8222 Primoak Way, Elk Grove, CA 95758, Elk Grove, 95758 - 4 bed, 3 bath
Loading property details...
Elk Grove, CA 95758
This Value-Add Auction Property is a Prime Investment Opportunity listed at $477,000—positioned well below the $489,570 Fair Market Value by 2%. This valuation gap provides $12,570 in Instant Equity for buyers prepared for an AS-IS sale. With a Condition Rating of 4, the 1994-built home offers significant upside through modernization and deferred maintenance resolution. Located in the prestigious Elk Grove Unified School District near 8-rated Cosumnes Oaks High, the property combines high rental demand with forced appreciation potential. This is a strategic acquisition for Fix-and-Flip Investors or Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8222 Primoak Way Subject | $477,000* List Price | 4 | 3 | 1,801 | $272 | - |
A 8194 Primoak Way Sold | $542,000 | 4 | 3 | 1,725 | $314 | 0.1 mi |
B 9550 Village Tree Drive Sold | $510,000 | 4 | 3 | 1,776 | $287 | 0.3 mi |
C 9217 Trenholm Drive Sold | $535,000 | 3 | 3 | 1,873 | $286 | 0.8 mi |
D 9481 Bowmont Way Sold | $605,000 | 4 | 3 | 1,946 | $311 | 0.7 mi |
E 9510 Village Tree Drive Pending | $570,000 List Price | 4 | 3 | 1,776 | $321 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1994 (30 years ago) and is being sold 'AS-IS' via auction, which typically indicates a lack of recent renovations and potential deferred maintenance. While the exterior appears structurally sound, the age of the home suggests that major systems, kitchen appliances, and bathroom fixtures are likely original or outdated. Per the criteria, homes built over 20 years ago without major recent updates are classified as fair, requiring minor updates or repairs to meet modern standards.
The property is located within the prestigious Elk Grove Unified School District, offering access to top-tier schools such as Elizabeth Pinkerton Middle and Cosumnes Oaks High, both boasting high ratings.
With 4 bedrooms, 3 bathrooms, and over 1,800 square feet of living space, the home provides a desirable and versatile floor plan suitable for growing families or multi-generational living.
The absence of a monthly HOA fee significantly reduces the total cost of ownership and provides the homeowner with more freedom regarding property use and maintenance.
Being sold via auction in 'as-is' condition suggests potential deferred maintenance and may limit financing options to cash or specialized loans, excluding many traditional buyers.
The listing places a heavy emphasis on the buyer to independently verify all city, county, and zoning records, which may indicate underlying complexities or a lack of comprehensive disclosures.
AUCTION: Welcome to Elk Grove CA known for an award-winning school district, a variety of outstanding restaurants, a historic district, and first-rate parks. This two-story home was built in 1994 has 1,801 sq. ft. The lot size is 5,012 sq. ft. and includes a two-car garage. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 2.7 mi
Grades 7-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,801 | 1,845 | 48% |
| Lot Size | 5,014 | 6,399 | 18% |
| Price | $477.0K | $585.0K | 7% |
| Price per sq ft | $265 | $324 | 11% |
| Built year | 1994 | 1994 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 181 | 1% |
Apr 14, 2026
$477,000
Initial Listing
Jan 27, 2000
$161,000
Public Record
Jul 28, 1995
$145,000
Public Record