8843 Solo Way, Elk Grove, CA 95757, Elk Grove, 95757 - 3 bed, 3 bath
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8843 Solo Way
Elk Grove, CA 95757
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,815Sq Ft
1,925Lot Size
Property Price
LIST PRICE$523,000
EST. MARKET VALUE
$543,631
3% BelowMARKET VALUE
SUMMARY
This Modern Single-Family Residence is a Strong Value Opportunity, listed at $523,000—positioned well below the $543,632 Fair Market Value by 3%. This valuation gap offers $20,632 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with solar panels and a gourmet kitchen, this 2020-built home provides a turnkey lifestyle. While the lot is compact, the functional layout and modern finishes ensure long-term value. This property is an ideal acquisition for first-time buyers or owner-occupants seeking a low-maintenance, energy-efficient home.
Estimated Market Value
$543,631+$20,631 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Elk Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8843 Solo Way Subject | $523,000* List Price | 3 | 3 | 1,815 | $300 | - |
A 10458 Oboe Way Sold | $595,000 | 5 | 3 | 2,140 | $278 | 0.2 mi |
B 8851 Solo Way Sold | $524,800 | 3 | 3 | 1,632 | $322 | 0.0 mi |
C 8393 Eleodoro Way Sold | $580,075 | 3 | 3 | 1,960 | $296 | 0.9 mi |
D 8881 Solo Way Active | $549,888 List Price | 3 | 3 | 1,815 | $303 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property was built in 2020/2022, making it less than 10 years old. It features mint-condition modern finishes, a contemporary kitchen with stainless steel appliances, updated bathrooms, and energy-efficient systems including solar, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Energy Efficiency
Built in 2020, this newer home features contemporary finishes and includes solar panels, providing significant energy savings and reduced long-term maintenance costs.
- Gourmet Kitchen Upgrades
The kitchen is designed for functionality and style, featuring a gas cooktop, built-in oven and microwave, and a deep sink within an open-concept layout.
- Functional Interior Layout
The 1,815 sqft floor plan is well-optimized with a spacious primary suite, a dedicated laundry room with storage, and a Jack-and-Jill bathroom serving the secondary bedrooms.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1925, living area = 1815.
- Limited Outdoor Space
With a lot size of only 1,925 sqft, the property offers a very small private patio rather than a traditional backyard, which may not appeal to buyers seeking significant outdoor area.
- Mandatory HOA Fees
The property is subject to a $75 monthly association fee, which adds to the monthly carrying costs compared to other single-family residences in the area without an HOA.
About 8843 Solo Way
Welcome to this well-maintained 3-bedroom, 2.5-bath home built in 2022. The open-concept main level features a spacious great room and kitchen with a gas cooktop, built-in oven and microwave, deep sink, and ample counter space. Tile flooring and a convenient half bath complete the first floor. Upstairs, the bright primary suite features a spacious bathroom with dual sinks, a separate shower, soaking tub, and walk-in closet. Two additional bedrooms share a Jack-and-Jill bathroom, while the roomy laundry area with cabinets provides convenient storage. Glass patio doors open to a private patio. Additional features include solar, a two-car garage, and modern finishes throughout. With its functional layout, newer construction, and convenient features, this home offers comfortable and easy living in a modern setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 1,925 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $75 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,815 | 2,065.354 |
| Lot Size | 1,925 | 6,415.572 |
| Price | $523.0K | $628.7K |
| Price per sq ft | $288 | $316 |
| Built year | 2020 | 2000 |
| HOA | $75 | $172 |
| Days on market | 9 | 45 |
Pricing History
Listed for Sale
Aug 31, 2026
$523,000
Initial Listing
Sold
Nov 10, 2020
$420,500
Public Record
Sold
Mar 9, 2020
$659,000
Public Record