8928 Truman Street, Elk Grove, CA 95624, Elk Grove, 95624 - 3 bed, 2 bath
Loading property details...
8928 Truman Street
Elk Grove, CA 95624
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,587Sq Ft
7,366Lot Size
Property Price
LIST PRICE$435,000
EST. MARKET VALUE
$459,964
5% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $479,000—positioned well below the $500,487 Fair Market Value by 4%. This valuation gap offers $21,487 in Instant Equity for buyers willing to address the Fair Condition Rating. Featuring a waterfall pool, covered deck, and drive-through garage, the home offers significant value-add potential. Ideally suited for Fix-and-Flip Investors or Contractors, this asset provides a strategic entry into the Old Town Elk Grove market.
Estimated Market Value
$459,964+$24,964 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 |
|---|---|---|---|---|---|---|
★ 8928 Truman Street Subject | $435,000* List Price | 3 | 2 | 1,587 | $290 | - |
A 9406 Acapulco Way Sold | $491,430 | 3 | 2 | 1,534 | $320 | 0.6 mi |
B 9466 Ranch Park Way Sold | $460,000 | 2 | 2 | 1,351 | $340 | 0.6 mi |
C 9528 Sara Street Sold | $565,000 | 4 | 2 | 1,803 | $313 | 0.3 mi |
D 8704 Montiflora Court Sold | $554,800 | 4 | 2 | 1,601 | $347 | 0.8 mi |
E 8951 Lansdowne Court Sold | $550,000 | 4 | 3 | 1,862 | $295 | 0.6 mi |
F 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1950, this home has received partial updates like laminate flooring and painted cabinetry, but remains dated overall. The kitchen features older white appliances and laminate counters likely over 20 years old. The presence of a window AC unit suggests dated or insufficient HVAC systems, and the listing explicitly states the property 'needs work' and is being sold 'As-Is'.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Prime Old Town Location
Situated in the heart of Old Town Elk Grove, the property offers exceptional walkability to local shopping, dining, parks, and schools, making it a highly desirable spot for families and commuters.
- Functional Outdoor Amenities
The backyard is a standout feature, boasting a waterfall pool, a covered deck, and a rare drive-through garage that provides easy access for vehicles, boats, or DIY projects.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The listing explicitly states the home 'needs work,' suggesting that buyers will need to budget for immediate repairs or cosmetic updates to bring it to modern standards.
- As-Is Sale Condition
Being sold in its present 'As-Is' condition may limit financing options for some buyers and places the full burden of future repairs and structural integrity on the new owner.
About 8928 Truman Street
WOW, HUGE PRICE REDUCTION ON THIS 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!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 7,366 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,587 | 2,065.354 |
| Lot Size | 7,366 | 6,415.572 |
| Price | $435.0K | $628.7K |
| Price per sq ft | $274 | $316 |
| Built year | 1950 | 2000 |
| HOA | $0 | $172 |
| Days on market | 56 | 45 |
Pricing History
Listed for Sale
Aug 26, 2026
$435,000
$449,000
-3% Price Drop
Initial Listing
Price Change
Aug 7, 2026
$449,000
$479,000
-6% Price Drop
Initial Listing
Price Change
Jul 15, 2026
$479,000
Initial Listing
Sold
Apr 1, 2008
$190,000
Public Record
Sold
Apr 13, 2006
$355,000
Public Record
Sold
Dec 18, 2003
$263,000
Public Record