5037 Sugar Lane, Carmichael, CA 95608, Carmichael, 95608 - 4 bed, 4 bath
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5037 Sugar Lane
Carmichael, CA 95608
ACTIVE
CONDITION: FAIR
4Beds
4Baths
2,184Sq Ft
5,611Lot Size
Property Price
LIST PRICE$629,900
EST. MARKET VALUE
$611,709
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $629,900—positioned well above the $611,710 Fair Market Value by -2%. While the property requires capital for modernization, its 4-bedroom, 4-bathroom layout provides a rare configuration for multi-generational living. With a Fair Condition Rating and 1980s-era systems, the home serves as a blank canvas for value-add renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic cosmetic and system upgrades.
Estimated Market Value
$611,709
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 |
|---|---|---|---|---|---|---|
★ 5037 Sugar Lane Subject 4 bd · 4 ba · 2,184 sqft · $280 | $629,900* List Price | 4 | 4 | 2,184 | $280 | - |
A 5316 Engle Road Sold 3 bd · 2 ba · 1,751 sqft · $292 · 0.4 mi | $511,111 | 3 | 2 | 1,751 | $292 | 0.4 mi |
B 5307 Nyoda Way Pending 3 bd · 2 ba · 1,713 sqft · $326 · 0.4 mi | $559,000 List Price | 3 | 2 | 1,713 | $326 | 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 1981, this 45-year-old property falls into the 'Fair' category as it exceeds the 20-year age threshold for original systems. The exterior shows dated T1-11 siding and 1980s architectural styling; without evidence of a recent major renovation (within 15 years), the kitchen, baths, and HVAC systems are likely dated and will require modern updates and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Bed-to-Bath Ratio
With 4 bedrooms and 4 bathrooms, this property offers an exceptional layout for large families or multi-generational living, providing a rare level of privacy and convenience for every occupant.
- No HOA Fees
The property features a $0 association fee, offering the homeowner greater financial flexibility and freedom from restrictive community covenants often found in similar residential areas.
- Spacious Interior
At 2,184 square feet, the home provides a generous amount of living space for its price point, delivering a competitive price-per-square-foot value within the Carmichael market.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 5,611 square foot lot is relatively compact for a home of this size, which may result in a smaller backyard and limited space for outdoor entertaining or expansion.
- 1980s Era Construction
Built in 1981, the property may require updates to major systems or cosmetic renovations to meet modern energy efficiency standards and contemporary aesthetic preferences.
About 5037 Sugar Lane
Exceptional opportunity in Carmichael. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 5,611 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 4.0 | 2.3 |
| Square foot | 2,184 | 1,856.281 |
| Lot Size | 5,611 | 9,971.489 |
| Price | $629.9K | $608.9K |
| Price per sq ft | $288 | $347 |
| Built year | 1981 | 1964 |
| HOA | $0 | $192 |
| Days on market | 131 | 48 |
Pricing History
Listed for Sale
Jun 15, 2026
$629,900
Initial Listing
Sold
Oct 2, 2017
$362,500
Public Record