tomo logo

$1,400,000

Beds
4
Baths
3.0
sq ft
2,148

8519 E Olive Ave, Fresno, CA 93737

8519 E Olive Ave

Fresno, CA 93737

  • 51 days on market
Welcome to your own slice of paradise at 8519 E Olive Ave! This expansive 4+ acre property offers a unique blend of space, tranquility, and potential. The lush landscape features a seasonal creek that meanders through the grounds, creating a serene backdrop for outdoor living. The main house, built in 2008, boasts 4 spacious bedrooms and 3 modern baths, perfect for families or those who love to entertain. Freshly poured concrete around the barn adds a polished touch, while the abundance of mature fruit trees provides both beauty and bounty. Need room for your toys? This property has you covered with ample space for RVs, boats, and large vehicles. A charming barn with convenient roll-up doors offers versatile storage or workshop options. Plus, there's a separate unfinished home attached to the barn, presenting a fantastic opportunity for customization turn it into a guest house, workshop, or creative studio. Embrace the lifestyle you've always dreamed of, surrounded by nature and space. Don't miss this incredible opportunity. Schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$1,373,509

Lot size

4.25 acres

Price per sq ft

$652

Year built

2008

Price History

10/04/2024
FresnoMLS

FresnoMLS #619561

Listed
$1,400,000

Schools & Community

Elementary school: 

Temperance-Kutner

Middle school: 

Reyburn

High school: 

Clovis East

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

$997,029
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$290,971
Cash to seller
$997,029

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$300,000

Est. remaining balance

$290,971

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Rafael Herrera Penaloza and Ana Patricia Salazar Ramirez

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: 11/24/2024 at 8:45 AM

Listing updated: 10/08/2024 at 10:17 AM

Listed by: Dylan C. Anderson, Real Broker

MLS: FresnoMLS #619561

FresnoMLS logo

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