7032 E Fair Oaks Boulevard 20, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 3 bath
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7032 E Fair Oaks Boulevard 20
Carmichael, CA 95608
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,245Sq Ft
2,540Lot Size
Property Price
LIST PRICE$289,900
EST. MARKET VALUE
$297,200
SUMMARY
This Prime Investment Opportunity is listed at a List Price of $294,900—positioned well below the $301,786 Fair Market Value by 2%. This valuation gap offers $6,886 in Instant Equity for the buyer. Featuring a 3-bedroom, 3-bathroom layout and a Condition Rating of 3, the unit is move-in ready with modern updates. While the $473 HOA fee warrants consideration, the efficient floor plan and private patio make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Carmichael market.
Estimated Market Value
$297,200
Based on Realkey algorithm analyzing recent comparable sales in Carmichael.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7032 E Fair Oaks Boulevard 20 Subject | $289,900* List Price | 3 | 3 | 1,245 | $239 | - |
A 7032 Fair Oaks Boulevard 5 Sold | $240,000 | 2 | 2 | 1,046 | $229 | 0.0 mi |
B 4055 Alex Lane Sold | $333,500 | 2 | 3 | 1,305 | $256 | 1.0 mi |
C 3901 Park Circle Lane B Sold | $300,000 | 2 | 2 | 1,234 | $243 | 0.8 mi |
D 3961 Park Circle Lane C Sold | $345,000 | 2 | 2 | 1,400 | $246 | 0.8 mi |
E 7032 Fair Oaks Boulevard 1 Active | $259,000 List Price | 3 | 3 | 1,245 | $208 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1974, the interior shows clear signs of updates including modern laminate flooring and neutral paint. The unit appears well-maintained, functional, and move-in ready, suggesting a renovation within the last 5-15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value
Priced under $300,000 for a 3-bedroom, 3-bathroom unit, this property offers a highly competitive entry point into the Carmichael market compared to regional averages.
- High Utility Layout
The rare 3-bedroom and 3-bathroom configuration within 1,245 square feet provides an efficient and versatile living space suitable for families or multi-tenant rental opportunities.
- Prime Carmichael Location
Situated on Fair Oaks Boulevard, the property offers convenient access to local amenities, shopping, and dining in a well-established residential corridor.
CONSRISKS & DEFICIENCIES
- Significant HOA Dues
The monthly association fee of $473 is relatively high for this price point, which may impact the overall monthly affordability and debt-to-income ratio for buyers.
- Property Age
Built in 1974, the unit and complex may require updates to major systems or cosmetic renovations to meet modern aesthetic and energy-efficiency standards.
About 7032 E Fair Oaks Boulevard 20
Exceptional opportunity in Carmichael. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 2,540 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $473 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,245 | 1,154.333 |
| Lot Size | 2,540 | - |
| Price | $289.9K | $273.6K |
| Price per sq ft | $233 | $236 |
| Built year | 1974 | 1988 |
| HOA | $473 | $569 |
| Days on market | 31 | 84 |
Pricing History
Listed for Sale
Aug 29, 2026
$289,900
$294,900
-2% Price Drop
Initial Listing
Price Change
Aug 9, 2026
$294,900
Initial Listing
Sold
Mar 2, 2018
$204,000
Public Record
Sold
May 20, 2015
$144,500
Public Record
Sold
Apr 9, 2009
$104,500
Public Record
Sold
Feb 20, 2009
$104,500
Public Record