
Carmichael, CA 95608
This Single Family Residence presents a Strong Value Opportunity, listed at $559,000—positioned well below the $562,825 Fair Market Value by 0.68%. This valuation gap offers $3,825 in Instant Equity. With a Condition Rating of 4, the home features a newer roof and a private backyard oasis with a hot tub, though it requires cosmetic updates. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through personalized renovations in a well-established Carmichael neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6930 Lisa Marie Way Subject | $559,000* List Price | 3 | 2 | 1,892 | $297 | - |
A 6450 Perrin Way Sold | $575,000 | 4 | 3 | 1,849 | $311 | 0.8 mi |
B 4040 Alex Lane Sold | $530,000 | 3 | 2 | 1,725 | $307 | 0.5 mi |
C 6439 Rolling Way Sold | $585,000 | 4 | 2 | 1,837 | $318 | 0.7 mi |
D 6919 Lisa Marie Way Sold | $707,000 | 4 | 3 | 2,248 | $315 | 0.0 mi |
E 6836 Westmore Way Sold | $650,000 | 4 | 2 | 2,092 | $311 | 0.3 mi |
F 3910 La Honda Way Sold | $695,000 | 4 | 3 | 2,300 | $302 | 0.7 mi |
G 4412 Otis Court Sold | $665,000 | 4 | 3 | 2,101 | $317 | 0.9 mi |
H 6446 Perrin Way Active | $535,000 List Price | 3 | 2 | 1,700 | $315 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972 and maintained by the original owner, the home is functional but significantly dated. While the kitchen has been partially modernized and the roof is newer, the interior features peeling wallpaper, older carpeting, and 1970s-style architectural details that require cosmetic updates and minor renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7649, living area = 1892.
The property features a beautifully landscaped backyard with a built-in water feature, hot tub, and drip irrigation system, providing a private and serene environment for relaxation.
The extra-large primary bedroom includes French doors that open directly to the backyard, offering a premium layout feature that enhances the home's indoor-outdoor flow.
The home is identified as needing minor renovations to update its 1972 original condition, which may require additional immediate investment from the buyer.
While the local elementary school is well-rated, the assigned middle and high schools have lower ratings, which could be a consideration for families prioritizing education.
Rare opportunity to make this your home with minor renovations. This 3-bedroom, 2-bath home, with almost 1900 sf, near Glen Oaks Swim and Tennis Club, has been lovingly cared for and maintained by the original owner. The yard is beautifully landscaped with a drip irrigation system and a peaceful, relaxing backyard with a built-in water feature and hot tub. Inside, there is a large living room and a family room, plus a more modern kitchen with space for a sitting area and an indoor laundry room. The primary bedroom is an extra-large room with French doors to the backyard. It has a newer roof, and the garage has cabinets for extra storage or room for a workspace.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.9 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,892 | - |
| Lot Size | 7,649 | - |
| Price | $559.0K | $576.3K |
| Price per sq ft | $295 | $376 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 35 |
Jul 18, 2026
$559,000
Initial Listing