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5049 East Lane Avenue

5049 East Lane Avenue, Fresno, CA 93727
Multifamily in Sunnyside
5049 East Lane Avenue in Fresno, CA was first built in 1985 and is 39 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 5049 East Lane Avenue has 3,640 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 7,200 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 648 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with a refrigeration air conditioning system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5049 East Lane Avenue sold most recently in Sep 25, 2020 for a total of $385,000. If you work out the math, that's approximately a cost of $105.77 per sqft. Before that, the property was also sold for $86,500 in May 3, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,174 in taxes each year. 5049 East Lane Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $400,553. If we break it down further, the land itself was valued at $27,050. Improvements to the property, however, were assessed at a total of $373,503. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
Wood Exterior

Parking

Covered Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200609
06/09/2020
12 Bed
4 Bath
3640 ft²
$450,000
bedrooms
12 Bed
bathrooms
4 Bath
square feet
3640 ft²
$385,000 -14.44%
10/01/2020
Sean Sanchez

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 12
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 648
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,640
  • Gross Building Area: 3,640
  • Building Area: 3,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.165
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: PARCEL D P/M 84-02 BK 43 PG 53

Ownership

  • Current Owner : REA STEVEN R
  • Current Owner 2: REA BARBARA L
  • Previous Owner : SANCHEZ SEAN
  • Owner Before Previous Owner: LOWE LARRY
  • Owner Before Previous Owner 2: LOWE DENNIS
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • Census Tract: 001407

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 125-E6
  • Parcel: 472-172-26
  • Municipality: FRESNO CITY
  • Latitude: 36.7326
  • Longitude: -119.725

    Address

  • Full Address: 5049 E Lane Ave
  • Address - House Number: 5049
  • Street Direction: E
  • Address - Street Name: Lane
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Fresno
  • Carrier Code: C033
  • 4-Digit Zip Code: 4846
  • Zip Code: 93727

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,174
  • Tax Rate Code Area: 005-001

    Appraisal Valuation

  • Standard Deviation: 0.4984
  • Valuation Date: Nov 08, 2023
  • Final Value: 431,908
  • High Value: 647,189
  • Low Value: 216,626

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,750
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $288,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,553
  • Assessed Land Value: $27,050
  • Assessed Improvements Value: $373,503

    Sales

  • Current Sale Contract Date: Sep 25, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11790479535
  • Current Sale Price: $385,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0135684
  • Previous Sale Recording Date: May 15, 2001
  • Previous Sale Contract Date: May 03, 2001
  • Previous Sale Amount: $86,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $288,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: DENNIS & JUSTINA WONG LOWE LIV
  • Previous Mortgage Transaction Date: May 15, 2001
  • Previous Mortgage Loan Amount: $37,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Roosevelt



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Frequently Asked Questions

What neighborhood is 5049 East Lane Avenue located in?
The 5049 East Lane Avenue is a multifamily located in the neighborhood of Sunnyside in Roosevelt, Fresno.
What is the average sales price for listings in 5049 East Lane Avenue?
The average sales price for units in 5049 East Lane Avenue is $425,000 , or $117/sqft. currently.

Nearby Counties
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