4828 Rockland Way, Fair Oaks, CA 95628, Fair Oaks, 95628 - 2 bed, 2 bath
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Fair Oaks, CA 95628
This property presents a High-Potential Investment Opportunity with a List Price of $471,000—positioned well below the $415,753 Fair Market Value by -13%. While the property is currently listed above market value, its Condition Rating of 4 and recent roof replacement provide a solid foundation for value-add cosmetic updates. Located just 0.24 miles from the highly-rated Harry Dewey Fundamental Elementary, this home offers significant long-term appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4828 Rockland Way Subject | $471,000* List Price | 2 | 2 | 1,441 | $289 | - |
A 6824 Oaklawn Way Sold | $456,500 | 4 | 3 | 1,744 | $262 | 0.5 mi |
B 6834 Anchor Circle Sold | $485,000 | 3 | 2 | 1,471 | $330 | 0.6 mi |
C 5200 Roseana Court Sold | $460,000 | 4 | 2 | 1,407 | $327 | 0.8 mi |
D 4979 Hillridge Way Sold | $550,000 | 4 | 3 | 1,744 | $315 | 0.6 mi |
E 4970 Hillhurst Drive Sold | $560,000 | 4 | 3 | 1,924 | $291 | 0.5 mi |
F 5437 Elsinore Way Sold | $507,500 | 3 | 2 | 1,622 | $313 | 0.8 mi |
G 6716 Ellsworth Circle Pending | $495,000 List Price | 4 | 2 | 1,479 | $335 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, the property is over 50 years old but has received some updates, including a new roof and partial interior renovations like newer laminate flooring and bathroom wall tiling. However, it remains dated with popcorn ceilings, original-style kitchen cabinetry, and older appliances. It is functional and move-in ready but requires cosmetic updates and modernization of the kitchen and systems to reach a higher rating.
The property features a newly installed roof, providing essential exterior integrity and peace of mind regarding long-term maintenance costs.
Located just 0.24 miles from Harry Dewey Fundamental Elementary (Rating 7), the home offers excellent educational opportunities within walking distance.
The residence includes a welcoming patio and a fully fenced backyard, creating a private and secure environment for outdoor relaxation and pets.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The property was recently sold within the past year on 2026-05-13. The sold price is $494,000.00.
With only two bedrooms, the property may face a smaller buyer pool compared to the standard three-bedroom homes typically sought by growing families.
Step into 4828 Rockland Way, a residence recently enhanced with a new roof providing updated exterior integrity. The living space includes a comfortable fireplace, and the exterior features a welcoming patio that connects to a fully fenced in backyard, completing the functional outdoor areas. This combination of updates and outdoor comfort creates an ideal living environment. Included 100-Day Home Warranty with buyer activation
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,441 | 1,924 | 21% |
| Lot Size | 6,098 | 10,454 | 11% |
| Price | $471.0K | $670.0K | 15% |
| Price per sq ft | $327 | $336 | 43% |
| Built year | 1967 | 1973 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 185 | 1% |
Jun 2, 2026
$471,000
Initial Listing
May 13, 2026
$494,000
Public Record
Nov 24, 2015
$280,000
Public Record
Nov 20, 2013
$270,000
Public Record
Apr 1, 2011
$196,000
Public Record
Jun 18, 2007
$333,000
Public Record
Apr 28, 1999
$140,000
Public Record