
Elk Grove, CA 95624
This High-Utility Value-Add Property is offered at a List Price of $499,000, aligning with its $499,000 Fair Market Value. Holding a Condition Rating of 4, the 1956-built residence requires interior modernization but offers a rare 7,667 sqft Corner Lot, four-car front parking, and Extensive RV/Truck Parking. The location is highly walkable to Joseph Kerr Middle School and McKee Elementary, both featuring Moderate-Rated Schools scores. This property represents a strategic entry-level opportunity for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovations in a convenient, established Elk Grove neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8896 Kelsey Drive Subject | $499,000* List Price | 4 | 2 | 1,785 | $280 | - |
A 9552 Porto Rosa Dr Sold | $600,000 | 4 | 2 | 1,910 | $314 | 0.9 mi |
B 9509 Sara Street Sold | $523,000 | 3 | 2 | 1,573 | $332 | 0.2 mi |
C 9023 El Carrilo Court Sold | $533,000 | 4 | 2 | 1,855 | $287 | 0.8 mi |
D 9305 Moynello Court Sold | $540,000 | 3 | 2 | 1,675 | $322 | 0.4 mi |
E 8930 2nd Avenue Sold | $587,000 | 3 | 2 | 1,663 | $353 | 0.2 mi |
F 9023 El Carrilo Court Active | $574,950 List Price | 4 | 2 | 1,855 | $310 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1956, is in functional condition but shows significant signs of age and outdated styling. The kitchen features older oak-style cabinetry, blue laminate countertops, and basic white appliances that appear to be from a renovation done 20 or more years ago. While the wood-beamed ceilings and flooring are well-maintained, the overall interior aesthetic, including the ceiling fans and fixtures, is dated. The exterior fence is weathered, and the home would require cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7667, living area = 1785.
The property offers exceptional utility with a four-car front parking area, dedicated RV/truck space behind fences, and a large garage, catering perfectly to multi-vehicle owners or those with recreational vehicles.
Boasting a highly convenient location, this home is within walking distance to essential amenities including schools, parks, the library, and various retail and dining options, enhancing daily lifestyle ease.
Dating back to 1956, the home may necessitate significant investments in modernizing older mechanical systems or cosmetic updates to align with contemporary energy efficiency and aesthetic standards.
The local public schools serving this address currently hold moderate ratings of 6/10, which might be a consideration for families specifically seeking top-tier academic performance in the Elk Grove area.
Large corner two-stories single family home in nice neighborhood with large lot. Four cars parking space at the front yard. Truck / RV parking space inside fences. Large Garage. Very convenient location with shops / restaurants / library / schools / park all in walking distance.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 4.3 mi
Grades 7-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,785 | 2,002 | 36% |
| Lot Size | 7,667 | 6,700 | 69% |
| Price | $499.0K | $630.0K | 9% |
| Price per sq ft | $280 | $315 | 24% |
| Built year | 1956 | 1998 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 396 | 174 | 99% |
Mar 22, 2025
$499,000
Initial Listing
Feb 22, 2024
$415,000
Public Record