
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 4 bd · 2 ba · 1,994 sqft · $253 | $446,795* List Price | 4 | 2 | 1,994 | $253 | - |
A 6118 Rutland Dr Sold 3 bd · 2 ba · 1,393 sqft · $287 · 0.7 mi | $400,000 | 3 | 2 | 1,393 | $287 | 0.7 mi |
B 5164 Patti Jo Drive Pending 3 bd · 2 ba · 1,721 sqft · $290 · 0.6 mi | $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.
CHECK OUT THE NEW PRICE AND YOU'LL RECEIVE A $5,000 CREDIT FOR BUY DOWN OR PRICE ADJUSTMENT - YOUR CHOICE! This spacious four bedroom, 2 bath 1900+- sg ft single story Carmichael home has nearly everything you would want. From a beautifully landscaped backyard featuring a large pool, fruit trees, grassy area, and private gated covered patio, perfect for hosting and entertaining all year round. The home also features artificial grass in the front yard, stamped concrete driveway/walkway, NEWER ROOF (2024) and ANDERSON vinyl dual pane windows, creating a more efficient and comfortable home. The kitchen features a huge kitchen island, more than ample storage and a formal dining area. The formal living room features a custom floor to ceiling lava rock fireplace. There's also a separate large family room/bonus room with a sliding glass door to the gated covered patio. The converted garage (4th bedroom) is great for extended family or a work from home office. Plus ample storage behind the roll up garage door. Separate laundry room with more storage 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 | 3.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 1,994 | 1,856.281 |
| Lot Size | 6,970 | 9,971.489 |
| Price | $446.8K | $608.9K |
| Price per sq ft | $224 | $347 |
| Built year | 1962 | 1964 |
| HOA | $0 | $192 |
| Days on market | 54 | 48 |
Oct 6, 2026
$446,795
$460,000
-3% Price Drop
Initial Listing
Sep 26, 2026
$460,000
$475,000
-3% Price Drop
Initial Listing
Aug 31, 2026
$475,000
Initial Listing