tomo logo

$399,000

Beds
5
Baths
2.25
sq ft
2,060

2245 E Michigan Ave, Fresno, CA 93703

2245 E Michigan Ave

Fresno, CA 93703

  • 28 days on market
CHARMING updated gem with timeless appeal! Step into a perfect blend of vintage character and modern comfort! This 5 bed 2 bath home exudes warmth and charm with updated finishes that complement original craftsmanship. Kitchen boasts new cabinets, granite countertops, new fixtures and finishes. The open living area is highlighted by beautiful laminate flooring enhanced by warm and inviting natural light. Both bathrooms have been tastefully updated featuring stunning granite countertops that add a touch of elegance and durability providing both beauty and functionality for everyday living. The outdoor space offers mature landscape, fruit trees, a convenient storage room, potential RV PARKING, and plenty of open space perfect for entertaining and relaxing!

Details

Property type

Single Family Residence

Est. home value

$378,484

Lot size

7,967 sq ft

Price per sq ft

$194

Year built

1949

Price History

01/03/2025
FresnoMLS

FresnoMLS #624042

Listed
$399,000
+24.69%
06/21/2021
FresnoMLS

FresnoMLS #558609

Sold
$320,000

Schools & Community

Neighborhood: 

Mclane

Elementary school: 

Birney

Middle school: 

Scandinavian

High school: 

McLane

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

$77,171
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$289,909
Cash to seller
$77,171

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

June 2021

Original loan amount

$314,204

Est. remaining balance

$289,909

Interest rate

3.04%

Loan type

FHA, 30 year

Seller

Dara Yang and Kong P Vu

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?

Status: Active

Tomo last checked: 01/30/2025 at 6:00 PM

Listing updated: 01/23/2025 at 8:50 PM

Listed by: Michelle Bartel, Rod Aluisi Real Estate

MLS: FresnoMLS #624042

FresnoMLS logo

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