
Carmichael, CA 95608
in Instant Equity"
Since there is no equity potential (List > FMV), I will omit it.
* *Final check on the "Green Background Highlight" rule again*:
"Use when equity gap is significant (estimation_ratio >= 2)".
My ratio is -2. So no.
* *Wait, I'll check if I should use "Strong Value Opportunity" or "High-Potential Investment Opportunity"*.
Those are for estimation_ratio 5-9 or significant gaps. My gap is negative. So I will just use the classification **Value-Add Residential Asset**.
* *Wait, I'll check the "Required Bold Highlights" list*:
- Asset/Home Classification: **Value-Add Residential Asset**
- List Price: **$530,000**
- Fair Market Value: **$514,633**
- Equity Amount: N/A
- Key Features: **8,163 sq ft lot**, **private patio**
- Condition Rating: **Condition Rating of 4**
- Ideal Buyer Profile: <span class="text-blue-600 font-bold">Owner-Occupants</span>, <span class="text-purple-600 font-bold">first-time buyers</span>
* *Wait, I'll bold the schools too as they are key features*:
**Harry Dewey Fundamental Elementary**, **Del Campo High**, and **John Barrett
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6446 Perrin Way Subject | $515,000 | 3 | 2 | 1,700 | $303 | - |
A 6450 Perrin Way Sold | $575,000 | 4 | 3 | 1,849 | $311 | 0.0 mi |
B 6439 Rolling Way Sold | $585,000 | 4 | 2 | 1,837 | $318 | 0.1 mi |
C 6605 Penney Way Sold | $567,500 | 3 | 3 | 1,635 | $347 | 0.8 mi |
D 4939 Brookglen Way Sold | $583,000 | 3 | 2 | 1,935 | $301 | 0.6 mi |
E 4523 Jan Drive Sold | $615,000 | 3 | 2 | 1,744 | $353 | 0.2 mi |
F 5117 Schuyler Drive Sold | $500,000 | 3 | 2 | 1,381 | $362 | 0.8 mi |
G 5164 Patti Jo Drive Pending | $499,900 List Price | 3 | 2 | 1,721 | $290 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1971, making it over 50 years old. While described as 'well-maintained,' the images reveal significantly dated interior finishes. The kitchen features original wood cabinets, tiled countertops, and dated linoleum flooring, with older appliances (except for a newer refrigerator). The living areas have wood paneling, popcorn ceilings, and worn carpet. The entryway has dated wallpaper and tile. The overall aesthetic suggests that while the home is functional and has been cared for, it has not undergone major modern renovations in the last 30+ years. It is livable but requires substantial cosmetic updates to meet current styles and standards, aligning with the 'fair' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8163, living area = 1700.
Situated in the 'beloved Barrett Hills neighborhood' with excellent proximity to parks (O'Donnell Heritage Park), shopping, top-rated schools, and quick freeway access (I-80, Madison Ave) for commuting.
Described as 'well-maintained' and having only the 'second owner since its 1971 construction,' suggesting a history of care and stability.
Built in 1971, the property is over 50 years old, which may imply that some major systems (e.g., plumbing, electrical, roof) or components could be original or nearing the end of their lifespan, potentially requiring future capital expenditures.
While described as 'functional,' the absence of explicit mentions of recent renovations or modern updates suggests that interior finishes and design elements might be dated for some buyers, potentially necessitating cosmetic upgrades.
The property sold for $15,000 below its initial list price, which, while not a significant drop, indicates some negotiation or a slight overestimation of market value by the seller.
Welcome to this charming 3‑bed, 2‑bath single-story home nestled in the beloved Barrett Hills neighborhood. Boasting roughly 1,700 sq ft of living space on an 8,165 sq ft lot, this well-maintained ranch-style residence is only the second owner since its 1971 construction. This Inviting L‑shaped floorplan with central heating & air, and a cozy fireplace, bright living and dining areas with plenty of natural light, functional kitchen adjacent to living spaces. Three bedrooms, including a relaxing master suite with easy access to the yard. Two full bathrooms, catering to family or guests. Situated just minutes from local parks, shopping centers, and top-rated schools, including Thomas Kelly Elementary, Barrett Middle School, and Del Campo High. Nearby O'Donnell Heritage Park offers green space and walking trails, while quick access to Madison Avenue and I-80 makes commuting into Sacramento or surrounding areas a breeze. Whether you're a first-time buyer or looking to settle into a quiet, well-established community, this home offers timeless value, thoughtful ownership history, and a location that truly has it all.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.9 mi
Grades K-5 • 1.1 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 | 1,700 | 1,707 | 48% |
| Lot Size | 8,163 | 9,583 | 33% |
| Price | $515.0K | $567.5K | 33% |
| Price per sq ft | $303 | $361 | 19% |
| Built year | 1971 | 1963 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 219 | 167 | 79% |
Oct 17, 2025
$515,000
Public Record