8617 Oldwoods Way, Sacramento, CA 95828, Sacramento, 95828 - 3 bed, 2 bath
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Sacramento, CA 95828
This Value-Add Residential Asset is listed at $420,000, aligning with its $419,934 Fair Market Value. Featuring a Condition Rating of 4, the property presents a clear path for forced appreciation through the modernization of its original 1982 interior. Located within the Elk Grove Unified School District and featuring No HOA Fees, the home offers low carrying costs and high rental demand. The functional floor plan and generous lot size provide a solid foundation for equity growth. This acquisition is ideal for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8617 Oldwoods Way Subject | $420,000* List Price | 3 | 2 | 1,300 | $323 | - |
A 8704 Pacific Hills Way Sold | $460,000 | 3 | 2 | 1,120 | $411 | 0.2 mi |
B 7753 Southland Sold | $420,000 | 3 | 2 | 1,225 | $343 | 0.1 mi |
C 8266 Summer Sunset Drive Sold | $450,000 | 3 | 2 | 1,441 | $312 | 0.9 mi |
D 8404 Sunrise Woods Way Sold | $377,000 | 4 | 2 | 1,590 | $237 | 0.6 mi |
E 8609 Tiogawoods Drive Active | $445,000 List Price | 3 | 2 | 1,557 | $286 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (42 years old), the property shows signs of age with mostly cosmetic updates. The kitchen features painted original cabinetry and dated tile countertops, while the bathroom retains a 1980s-style oak vanity and vinyl flooring. The listing description explicitly mentions 'potential' and 'vision,' confirming the need for modernization despite being functional.
The property is located within the highly sought-after Elk Grove Unified School District, a major draw for families that supports long-term property value.
Positioned as a 'fixer-upper' opportunity, this home allows first-time buyers or investors to build immediate equity through cosmetic updates and personalization.
With an association fee of $0, homeowners enjoy lower monthly carrying costs and greater freedom to utilize their property without restrictive covenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1184.
Marketing remarks emphasizing 'potential' and 'vision' suggest the home may require significant immediate investment in repairs or modernization.
Despite being in a good district, the specifically assigned middle and high schools carry low performance ratings, which may deter some education-focused buyers.
Charming Sacramento home with great potential in the Elk Grove School District! This nicely located property offers a fantastic opportunity for buyers looking to personalize and add value. Featuring a functional layout, spacious living areas and a nice lot this home is perfect for those with a vision! Ideal for first time home buyers, investors or anyone looking to create their dream space without starting from scratch.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-6 • 1.5 mi
Grades K-6 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,300 | 1,452.5 | 30% |
| Lot Size | 5,711 | 6,216 | 29% |
| Price | $420.0K | $460.0K | 30% |
| Price per sq ft | $323 | $312 | 58% |
| Built year | 1982 | 1986 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 178 | 2% |
Apr 29, 2026
$420,000
Initial Listing
Aug 16, 2013
$180,000
Public Record