5520 Tares Cir, Elk Grove, CA 95757, Elk Grove, 95757 - 2 bed, 2 bath
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5520 Tares Cir
Elk Grove, CA 95757
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,728Sq Ft
0Lot Size
Property Price
LIST PRICE$460,000
EST. MARKET VALUE
$474,828
3% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $460,000—positioned well below the $474,829 Fair Market Value by 3%. This valuation gap offers $14,829 in Instant Equity for the buyer. Featuring a Good Condition Rating, this home includes a Granite Kitchen, new stainless steel appliances, and two private patios. Located within walking distance of top-rated schools like Toby Johnson Middle, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Estimated Market Value
$474,828+$14,828 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Elk Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5520 Tares Cir Subject 2 bd · 2 ba · 1,728 sqft · $275 | $460,000* List Price | 2 | 2 | 1,728 | $275 | - |
A 5582 Tares Circle Sold 2 bd · 2 ba · 1,519 sqft · $303 · 0.1 mi | $460,000 | 2 | 2 | 1,519 | $303 | 0.1 mi |
B 9902 Del Surf Lane Sold 3 bd · 3 ba · 1,536 sqft · $326 · 0.7 mi | $500,000 | 3 | 3 | 1,536 | $326 | 0.7 mi |
C 5537 Tares Circle Active 2 bd · 2 ba · 1,728 sqft · $289 · 0.0 mi | $499,000 List Price | 2 | 2 | 1,728 | $289 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. The kitchen features granite countertops and new stainless steel appliances, while the bathrooms and living areas appear functional and clean, fitting the 10-20 year age criteria for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Location & Education
Situated within walking distance to top-rated Franklin High and Toby Johnson Middle schools, this home offers exceptional value for families prioritizing education and outdoor recreation.
- Superior Floorplan
As the largest unit in the gated community, the 1,728 sqft layout includes a versatile loft, two private patios, and a rare 2-car garage with dedicated storage.
- Turnkey Features
The property is move-in ready with granite countertops, new stainless steel appliances, and included essentials like a washer, dryer, and refrigerator.
CONSRISKS & DEFICIENCIES
- Monthly HOA Costs
The $277 monthly association fee increases the total cost of ownership and may be a deterrent for buyers looking for lower recurring expenses.
- Limited Bedroom Count
Despite the generous square footage, the two-bedroom configuration may limit appeal for larger families or those requiring more private sleeping quarters.
About 5520 Tares Cir
Welcome to this beautiful home! This primary 1,728 SqFt unit, features the largest floorplan in this gated community. A Beautiful 2-bedroom, 2-bath condo with a fireplace in the living room, featuring a spacious loft with natural light and a 2-car garage with a storage room. Master bedroom has an adjacent patio/balcony that you can use to unwind & relax after a long day. Spacious and thoughtfully designed kitchen includes granite countertops, new stainless steel appliances, wooden cabinetry and a spacious pantry. The condo unit has two patios for outdoor activities. Pets-friendly with a large grassy green areas, perfect for pets to stretch, play and enjoy the outdoors. Desirable location, near parks, nature trails and within walking distance of highly rated Franklin High School and Toby Johnson Middle School in Elk Grove. VA approved condo!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2006
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $277 / Month
Neighborhood Insights
Elk Grove Unified Schools
Franklin Elementary School
Grades K-6 • 1.5 mi
7/10
Marion Mix Elementary
Grades K-6 • 2.5 mi
6/10
Toby Johnson Middle School
Grades 7-8 • 0.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,728 | 1,226.833 |
| Lot Size | - | 2,025.667 |
| Price | $460.0K | $365.2K |
| Price per sq ft | $266 | $305 |
| Built year | 2006 | 1999 |
| HOA | $277 | $309 |
| Days on market | 25 | 98 |
Pricing History
Listed for Sale
Sep 29, 2026
$460,000
Initial Listing
Sold
Jun 2, 2006
$310,000
Public Record