
Carmichael, CA 95608
This property presents a Strong Value Opportunity with a List Price of $379,000—positioned well below the $410,871 Fair Market Value by 7%. This valuation gap offers $31,871 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home serves as a blank canvas with original hardwood floors and a functional layout. With a generous 6,534 sqft lot and a private patio, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6430 Belgrove Way Subject | $379,000* List Price | 3 | 2 | 1,162 | $354 | - |
A 6406 Templeton Drive Sold | $420,000 | 3 | 2 | 1,134 | $370 | 0.1 mi |
B 5613 Sapunor Way Sold | $415,000 | 3 | 2 | 1,120 | $371 | 0.6 mi |
C 6430 Rexford Way Sold | $450,000 | 3 | 2 | 1,162 | $387 | 0.0 mi |
D 6224 Templeton Drive Sold | $415,000 | 3 | 1 | 1,040 | $399 | 0.4 mi |
E 6316 Templeton Drive Sold | $440,000 | 3 | 2 | 1,134 | $388 | 0.2 mi |
F 5616 Sapunor Way Sold | $432,500 | 3 | 2 | 1,078 | $401 | 0.6 mi |
G 6606 Rexford Way Sold | $484,900 | 3 | 2 | 1,221 | $397 | 0.2 mi |
H 6206 Coyle Avenue Pending | $399,900 List Price | 3 | 2 | 1,160 | $345 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the home is over 60 years old and largely original. While the kitchen has received recent cosmetic updates (butcher block counters, farmhouse sink, backsplash), the bathrooms and overall finishes remain dated. The listing describes the property as a 'blank canvas' and a 'project,' indicating it needs minor repairs and modernization to meet current standards.
Priced competitively as a 'blank canvas,' this property offers significant equity-building potential for investors or first-time buyers looking to customize finishes rather than paying for a premium remodel.
The home features desirable original hardwood floors and a classic brick fireplace, complemented by tasteful kitchen updates including butcher block countertops and a farmhouse sink.
Situated on a generous 6,534 square foot lot, the property provides a large backyard that is ideal for gardening, entertaining, or future expansion in an established neighborhood.
As the property is marketed for its potential rather than its current state, buyers should anticipate additional capital expenditure to update the remaining original finishes and systems.
With only 1,162 square feet for a three-bedroom, two-bathroom layout, the interior proportions may feel tight for larger families or those requiring spacious common areas.
Opportunity doesn't always come wrapped in a brand new remodel. Sometimes it comes in the form of solid construction, a functional floor plan, and the chance to make a home truly your own. Step inside to find original hardwood floors that bring warmth and character to the spacious living room, where a classic brick fireplace creates a natural gathering place. Large windows fill the home with natural light, while the layout flows comfortably from the living area into the kitchen and dining space. The kitchen has already received a few thoughtful updates including butcher block countertops, a farmhouse sink, subway tile backsplash, and updated hardware, blending timeless charm with everyday functionality. The rest of the home offers a blank canvas for someone looking to personalize the finishes while building equity. Outside, the generous backyard provides room to garden, entertain, play, or simply enjoy the space that is becoming harder to find. Whether you're a first time buyer looking for an affordable way into homeownership, an investor searching for your next project, or someone who appreciates the character of an established neighborhood, this home offers an opportunity to create value instead of paying for someone else's remodel. Priced to invite attention, this is the kind of home that doesn't come around often. Come see the potential for yourself!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,162 | - |
| Lot Size | 6,534 | - |
| Price | $379.0K | $576.3K |
| Price per sq ft | $326 | $376 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 35 |
Jul 16, 2026
$379,000
Initial Listing
Jul 21, 2020
$315,000
Public Record
Feb 19, 2004
$242,000
Public Record