tomo logo

$295,000

Beds
3
Baths
1.0
sq ft
1,257

4884 E Simpson Ave, Fresno, CA 93703

4884 E Simpson Ave

Fresno, CA 93703

  • 59 days on market
    • Price drop $4,999↓
Introducing an incredible opportunity for homeownership or investment! Priced at just $295K, this charming 3 bedroom, 1 bath home sits on a generously sized lot, offering plenty of square footage for all your needs. With a newer roof, quad pane windows, and a recently updated AC unit, this property promises comfort and efficiency. Whether you're a first-time buyer or an investor looking to maximize cash flow, this home is a rare find in today's market. Don't miss out on the potential this property holds, schedule your viewing today and make it yours!!!!!!!!!

Details

Property type

Single Family Residence

Est. home value

$299,432

Lot size

7,649 sq ft

Price per sq ft

$235

Year built

1954

Price History

10/01/2024
FresnoMLS

FresnoMLS #616502

Price change
$295,000
-1.67%
08/27/2024
FresnoMLS

FresnoMLS #616502

Pending
$299,999
08/15/2024
FresnoMLS

FresnoMLS #616502

Price change
$299,999
-1.64%

Schools & Community

Neighborhood: 

Mclane

Elementary school: 

Addams

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

$140,331
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$131,069
Cash to seller
$140,331

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

Seller’s Loan History

Lender

Capital Loan Associates

Loan start date

November 2017

Original loan amount

$152,218

Est. remaining balance

$131,069

Interest rate

3.83%

Loan type

FHA, 30 year

Seller

Ronica Banuelos

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: 10/04/2024 at 11:20 PM

Listing updated: 10/03/2024 at 8:21 PM

Listed by: Enrique Ruiz-Sanchez, Real Broker

MLS: FresnoMLS #616502

FresnoMLS logo

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