7975 Lichen Dr, Citrus Heights, CA 95621, Citrus Heights, 95621 - 3 bed, 2 bath
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7975 Lichen Dr
Citrus Heights, CA 95621
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,104Sq Ft
5,227Lot Size
Property Price
LIST PRICE$419,000
EST. MARKET VALUE
$438,747
4% BelowMARKET VALUE
SUMMARY
This Spacious Single-Story Home is a Strong Value Opportunity, listed at $419,000—positioned well below the $438,747 Fair Market Value by 4%. This valuation gap offers $19,747 in Instant Equity. Featuring a Condition Rating of 2, the home includes a new roof, high-efficiency HVAC, and modern kitchen finishes. With an assumable 2.425% FHA loan, this property provides significant monthly savings. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready residence with exceptional financing terms.
Estimated Market Value
$438,747+$19,747 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Citrus Heights.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7975 Lichen Dr Subject 3 bd · 2 ba · 1,104 sqft · $397 | $419,000* List Price | 3 | 2 | 1,104 | $397 | - |
A 6528 Briartree Way Sold 3 bd · 2 ba · 1,184 sqft · $384 · 0.3 mi | $455,000 | 3 | 2 | 1,184 | $384 | 0.3 mi |
B 6805 Whyte Avenue Sold 3 bd · 2 ba · 1,162 sqft · $383 · 0.8 mi | $445,000 | 3 | 2 | 1,162 | $383 | 0.8 mi |
C 7826 Ashmont Street Sold 3 bd · 2 ba · 1,300 sqft · $342 · 0.6 mi | $445,000 | 3 | 2 | 1,300 | $342 | 0.6 mi |
D 6117 Sandwood Court Sold 2 bd · 2 ba · 1,114 sqft · $429 · 0.8 mi | $478,000 | 2 | 2 | 1,114 | $429 | 0.8 mi |
E 7940 Summerplace Drive Sold 3 bd · 2 ba · 1,025 sqft · $454 · 0.5 mi | $465,000 | 3 | 2 | 1,025 | $454 | 0.5 mi |
F 8321 Villaview Drive Sold 3 bd · 2 ba · 1,115 sqft · $399 · 0.6 mi | $445,000 | 3 | 2 | 1,115 | $399 | 0.6 mi |
G 7217 Circlet Way Sold 3 bd · 2 ba · 1,086 sqft · $442 · 0.9 mi | $480,000 | 3 | 2 | 1,086 | $442 | 0.9 mi |
H 6620 Twining Way Sold 4 bd · 2 ba · 1,258 sqft · $354 · 0.6 mi | $445,000 | 4 | 2 | 1,258 | $354 | 0.6 mi |
I 8069 Cornerstone Way Active 3 bd · 2 ba · 1,136 sqft · $404 · 0.4 mi | $459,000 List Price | 3 | 2 | 1,136 | $404 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a comprehensive recent renovation including a new roof, high-efficiency HVAC, and dual-pane windows. The interior is in mint condition with a modern kitchen (new cabinets, quartz countertops, stainless appliances), updated bathrooms with custom tile, and new wide-plank laminate flooring throughout, meeting the criteria for a recent high-quality renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Financing Opportunity
The property features a rare assumable FHA loan at a 2.425% interest rate, offering buyers a significant competitive advantage and lower monthly payments compared to current market rates.
- Comprehensive Modern Upgrades
The home has been extensively updated with a new roof, high-efficiency HVAC, dual-pane windows, and contemporary interior finishes including quartz countertops and wide-plank laminate flooring.
- Low-Maintenance Outdoor Living
The exterior boasts artificial turf and an extended concrete patio within a fully fenced lot, providing a functional and private space for entertaining with minimal upkeep required.
CONSRISKS & DEFICIENCIES
- Cosmetic TLC Needed
The listing indicates the home requires some cleanup and personalization, suggesting that while updated, it may not be in 100% turnkey condition.
- Compact Living Dimensions
With 1,104 square feet distributed across three bedrooms and two bathrooms, the interior living spaces and bedrooms may feel small for some families.
About 7975 Lichen Dr
ASSUMABLE 2.425% INTEREST RATE! Recently updated spacious single story home in a convenient Citrus Heights location close to schools, parks, shopping and easy highway access. Beautifully updated throughout with all new cabinets, quartz countertops, stainless steel appliances, wide plank laminate flooring, custom tile in bathrooms along with energy updates including; LED lighting, dual pane windows, high efficiency central heat & air and new roof! Desirable floor plan featuring a kitchen with abundant cabinetry, open dining area, spacious great room living area, three bedrooms including a primary suite with covered patio area all with plenty of natural light and storage including an attached two car garage. Large fully fenced lot with extended concrete patio area great for entertaining, artificial turf for low maintenance, fenced front yard perfect for animals all with a mix of mature trees and plants. With a little clean up and personalization this home is a great value with an assumable FHA loan at only 2.425% with less than 7% down to cover the difference in loan balance. Go back in time with the interest rate to get the right home at the right payment! HOME IS OCCUPIED DO NOT ENTER WITHOUT CONFIRMED APPOINTMENT.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Citrus Heights Unified Schools
Harry Dewey Fundamental Elementary School
Grades K-6 • 3.9 mi
7/10
Lichen K-8
Grades K-8 • 0.5 mi
4/10
Sylvan Middle School
Grades 6-8 • 1.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,104 | 1,481.913 |
| Lot Size | 5,227 | 7,530.02 |
| Price | $419.0K | $487.1K |
| Price per sq ft | $380 | $332 |
| Built year | 1976 | 1976 |
| HOA | $0 | $258 |
| Days on market | 4 | 44 |
Pricing History
Listed for Sale
Oct 20, 2026
$419,000
Initial Listing
Sold
Dec 27, 2021
$431,000
Public Record
Sold
Jul 17, 2019
$307,000
Public Record
Sold
Jan 18, 2011
$124,000
Public Record
Sold
Feb 26, 2004
$259,000
Public Record