Property listing for 8831 Minnie Circle, Elk Grove, CA 95624
ActiveSingle Family Home

$500,000

8831 Minnie Circle, Elk Grove, CA 95624

Corner-Lot Halfplex with Sunroom Steps from Elk Grove High

3 Bed · 3 Bath · 2,001 Sq Ft

Flexible 3BR/3BA floorplan, low-maintenance yard, excellent school access

3

Beds

3

Baths

2,001

Sq Ft

1984

Built

0.11 acres

Lot

2-car attached

Garage

About 8831 Minnie Circle

What immediately distinguishes 8831 Minnie Circle is the corner-lot presence and a bright sunroom that expands usable living space—an ideal spot for a home office, play zone, or quiet reading nook. This two-story halfplex offers a practical, family-friendly layout across 2,001 square feet: a main-level bedroom and full bath for guests or multigenerational living, plus two upstairs bedrooms including a primary suite with an en suite bath and walk-in closet. The third bedroom also enjoys its own private bath, a layout that reduces morning traffic and increases privacy.

Inside you'll find an open-feeling living area anchored by a brick fireplace, providing a warm focal point for gatherings. The kitchen features durable tile counters and connects comfortably to the main living spaces, while the large laundry room—with built-in cabinets and a storage closet—makes organization effortless. Recent ownership has kept the home in good condition; mechanical systems are central heat and cooling and the roof is composition-built, typical for homes of this era.

Outdoors the property was designed for low-maintenance living: a tidy backyard that frees up weekends and a corner frontage that enhances curb appeal and privacy. The attached two-car garage plus driveway parking accommodate vehicles and weekend projects, and street access on Minnie Circle offers straightforward ingress and egress.

Location is a major asset. Families will appreciate being about 0.2 miles from Elk Grove High School, with Joseph Kerr Middle and Florence Markofer Elementary also within a short walk—making school drop-offs and after-school activities simple. Old Town Elk Grove and Elk Grove Park sit just over a mile away, bringing restaurants, shops, and open space within easy reach. Whether you’re a buyer seeking a move-in-ready family home, an investor attracted by rental prospects, or someone who values proximity to established community amenities, this halfplex balances convenience, functionality, and long-term value.

Note: property sold in 2022 for $504,000 and assessed at $534,847 in 2025. Comparable recent sales in the immediate area support a market range near the listed price. Buyers should verify lot boundaries, mechanical ages, and HOA or local requirements during inspection and escrow.

Home Highlights

Corner lot with sunroomMain-level bedroom and full bathPrimary suite with walk-in closetBrick fireplace in living roomLarge laundry with storage2-car attached garageLow-maintenance backyardEstimated rental income: ~$2,500/month

Property Features

Interior Features

  • 3 bedrooms, 3 bathrooms
  • Primary suite with en suite bath and walk-in closet
  • Main-level bedroom and full bath
  • Sunroom/bonus living space
  • Living room with brick fireplace
  • Kitchen with tile countertops
  • Large laundry room with cabinets and storage closet
  • Central heating & cooling

Exterior & Lot

  • Corner lot with enhanced frontage on Minnie Circle
  • 0.11-acre low-maintenance backyard
  • 2-car attached garage with driveway parking
  • Level topography
  • Composition roof

Location & Neighborhood

  • 0.2 mi to Elk Grove High School
  • 0.4 mi to Florence Markofer Elementary
  • 0.5 mi to Joseph Kerr Middle School
  • Approximately 1.0 mi to Old Town Elk Grove
  • About 1.2 mi to Elk Grove Park
  • Sacramento-Roseville-Arden-Arcade MSA (Sacramento County)

Walkability & Recreation

  • Walkability Rating: 65/100 — Somewhat Walkable
  • Nearby parks and green spaces: Elk Grove Park (1.2 mi)
  • Old Town Elk Grove dining and shopping (1.0 mi)
  • School access within short walking distance
  • Community recreation facilities and neighborhood sidewalks nearby

Neighborhood & Location

This section of Elk Grove is established and family-oriented, with three well-rated schools within easy walking distance and parks nearby. Old Town Elk Grove—about a mile away—offers independent shops, restaurants, and community amenities that lend everyday convenience and weekend leisure options. The neighborhood is primarily residential, with tree-lined streets and a mix of single-family homes from the 1980s onward. Residents value school proximity, straightforward commutes toward greater Sacramento, and easy access to local parks and recreational facilities.

Market Insights

Elk Grove’s market currently reads as balanced with a slight tilt in favor of sellers. Inventory sits around 2.5 months—below what would be considered neutral—while average days on market near 32 indicate reasonably quick turnover for well-priced homes. Median sale prices in the broader area are roughly $645,000, and one-year appreciation is modest but positive (~5%), continuing a multi-year trend (approx. +25% since 2020) that reflects steady demand from families and professionals.

For this property type—a 3-bedroom single-family halfplex—the local market shows consistent buyer interest, particularly because of proximity to schools and low-maintenance yards. Comparable nearby halfplex sales in the last six months traded in the mid-$500Ks, supporting our valuation midpoint near $500,000. Rental comps and internal estimates suggest a gross rental estimate around $2,400–$2,600/month, making the home viable for investors seeking cash-flow or owner-occupants planning to offset mortgage costs.

Given the current inventory and average marketing times, well-presented homes priced in line with comps typically receive significant buyer attention within the first few weeks. This is a sensible window for both buyers and sellers: buyers can still negotiate, while sellers benefit from solid comparable sales and steady buyer demand. Verify inspection items—age of HVAC and roof—before finalizing terms.

Nearby Schools

Elk Grove High School

High · 0.2 mi

6/10

Joseph Kerr Middle School

Middle · 0.5 mi

7/10

Florence Markofer Elementary School

Elementary · 0.4 mi

6/10

Walkability & Recreation

65
Walkability
78
Recreation

Very good local recreation: Elk Grove Park and Old Town Elk Grove are within roughly a mile, offering green space, community amenities, and casual dining/shopping options for daily life and weekend activities.

Investment Highlights

  • Flexible layout with sunroom providing additional living space
  • Corner lot location offering enhanced privacy and curb appeal
  • Proximity to Elk Grove High School (0.2 mi) and other schools
  • Low-maintenance backyard designed for easy living
  • 2-car attached garage with additional driveway parking

Key Findings

  • Assessed value of $534,847 aligns with market estimate
  • Last sold in 2022 for $504,000 ($252/SF)
  • Zoned RD-5 allowing single-family residential use
  • Located within 0.5 miles of three well-rated schools
  • Comparable sales within 0.5 miles range from $485K–$515K

Things to Consider

  • Built in 1984 — potential for aging systems requiring maintenance
  • Halfplex configuration may not appeal to all buyers
  • Proximity to schools may result in increased traffic during peak hours

Opportunity Analysis

Well-maintained halfplex in a desirable Elk Grove location with a flexible layout and proximity to schools and amenities. Stable market value with potential for appreciation.

Potential Use Scenarios

  • Ideal for families seeking proximity to schools
  • Potential for rental income given the flexible layout
  • Low-maintenance yard appeals to buyers seeking easy upkeep

Risk Factors

  • 1984 construction — potential for aging systems
  • Halfplex configuration may limit buyer pool
  • Proximity to schools may lead to increased traffic

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$485K

Midpoint

$500K

High

$515K

$250/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and location. Assessed value of $534,847 aligns with market estimate.

As of 2026-05-23

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$645,000
Avg Days on Market32 days
Inventory2.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)15,000
Median Income (1 mi)$75,000

Elk Grove median home values increased 25% from 2020-2025. Strong demand from families and professionals. Walkability Rating estimate: 65/100.

Nearby Points of Interest

  • Elk Grove High School (0.2 mi)
  • Florence Markofer Elementary School (0.4 mi)
  • Joseph Kerr Middle School (0.5 mi)
  • Old Town Elk Grove (1.0 mi)
  • Elk Grove Park (1.2 mi)

Walking distance to schools and parks; close to shopping and dining in Old Town Elk Grove.

School District

DistrictElk Grove Unified School District
ElementaryFlorence Markofer Elementary School (6/10)
MiddleJoseph Kerr Middle School (7/10)
HighElk Grove High School (6/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1984
Constructionframe
Stories2
Roofcomposition
Heatingcentral
Coolingcentral
Basementnone
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.11 acres (4,792 SF)
Topographylevel
Parkingattached_garage
Parking Spaces2
FrontageCorner lot with frontage on Minnie Circle

Utilities

Waterpublic
Sewerpublic
Electric220 Volts

Zoning & Land Use

Zoning CodeRD-5
DescriptionSingle Family Residential
JurisdictionCity of Elk Grove

Allowed Uses

single familyaccessory dwelling unithome occupation
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$534,847
Land$164,487
Improvements$370,360
Annual Tax (2025)$5,851

Sale History

2022-02-14$504,000

$252/SF

Arm's length transaction

2020-10-07$400,000

$200/SF

Arm's length transaction

2012-11-30$214,000

$107/SF

Arm's length transaction

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