5274 Heritage Drive, Carmichael, CA 95608, Carmichael, 95608 - 4 bed, 2 bath
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5274 Heritage Drive
Carmichael, CA 95608
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,620Sq Ft
7,301Lot Size
Property Price
LIST PRICE$549,900
EST. MARKET VALUE
$566,116
SUMMARY
This Move-In Ready Residential Home represents a Strong Value Opportunity, listed at $549,900—positioned well below the $566,117 Fair Market Value by 2%. This valuation gap provides $16,217 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes recent cosmetic updates, a pool and spa, and a spacious lot. Located within walking distance to local schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a functional, well-located family residence.
Estimated Market Value
$566,116
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 |
|---|---|---|---|---|---|---|
★ 5274 Heritage Drive Subject | $549,900* List Price | 4 | 2 | 1,620 | $349 | - |
A 6430 Sandstone Street Sold | $600,000 | 4 | 2 | 1,639 | $366 | 0.1 mi |
B 5417 Edgerly Way Sold | $465,000 | 3 | 2 | 1,505 | $309 | 0.5 mi |
C 6441 Rexford Way Sold | $598,900 | 3 | 2 | 1,688 | $355 | 0.6 mi |
D 6224 Saint James Drive Sold | $555,000 | 3 | 2 | 1,539 | $361 | 0.4 mi |
E 5166 Kipp Way Sold | $539,000 | 3 | 2 | 1,770 | $305 | 0.2 mi |
F 6334 Appian Way Sold | $499,900 | 3 | 2 | 1,367 | $366 | 0.2 mi |
G 6518 Markley Way Sold | $540,000 | 3 | 2 | 1,374 | $393 | 0.4 mi |
H 5220 Lynnadeane Court Active | $595,000 List Price | 3 | 2 | 1,781 | $334 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property has undergone a recent cosmetic refresh including new flooring, fresh interior and exterior paint, and updated bathroom fixtures. Although the kitchen cabinetry and countertops reflect an older style, the home is well-maintained, functional, and move-in ready as per the recent renovation description.
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 = 7301, living area = 1620.
- Move-In Ready Updates
The property has been thoughtfully refreshed with new interior and exterior paint, new flooring, and updated bathrooms, offering a modern aesthetic and immediate occupancy potential.
- Functional Family Layout
Featuring four bedrooms and 1,620 square feet of living space, the home provides a versatile and spacious floor plan suitable for growing families or multi-generational living.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1968, the property may have aging core systems such as plumbing, electrical, or roofing that were not specified as updated alongside the cosmetic improvements.
- Inconsistent School Ratings
While the location is convenient for students, the nearest elementary school carries a lower performance rating, which may impact long-term resale value for education-focused buyers.
About 5274 Heritage Drive
Welcome to this charming Carmichael home, thoughtfully refreshed and ready for its next owner! Recent updates include fresh interior and exterior paint, new flooring, and newly finished bathrooms, creating a fresh and inviting feel throughout. Enjoy comfortable living spaces and a home that's ready to make your own. Don't miss the opportunity to make this your new home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 7,301 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Carmichael Unified Schools
Charles Peck Elementary School
Grades K-5 • 0.2 mi
3/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 0.9 mi
7/10
Will Rogers Middle School
Grades 6-8 • 0.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,620 | 1,713.891 |
| Lot Size | 7,301 | 9,593.696 |
| Price | $549.9K | $573.8K |
| Price per sq ft | $339 | $343 |
| Built year | 1968 | 1964 |
| HOA | $0 | $194 |
| Days on market | 25 | 43 |
Pricing History
Listed for Sale
Aug 15, 2026
$549,900
Initial Listing
Sold
Feb 25, 2005
$433,000
Public Record
Sold
Aug 18, 2004
$341,000
Public Record