
Fair Oaks, CA 95628
This Turnkey Condominium is a Strong Value Opportunity, listed at $247,500—positioned slightly above the $242,735 Fair Market Value. While the price reflects a premium, the property maintains a Condition Rating of 4, featuring fresh paint and new carpeting. Residents enjoy a Community Pool, Spa, and Gated Security, alongside FHA Financing Eligibility. While local middle and high schools have lower ratings, the proximity to Harry Dewey Fundamental Elementary adds stability. This home is an ideal choice for first-time buyers or owner-occupants seeking a low-maintenance, secure lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5333 Primrose Drive 28A Subject | $225,000* List Price | 2 | 2 | 994 | $232 | - |
A 5333 Primrose Drive 26B Sold | $217,500 | 2 | 2 | 994 | $219 | 0.0 mi |
B 7711 Juan Way 2A Sold | $220,000 | 2 | 1 | 960 | $229 | 0.1 mi |
C 4839 Vir Mar Street 2 Sold | $205,000 | 1 | 1 | 808 | $254 | 0.8 mi |
D 5333 Primrose Drive 24A Active | $260,000 List Price | 2 | 2 | 994 | $262 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979 (45 years old), the property falls into the >20y category. While it has been refreshed with new neutral carpeting and paint, there is no mention of recent kitchen, bathroom, or major system (HVAC/Electric) overhauls, suggesting the core of the home remains dated and will eventually require modernization.
The property is on the FHA Approved Condo List, which is a significant advantage for first-time homebuyers seeking low down payment options in a competitive market.
With fresh interior paint, new neutral carpeting, and a well-maintained open-concept layout, this home offers a turnkey experience for buyers looking to avoid immediate renovation costs.
Located within a gated community, the property provides enhanced security along with desirable lifestyle amenities including a community pool and spa.
The association fee of $585 per month is relatively high compared to the listing price, which may impact the debt-to-income ratio and overall affordability for some buyers.
While the elementary school is highly rated, the assigned middle and high schools have lower ratings (3 out of 10), which could be a drawback for families prioritizing long-term educational performance.
Welcome to Primrose. This lower level charming 2-bedroom, 2-bathroom home has been beautifully maintained and offers a comfortable, open-concept dining and family room perfect for everyday living. Enjoy cozy evenings by the fireplace, natural light from the kitchen window, and a private outdoor patio ideal for relaxing or entertaining. With thoughtful features throughout and a welcoming layout, this home has has been updated with neutral carpeting and freshly painted walls. Community pool, spa, security gates, and HOA on the FHA Approved Condo List are added bonuses. Hurry, this one is sure to please.
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades K-8 • 0.4 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.4 |
| Baths | 2.0 | 1.6 |
| Square foot | 994 | 1,077.4 |
| Lot Size | - | 3,935.5 |
| Price | $225.0K | $281.0K |
| Price per sq ft | $226 | $268 |
| Built year | 1979 | 1980 |
| HOA | $585 | $455 |
| Days on market | 44 | 95 |
Aug 5, 2026
$225,000
$247,500
-9% Price Drop
Initial Listing
Jul 27, 2026
$247,500
Initial Listing
May 8, 2013
$77,000
Public Record
Feb 26, 2010
$105,000
Public Record
Feb 2, 2001
$90,000
Public Record