7032 Fair Oaks Boulevard 1, Carmichael, CA 95608, Carmichael, 95608 - 3 bed, 3 bath
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Carmichael, CA 95608
This Spacious Updated Townhome is a High-Potential Investment Opportunity, listed at $269,500—positioned well below the $309,083 Fair Market Value by 12%. This valuation gap offers $39,583 in Instant Equity for the incoming owner. Featuring a Condition Rating of 3, the interior boasts a modernized Granite Kitchen, Stainless-Steel Appliances, and new Luxury Vinyl Plank Floors. Located directly across from Carmichael Park with a desirable Park View, the property seamlessly balances lifestyle convenience with significant financial upside. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7032 Fair Oaks Boulevard 1 Subject | $269,500* List Price | 3 | 3 | 1,245 | $248 | - |
A 3928 Park Circle Lane C Sold | $335,000 | 2 | 2 | 1,400 | $239 | 0.7 mi |
B 3997 Park Circle Lane B Sold | $300,000 | 2 | 2 | 1,234 | $243 | 0.8 mi |
C 7032 Fair Oaks Boulevard 5 Active | $250,000 List Price | 2 | 2 | 1,046 | $239 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent updates that elevate it above a 'fair' condition despite its 1974 build date. Key improvements include new luxury vinyl plank flooring, fresh interior paint, and a modernized kitchen equipped with granite slab countertops and stainless steel appliances. While some original elements remain, such as popcorn ceilings and older-style bathroom shower enclosures, the overall presentation is well-maintained with functional systems and updated surfaces.
Situated directly across from Carmichael Park and within walking distance to dining and groceries, the property offers exceptional lifestyle convenience and immediate access to recreational amenities.
The home features significant recent upgrades including new luxury vinyl plank flooring, fresh interior paint, and a modernized kitchen with granite countertops and stainless steel appliances.
The association dues cover an extensive list of utilities and maintenance items, including water, hot water, garbage, and exterior upkeep, providing a simplified, low-maintenance lifestyle.
At $512 per month, the HOA dues represent a substantial recurring expense that may impact buyer affordability and overall monthly carrying costs.
Multiple recent price reductions from the original list price suggest the property has struggled to attract buyers at its initial valuation, potentially reflecting concerns over the 1974 build year.
* * SELLER NOW OFFERING TO PAY 1 YEAR OF HOA DUES UPFRONT - A $6144 VALUE * * A Place to Call Home in the heart of Carmichael that boasts Walkability and desirable Lifestyle Conveniences. This Open and Spacious Floor Plan has so much to offer, starting with New Luxury Vinyl Plank Floors, Gas Fireplace, Dual Pane Windows, Open Beam Ceilings, and Fresh Interior Paint. The Kitchen features Maple Cabinets, Granite Slab Countertops, and Stainless-Steel Appliances. In addition to the living room, dining room, and kitchen, downstairs also offers a closet for your very own *Inside laundry*, a private back patio for your enjoyment, and a half bathroom. Upstairs, you'll discover 3 well-sized bedrooms, including a primary suite boasting a walk-in closet and covered balcony! Across the street, Carmichael Park features a weekend farmers market, summer concert series, tennis and basketball courts, sports fields, playground, dog park, and picnic areas. Parkview Townhomes is also close to the walking and biking trails at the American River Parkway, various fishing spots, Ancil Hoffman golf and recreational space, and Effie Yeaw Nature Center. Enjoy walkability to grocery stores, dining spots, and coffee houses! The Parkview Townhomes offers a community pool, and the monthly dues includes structural insurance, roof and exterior maintenance, common areas, water usage and hot water, garbage, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 1,245 | 1,234 | 53% |
| Lot Size | - | 697 | 47% |
| Price | $269.5K | $300.0K | 33% |
| Price per sq ft | $216 | $243 | 20% |
| Built year | 1974 | 1984 | 33% |
| HOA | $512 | $381 | 60% |
| Days on market | 85 | 211 | 13% |
Mar 25, 2026
$269,500
$274,900
-2% Price Drop
Initial Listing
Feb 28, 2026
$274,900
$279,900
-2% Price Drop
Initial Listing
Jan 27, 2026
$279,900
Initial Listing