
Sacramento, CA 95823
This property presents a High-Potential Investment Opportunity with a List Price of $460,000—positioned well above the $439,412 Fair Market Value by -4%. While the property requires significant capital improvements due to its Condition Rating of 5, the 4-bedroom, 2-bathroom open floor plan and location within the Elk Grove Unified School District provide a solid foundation for value-add projects. With $0 HOA fees, this asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to renovate and stabilize a high-demand rental property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7807 Cresentdale Way Subject | $460,000* List Price | 4 | 2 | 1,672 | $263 | - |
A 4865 Bamford Drive Sold | $480,000 | 3 | 3 | 1,550 | $310 | 0.3 mi |
B 7873 WHISPER WOOD Way Sold | $360,000 | 3 | 2 | 1,425 | $253 | 0.4 mi |
C 9 Monaghan Circle Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.2 mi |
D 2 Tillman Circle Sold | $385,000 | 4 | 2 | 1,406 | $274 | 0.5 mi |
E 5717 Seyferth Way Sold | $400,000 | 4 | 2 | 1,129 | $354 | 0.4 mi |
F 7601 South Parkway Sold | $402,500 | 3 | 2 | 1,456 | $276 | 0.9 mi |
G 4480 Lineras Way Pending | $450,000 List Price | 4 | 3 | 1,820 | $247 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36+ years old) with no evidence of recent renovations, placing it in the >30y category. The exterior shows significant deferred maintenance (dead lawn/overgrown brush), and the listing's 'sold in present condition' and 'investment opportunity' descriptors indicate the property likely requires a full rehab of dated interiors and original systems.
The property is located within the highly desirable Elk Grove Unified School District, a major draw for families that supports long-term property value.
Featuring a 4-bedroom, 2-bathroom configuration with an open floor plan, the home offers a functional and modern living space suitable for large families.
With an association fee of $0, homeowners benefit from lower monthly carrying costs and greater freedom regarding property usage compared to nearby managed communities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1672, other record living area = 1464.
The listing explicitly states the property is to be sold in its present condition, suggesting potential deferred maintenance or the need for immediate capital improvements.
The property has undergone multiple price reductions from $490,000 down to $460,000 within 24 days, indicating a struggle to capture buyer interest at the initial price points.
Greet open floor plan. Located in the desirable Elk Grove Unified School District. Great investment opportunity also great for home buyers. Property to be sold in its present condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,672 | 1,540.857 |
| Lot Size | 6,534 | 6,330.116 |
| Price | $460.0K | $508.1K |
| Price per sq ft | $275 | $333 |
| Built year | 1988 | 1975 |
| HOA | $0 | $128 |
| Days on market | 36 | 45 |
Aug 28, 2026
$460,000
$470,000
-2% Price Drop
Initial Listing
Aug 18, 2026
$470,000
$490,000
-4% Price Drop
Initial Listing
Aug 4, 2026
$490,000
Initial Listing
Jul 27, 2012
$127,000
Public Record