5945 Oak Ave Carmichael, CA 95608
Carmichael Town Center NeighborhoodEstimated payment $5,120/month
Highlights
- Popular Property
- Vaulted Ceiling
- No HOA
- Mary Deterding Elementary School Rated A-
- Traditional Architecture
- Double Oven
About This Home
BIG PRICE REDUCTION! TREMENDOUS VALUE ADD OPPORTUNITY. Bring Your Offer!! Approved plans to complete existing 3 unit building with two large 3 bed 2 bath units and one 2 bed 2 bath unit. Fantastic location across the street from Riverwood Gated Community Resort with nearby access to American River Parkway! Offering includes stamped approved plans to complete; permits and full renderings ready to go! The two 3 bed units have recently updated interiors and include in unit laundry and 2 car attached garages. The upper 3rd unit is 2 bed 2 bath with in unit laundry. There's also a 4 car covered carport. The lower level is unfinished (not included in square footage) with potential for a junior ADU and 2 car garage subject to county submission and approval. This is a GREAT opportunity for an owner occupant to live in one unit and finish the project using FHA 203k financing (or other rehab financing). Also great for an investor purchaser looking for their next flip or great income property in a highly desirable area. Hard to find vacant multi unit with so much potential for short; mid or long term rentals. Make it yours today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,569
Year Built
- Built in 1975 | Remodeled
Parking
- 4 Car Garage
- 4 Carport Spaces
Home Design
- Triplex
- Traditional Architecture
- Cottage
- Fixer Upper
- Raised Foundation
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 4,089 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Fireplace
- Double Pane Windows
- Window Screens
- Unfinished Basement
- Basement Storage
Kitchen
- Double Oven
- Gas Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Laminate
- Concrete
- Vinyl
Laundry
- Laundry closet
- Washer and Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Meters
- 220 Volts
- High Speed Internet
Additional Features
- Balcony
- 0.28 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 283-0050-064-0000
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Vacant Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,569 | $636,724 | $212,241 | $424,483 |
| 2024 | $7,569 | $624,240 | $208,080 | $416,160 |
| 2023 | $10,250 | $612,000 | $204,000 | $408,000 |
| 2022 | $5,096 | $424,706 | $145,611 | $279,095 |
| 2021 | $5,010 | $416,379 | $142,756 | $273,623 |
| 2020 | $4,916 | $412,111 | $141,293 | $270,818 |
| 2019 | $4,816 | $404,031 | $138,523 | $265,508 |
| 2018 | $4,755 | $396,109 | $135,807 | $260,302 |
| 2017 | $4,711 | $388,344 | $133,145 | $255,199 |
| 2016 | $4,401 | $380,731 | $130,535 | $250,196 |
| 2015 | $4,368 | $375,013 | $128,575 | $246,438 |
| 2014 | $4,277 | $367,668 | $126,057 | $241,611 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Price Changed | $850,000 | -10.5% | $208 / Sq Ft |
| 08/07/2025 08/07/25 | For Sale | $950,000 | -- | $232 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $150,000 | None Available | |
| Grant Deed | -- | Chicago Title Co | |
| Grant Deed | -- | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Seller Take Back | |
| Previous Owner | $147,750 | Seller Take Back |
Source: MetroList
MLS Number: 225104262
APN: 283-0050-064
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