5537 Tares Circle, Elk Grove, CA 95757, Elk Grove, 95757 - 2 bed, 2 bath
5537 Tares Circle
Elk Grove, CA 95757
Property Price
SUMMARY
Analysis of 5537 Tares Circle, Elk Grove, CA 95757 is currently available with a list price of $499,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Elk Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age range for a 'good' rating. It is move-in ready with recent cosmetic updates including freshly painted white cabinetry, granite countertops, and updated interior paint. The home appears well-maintained with modern features like a primary suite with a soaking tub and dual sinks, requiring no immediate renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location and Schools
The property is ideally situated within walking distance of top-rated Franklin High School and Toby Johnson Middle School, making it highly desirable for families and ensuring strong resale value.
- Modern Interior Updates
This move-in ready home features stylish granite countertops, freshly painted white cabinetry, and updated interior paint throughout, offering a contemporary aesthetic without the need for immediate renovation.
- Versatile Living Space
With 1,728 sq ft of living space, the layout includes a unique enclosed loft that serves as a flexible office or media room, providing functional space that exceeds typical two-bedroom configurations.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
Despite the generous square footage, the home only offers two bedrooms, which may restrict its appeal to larger families or buyers specifically seeking a three-bedroom layout.
- Recurring HOA Fees
As a condominium, the property carries a monthly association fee of $280, which increases the total monthly carrying cost and subjects the owner to community-governed restrictions.
About 5537 Tares Circle
Welcome to this beautifully updated 2 bedroom, 2-bath condo with 1,728 sq ft of living space in Elk Grove's desirable Jasmine community. Built in 2006, this move-in ready home features granite countertops, freshly painted white cabinets and updated interior paint throughout. The spacious layout includes a versatile enclosed loft, ideal as an office or media room. The large primary suite offers a walk-in closet, private balcony, and en-suite bath with dual sinks, soaking tub, and separate shower. Enjoy access to community amenities including a gym, pool, spa, and clubhouse. Located within walking distance to top-rated Franklin High School and Toby Johnson Middle School, and just minutes from shopping, dining, and parks, this home perfectly blends comfort, convenience, and location. Don't miss your chance to own this stylish, low-maintenance home in one of Elk Grove's most sought-after neighborhoods!
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
- $280 / Month
Neighborhood Insights
Elk Grove Unified Schools
Franklin Elementary School
Grades K-6 • 1.5 mi
Marion Mix Elementary
Grades K-6 • 2.5 mi
Toby Johnson Middle School
Grades 7-8 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,728 | 1,519 | 86% |
| Lot Size | - | - | 50% |
| Price | $499.0K | $460.0K | 86% |
| Price per sq ft | $289 | $309 | 43% |
| Built year | 2006 | 2018 | 43% |
| HOA | $280 | $141 | 86% |
| Days on market | 97 | 207 | 29% |
Pricing History
Listed for Sale
Dec 1, 2025
$499,000
Initial Listing
Sold
Nov 12, 2024
$499,000
Public Record
Sold
Apr 30, 2019
$350,000
Public Record
Sold
Oct 10, 2013
$207,000
Public Record
Sold
Jan 15, 2010
$155,000
Public Record
Sold
May 23, 2006
$310,000
Public Record