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$265,000

Beds
2
Baths
1.25
sq ft
1,111

404 N Echo Ave, Fresno, CA 93701

404 N Echo Ave

Fresno, CA 93701

  • 29 days on market
    • Price drop $13,999↓
Huge Price Reduction! This 2 Bedroom/1 Bath Tudor style remodeled home has room to grow and so much potential. It has a formal dining room, family room, den w/fireplace, and an indoor laundry room Located on 2 lots with one APN. The single car garage with alley access has a side room with existing plumbing and electricity. This would make a perfect ADU set-up for a 2nd stream of income. It also has an unfinished basement, plenty of parking on a corner lot, large backyard, and the home is gated all around. Make an appointment today!

Details

Property type

Single Family Residence

Est. home value

$259,297

Lot size

5,998 sq ft

Price per sq ft

$239

Year built

1936

Price History

06/23/2024
FresnoMLS

FresnoMLS #613322

Price change
$265,000
-5.02%
06/14/2024
FresnoMLS

FresnoMLS #613322

Price change
$278,999
-3.79%
05/31/2024
FresnoMLS

FresnoMLS #613322

Listed
$289,999
+28.32%

Schools & Community

Neighborhood: 

Fresno High Roeding

Elementary school: 

Muir

Middle school: 

Fort Miller

High school: 

Fresno

School district: 

Fresno 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

$136,977
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$106,823
Cash to seller
$136,977

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

Seller’s Loan History

Lender

Security National Mortgage Co

Loan start date

February 2022

Original loan amount

$112,000

Est. remaining balance

$106,823

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Raul Hinojosa Hernandez

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?

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Status: Active

Tomo last checked: 06/29/2024 at 7:50 AM

Listing updated: 06/23/2024 at 7:14 PM

Listed by: Melissa Lozano, Universal Realty Services, Inc.

MLS: FresnoMLS #613322

FresnoMLS logo

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