For SaleRisky Deal20 days on market
51 Covered Bridge Rd
51 Covered Bridge Rd, Carmichael, CA 95608, Carmichael, CA 95608
$998,900
Estimate®:$989,500
Listing Price
51 Covered Bridge Rd, Carmichael, CA 95608
Loc: Carmichael, CA
Days Listed
20
Tax Assessed
$1036k
Estimate®
$990k
Market Rate
Lot Size
7,841 sqft
Rent Estimate
$3,874/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Mary Deterding Elementary School
K-6
1.1 mi away
5
John Barrett Middle School
6-8
2.6 mi away
5
Del Campo High School
9-12
3.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylecedar-sidedwraparound porchwooded settingcozyrusticshingle rooflandscapedsecludedmature treescovered entrancesuburbantraditional
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.21%
Total ROI
6.8%
Cash Flow
$-3,347/mo
DSCR
0.35
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-3,347/mo net cash flow with a 2.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Carmichael, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-04 | Listed for sale | $998,900 | $287 |
| 2026-08-01 | Listing removed | $1,195,000 | $343 |
| 2026-04-29 | Price change | $1,195,000 | $343 |
| 2026-01-29 | Price change | $1,225,000 | $352 |
| 2025-07-22 | Listed for sale | $1,250,000 | $359 |
| 2021-06-14 | Sold | $938,500 | $269 |
| 2021-05-18 | Pending sale | $938,500 | $269 |
| 2021-05-12 | Listed for sale | $938,500 | $269 |
| 2020-12-18 | Sold | $899,000 | $258 |
| 2020-11-16 | Pending sale | $899,000 | $258 |
| 2020-11-11 | Price change | $899,000 | $258 |
| 2020-10-01 | Price change | $914,000 | $262 |
| 2020-08-21 | Listed for sale | $929,000 | $267 |
| 2013-04-23 | Sold | $730,000 | $210 |
| 2013-02-22 | Listed for sale | $745,000 | $214 |
| 2012-11-01 | Listing removed | $749,000 | $215 |
| 2012-08-17 | Price change | $749,000 | $215 |
| 2012-07-27 | Price change | $785,000 | $225 |
| 2012-07-17 | Price change | $825,000 | $237 |
| 2012-06-12 | Listed for sale | $875,000 | $251 |
| 1998-06-30 | Sold | $485,000 | $139 |
| 1994-11-09 | Sold | $375,000 | $108 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,036,176 |
| 2025 | $12,203.44 | $1,015,859 |
| 2024 | $11,944.1 | $995,941 |
| 2023 | $11,753.24 | $976,414 |
| 2022 | $11,516.78 | $957,270 |
| 2021 | $11,324.13 | $899,000 |
| 2020 | $9,825.08 | $821,962 |
| 2019 | $9,625.58 | $805,846 |
| 2018 | $9,503.12 | $790,046 |
| 2017 | $9,418.2 | $774,556 |
| 2016 | $8,794.36 | $759,369 |
| 2015 | $8,505.54 | $747,964 |
| 2014 | $8,505.54 | $733,313 |
| 2013 | $0 | $669,680 |
| 2012 | $0 | $616,550 |
| 2011 | $0 | $604,461 |
| 2010 | $0 | $599,944 |
| 2008 | $0 | $589,580 |
| 2007 | $0 | $578,020 |
| 2006 | $0 | $566,687 |
| 2005 | $0 | $555,576 |
| 2004 | $0 | $544,684 |
| 2003 | $0 | $534,702 |
| 2002 | $0 | $524,219 |
| 2001 | $0 | $513,941 |
| 2000 | $0 | $503,864 |
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