop
Initial Listing
Price Change
Sep 4, 2026
$509,950
$530,000
-4% Price Drop
Initial Listing
Price Change
Aug 28, 2026
$530,000
Initial Listing
Sold
Dec 7, 2021
$420,000
Public Record
Sold
Sep 28, 2016
$270,000
Public Record
Sold
Apr 20, 2015
$170,000
Public Record
Sold
Apr 25, 2003
$206,500
Public Record