
Carmichael, CA 95608
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $560,000—positioned well below the $565,359 Fair Market Value by 0.95%. This valuation gap offers $5,359 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, updated baths, and a private backyard with a Spa and Deck. Located near the American River, it offers a peaceful lifestyle. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5125 Melvin Drive Subject | $560,000* List Price | 3 | 2 | 1,339 | $422 | - |
A 4845 Hazelwood Avenue Sold | $527,000 | 3 | 2 | 1,134 | $465 | 0.4 mi |
B 2300 Homewood Way Sold | $593,850 | 4 | 2 | 1,369 | $434 | 0.4 mi |
C 2033 Santa Lucia Way Sold | $675,000 | 3 | 2 | 1,523 | $443 | 0.7 mi |
D 2021 Mission Avenue Sold | $555,000 | 3 | 2 | 1,338 | $415 | 0.7 mi |
E 2428 Upham Court Active | $475,000 List Price | 3 | 1 | 1,308 | $363 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1957, the property has undergone significant renovations within the 5-15 year range. Key updates include a modernized kitchen with granite countertops and stainless steel appliances, updated bathrooms, and newer HVAC and plumbing fixtures. The home is well-maintained and move-in ready.
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 = 1339.
The expansive 10,062 sqft lot features a private backyard retreat with a deck, spa, and a diverse collection of mature fruit trees, providing a premium space for relaxation and entertainment.
The property has been thoughtfully updated with a newer HVAC system, board-and-batten siding, and remodeled bathrooms, reducing immediate capital expenditure for the buyer.
With 1,339 square feet of living area, the interior layout may feel somewhat restrictive for buyers seeking larger communal spaces or dedicated home offices.
While the high school is highly rated, the assigned K-8 school currently holds a lower rating, which may be a consideration for families prioritizing specific educational metrics.
Welcome to 5125 Melvin Dr, a much-loved Carmichael home tucked along a quiet, low-traffic U-shaped street with a peaceful neighborhood feel. Inside, the inviting living room features hardwood floors, great natural light, and a cozy gas fireplace with remote. A lovely French door opens to a beautiful backyard retreat lined with mature fruit trees, including avocado, lemon, orange, kumquat, and grapefruit. The kitchen overlooks the attractive front yard and features black granite countertops, stainless steel appliances, and a warm, functional layout. The updated hall bath and enlarged primary shower add modern comfort and style. Step outside and enjoy a spacious backyard with a deck, spa, covered patio, mature landscaping, and plenty of room to relax or entertain. Additional improvements include board-and-batten siding, exterior paint, Graber blinds, vertical blinds, interior paint, HVAC, toilets, and faucets. Close to shopping, restaurants, American River access, and the bike trail.
No exterior & parking available.
Grades K-6 • 4.0 mi
Grades K-8 • 0.6 mi
Grades 6-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,339 | - |
| Lot Size | 10,062 | - |
| Price | $560.0K | $576.3K |
| Price per sq ft | $418 | $376 |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 12 | 35 |
Jul 10, 2026
$560,000
Initial Listing
Jun 23, 2017
$371,000
Public Record