4323 E Fairfax Avenue

House in McLane
Active

4323 East Fairfax Avenue, Fresno, CA 93703

$549,900
$30K (5.2%)
 for Sale at 4323 East Fairfax Avenue, Fresno, CA 93703

23

 for Sale at 4323 East Fairfax Avenue, Fresno, CA 93703
 for Sale at 4323 East Fairfax Avenue, Fresno, CA 93703
 for Sale at 4323 East Fairfax Avenue, Fresno, CA 93703
$549,900
$30K (5.2%)
6
Beds
2
Baths
Half Bath
2,465
Ft²
$223
$/ft²
0.21
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$2,700
WOW! hard to fine a house with a full side mother-n-law as a second house. Excellent for a Big Family, or you can live on one and rent the other. The first house was built in 1952 with three bedrooms and 1 bathroom with a living space of 1165 SQ, But it has been remodeled with interior and exterior paint, New A/C, a new roof, and water-resistant floors. As you walk in, you will notice the spacious living room, beautiful kitchen, and dining room. As you go through the hallway, you will encounter with the spacious bathroom and bedrooms.The second house is a must-see house. It's a brand-new house. It was built in 2022 with three spacious bedrooms...

LISTING AGENT


Building Info

Overview

This property was built in 1952.

General

  • Year Built

    1952
  • Actual Year Built

    1952
  • Total Rooms

    5.00
  • Bedroom Count

    3
  • Bathroom Count

    2.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    6
  • Building Quality

    7
  • Construction Type

    17
  • Building Style

    16
  • Exterior Walls Type

    12
  • Interior Walls Type

    0
  • Roof Shape Type

    0
  • Roof Cover Type

    3
  • Floor Count

    1
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    0
  • Basement Type

    0
  • Basement Area

    0.00
  • Garage Type

    7
  • Garage Square Area

    396.00
  • Parking Space Count

    1.00
  • Patio Type

    0
  • Porch Type

    0
  • Pool Type

    0

Dimensions

  • Lot Size Square Feet

    9,144
  • Lot Size Depth Feet

    1270
  • Lot Size Frontage Feet

    720
  • Total Building Area

    1,165
  • Gross Building Area

    0.00
  • Building Area

    1,165
  • Building Area Source

    L

Heating

  • Fireplace Count

    0.00
  • Air Conditioning Type

    2
  • Heat Code

    24
  • Heated Square Feet

    1,165
  • Heating Fuel Type

    3

Codes

  • Sewer System

    1
  • Water Service Type

    2

Building

Building codes and types
  • Building Type

    0
  • Property Class ID

    R
  • Subdivision

    MAYFAIR #6
  • Land Acres

    0.21
  • Standard Land Use Code

    1001
  • County Land Use Code

    SS01000
  • Legal Description 1

    LOT 1805 TRACT NO 1101 MAYFAIR NO 6

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    Fresno Unified School District
  • Census Tract

    003202

Zoning

The zoning code for this property is R2.
  • Zoning

    R2

Geography

The property is located in zip code 93703.
  • Subdivision Tract Number

    1101
  • Parcel

    447-292-38
  • Block

  • Lot

  • Latitude

    36.7661
  • Longitude

    -119.753

Address

  • Full Address

    4323 E Fairfax Ave
  • Address - House Number

    4323
  • Street Direction

    E
  • Address - Street Name

    Fairfax
  • Address - Suffix Type

    Ave
  • State

    CA
  • City Name

    Fresno
  • Carrier Code

    C014
  • 4-Digit Zip Code

    3422
  • Zip Code

    93703

Valuation

The assessed value of this property is $210,000.
  • Timestamp

    Nov 15, 2021
  • UCID Flag

    C
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2021
  • Tax Amount

    $2,608
  • Tax Rate Code Area

    98-010

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $168,000

Market Valuation

  • Market Total Value

    $0
  • Market Land Value

    $0
  • Market Improvement Value

    $0

Appraisal Valuation

  • Valuation Date

    Nov 13, 2021
  • Confidence Score

    72
  • Final Value

    238,671
  • High Value

    287,493
  • Low Value

    189,850

Assessments Valuation

  • Assessed Year

    2021
  • Assessed Total Value

    $210,000
  • Assessed Land Value

    $40,000
  • Assessed Improvements Value

    $170,000

Sales

  • Current Sale Contract Date

    20200908
  • Current Sale Recording Date

    20201102
  • Current Sale Transaction ID

    11796968891
  • Current Sales Price

    $210,000
  • Current Sale Document Type

    36
  • Current Sale Input Document Number

    2020-0156318
  • Sale Date

    20040317
  • Previous Sale Contract Date

    20040227
  • Previous Sale Type of Sales Price

    16
  • Sale Amount

    $75,000
  • Previous Sale Document Type

    40

Mortgages

  • First Current Mortgage Lender

    SELF HELP FCU
  • First Current Mortgage Transaction Date

    20201102
  • First Current Mortgage Loan Amount

    $168,000
  • First Current Mortgage Terms

    360
  • First Current Mortgage Loan Type

    20
  • First Current Mortgage Loan Due Date

    20501101
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    SELF HELP FCU
  • First Open Lien Mortgage Recording Date

    20201102
  • First Open Lien Mortgage Loan Amount

    $168,000
  • First Open Lien Mortgage Term

    360
  • First Open Lien Mortgage Position

    1
  • First Open Lien Mortgage Loan Type

    20
  • First Open Lien Mortgage Loan Due Date

    20501101
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Lender

    HOMECOMINGS FINANCIAL NETWORK
  • Previous Mortgage Transaction Date

    20040317
  • Previous Mortgage Loan Amount

    $70,000
  • Previous Mortgage Term

    360
  • Previous Mortgage Loan Type

    22
  • Previous Mortgage Loan Due Date

    20340401

Building Features

Exterior

Stucco Exterior

Home Features

Rooms

Basement

HVAC

Central A/CFurnace

Ownership

Previous Owner

Franco Oswaldo

Previous Owner 2

Franco Marlene M

Price History

Date/EventEventPrice
Jun 4, 2023 Price DecreasedPrice Decreased$549,900 $30K (5.2%)
Feb 26, 2023 Price DecreasedPrice Decreased$579,900 $10,100 (1.7%)
Jan 9, 2023 Listed by Home Star, Inc.Listed by Home Star, Inc.$590,000
Nov 2, 2020 SoldSold$210,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$71,820
ExpensesPer Year
$0
Operating ProfitPer Year
$71,820
Cap rate
13.06%

Price Estimate

$648,000$555,399$462,798
20232024202520262027
Current Asking Price

$549,900

HopScore Market Price

$555,399

The current asking price is $5,499 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges

Payment Calculator



Neighborhood

About McLane

Stats & Trends

The median asking price in McLane is $349,998.
  • Median Asking

    $349,998
  • Sale Price/ft²

    $226.44
  • Below Asking

    0.01%
  • Days on Market

    43

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Nearby Rentals



4323 East Fairfax Avenue has been categorized by the local assessors in Fresno, CA as a unknown type of property. The building on the property was first built in 1952 and is 71 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4323 East Fairfax Avenue has 1,165 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,270 ft and across the front of the lot is 720 ft. The area measurement of the land has been determined as 9,144 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 396 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with unknown control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of unknown by the local assessor. The roof of the building is made of unknown. The exterior walls of the building are made of unknown. The inside of the home is being cooled with unknown at the moment. In terms of heating, it is utilizing unknown and being fueled with unknown. Finally, the property is currently sourcing its water from unknown system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4323 East Fairfax Avenue was last sold in Sep 8, 2020 for $210,000. According to our calculations, that's $180.26 per sqft. Prior to that sales transaction, the property was sold for $75,000 in Feb 27, 2004. Current property owners are expected to pay $2,608 in taxes per year. The property on 4323 East Fairfax Avenue was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $210,000. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $170,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

4323 East Fairfax Avenue, Fresno, CA 93703


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