8031 Lichen Drive, Citrus Heights, CA 95621, Citrus Heights, 95621 - 3 bed, 1 bath
8031 Lichen Drive
Citrus Heights, CA 95621
Property Price
SUMMARY
Analysis of 8031 Lichen Drive, Citrus Heights, CA 95621 reveals a property with a current list price of $365,000, which is 15% above the estimated $309,764 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Citrus Heights Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8031 Lichen Drive Subject | $365,000* List Price | 3 | 1 | 888 | $349 | - |
A 7712 Hyssop Court Sold | $405,000 | 3 | 1 | 968 | $418 | 0.5 mi |
B 8016 Lesser Way Sold | $400,000 | 3 | 1 | 864 | $463 | 0.6 mi |
C 7429 Summer Avenue Sold | $430,000 | 3 | 1 | 1,045 | $411 | 0.7 mi |
D 6215 Rumford Avenue Sold | $360,000 | 3 | 1 | 1,038 | $347 | 0.7 mi |
E 6428 Carmelwood Drive Sold | $441,000 | 3 | 2 | 1,136 | $388 | 0.3 mi |
F 8206 Lichen Drive Pending | $376,000 List Price | 3 | 1 | 1,081 | $348 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1960, the property's interior, especially the kitchen and bathroom, is extremely dated with original-style wood cabinets, tile countertops, and old appliances/fixtures, requiring substantial renovation. While a new roof and doors are positive, the 'AS-IS' sale condition and the overall worn state of flooring and interior finishes indicate significant rehabilitation is needed beyond minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 888.
- Recent Key Upgrades
Features a brand-new roof and new front and back doors, significantly reducing immediate maintenance concerns for the buyer.
- Enhanced Outdoor Living
The backyard boasts fruit trees, open grassy space, and a covered patio, ideal for entertaining and outdoor enjoyment.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The property is being sold 'AS-IS,' which places the burden of any necessary repairs or upgrades directly on the buyer, potentially requiring additional investment.
- Single Bathroom
The home features only one bathroom for three bedrooms, which may present practical challenges and inconvenience for families or multiple residents.
- Compact Square Footage
With 888 sqft, the living space is relatively modest for a 3-bedroom home, potentially limiting room for expansion or larger gatherings.
About 8031 Lichen Drive
Welcome to 8031 Lichen Drive! This charming 3-bedroom, 1-bath home with an attached garage is located in a quiet, friendly Citrus Heights neighborhood. The home features a brand-new roof, new front and back door, vaulted ceilings, and a cast iron fireplace that adds warmth and character. The kitchen is filled with natural light and includes a garden window perfect for herbs or morning coffee. The backyard offers fruit trees, open grassy space, and a covered patio ideal for barbecues and entertaining. Conveniently located near shopping, dining, parks, and easy freeway access. Home is being SOLD AS-IS, providing great potential for buyers or investors to add their own value and style.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Citrus Heights Unified Schools
Grand Oaks Elementary School
Grades K-5 • 0.4 mi
Harry Dewey Fundamental Elementary School
Grades K-6 • 4.0 mi
Lichen K-8
Grades K-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 888 | 1,380 | 4% |
| Lot Size | 8,276 | 6,970 | 71% |
| Price | $365.0K | $470.0K | 6% |
| Price per sq ft | $411 | $334 | 90% |
| Built year | 1960 | 1976 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 149 | 157 | 46% |
Pricing History
Listed for Sale
Oct 9, 2025
$365,000
Initial Listing
Sold
Aug 31, 2022
$353,500
Public Record