4323 E Fairfax Avenue
House in McLane
Active
4323 East Fairfax Avenue, Fresno, CA 93703

23
Map



$549,900
$30K (5.2%)
6
Beds
2
Baths
–
Half Bath
2,465
Ft²
$223
$/ft²
0.21
Acres
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
Adolfo AlvarezHome Star Real Estate[email protected]
Building Info
Building
Building codes and typesNeighborhood
Community district, city council district, police precinct, and more.Zoning
The zoning code for this property is R2.Geography
The property is located in zip code 93703.Building Features
Exterior
Stucco Exterior
Home Features
Rooms
Basement
HVAC
Central A/CFurnace
Ownership
Current Owner
Garcia Antonio ValdezCurrent Owner 2
Miranda Margarita PichardoPrevious Owner
Franco OswaldoPrevious Owner 2
Franco Marlene MPrice History
Date/Event | Event | Price |
---|---|---|
Jun 4, 2023 Price Decreased | Price Decreased | $549,900 $30K (5.2%) |
Feb 26, 2023 Price Decreased | Price Decreased | $579,900 $10,100 (1.7%) |
Jan 9, 2023 Listed by Home Star, Inc. | Listed by Home Star, Inc. | $590,000 |
Property Analysis
Cap Rate Analysis
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$71,820ExpensesPer Year
$0Operating 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 | Type | Beds | Baths | ft² Price/ft² | Price Common Charges |
---|
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Neighborhood
About McLane
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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.
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.