9429 Erwin Avenue, Orangevale, CA 95662, Orangevale, 95662 - 3 bed, 2 bath
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Orangevale, CA 95662
This Fully Remodeled Single-Family Residence is a High-Potential Investment Opportunity, listed at $579,000—positioned well below the $609,279 Fair Market Value by 4%. This valuation gap provides $30,279 in Instant Equity. Boasting a Condition Rating of 2, the home features a designer kitchen with waterfall countertops and premium appliances. The expansive 0.23-acre lot offers significant upside via ADU potential or RV access. Located near Lake Natoma, this turnkey asset is perfectly suited for Owner-Occupants seeking a modern sanctuary or Buy-and-Hold Investors looking for a stable, rental-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9429 Erwin Avenue Subject | $579,000* List Price | 3 | 2 | 1,533 | $397 | - |
A 6035 Sirl Way Sold | $640,000 | 3 | 2 | 1,370 | $467 | 0.5 mi |
B 5624 Greenacres Way Sold | $555,000 | 3 | 2 | 1,326 | $419 | 0.7 mi |
C 9666 Lake Natoma Drive Sold | $625,000 | 4 | 2 | 1,608 | $389 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation featuring a modern kitchen with waterfall countertops and new stainless steel appliances, updated bathrooms, fresh interior/exterior paint, and new wood-look flooring throughout. All visible components meet current quality standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1533.
The home features a fully renovated kitchen with waterfall countertops and high-end Samsung and LG appliances, complemented by updated bathrooms and contemporary wood-look flooring throughout.
Situated on a 0.23-acre lot, the property offers significant versatility with RV access and ample space for a potential Accessory Dwelling Unit (ADU) or outdoor recreation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1533, other record living area = 1233.
Originally built in 1958, the property may have aging underlying systems such as plumbing or electrical that were not fully replaced during the cosmetic remodel.
While the long driveway accommodates multiple vehicles, the absence of a traditional garage may be a drawback for buyers prioritizing protected vehicle storage or workshop space.
Charming, newly remodeled home nestled in the heart of Orangevale! This beautiful property features a spacious living and dining combo that creates a warm and welcoming atmosphere, complemented by fresh interior and exterior paint, stylish wood-look flooring, dual-pane windows, and energy-efficient lighting throughout. The fully renovated kitchen is a true focal point, offering elegant blue cabinetry, generous waterfall countertops, a new Samsung 5-burner gas range with oven and microwave, a new stainless-steel LG dishwasher, and a sleek modern sink and faucet. The bathroom has been tastefully updated with the same attention to detail, including beautiful framed mirrors and a stylish vanity cabinet with countertop. Situated on a spacious 0.23-acre lot with potential for an ADU or RV access, the longer driveway may accommodate up to four vehicles, while the large backyard features storage sheds and new low-maintenance front landscaping perfect for outdoor living, entertaining, and recreation. Conveniently located near nature trails, parks, Lake Natoma, Folsom Lake, schools, local dining, and shopping. welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,533 | 1,539 | 50% |
| Lot Size | 10,019 | 9,812 | 52% |
| Price | $579.0K | $555.0K | 61% |
| Price per sq ft | $378 | $382 | 45% |
| Built year | 1958 | 1975 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 166 | 5% |
Feb 27, 2026
$579,000
Initial Listing
Nov 1, 2024
$400,000
Public Record
Sep 29, 2023
$410,000
Public Record
Feb 10, 2020
$250,000
Public Record