4945 Patric, Carmichael, CA 95608, Carmichael, 95608 - 4 bed, 3 bath
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Carmichael, CA 95608
This Investor-Grade Fixer-Upper is listed at $570,000, representing a high-potential asset in Carmichael. While listed above the $492,790 Fair Market Value and its recent $515,000 acquisition price, the property offers significant upside through forced appreciation. The home carries a Condition Rating of 5 due to a gutted interior, yet features essential capital improvements including a New Roof, New A/C, and New Windows. With a Resealed Pool, Private Patio, and a 2,094 square foot layout, this is a strategic value-add project. It is perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4945 Patric Subject | $570,000* List Price | 4 | 3 | 2,094 | $235 | - |
A 3970 Rochdale Drive Sold | $599,000 | 4 | 3 | 1,996 | $300 | 0.5 mi |
B 4920 Patric Way Sold | $635,000 | 4 | 3 | 2,141 | $297 | 0.1 mi |
C 4219 Sharwood Way Sold | $500,000 | 4 | 2 | 1,778 | $281 | 0.4 mi |
D 4221 Waymar Court Active | $575,000 | 4 | 3 | 1,961 | $331 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is a mid-renovation fixer-upper that is currently uninhabitable. While the exterior has been improved with a new roof, new windows, and a new HVAC system, the interior is completely gutted. Images show exposed plywood subfloors, partially demolished bathrooms with missing tiles and fixtures, unfinished drywall, and a lack of functional kitchen facilities. Significant rehabilitation is required to make the home livable.
The property features a brand-new roof, new A/C system, and new windows, which are high-cost capital improvements that provide immediate value and peace of mind for any buyer.
The private backyard pool has been recently resealed, offering a significant lifestyle feature and enhancing the property's resale value in the Carmichael market.
With a spacious 2,094 square foot layout and four bedrooms in an established neighborhood, this home offers a substantial footprint for a high-return renovation project.
The property was recently sold within the past year on 2026-03-12. The sold price is $515,000.00.
Explicitly marketed as a fixer-upper, the property requires significant interior updates and vision to bring it up to modern living standards.
The home is being sold in as-is condition, which may limit traditional financing options and requires the buyer to assume all responsibility for necessary repairs and upgrades.
Investor Opportunity in Carmichael - Fixer Upper with Pool! New Roof, New A/C, New Windows, Pool recently resealed. Calling all investors, flippers, and savvy buyers! This property at 4945 Patric Way presents a fantastic opportunity to bring your vision to life. Situated in an established neighborhood, this home is ready for renovation and offers strong potential for value-add improvements. The property features a private backyard pool, offering great potential to create an inviting outdoor space and enhance overall value. Being sold as-is, this home is ideal for those looking to take on a remodel project. Whether you plan to flip, renovate and hold, or customize to your liking, the possibilities are endless. Conveniently located near shopping, dining, and commuter routes, this property combines location and opportunity. Don't miss this chance to transform this home into something special!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 2,094 | 1,707 | 79% |
| Lot Size | 8,276 | 9,583 | 35% |
| Price | $570.0K | $570.0K | 50% |
| Price per sq ft | $272 | $361 | 8% |
| Built year | 1968 | 1963 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 167 | 1% |
Apr 7, 2026
$570,000
Initial Listing
Mar 12, 2026
$515,000
Public Record
Sep 14, 2023
$458,000
Public Record
Aug 27, 2003
$330,000
Public Record