
Fair Oaks, CA 95628
This Condominium is a Strong Value Opportunity, listed at $279,900—positioned well below the $264,735 Fair Market Value by -5%. Featuring a 2007 build date and a Good Condition Rating, the unit offers a modern open-concept layout, in-unit laundry, and a private balcony. While the association fee is notable, the property’s functional design and prime Fair Oaks location provide a stable entry point into the market. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12400 Fair Oaks Blvd #132 Subject 2 bd · 2 ba · 1,018 sqft · $257 | $269,900* List Price | 2 | 2 | 1,018 | $257 | - |
A 12400 Fair Oaks Boulevard 234 Active 2 bd · 2 ba · 1,055 sqft · $321 · 0.0 mi | $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 is approximately 19 years old, which falls within the 10-20 year range for the 'Good' category. The kitchen features functional stainless steel appliances and clean countertops, and the overall living spaces appear well-maintained and move-in ready.
Built in 2007, this condo features a contemporary open-concept design with a breakfast bar and in-unit laundry, providing the convenience and flow expected by modern buyers.
Listed at $279,900, the property is priced significantly below its 2022 sale price of $358,000, offering a high-value entry point into the desirable Fair Oaks market.
Situated in a prime Fair Oaks location, the property offers excellent proximity to local amenities and services, enhancing its appeal for both owner-occupants and investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 1283.
The monthly association fee of $465 is relatively high for a two-bedroom unit, which may impact overall affordability and debt-to-income ratios for prospective buyers.
With 99 days on the market, the property may suffer from a 'stale' listing perception, potentially requiring more aggressive marketing or negotiation to secure a buyer.
Highly desirable convenient Fair Oaks location! This condo features open design that connects the living spaces smoothly. Chair rail molding adds classy architectural detail and visual interest to the walls. The kitchen features a breakfast bar, ideal for casual dining and conversation while preparing meals. In-unit laundry offers a genuine convenience for daily living. A private balcony offers a personal outdoor retreat. This is a Fannie Mae HomePath property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,018 | 1,057.833 |
| Lot Size | 436 | 3,630.2 |
| Price | $269.9K | $273.3K |
| Price per sq ft | $265 | $264 |
| Built year | 2007 | 1980 |
| HOA | $465 | $476 |
| Days on market | 124 | 82 |
Oct 22, 2026
$269,900
$279,900
-4% Price Drop
Initial Listing
Jun 22, 2026
$279,900
Initial Listing
Apr 26, 2022
$358,000
Public Record
Apr 4, 2011
$116,000
Public Record
Dec 21, 2006
$205,000
Public Record