tomo logo

$2,000,000

Beds
4
Baths
4.0
sq ft
4,251

1551 N Locan Ave, Clovis, CA 93619

1551 N Locan Ave

Clovis, CA 93619

  • 19 days on market
One-of-a-kind, Spanish-inspired estate nestled in North Clovis, California! Custom-built with exquisite detail and unmatched craftsmanship, enjoy resort-style living on this privately gated, expansive 2-acre lot. Step into the estate and appreciate every intricate custom detail, from travertine heated floors to brick window and hallway accents and wood-framed picture windows. The oversized main living room features cozy characteristics with a stunning wood beam ceiling and a stone-accented wood-burning fireplace. The gourmet kitchen offers a hundred-year-old wood beam ceiling, an integrated fridge/freezer, a handcrafted hammered copper sink and a butler's pantry with abundant cabinet storage. Indulge in the tucked-away tequila room off the formal dining room. The main estate offers 4 bedrooms, 4 bathrooms, PLUS an entertainment room. The backyard is an entertainer's dream with an oversized patio, a newly rebuilt quartz pool/spa, a built-in wood fire BBQ, a fire pit lounge area, a chicken coop, and raised garden beds. In addition to the main house, the Casita (ADU) provides a private retreat with 1 bedroom, 1 bathroom, a living area, a dining space, and a kitchenette. Embrace energy efficiency with the OWNED solar panel system, ensuring savings and sustainability. Located in the highly rated Clovis Unified School District. Don't miss your chance to own this piece of resort-style living. Schedule your private tour today and experience the magic of this extraordinary estate!

Details

Property type

Single Family Residence

Est. home value

$1,533,745

Lot size

1.87 acres

Price per sq ft

$471

Year built

1978

Price History

06/14/2024
FresnoMLS

FresnoMLS #613604

Listed
$2,000,000
+49.81%
07/28/2021
FresnoMLS

FresnoMLS #558306

Sold
$1,335,000

Schools & Community

Elementary school: 

Dry Creek

Middle school: 

Alta Sierra

High school: 

Buchanan

School district: 

Clovis Unified

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

$867,774
Asking price
$2,000,000
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$972,226
Cash to seller
$867,774

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

Seller’s Loan History

Lender

Ahl Funding

Loan start date

June 2021

Original loan amount

$1,040,000

Est. remaining balance

$972,226

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Ricardo Ruiz and Magdalena Ruiz

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

Price drop
FresnoMLS
$1,850,000
6 bd
|
5 ba
|
5,308 sq ft
|
House

5107 E Lexington Ave, Clovis, CA 93619

Status: Active

Tomo last checked: 07/03/2024 at 10:10 AM

Listing updated: 06/14/2024 at 4:54 PM

Listed by: Jennifer M. Reda, Realty Concepts, Ltd. - Fresno

MLS: FresnoMLS #613604

FresnoMLS logo

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