8616 Pershing Ave, Fair Oaks, CA 95628, Fair Oaks, 95628 - 4 bed, 3 bath
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8616 Pershing Ave
Fair Oaks, CA 95628
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,456Sq Ft
8,830Lot Size
Property Price
LIST PRICE$559,900
EST. MARKET VALUE
$605,016
7% BelowMARKET VALUE
SUMMARY
This Turn-Key Single Family Residence is a Strong Value Opportunity, listed at $659,500—positioned well below the $685,097 Fair Market Value by 3%. This valuation gap offers $25,597 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes recent interior updates like new LVP flooring and fresh paint. Located in a prime Fair Oaks neighborhood with Top-Tier Schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home with immediate financial upside.
Estimated Market Value
$605,016+$45,116 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fair Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8616 Pershing Ave Subject 4 bd · 3 ba · 2,456 sqft · $246 | $559,900* List Price | 4 | 3 | 2,456 | $246 | - |
A 8285 Mercer Way Sold 4 bd · 3 ba · 2,238 sqft · $279 · 0.8 mi | $625,000 | 4 | 3 | 2,238 | $279 | 0.8 mi |
B 5300 Roper Avenue Sold 5 bd · 3 ba · 2,305 sqft · $293 · 0.5 mi | $675,000 | 5 | 3 | 2,305 | $293 | 0.5 mi |
C 8226 Econ Court Active 4 bd · 3 ba · 2,413 sqft · $290 · 1.0 mi | $700,000 List Price | 4 | 3 | 2,413 | $290 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1987, the home has undergone a recent interior refresh with new LVP flooring, fresh paint, and modern fixtures, making it move-in ready. While the interior shows recent updates, the exterior siding and fencing show age consistent with a well-maintained property rather than a total mint-condition renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Curb Appeal
Situated on a desirable corner lot in the sought-after Pershing Estates, this property offers excellent privacy and proximity to top-tier schools and local amenities.
- Versatile Turn-Key Layout
With nearly 2,460 sq. ft. of move-in-ready space, the home features a functional four-bedroom plus loft design and three full baths, catering to modern family needs.
- No HOA Fees
The absence of a homeowners association fee provides buyers with lower monthly carrying costs and greater freedom regarding property use and modifications.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1987, the property may soon require capital improvements to major systems like the roof or HVAC, despite its current turn-key aesthetic.
- Limited Lot Utility
While the corner lot provides privacy, the 0.20-acre size may feel restrictive for buyers seeking expansive outdoor space or significant future structural additions.
About 8616 Pershing Ave
Situated on a prime corner lot in highly sought-after Fair Oaks, this wonderful residence delivers nearly 2,460 sq. ft. of turn-key living space. The intuitive, open floor plan features four bedrooms plus a flexible upstairs loft space, complemented by three full bathsincluding a generous upper-level bath. Outside, the roughly 0.20-acre grounds offer exceptional privacy, standout curb appeal, and plentiful room for outdoor dining, gardening, or future additions. Enjoy quick access to top-tier schools, local parks, boutiques, and popular eateries.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 8,830 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.6 |
| Square foot | 2,456 | 1,905.543 |
| Lot Size | 8,830 | 10,497.37 |
| Price | $559.9K | $653.6K |
| Price per sq ft | $228 | $336 |
| Built year | 1987 | 1976 |
| HOA | $0 | $343 |
| Days on market | 45 | 41 |
Pricing History
Listed for Sale
Oct 13, 2026
$559,900
$605,000
-7% Price Drop
Initial Listing
Price Change
Sep 27, 2026
$605,000
$625,000
-3% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$625,000
$659,500
-5% Price Drop
Initial Listing
Price Change
Sep 9, 2026
$659,500
Initial Listing
Sold
May 21, 2015
$412,500
Public Record
Sold
Dec 31, 2014
$298,000
Public Record