
Fair Oaks, CA 95628
This Modern 2007-Built Condominium represents a stable residential asset with a List Price of $299,000, positioned accurately at its $299,000 Fair Market Value. Boasting a Good Condition Rating, the interior features a contemporary open-concept layout, fireplace, and private balcony within a well-maintained community. While subject to short sale terms, the property is priced competitively compared to similar area units listed up to $339,000, ensuring long-term desirability. This is a strategic opportunity for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a move-in-ready home in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12400 Fair Oaks Boulevard 132 Subject | $299,000* List Price | 2 | 2 | 1,018 | $294 | - |
A 12400 Fair Oaks Boulevard 233 Sold | $245,000 | 1 | 1 | 786 | $312 | 0.0 mi |
B 12400 Fair Oaks Boulevard 234 Active | $339,000 List Price | 2 | 2 | 1,055 | $321 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property falls within the 10-20 year age range for a 'good' condition rating. The exterior image shows a well-maintained modern building, and the description indicates a functional open-concept layout with contemporary features like a fireplace and balcony, suggesting it is move-in ready despite being a short sale.
Listed at $299,000, the property is priced significantly below its 2022 sale price of $358,000, offering substantial equity potential for the right buyer.
Built in 2007, this condo offers a contemporary open-concept layout with modern amenities like a fireplace and private balcony, which are highly sought after in this market.
The property is situated in a well-maintained community with excellent proximity to local shopping, dining, and parks, enhancing its long-term desirability and rental appeal.
The sale is subject to lender approval, which often results in a more complicated and lengthy closing timeline compared to traditional real estate transactions.
The $435 monthly association fee adds a significant recurring expense that may impact buyer affordability and overall monthly carrying costs.
Great opportunity in Fair Oaks! This 2-bed, 2-bath condo offers an open layout with fireplace, balcony, and cozy kitchen. Located in a well-maintained community near shopping, dining, and parks. This is a Short Sale; all terms subject to lender approval.Additional photos coming soon!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,018 | 1,098 | 50% |
| Lot Size | - | - | 50% |
| Price | $299.0K | $291.0K | 50% |
| Price per sq ft | $294 | $291 | 50% |
| Built year | 2007 | 1979 | 79% |
| HOA | $435 | $470 | 29% |
| Days on market | 181 | 210 | 29% |
Oct 24, 2025
$299,000
Initial Listing
Apr 26, 2022
$358,000
Public Record
Apr 4, 2011
$116,000
Public Record
Dec 21, 2006
$205,000
Public Record