2940 Walnut Avenue, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
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Carmichael, CA 95608
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $475,000—positioned well below the $481,039 Fair Market Value by 1.26%. This valuation gap offers $6,039 in Instant Equity. Featuring a Condition Rating of 3, the home includes a modern granite kitchen, updated HVAC, and fresh finishes. Situated on a massive 9,583 sq. ft. lot in the San Juan Unified School District, it is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready home with significant expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2940 Walnut Avenue Subject | $475,000* List Price | 3 | 2 | 1,140 | $422 | - |
A 3213 Smathers Way Sold | $500,000 | 3 | 2 | 1,140 | $439 | 0.3 mi |
B 4845 Hazelwood Avenue Sold | $527,000 | 3 | 2 | 1,134 | $465 | 0.6 mi |
C 3048 Garfield Avenue Sold | $436,000 | 3 | 2 | 1,114 | $391 | 0.5 mi |
D 3125 Kobrock Way Sold | $355,000 | 2 | 1 | 1,168 | $304 | 0.3 mi |
E 5125 Love Way Sold | $505,000 | 3 | 2 | 1,428 | $354 | 0.2 mi |
F 3129 Murchison Way Sold | $614,900 | 3 | 3 | 1,577 | $390 | 0.4 mi |
G 3236 Smathers Way Pending | $549,900 List Price | 3 | 2 | 1,296 | $424 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1950, the property has undergone a recent refresh including brand-new flooring, fresh interior paint, and an updated HVAC system. The kitchen features modern granite countertops and updated cabinetry, and the home is described as turnkey and move-in ready, fitting the criteria for a well-maintained renovation within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1140.
The massive 9,583 square foot lot offers rare outdoor space in Carmichael, providing significant room for landscaping, a pool, or a potential ADU expansion.
The home features a refreshed interior with an updated kitchen, new flooring, fresh paint, and a modern HVAC system, ensuring immediate move-in readiness.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,140 square feet of living space for a three-bedroom home, the interior layout may feel tight for those requiring larger communal areas or extensive storage.
The conversion of the garage into living space means the property lacks traditional covered parking, which may be a drawback for buyers prioritizing vehicle protection.
Welcome to this beautifully refreshed Carmichael gem, offering the perfect blend of modern updates and incredible future potential! Situated on a massive, canvas-like lot of over 9,500 square feet, this property provides a rare outdoor footprint with endless room to expand, landscape, or build your dream backyard oasis. Step inside to a light-filled, open-concept entry floor plan that flows effortlessly into the heart of the home. The updated kitchen is a home chef's delight, boasting sleek granite countertops, beautiful cabinetry, and plenty of workspace. Off the main living area, you will find a fantastic, spacious garage conversion complete with a large closet perfectly suited for a primary suite, family room, home office, or guest quarters. Enjoy ultimate peace of mind with an updated HVAC system, electrical panel, fresh interior paint from top to bottom, and brand-new flooring throughout the main living areas. Located in the highly desirable San Juan Unified School District and close to local parks, shopping, and dining, this is an unmatched opportunity to own a turnkey home with room to grow in the heart of Carmichael. Home does not face Walnut, come see the potential for yourself!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,140 | - |
| Lot Size | 9,583 | - |
| Price | $475.0K | $576.3K |
| Price per sq ft | $417 | $376 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 35 |
Jul 16, 2026
$475,000
Initial Listing
Apr 8, 2022
$450,000
Public Record
May 31, 2018
$285,000
Public Record
Oct 28, 2015
$240,000
Public Record
Oct 31, 2007
$240,000
Public Record