For SaleRisky Deal165 days on market
8575 Black Kite Dr
8575 Black Kite Dr, Elk Grove, CA 95624, Elk Grove, CA 95624
$498,000
Estimate®:$497,500
Listing Price
8575 Black Kite Dr, Elk Grove, CA 95624
Loc: Elk Grove, CA
Days Listed
165
Tax Assessed
$294k
Estimate®
$498k
Market Rate
Lot Size
4,500 sqft
Rent Estimate
$2,729/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Arthur C. Butler Elementary School
K-6
1 mi away
7
Edward Harris, Jr. Middle School
7-8
1 mi away
7
Monterey Trail High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
single-storyranch-stylestucco exteriorattached garagetwo-car garagegabled roofresidentialsuburbanneat landscapingdrivewaylight trimneutral colorstraditional architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.02%
Total ROI
46.2%
Cash Flow
$-915/mo
DSCR
0.65
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-915/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Elk Grove, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-11 | Price change | $498,000 | $337 |
| 2026-07-22 | Price change | $518,000 | $351 |
| 2026-04-13 | Listed for sale | $525,000 | $356 |
| 2022-10-19 | Listing removed | $0 | – |
| 2022-10-18 | Listed for rent | $2,300 | $2 |
| 2022-05-14 | Listing removed | $0 | – |
| 2022-05-11 | Listed for rent | $2,300 | $2 |
| 2014-01-29 | Sold | $235,000 | $159 |
| 2013-12-11 | Price change | $230,000 | $156 |
| 2013-11-25 | Listed for sale | $250,000 | $169 |
| 2009-09-17 | Sold | $167,000 | $113 |
| 2009-07-20 | Price change | $161,900 | $110 |
| 2009-07-18 | Listed for sale | $0 | – |
| 2009-06-11 | Sold | $234,969 | $159 |
| 1997-06-27 | Sold | $127,500 | $86 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $293,827 |
| 2025 | $3,560.96 | $288,066 |
| 2024 | $4,355.4 | $282,419 |
| 2023 | $3,615.12 | $276,882 |
| 2022 | $3,154.64 | $271,454 |
| 2021 | $3,109.64 | $266,132 |
| 2020 | $3,067.38 | $263,404 |
| 2019 | $3,010.36 | $258,240 |
| 2018 | $2,930.2 | $253,177 |
| 2017 | $3,194.78 | $248,214 |
| 2016 | $2,736.48 | $243,348 |
| 2015 | $2,045.28 | $239,694 |
| 2014 | $2,045.28 | $175,845 |
| 2013 | $0 | $175,051 |
| 2012 | $0 | $152,741 |
| 2011 | $0 | $160,318 |
| 2010 | $0 | $167,000 |
| 2008 | $0 | $170,394 |
| 2007 | $0 | $167,054 |
| 2006 | $0 | $163,779 |
| 2005 | $0 | $160,569 |
| 2004 | $0 | $157,422 |
| 2003 | $0 | $154,538 |
| 2002 | $0 | $151,509 |
| 2001 | $0 | $137,755 |
| 2000 | $0 | $135,055 |
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