3232 Panama Ave
Carmichael, CA 95608
- 4 Beds
- 2 Baths
- 1,800 sqft (on 0.31 acres)
4 Beds
2 Baths
1,800 sqft
(on 0.31 acres)
Home Value
Trulia Estimate
$532KSince last month
Decreased$13K (-2.3%)Since last year
Decreased$14K (-2.6%)Since last sale
Increased$274K (+107%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +92% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $531K |
| July 2026 | $536K |
| June 2026 | $544K |
| May 2026 | $557K |
| April 2026 | $549K |
| March 2026 | $554K |
| February 2026 | $542K |
| January 2026 | $547K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.52 | Multi-Family Home | $497,000 | 01/13/26 | 4 | 2 | 1,232 | |
0.74 | Multi-Family Home | $530,000 | 08/18/25 | 4 | 2 | 1,871 | |
0.74 | Multi-Family Home | $530,000 | 08/18/25 | 4 | 2 | 1,871 | |
0.74 | Multi-Family Home | $530,000 | 08/18/25 | 4 | 2 | 1,860 | |
0.58 | Multi-Family Home | $630,000 | 07/06/26 | 5 | 3 | 1,714 | |
0.25 | Multi-Family Home | $495,000 | 10/02/25 | 4 | - | 1,916 | |
0.80 | Multi-Family Home | $584,000 | 05/11/26 | 4 | 2 | 1,848 | |
0.78 | Multi-Family Home | $589,000 | 06/22/26 | 4 | 3 | 1,939 | |
0.60 | Multi-Family Home | $525,000 | 02/04/26 | 6 | 4 | 2,016 | |
0.84 | Multi-Family Home | $661,000 | 08/27/25 | 4 | 4 | 2,004 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $510,300 | 4 | 2 | 1,362 | Off Market | |
0.06 | $707,300 | Studio | - | 2,231 | Off Market | |
0.09 | $677,600 | 4 | 2 | 2,130 | Off Market | |
0.09 | $628,800 | 4 | 2 | 1,886 | Off Market | |
0.09 | $643,400 | 5 | 3 | 2,231 | Off Market | |
0.15 | $524,100 | 3 | 3 | 1,504 | Off Market | |
0.20 | $641,500 | 3 | 2 | 2,144 | Off Market | |
0.17 | $440,900 | 3 | 1 | 1,330 | Off Market | |
0.17 | $467,200 | 2 | 2 | 1,226 | Off Market | |
0.17 | $575,000 | 2 | 1 | 1,159 | Recently Sold | |
0.17 | $499,000 | 3 | 2 | 1,666 | For Sale | |
0.22 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1950
Lot Size
0.31 acres
Living Area
1,800 sqft
Price/Sqft
$296
Parking
Garage
About this House
Wow What an Opportunity. Two units on one nice large rural feeling lot situated on a dead end street in the heart of Carmichael! This property has a ton of potential for the home buyer looking for income and sweat equity, a family that needs a granny unit or the investor looking for cash flow! Close to schools, parks and shopping! Owner Financing available, must qualify.
3232 Panama Ave, Carmichael, CA 95608 is a 4 bedroom, 2 bathroom, 1,800 sqft multi-family built in 1950. It last sold for $256,500 on Nov 24, 2015. It is currently off market. The Trulia Estimate is $532,000, with a rent estimate of $2,567/month.
Home Details for 3232 Panama Ave
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Heating & Cooling Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 7 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Composition |
Pool Pool |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 2 |
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Lot Area: 0.31 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 24, 2015 Source: N/A | Sold | $256,500 |
Sep 9, 2015 Source: Agent Provided | Listed For Sale | $269,900 |
Oct 27, 2005 Source: N/A | Sold | $275,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,597 | $303,579 |
Home facts updated by county records
Market trends in Carmichael
Last updated July 2026
Avg. sale price
$591K
$9.83KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$339
$5MoM
Available listings
195
4MoM
Around this home
What Locals Say about Carmichael
At least 477 Trulia users voted on each feature.
87 % Say it's dog friendly
84 % Say car is needed
77 % Say parking is easy
75 % Say there are sidewalks
73 % Say yards are well-kept
68 % Say there's holiday spirit
62 % Say it's walkable to grocery stores
61 % Say it's quiet
56 % Say it's walkable to restaurants
56 % Say they plan to stay for at least 5 years
56 % Say kids play outside
51 % Say neighbors are friendly
48 % Say people would walk alone at night
47 % Say there's wildlife
39 % Say streets are well-lit
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 3232 Panama Ave
Off Market Homes Near 3232 Panama Ave
Frequently asked questions about 3232 Panama Ave
- What is 3232 Panama Ave estimated to be worth?Trulia's estimated value for 3232 Panama Ave in Carmichael, CA is $532,000.
- What is the price history for 3232 Panama Ave?3232 Panama Ave in Carmichael, CA last sold for $256,500 in November 2015.
- Is Carmichael a buyer's or seller's market?Carmichael is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Carmichael?The median sale price in Carmichael is $591K. That is up $9.83K from the prior month.
- Does 3232 Panama Ave have air conditioning?Yes, 3232 Panama Ave in Carmichael, CA has air conditioning.
- Does 3232 Panama Ave have a pool?Yes, 3232 Panama Ave in Carmichael, CA has a pool.