$500,000
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
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.
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.
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.
Elk Grove High School
High · 0.2 mi
Joseph Kerr Middle School
Middle · 0.5 mi
Florence Markofer Elementary School
Elementary · 0.4 mi
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.
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.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$485K
Midpoint
$500K
High
$515K
$250/SF estimated price per square foot
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.
Elk Grove median home values increased 25% from 2020-2025. Strong demand from families and professionals. Walkability Rating estimate: 65/100.
Walking distance to schools and parks; close to shopping and dining in Old Town Elk Grove.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$252/SF
Arm's length transaction
$200/SF
Arm's length transaction
$107/SF
Arm's length transaction
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