tomo logo

$629,000

Beds
3
Baths
3.0
sq ft
1,912

8234 S Frankwood Ave, Reedley, CA 93654

8234 S Frankwood Ave

Reedley, CA 93654

  • 13 days on market
Exceptional Property with Expansive Shop area. Discover the unique charm of this one-of-a-kind property, situated on just under an acre of land. This hard-to-find property features a beautifully updated home and a spacious shop, offering ample covered parking for all your equipment, tools, vehicles, and RV. The possibilities are endless with this remarkable property. The home boasts recent updates, including remodeled bathrooms. The luxurious master bath is equipped with radiant heat floors, ensuring warmth and comfort throughout the winter. New carpet has been installed in the living room and downstairs bedrooms (2022), enhancing the home's cozy ambiance. The well-designed floor plan includes an isolated bedroom upstairs, complete with a balcony that overlooks the beautiful backyard. A newly installed, nearly 10kW solar system (owned) with battery backup ensures uninterrupted power supply, even during outages. The large shop on the property features a roll-up door and an electric lift, facilitating easy access to the second level for storage. This property is ideal for individuals with a home business requiring a dedicated shop space.The backyard is a serene oasis, adorned with mature trees providing ample shade and a beautiful pool area. This exceptional property is truly special and won't be on the market for long. Contact your agent today to schedule a private showing.

Details

Property type

Single Family Residence

Est. home value

$558,988

Lot size

0.79 acres

Price per sq ft

$329

Year built

1960

Price History

10/23/2024
FresnoMLS

FresnoMLS #620514

Listed
$629,000
+79.71%
12/12/2016
FresnoMLS

FresnoMLS #469603

Sold
$350,000

Schools & Community

Elementary school: 

T.L. Reed

Middle school: 

T.L. Reed

High school: 

Reedley

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

$120,416
Asking price
$629,000
Closing costs (~8% of asking)
-$50,320
Est. remaining loan balance
-$458,264
Cash to seller
$120,416

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

August 2023

Original loan amount

$464,000

Est. remaining balance

$458,264

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Michael J Friedenberg and Kristyl C Friedenberg

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: 11/04/2024 at 10:35 PM

Listing updated: 10/30/2024 at 1:20 PM

Listed by: Michael P. Miller, Realty Concepts - Selma

MLS: FresnoMLS #620514

FresnoMLS logo

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