tomo logo

$495,000

Beds
3
Baths
1.75
sq ft
2,295

805 N Echo Ave, Fresno, CA 93728

805 N Echo Ave

Fresno, CA 93728

  • 57 days on market
    • Price drop $4,000↓
Welcome to this spacious mid-century modern home that has been thoughtfully updated with a new 5-ton HVAC unit and newer electrical systems, ensuring year-round comfort and efficiency. Boasting a rare addition with its 1 bed/1 bath ADU, promising versatility and potential income generation. As you step inside, you'll be greeted by an abundance of natural light pouring in through large floor-to-ceiling windows.The kitchen is a chef's delight, perfect for entertaining guests. This home features newer stainless steel appliances, modern fixtures, a breakfast island and ample storage space. The master bedroom features a luxurious walk-in shower, elegantly tiled for a spa-like experience. Enjoy the convenience of an indoor laundry room with ample storage space. The bedrooms offer plush new carpeting, providing a cozy retreat after a long day. A private keypad gate entrance leads to the 700 sqft ADU, providing a secluded retreat for guests or a lucrative rental opportunity. Stay in control of your environment with its own mini-split AC unit, ensuring personalized climate controlled comfort year-round.With similar properties commanding rental rates of $1,350, this ADU presents an enticing opportunity to offset mortgage costs and enhance your financial portfolio. Don't miss out on the chance to make this exceptional property your own, where modern luxury meets endless possibilities.

Details

Property type

Single Family Residence

Est. home value

$468,198

Lot size

7,802 sq ft

Price per sq ft

$216

Year built

1959

Price History

06/03/2024
FresnoMLS

FresnoMLS #611842

Price change
$495,000
-0.8%
05/24/2024
FresnoMLS

FresnoMLS #611842

Price change
$499,000
-0.2%
05/17/2024
FresnoMLS

FresnoMLS #611842

Removed
$500,000

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

$17,545
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$437,855
Cash to seller
$17,545

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

Seller’s Loan History

Lender

Cdl Mortgage Services Inc

Loan start date

June 2022

Original loan amount

$451,250

Est. remaining balance

$437,855

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Vanessa M Poindexter

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

FresnoMLS
$485,000
3 bd
|
1 ba
|
1,156 sq ft
|
House

430 S Thorne Ave, Fresno, CA 93706

New
FresnoMLS
$439,000
6 bd
|
2 ba
|
1,968 sq ft
|
House

1222 W Saginaw Way, Fresno, CA 93705

FresnoMLS
$425,000
5 bd
|
2.5 ba
|
1,681 sq ft
|
House

535 E Belmont Ave, Fresno, CA 93701

Status: Active

Tomo last checked: 06/29/2024 at 6:35 AM

Listing updated: 06/03/2024 at 11:34 AM

Listed by: Ronnie Paul Mangulabnan, Movoto, Inc.

MLS: FresnoMLS #611842

FresnoMLS logo

Recently listed in Fresno

$489,900|4 bd|3.5 ba|House
$599,900|4 bd|2.5 ba|House
$530,000|4 bd|2.25 ba|House
$339,900|3 bd|2.0 ba|House
$635,000|4 bd|3.0 ba|House
$325,000|4 bd|2.0 ba|House
$395,000|3 bd|2.0 ba|House
$560,000|3 bd|1.75 ba|House
$279,900|2 bd|1.0 ba|House
$510,000|4 bd|2.5 ba|House