
Carmichael, CA 95608
This High-Potential Investment Opportunity is listed at $435,000, positioned well below the $452,848 Fair Market Value by 3%. This valuation gap provides $17,848 in Instant Equity. Featuring a Fair Condition Rating, the home offers a functional, single-story layout with no HOA or Mello-Roos, making it a prime candidate for cosmetic modernization. With its private backyard and open-concept design, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term value in a quiet Carmichael location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3415 Hunter Lane Subject | $435,000* List Price | 2 | 2 | 1,437 | $315 | - |
A 5128 Linda Lou Drive Sold | $551,000 | 3 | 2 | 1,673 | $329 | 0.7 mi |
B 5307 Nyoda Way Pending | $559,000 List Price | 3 | 2 | 1,713 | $326 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, the home is over 40 years old and remains largely in its original state regarding high-value areas. While the laminate flooring and interior paint appear updated, the kitchen and bathrooms are significantly dated, featuring original oak cabinetry, tile countertops with wide grout lines, and 1980s-style fixtures and lighting. The property is functional and move-in ready but requires aesthetic and system modernization to meet current market standards.
The absence of HOA fees and Mello-Roos assessments significantly lowers monthly carrying costs, making it a highly attractive opportunity for first-time buyers and investors.
The 1,437 sqft floor plan features vaulted ceilings and an open-concept kitchen, providing an airy, modern feel and excellent accessibility for downsizers.
Tucked away on a quiet lane, the property offers a private retreat while maintaining convenient proximity to Carmichael’s shopping, dining, and parks.
With only two bedrooms, the property may have limited appeal for growing families who typically require a minimum of three bedrooms in this market.
The 0.13-acre lot is relatively compact for the Carmichael area, which may deter buyers seeking significant outdoor space or room for expansion.
Discover a tucked-away Carmichael home offering privacy, space, and an inviting single-story floor plan. This 2-bedroom, 2-bath home offers 1,437 square feet of comfortable living space on approximately 0.13 acres with a NEW ROOF, no HOA and no Mello-Roos, making it an especially appealing opportunity for a first-time homebuyer, investor, downsizer, or anyone looking to get into the Carmichael market at an approachable price point. Step inside to an open and airy interior where vaulted ceilings enhance the sense of space and natural light, while laminate wood flooring creates a warm, cohesive feel throughout. At the heart of the home is an impressively sized kitchen with abundant room for cooking, gathering, and entertaining. The open-concept design allows the kitchen, dining, and living areas to flow seamlessly together, creating a functional and comfortable space for everyday living. Both bedrooms are generously proportioned, including a comfortable primary suite with its own private bath. The single-story design provides easy, convenient living with everything located on one level. Outside, the private backyard offers plenty of opportunity to create an outdoor retreat, garden, or entertaining space, while the manageable lot provides the benefits of a backyard without the upkeep of an oversized property. Quietly tucked away yet conveniently located near shopping, dining, parks, recreation, and everyday amenities, this home combines a desirable Carmichael location with a functional floor plan and plenty of potential. Whether you're purchasing your first home, downsizing, or adding to an investment portfolio, this is a well-priced opportunity to own a single-story home in Carmichael with **no HOA and no Mello-Roos.**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,437 | 1,713.891 |
| Lot Size | 5,793 | 9,593.696 |
| Price | $435.0K | $573.8K |
| Price per sq ft | $303 | $343 |
| Built year | 1984 | 1964 |
| HOA | $0 | $194 |
| Days on market | 11 | 43 |
Aug 29, 2026
$435,000
Initial Listing
May 28, 2019
$300,000
Public Record
Oct 29, 2003
$245,000
Public Record