6118 Rutland Dr, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 2 bath
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Carmichael, CA 95608
This property presents a High-Potential Investment Opportunity with a List Price of $415,000—positioned well below the $426,593 Fair Market Value by 2%. This valuation gap offers $11,593 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires modernization, yet the 8,230 sqft lot provides significant upside for expansion. Located near Charles Peck Elementary, this is a value-add acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6118 Rutland Dr Subject | $415,000* List Price | 3 | 2 | 1,393 | $306 | - |
A 5117 Schuyler Drive Sold | $500,000 | 3 | 2 | 1,381 | $362 | 0.2 mi |
B 6430 Rexford Way Sold | $450,000 | 3 | 2 | 1,162 | $387 | 0.6 mi |
C 6334 Appian Way Sold | $499,900 | 3 | 2 | 1,367 | $366 | 0.3 mi |
D 5831 Hesper Way Sold | $495,000 | 3 | 2 | 1,701 | $291 | 0.7 mi |
E 5621 Sapunor Way Sold | $464,500 | 3 | 2 | 1,264 | $367 | 0.4 mi |
F 6333 Meadowvista Drive Sold | $519,000 | 3 | 3 | 1,867 | $278 | 0.4 mi |
G 5262 E Flagstone Street Pending | $449,999 List Price | 3 | 2 | 1,338 | $336 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, the property is dated but functional. The kitchen shows a mid-range renovation likely 15-25 years ago with granite counters and oak cabinets, but appliances and flooring are aged. Presence of popcorn ceilings, basic carpeting, and a yard requiring significant landscaping align with the 'Fair' criteria needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8230, living area = 1393.
The property is ideally situated near shopping, transportation, and freeway access, with Charles Peck Elementary located just 0.15 miles away.
The 8,230 sqft usable lot provides a spacious backyard with significant room for future improvements, landscaping, or outdoor entertaining.
Built in 1959, the home requires updates to meet contemporary standards, implying a need for immediate capital investment for renovations.
While the home is conveniently located near several schools, the immediate neighborhood elementary and high schools currently hold lower performance ratings.
Single-story 3 bedroom, 2 bathroom Carmichael home with a comfortable floor plan and tremendous potential to update and personalize. Usable backyard with room for future improvement. Conveniently located near schools, shopping, transportation, freeway access, and more. Excellent opportunity.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-6 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,393 | 1,729.5 | 28% |
| Lot Size | 8,230 | 9,224 | 33% |
| Price | $415.0K | $571.2K | 5% |
| Price per sq ft | $298 | $360 | 14% |
| Built year | 1959 | 1963 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 174 | 1% |
May 25, 2026
$415,000
Initial Listing