8366 Madison Avenue, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 2 bath
8366 Madison Avenue
Fair Oaks, CA 95628
Property Price
SUMMARY
Analysis of 8366 Madison Avenue, Fair Oaks, CA 95628 reveals a property with a current list price of $879,000, which is 8% above the estimated $812,861 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8366 Madison Avenue Subject | $879,000* List Price | 3 | 2 | 2,000 | $406 | - |
A 5001 Shamrock Drive Sold | $850,000 | 3 | 2 | 1,900 | $447 | 0.5 mi |
B 4809 Tiffany Way Sold | $745,000 | 3 | 3 | 1,872 | $398 | 0.9 mi |
C 4951 Richwood Court Sold | $795,900 | 4 | 2 | 2,338 | $340 | 0.7 mi |
D 8169 Woodleaf Drive Sold | $735,000 List Price | 3 | 3 | 2,052 | 0.6 mi | |
E 8181 Woodleaf Drive Sold | $665,000 | 3 | 2 | 1,553 | $428 | 0.6 mi |
F 8072 Dorian Way Sold | $617,000 | 4 | 3 | 1,643 | $376 | 1.0 mi |
G 4900 Stonewood Court Pending | $734,999 List Price | 4 | 3 | 2,195 | $335 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1957, the property has undergone a comprehensive recent renovation that meets modern quality standards. The main residence features a fully updated open-concept kitchen with contemporary cabinetry, quartz countertops, and stainless-steel appliances, along with modernized bathrooms and flooring. The addition of a second renovated unit and the overall move-in-ready state, following what appears to be a complete top-to-bottom overhaul within the last few years, justifies an excellent rating.
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 = 14810, living area = 2000.
- Dual-Unit Versatility
The property features two separate homes on one lot, providing an exceptional opportunity for rental income, guest accommodations, or multigenerational living with a private second address.
- Modern Interior Renovations
The main 2,000 sq. ft. residence has been thoroughly updated with an open-concept layout, quartz countertops, and contemporary cabinetry, ensuring a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1356.
- High-Traffic Location
Being located on Madison Avenue, a major thoroughfare, the property is subject to higher noise levels and traffic volume compared to interior neighborhood streets.
- Vintage Infrastructure
With the original structure dating back to 1957, buyers may face long-term maintenance needs associated with older plumbing, electrical, or foundation systems despite the cosmetic renovations.
About 8366 Madison Avenue
Two homes on one lot, offering flexibility for multigenerational living, guest accommodations, or rental income. The main residence is approximately 2,000 sq. ft. and has been thoroughly renovated with thoughtful attention to detail. It features 3 spacious bedrooms, 2 updated bathrooms, and an open-concept floor plan designed for modern living. The kitchen boasts contemporary cabinetry, quartz countertops, and stainless-steel appliances, seamlessly connecting to the dining and living areas. The second home is approximately 765 sq. ft. and provides 2 bedrooms,1 full bath, kitchen, and living area, offering a comfortable and private living space. With its own entrance and address, it is ideal for extended family, visiting guests, or as an income-producing rental. Situated in a desirable Fair Oaks neighborhood, the property is close to schools, shopping, dining, and parks. This versatile property is move-in ready and presents a unique opportunity with endless possibilities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 14,810 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,000 | 1,889 | 55% |
| Lot Size | 14,810 | 10,454 | 79% |
| Price | $879.0K | $617.0K | 85% |
| Price per sq ft | $440 | $330 | 89% |
| Built year | 1957 | 1972 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 170 | 3% |
Pricing History
Listed for Sale
Feb 1, 2026
$879,000
Initial Listing
Sold
Mar 28, 2024
$310,000
Public Record
Sold
Dec 28, 2023
$260,000
Public Record