Prime investor opportunity in Carmichael! This distressed property is priced below market value and ready for a full rehab or gut renovation. Bring your contractor and unlock serious ARV (After Repair Value) potential with instant equity upside. Whether you're looking to flip, buy-and-hold, or add to your rental portfolio, this value-add play offers strong ROI in a high-demand market. Cash buyers and hard money welcome this one won't last!
Closed
$505,000
5217 Winding Way, Carmichael, CA 95608
3beds
2,295sqft
Single Family Residence
Built in 1974
0.54 Acres Lot
$509,500 Zestimate®
$220/sqft
$3,241 Estimated rent
Home value
$509,500
$464,000 - $560,000
$3,241/mo
Zestimate® history
Owner options
List your home for rent
$3,241/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,241/mo
Rent Zestimate®
Refinance and save
$3,240/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,240/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Yhlas Kuliev DRE #02006033 916-234-6530,
United Realty Group
Bought with:
Teresa Laine, DRE #01758097
Coldwell Banker Realty
Source: MetroList Services of CA,MLS#: 226029197Originating MLS: MetroList Services, Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Dining room
- Features: Other
Kitchen
- Features: Tile Counters
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Included: Gas Cooktop, Range Hood, Microwave, See Remarks
- Laundry: See Remarks
Features
- Flooring: Carpet, Concrete, See Remarks
- Number of fireplaces: 1
- Fireplace features: See Remarks
Interior area
- Total interior livable area: 2,295 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached
- Attached garage spaces: 4
Lot
- Size: 0.54 Acres
- Features: See Remarks
Details
- Parcel number: 23002300170000
- Zoning description: SFR
- Special conditions: Offer As Is,Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1974
Utilities & green energy
- Sewer: Septic System
- Water: Public
- Utilities for property: Cable Available, Sewer Connected, Electric
Community & HOA
Location
- Region: Carmichael
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $137,472
- Date on market: 3/12/2026
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Sold | $505,000+7.7%$220/sqft |
Source: MetroList Services of CA #226029197 Report a problem | ||
| 3/17/2026 | Pending sale | $469,000$204/sqft |
Source: MetroList Services of CA #226029197 Report a problem | ||
| 3/12/2026 | Listed for sale | $469,000$204/sqft |
Source: MetroList Services of CA #226029197 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $137,472 +2% |
| 2025 | $1,550 +1% | $134,778 +2% |
| 2024 | $1,534 +3.1% | $132,136 +2% |
| 2023 | $1,487 +0.6% | $129,546 +2% |
| 2022 | $1,478 +1.3% | $127,007 +2% |
| 2021 | $1,459 +1.9% | $124,517 +1% |
| 2020 | $1,431 +2.1% | $123,242 +2% |
| 2019 | $1,402 +1.3% | $120,827 +2% |
| 2018 | $1,384 +1.1% | $118,459 +2% |
| 2017 | $1,369 +7% | $116,138 +2% |
| 2016 | $1,279 +4% | $113,862 +1.5% |
| 2015 | $1,229 | $112,153 +2% |
| 2014 | $1,229 | $109,957 +0.5% |
| 2013 | -- | $109,461 +2% |
| 2012 | -- | $107,316 +2% |
| 2011 | -- | $105,213 +0.8% |
| 2010 | -- | $104,428 +1.8% |
| 2008 | -- | $102,627 +2% |
| 2007 | -- | $100,616 +2% |
| 2006 | -- | $98,644 +2% |
| 2005 | -- | $96,711 +2% |
| 2004 | -- | $94,816 +1.9% |
| 2003 | -- | $93,079 +2% |
| 2002 | -- | $91,255 +2% |
| 2001 | -- | $89,466 +2% |
| 2000 | -- | $87,713 |
Find assessor info on the county website
Neighborhood: 95608
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Nearby schools
GreatSchools rating
- 6/10Cameron Ranch Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Winston Churchill Middle SchoolGrades: 6-8Distance: 1.6 mi
- 6/10Mira Loma High SchoolGrades: 9-12Distance: 1.8 mi
Get a cash offer in 3 minutes
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Estimated market value
$509,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$509,500
- California
- Sacramento County
- Carmichael
- 95608
- 5217 Winding Way
Nearby cities
Nearby zip codes
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