
Sacramento, CA 95828
This property presents a High-Potential Investment Opportunity with a List Price of $420,000—positioned well below the $398,920 Fair Market Value by -5%. While the home requires a comprehensive renovation given its Fair Condition Rating, the lack of HOA fees and location within the Elk Grove Unified School District provide a solid foundation for value-add strategies. This asset is ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the significant renovation potential in a high-demand school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8441 Auberry Drive Subject | $420,000* List Price | 3 | 2 | 1,443 | $276 | - |
A 8170 Sarasota Sold | $439,999 | 3 | 2 | 1,165 | $378 | 0.3 mi |
B 8360 Trimmer Way Sold | $450,000 | 3 | 2 | 1,712 | $263 | 0.3 mi |
C 8638 Hampton Hill Court Sold | $500,000 | 3 | 3 | 1,508 | $332 | 1.0 mi |
D 8425 Stevenson Avenue Sold | $467,000 | 4 | 2 | 1,384 | $337 | 0.7 mi |
E 8405 Cassatt Way Active | $535,000 List Price | 3 | 2 | 1,525 | $351 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1991 (35 years old) and explicitly marketed as a 'project' house. Interior photos show significant wear, including damaged door frames and distressed flooring, indicating a need for a full rehab rather than minor updates.
The property is located within the highly sought-after Elk Grove Unified School District, featuring well-rated institutions such as Roy Herburger Elementary and Monterey Trail High School.
Listed at $420,000, this home offers a rare affordable entry point into the Sacramento market, providing significant upside potential for equity growth.
The absence of a Homeowners Association (HOA) ensures lower monthly carrying costs and greater freedom for the owner to customize the property without restrictive covenants.
Marketed as a 'project,' the home likely requires a substantial capital investment to address cosmetic and functional updates throughout the interior.
Given the 1991 construction and 'as-is' nature of the listing, buyers should anticipate the need for repairs to aging major systems such as the roof, HVAC, or plumbing.
Welcome to your next project!! Affordablity in Elk Grove School districts. This 3bed 2bath is waiting for the next family to make it a Home.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.0 mi
Grades K-6 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,443 | 1,540.857 |
| Lot Size | 6,412 | 6,330.116 |
| Price | $420.0K | $508.1K |
| Price per sq ft | $291 | $333 |
| Built year | 1991 | 1975 |
| HOA | $0 | $128 |
| Days on market | 8 | 45 |
Sep 1, 2026
$420,000
Initial Listing
Nov 3, 2006
$325,000
Public Record