Single-family home in Fair Oaks sells for $1.2 million

A spacious house built in 1951 located in the 7700 block of Magnolia Avenue in Fair Oaks has a new owner. The 2,703-square-foot property was sold on Dec. 16, 2022 for $1,225,000, or $453 per square foot. The property features four bedrooms, three baths, a garage, and seven parking spaces. There's also a pool in the backyard. The unit sits on a 1.4-acre lot.

Additional houses have recently been purchased nearby:

• In March 2022, a 1,670-square-foot home on New York Avenue in Fair Oaks sold for $450,000, a price per square foot of $269.
• A 1,808-square-foot home on the 7700 block of Magnolia Avenue in Fair Oaks sold in November 2022 for $1,030,000, a price per square foot of $570.
• On Doneva Avenue, Fair Oaks, in May 2021, a 2,051-square-foot home was sold for $550,000, a price per square foot of $268.

This story was originally published December 27, 2022 at 8:08 AM with the headline "Single-family home in Fair Oaks sells for $1.2 million."