
Elk Grove, CA 95624
This Single-Story Residential Home is a Strong Value Opportunity, listed at $499,990—positioned well above the $459,077 Fair Market Value by -8%. While priced slightly above market, the property features a Condition Rating of 3 with significant infrastructure upgrades, including a 2022 HVAC and water heater. Located on a quiet cul-de-sac near Arthur C. Butler Elementary, it offers a functional layout with a private patio. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home in a desirable school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9196 Morgan Point Court Subject | $499,990* List Price | 3 | 2 | 1,457 | $315 | - |
A 9271 Balboa Park Way Sold | $580,000 | 3 | 2 | 1,555 | $373 | 0.1 mi |
B 8679 Spring House Way Sold | $535,000 | 3 | 2 | 1,451 | $369 | 1.0 mi |
C 8556 Dewberry Way Sold | $590,000 | 3 | 2 | 1,842 | $320 | 0.8 mi |
D 8600 Heritage Hill Drive Pending | $548,000 List Price | 3 | 2 | 1,485 | $369 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1994, the property features critical system updates including a new HVAC and water heater (2022). The interior has been refreshed with newer laminate flooring and modern appliances. While the kitchen cabinetry and bathrooms are original and dated, they are well-maintained, making the home fully functional and move-in ready.
The property features a newer HVAC system and water heater installed in 2022, offering significant peace of mind and reducing the likelihood of immediate capital expenditures for the buyer.
Situated on a quiet cul-de-sac within walking distance to Arthur C. Butler Elementary and John Perry Park, this home offers a safe, low-traffic environment ideal for families.
Priced under $500,000 in the desirable Elk Grove area, this move-in-ready home represents a highly competitive entry point for first-time buyers or investors.
While the elementary and high schools are highly rated, the assigned middle school has a lower rating of 4, which may be a concern for education-focused families.
At 1,457 square feet, the home's footprint is relatively compact for a three-bedroom residence, potentially limiting its appeal for larger families or those needing extra flex space.
Under $500,000! Tucked away on a quiet cul-de-sac, this beautifully maintained single-story home offers 3 bedrooms, 2 bathrooms, and 1,457 square feet of functional living space. A newer HVAC (2022) and water heater (2022) provide added value and peace of mind, while newer laminate flooring adds a fresh, modern touch throughout the main living areas and bedrooms. The spacious backyard offers room to relax or entertain and features a mature lemon tree, perfect for enjoying a cold glass of lemonade on a hot summer day. Located within the highly desirable Elk Grove Unified School District, the home is within walking distance of Arthur C. Butler Elementary School and John Perry Park, with shopping, dining, and commuter routes just minutes away. Move-in ready, this home is ready for its next owner.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 5.2 mi
Grades 7-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,457 | - |
| Lot Size | 6,408 | - |
| Price | $500.0K | $632.1K |
| Price per sq ft | $343 | $316 |
| Built year | 1994 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 42 |
Jul 16, 2026
$499,990
Initial Listing
Apr 5, 2002
$215,000
Public Record