5129 Illinois Avenue, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 2 bath

5129 Illinois Avenue, Fair Oaks, CA 95628 home-pic-0

5129 Illinois Avenue

Fair Oaks, CA 95628

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,500Sq Ft
18,731Lot Size

Property Price

LIST PRICE$700,000
EST. MARKET VALUE
$645,939
8% AboveMARKET VALUE

SUMMARY

Analysis of 5129 Illinois Avenue, Fair Oaks, CA 95628 reveals a property with a current list price of $700,000, which is 8% above the estimated $645,939 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Fair Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$645,939
Based on Realkey algorithm analyzing recent comparable sales in Fair Oaks.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5129 Illinois Avenue
Subject
$700,000*
List Price
321,500$431-
A
5040 Havelok Street
Sold
$565,000321,396$4050.1 mi
B
4820 Sanford Street
Sold
$610,000321,710$3570.4 mi
C
8725 Jonnie Way
Sold
$610,000321,544$3950.6 mi
D
5001 Shamrock Drive
Sold
$850,000321,900$4470.8 mi
E
8468 Hidden Valley Circle
Sold
$645,000421,571$4110.9 mi
F
8467 Hidden Valley Circle
Pending
$559,000
List Price
321,428$3910.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features significant recent infrastructure upgrades, including copper plumbing (2024), a one-year-old water heater, and a five-year-old HVAC system. The interior is well-maintained with an updated kitchen, modern laminate flooring, and a primary bathroom featuring a large walk-in shower. While the home was built in 1957, the recent updates to major systems and functional interior renovations meet the criteria for a 'good' condition score.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18731, living area = 1500.

  • Expansive Outdoor Living

    The massive 18,731 sqft lot features a lush garden, mature fruit trees, and a premium covered patio with brick pavers, offering exceptional privacy and outdoor entertaining potential.

  • Significant Infrastructure Updates

    Recent high-value upgrades including copper plumbing (2024), a one-year-old water heater, and a five-year-old HVAC system provide peace of mind and reduced immediate maintenance costs.

CONSRISKS & DEFICIENCIES

  • Mid-Century Scale

    Built in 1957, the 1,500 square foot interior may feel compact compared to modern builds, potentially limiting space for those seeking expansive open-concept living.

  • Premium Price per Square Foot

    At a list price of $700,000, the cost per square foot is relatively high for the Fair Oaks market, which may challenge buyers prioritizing interior square footage over lot size.

About 5129 Illinois Avenue

Stunning home on a huge lot with a large garden and multiple fruiting trees, plus a beautiful covered patio with brick pavers and ceiling fans. Perfect for outdoor living and entertaining. The expansive yard offers room to garden, relax, or create your own backyard retreat. A wide brick paver driveway and RV space provide excellent parking and flexibility. Inside, large windows fill the home with natural light. The updated kitchen features ample counter space and a functional layout that makes everyday cooking easy, opening to a comfortable living area with fireplace. Laminate flooring runs through much of the home for a clean, durable finish. The primary bathroom includes a large walk-in shower and a peaceful window view to start the day. Additional features include a hot water heater only one year old, HVAC approximately five years old, and a whole house fan. Conveniently located near shopping and public transportation.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1957
Lot Size
18,731 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,5001,889
26%
Lot Size18,73110,454
88%
Price$700.0K$617.0K
66%
Price per sq ft$467$330
94%
Built year19571972
18%
HOA$0$0
50%
Days on market8170
1%

Pricing History

Listed for Sale

Feb 27, 2026

$700,000

Initial Listing

Sold

Jul 11, 2014

$395,000

Public Record

Sold

Jul 19, 2013

$240,000

Public Record

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