7948 Orange Avenue, Fair Oaks, CA 95628, Fair Oaks, 95628 - 4 bed, 3 bath
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Fair Oaks, CA 95628
Analysis of 7948 Orange Avenue, Fair Oaks, CA 95628 reveals a Prime Investment Opportunity with a current list price of $610,000—significantly undercutting the $765,564 Fair Market Value by 20%. This valuation gap indicates a +$155,564 Instant Equity potential for buyers. 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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7948 Orange Avenue Subject | $615,000 | 4 | 3 | 2,926 | $262 | - |
A 8063 Youngheart Lane Sold | $755,000 | 4 | 3 | 2,889 | $261 | 0.5 mi |
B 4516 New York Avenue Sold | $690,000 | 5 | 3 | 3,144 | $219 | 0.3 mi |
C 8075 Vintage Way Sold | $525,000 | 4 | 3 | 2,193 | $239 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, originally built in 1957, underwent a 'huge remodel' in 2009, which is 15 years ago, placing it within the 5-15 year renovation window for a 'Good' rating. The kitchen features high-end Bosch appliances, granite counters, and well-maintained cherry wood cabinetry, consistent with the remodel. Bathrooms, including the primary with a jetted tub and glass shower, appear clean and functional, though some styles reflect the 2009 renovation rather than current trends. Hardwood floors in living areas are in good condition. While the listing mentions it 'will need some attention to bring back the shine,' this suggests minor cosmetic updates rather than immediate major renovations, aligning with the 'move-in ready with no immediate renovation required' aspect of a 'Good' score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2926.
Situated in a desirable area, just blocks from Fair Oaks Village, offering convenient access to entertainment and amenities.
Features a significant remodel from 2009, highlighted by a chef's kitchen with high-end Bosch appliances, granite counters, and vaulted ceilings.
Despite a significant 2009 remodel, the property description indicates it 'will need some attention to bring back the shine,' suggesting further cosmetic updates are needed.
The property is located next to planned future custom homes with no completion dates, posing potential for construction disruption and future changes to the immediate environment.
Built in 1957, the underlying structure and some systems may be original or older, potentially requiring more maintenance or future upgrades compared to newer constructions.
Fabulous opportunity to own a custom built in prime Fair Oaks. Seller did a huge remodel in 2009 with upgrades you will not find in this price range. This very spacious 4/3 includes a large formal foyer, arched entry ways, a spacious vaulted liv rm with a built-in entertainment center, primary bedroom has a wonderful large walk-in closet with built-ins, primary bath includes a glass shower surround, and jetted tub. The fabulous chef's kitchen is the heart of this home and has huge vaulted ceilings, high end Bosch appliances, granite counters/backsplash and plenty of space for very large gatherings. There is a separate wing that features an oversized laundry room, another living/flex space as well as bed # 4 and another full bath. The home will need some attention to bring back the shine, but truly is one to see. This property is at the back of a previous planned cul-de-sac that planned for 5 new custom homes in the future, those sites are also currently for sale, so no dates for completion can be provided. Located just a couple of blocks from Fair Oaks village with entertainment fun and priced to sell makes this property a fabulous opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 2,926 | 1,934 | 87% |
| Lot Size | 13,068 | 10,724.5 | 69% |
| Price | $615.0K | $647.5K | 45% |
| Price per sq ft | $210 | $336 | 3% |
| Built year | 1957 | 1971 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 230 | 182 | 83% |
Oct 2, 2025
$615,000
Public Record
Jun 8, 2009
$535,000
Public Record
May 17, 2007
$460,500
Public Record