
Carmichael, CA 95608
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $475,000—positioned well below the $522,394 Fair Market Value by 9%. This valuation gap offers $47,394 in Instant Equity. Featuring a Large Pool, Private Covered Patio, and Recent Infrastructure Upgrades like a newer roof and HVAC, the home is in Condition Rating 4. While the interior offers room for cosmetic modernization, the versatile floor plan is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6447 Rexford Way Subject | $475,000* List Price | 4 | 2 | 1,994 | $262 | - |
A 5417 Edgerly Way Sold | $465,000 | 3 | 2 | 1,505 | $309 | 0.5 mi |
B 5790 Cada Circle Sold | $450,000 | 3 | 1 | 1,492 | $302 | 0.3 mi |
C 6353 Edgerton Way Sold | $399,950 | 3 | 1 | 1,340 | $298 | 0.2 mi |
D 5164 Patti Jo Drive Pending | $499,900 List Price | 3 | 2 | 1,721 | $290 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features excellent system upgrades including a newer roof, HVAC, and Anderson dual-pane windows, the interior remains significantly dated. The 1962 construction is evident through the lava rock fireplace, wood paneling, and older carpeting, indicating the kitchen and bathrooms likely require modernization to meet current market standards.
The backyard is a standout feature, offering a large pool, fruit trees, and a private enclosed covered patio, perfect for hosting and summer recreation.
The home boasts significant recent improvements, including a newer roof, updated HVAC system, and Anderson dual pane windows, enhancing energy efficiency and reducing immediate maintenance costs.
With a remote bedroom and a separate large bonus room, the layout provides excellent flexibility for multi-generational living or a dedicated work-from-home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1994, other record living area = 1488. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Most of the assigned local schools have lower ratings (3 to 5 range), which may be a drawback for families prioritizing high-performing educational districts.
Built in 1962, the home features specific period details like a floor-to-ceiling lava rock fireplace that may require a renovation budget for buyers seeking a modern aesthetic.
Welcome, on the market for the first time ever. This spacious four bedroom, two bathroom single story Carmichael home has nearly everything you would want for your family. From a beautifully landscaped backyard featuring a large pool, fruit trees, grassy area, and private enclosed covered patio, perfect for hosting and entertaining your summer pool parties. The home also features artificial grass in the front yard, custom concrete driveway/walkway, newer roof and HVAC system and Anderson dual pane windows, creating a more efficient and comfortable home. The kitchen features a huge kitchen island, more than ample storage space and a formal dining room attached. The formal living room features a custom floor to ceiling lava rock fireplace. There's also a separate large family room/bonus room as well as a remote bedroom located on the opposite side of the house great for extended family or a work from home office. Separate laundry room with exterior access.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,994 | 1,713.891 |
| Lot Size | 6,970 | 9,593.696 |
| Price | $475.0K | $573.8K |
| Price per sq ft | $238 | $343 |
| Built year | 1962 | 1964 |
| HOA | $0 | $194 |
| Days on market | 9 | 43 |
Aug 31, 2026
$475,000
Initial Listing