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$600,000

Beds
3
Baths
2.0
sq ft
1,426

5221 S Reed Ave, Reedley, CA 93654

5221 S Reed Ave

Reedley, CA 93654

  • 222 days on market
    • Price drop $10,000↓
Escape to the epitome of country living! Nestled just minutes away from the convenience of the 180 Highway and neighboring towns, this captivating property spans 4.43 serene acres. Enter into a fully refurbished home boasting 3 bedrooms and 2 baths, meticulously maintained since its purchase last year. Rest assured with recent inspections including. The heart of the home, a stunning kitchen awaits with upgraded cabinets featuring soft-close hinges, recessed lighting, premium GE appliances, a farmhouse sink, and more. Seamlessly flowing into an open floor plan, the home offers a detached 2-car garage plus carport, equipped with 240v wiring, and a recently replaced domestic pump. Elevating sustainability, a 23-panel Solar System paired with a Tesla Powerwall backup battery panel was installed in 2020, boasting an impressive prepaid plan for 17 years. As the day transitions into dusk, bask in the beauty of the expansive pasture, perfect for cattle or horses, complete with a barn and C-train storage container. Witness breathtaking sunsets over the rolling landscape, embracing the endless potential this property holds. Experience a lifestyle where tranquility meets modern comfort, offering an unparalleled opportunity to call this haven home. Bed and Bath count are different than tax records if important buyer to verify.

Details

Property type

Single Family Residence

Est. home value

$587,211

Lot size

4.43 acres

Price per sq ft

$421

Year built

1945

HOA

No

Price History

09/30/2024
CRMLS

CRMLS #FR24071974

Price change
$600,000
-1.64%
04/11/2024
CRMLS

CRMLS #FR24071974

Listed
$610,000
+11.11%
12/02/2022
FresnoMLS

FresnoMLS #585786

Sold
$549,000
+56.86%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Kings Canyon Joint 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

$225,821
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$326,179
Cash to seller
$225,821

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

October 2022

Original loan amount

$334,620

Est. remaining balance

$326,179

Interest rate

6.02%

Loan type

VA, 30 year

Seller

Rosalio C Olivarez

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: 11/19/2024 at 1:45 AM

Listing updated: 10/31/2024 at 11:55 AM

Listed by: Lisa Melton-Reimer,

MLS: CRMLS #FR24071974

CRMLS logo

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