5124 Boyd Drive, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
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5124 Boyd Drive
Carmichael, CA 95608
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,064Sq Ft
10,062Lot Size
Property Price
LIST PRICE$499,900
EST. MARKET VALUE
$453,993
10% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $499,900—positioned well above the $453,994 Fair Market Value by 10%. While the property carries a Condition Rating of 4, it features a 10,062 sqft lot and an updated kitchen, offering significant value-add potential. Located near Rio Americano High School, the home provides a stable foundation for long-term growth. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with substantial land utility.
Estimated Market Value
$453,993
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 |
|---|---|---|---|---|---|---|
★ 5124 Boyd Drive Subject | $499,900* List Price | 3 | 2 | 1,064 | $427 | - |
A 2312 Garfield Avenue Sold | $479,000 | 3 | 2 | 1,447 | $331 | 0.5 mi |
B 5633 Kenneth Avenue Sold | $410,000 | 2 | 1 | 768 | $534 | 0.8 mi |
C 5012 BOYD Drive Pending | $410,000 List Price | 3 | 2 | 962 | $426 | 0.1 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 1956, the home features a mix of updates and dated elements. While the kitchen is described as updated and the living areas show well-maintained hardwood floors, the bathroom displays dated tile work and cabinetry likely over 20 years old. The exterior shows minor driveway cracking and aged outbuildings, fitting the criteria for a functional but dated property needing minor cosmetic updates.
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 = 10062, living area = 1064.
- Expansive Lot Size
The property features a generous 10,062-square-foot lot, providing significant space for outdoor entertaining, gardening, or potential future structural expansions.
- Modern Interior Updates
The home includes a stylishly updated kitchen and beautiful hardwood floors, offering immediate move-in readiness and contemporary appeal.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At just 1,064 square feet for a three-bedroom layout, the interior living areas and bedrooms may feel small or constrained for some buyers.
- Vintage Infrastructure
Built in 1956, the home may possess aging utility systems or structural components typical of mid-century builds that require ongoing maintenance.
About 5124 Boyd Drive
Welcome to 5124 Boyd Drive, a charming three-bedroom, one-and-a-half-bath home in Carmichael. Inside, you'll find beautiful hardwood floors and an updated kitchen offering both style and functionality. The generously sized lot provides plenty of room for outdoor entertaining, gardening, play, or future possibilities. With its comfortable layout and desirable location, this inviting home is ready for its next owner.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 10,062 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 • 4.1 mi
7/10
Starr King K-8
Grades K-8 • 0.5 mi
3/10
Arden Middle School
Grades 6-8 • 2.2 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,064 | 1,713.891 |
| Lot Size | 10,062 | 9,593.696 |
| Price | $499.9K | $573.8K |
| Price per sq ft | $470 | $343 |
| Built year | 1956 | 1964 |
| HOA | $0 | $194 |
| Days on market | 6 | 43 |
Pricing History
Listed for Sale
Sep 3, 2026
$499,900
Initial Listing
Sold
Jul 28, 2000
$158,000
Public Record