7481 Splendid Way, Elk Grove, CA 95758, Elk Grove, 95758 - 3 bed, 1 bath
7481 Splendid Way
Elk Grove, CA 95758
Property Price
SUMMARY
Analysis of 7481 Splendid Way, Elk Grove, CA 95758 reveals a Fairly Priced Property with a current list price of $450,000 aligned with the estimated $450,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and fits the 'good' criteria as it was built in 2006 (19 years old) and has undergone an extensive interior refresh within the last year. Updates include new flooring throughout, fresh interior paint, and updated light fixtures. The kitchen is well-maintained with a new sink and a full suite of new stainless steel appliances (stove, microwave, and dishwasher). While the home is modern and lacks deferred maintenance, it is classified as 'good' rather than 'excellent' because the updates appear to be high-quality cosmetic refreshments rather than a full-scale structural or down-to-the-studs renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Updates
The home features extensive refreshments including new flooring, fresh paint, updated lighting, and a modernized kitchen with new appliances, offering a move-in-ready experience for buyers.
- Versatile Corner Lot
Situated on a spacious corner lot, the property provides enhanced privacy and the rare advantage of potential RV access, offering significant flexibility for outdoor storage or personalization.
- Proximity to Quality Schools
Located within walking distance to Irene B. West Elementary (rated 7/10) and near Monterey Trail High, this home is ideally positioned for families prioritizing access to well-regarded local education.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-10-23. The sold price is $335,000.00.
- Single Bathroom Limitation
With three bedrooms but only one bathroom, the layout may be challenging for growing families and could impact resale value compared to standard 3-bed, 2-bath configurations in the area.
- Halfplex Configuration
As a halfplex, the property shares a common wall with a neighbor, which may result in less privacy and more restrictive autonomy than a fully detached single-family residence.
About 7481 Splendid Way
Step into this beautifully refreshed Elk Grove halfplex offering three bedrooms and one bathroom on a spacious corner lot.The home features new flooring, updated lighting, and fresh interior paint that creates a bright and welcoming feel. The kitchen has been upgraded with a new sink, stove, microwave, and dishwasher, giving you a clean and modern space to cook and gather. The corner lot adds extra flexibility with potential for RV access and room to personalize the outdoor space. Located close to parks, schools, and everyday conveniences, this home delivers a comfortable and practical lifestyle in a sought after Elk Grove neighborhood. Come see the thoughtful updates and inviting layout in person.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 3,106 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Elk Grove Unified Schools
Irene B. West Elementary School
Grades K-6 • 0.4 mi
Marion Mix Elementary
Grades K-6 • 2.0 mi
Edward Harris, Jr. Middle School
Grades 7-8 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 1% |
| Square foot | 1,193 | 1,845 | 5% |
| Lot Size | 3,106 | 6,316 | 4% |
| Price | $450.0K | $577.0K | 6% |
| Price per sq ft | $377 | $323 | 81% |
| Built year | 2006 | 1994 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 101 | 178 | 17% |
Pricing History
Listed for Sale
Nov 26, 2025
$450,000
Initial Listing
Sold
Oct 23, 2025
$335,000
Public Record
Sold
May 24, 2006
$164,500
Public Record