tomo logo

$325,000

Beds
3
Baths
2.0
sq ft
1,491

1421 E Terrace Ave, Fresno, CA 93704

1421 E Terrace Ave

Fresno, CA 93704

  • 72 days on market
    • Price drop $10,000↓
Welcome to your dream home in the heart of Fresno! This thoughtfully remodeled 3-bedroom, 2-bathroom gem (main home: 2 beds/1 bath; detached loft: 1 bed/1 bath) is perfect for homeowners seeking modern comfort with exceptional flexibility. Ideally situated minutes from Fresno City College, the vibrant Tower District, and Downtown, you'll enjoy proximity to shopping, dining, and entertainment.This 1939 charmer has been beautifully updated, featuring brand-new dual-pane windows, stylish laminate flooring, and fresh, modern paint. The sleek kitchen dazzles with quartz countertops and a contemporary tile backsplash, while the remodeled bathrooms shine with elegant finishes. Each bedroom is equipped with ceiling fans for year-round comfort, complemented by energy-efficient lighting throughout.The detached upstairs private loft with its own entrance offers endless possibilitiesan income-generating rental, a guest suite, or a personal retreat.Step outside to find a spacious, shaded backyard, perfect for BBQs, outdoor lounging, or entertaining. The detached 18' x 20' garage provides ample storage or a creative workspace. Move-in ready and full of charm, this home is ready to meet all your needs.Don't miss your chance to own a piece of Fresno history with all the modern touches you've been searching for. Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$292,657

Lot size

6,251 sq ft

Price per sq ft

$218

Year built

1939

Price History

11/25/2024
FresnoMLS

FresnoMLS #619588

Price change
$325,000
-2.99%
10/24/2024
FresnoMLS

FresnoMLS #619588

Price change
$335,000
-2.9%
10/07/2024
FresnoMLS

FresnoMLS #619588

Listed
$345,000
+16.16%

Schools & Community

Neighborhood: 

Fresno High Roeding

Elementary school: 

Del Mar

Middle school: 

Fort Miller

High school: 

Fresno

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$80,862
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$218,138
Cash to seller
$80,862

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Kind Lending Llc

Loan start date

June 2023

Original loan amount

$222,000

Est. remaining balance

$218,138

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Nicholas Stephen Metaxas and George Metaxas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

FresnoMLS
$329,900
3 bd
|
2 ba
|
1,192 sq ft
|
House

1563 N Barton Ave, Fresno, CA 93703

FresnoMLS
$324,900
3 bd
|
2 ba
|
1,510 sq ft
|
House

3036 E Washington Ave, Fresno, CA 93701

Price drop
FresnoMLS
$295,000
3 bd
|
1 ba
|
1,442 sq ft
|
House

530 N Millbrook Ave, Fresno, CA 93702

Status: Active

Tomo last checked: 12/18/2024 at 4:55 AM

Listing updated: 12/16/2024 at 12:40 PM

Listed by: Stephanie A. Reyes, Rise Real Estate

MLS: FresnoMLS #619588

FresnoMLS logo

Recently listed in Fresno

$925,000|4 bd|3.0 ba|House
$465,000|4 bd|2.5 ba|House
$295,000|3 bd|1.75 ba|House
$425,000|4 bd|3.0 ba|House
$325,000|3 bd|2.5 ba|House
$349,000|2 bd|1.0 ba|House
$367,000|3 bd|1.0 ba|House
$490,000|3 bd|1.75 ba|House
$650,000|4 bd|3.0 ba|House
$599,950|5 bd|2.75 ba|House