8928 Truman Street, Elk Grove, CA 95624, Elk Grove, 95624 - 3 bed, 2 bath
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Elk Grove, CA 95624
This property presents a High-Potential Investment Opportunity with a List Price of $479,000—positioned well below the $500,260 Fair Market Value by 4%. This valuation gap offers $21,260 in Instant Equity for buyers willing to address the Fair Condition Rating. Featuring a large lot, waterfall pool, and drive-through garage, the home offers significant value-add potential through modernization. Located in the heart of Old Town Elk Grove, this is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8928 Truman Street Subject | $479,000* List Price | 3 | 2 | 1,587 | $315 | - |
A 9406 Acapulco Way Sold | $491,430 | 3 | 2 | 1,534 | $320 | 0.6 mi |
B 8913 Melodic Court Sold | $600,000 | 3 | 2 | 1,577 | $380 | 0.6 mi |
C 9509 Sara Street Sold | $523,000 | 3 | 2 | 1,573 | $332 | 0.4 mi |
D 9013 Meadowsweet Way Sold | $574,950 | 4 | 2 | 1,744 | $330 | 0.9 mi |
E 9305 Moynello Court Sold | $540,000 | 3 | 2 | 1,675 | $322 | 0.9 mi |
F 8704 Montiflora Court Sold | $554,800 | 4 | 2 | 1,601 | $347 | 0.8 mi |
G 8951 Lansdowne Court Sold | $550,000 | 4 | 3 | 1,862 | $295 | 0.6 mi |
H 8931 Plaza Park Drive Active | $549,000 List Price | 3 | 2 | 1,629 | $337 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950 and sold 'As-Is,' the property is dated and requires updates. While the interior appears functional with some past updates to flooring and the kitchen, the presence of a window AC unit suggests potential HVAC deficiencies. The listing's 'needs work' disclaimer and the age of the kitchen/appliances align with the Fair criteria for homes needing minor repairs and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7366, living area = 1587.
Situated in the heart of Old Town Elk Grove, this property offers exceptional walkability to local boutiques, restaurants, parks, and highly-rated schools, making it a highly desirable neighborhood for families and commuters.
The backyard features a premium waterfall pool and a covered deck, complemented by a rare drive-through garage that provides convenient access for recreational vehicles, toys, or home projects.
The property is explicitly being sold in its present 'As-Is' condition and requires significant work, which may limit financing options and necessitate immediate additional capital for renovations.
Built in 1950, the home likely possesses aged systems and components that may require modernization to meet current building codes and energy efficiency standards.
Great Opportunity! Charming Old Town Elk Grove home with a spacious, open and bright floor plan featuring 3 bedrooms plus a den, a large living room/dining room combination, and a generous kitchen with a breakfast nook. The remote primary suite offers a walk-in closet and direct access to the backyard, where you'll find a covered deck and a beautiful waterfall pool. A drive-through garage provides convenient backyard access for vehicles, toys, or projects. Ideally located in the heart of Old Town Elk Grove, just blocks from shopping, restaurants, parks, and schools. Washer, dryer, and refrigerator are included. The home has been updated over the years but needs work and is being sold in its present As-Is condition. Opportunity is knocking and it's priced to sell overnight. Going...Going...Hurry Before it's Gone!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,587 | - |
| Lot Size | 7,366 | - |
| Price | $479.0K | $632.1K |
| Price per sq ft | $302 | $316 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 42 |
Jul 15, 2026
$479,000
Initial Listing
Apr 1, 2008
$190,000
Public Record
Apr 13, 2006
$355,000
Public Record
Dec 18, 2003
$263,000
Public Record