NOT LISTED FOR SALE

111 E Terrace Ave Fresno, CA 93704

Maroa Neighborhood

Estimated Value: $549,000 - $645,513

4 Beds
4 Baths
2,405 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $350,000 $146 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,680/month

71 Days on Market

Highlights

  • Fruit Trees
  • Spanish Architecture
  • Mature Landscaping
  • Wood Flooring
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of June 2018

Here's your chance to live in Fresno High's desirable Terrace Ave in a 4 bed, 4 bath iconic Taylor Wheeler Spanish-style home. Each bedroom has its own ensuite bath! This vintage 40's home has hardwood floors, coved ceilings and archways throughout. The living room, within original fireplace and built-in bookshelf nook is a perfect gathering spot. The formal dining room and separate breakfast room with built-ins are the brightest rooms in the home. The kitchen has newer cabinets and appliances, a pantry with pull-out shelves and a wet bar leading into the family room/sun room with a wall of windows looking out the back. An isolated bed/bath sit on one side of the home, perfect for in-law setup, while other 3 are located on the other side. Master suite features a walk-in closet and shower/tub combo. A partially finished basement has tons of possibilities. This large corner lot includes a pergola and a brick patio & has beautiful, mature trees. Solar transferable power purchase agmt.

Last Agent to Sell the Property

Merili Loucks

SME Real Estate License #01921451 Listed on: 03/08/2018

Co-Listed By

Jennifer Ferguson

London Executives/referral License #01316482

Last Buyer's Agent

Kristen McIntosh

Realty 559 License #01423023

Realty 559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,972

Year Built

  • Built in 1947

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 101x140
  • Mature Landscaping
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Fruit Trees
  • Property is zoned RS5

Parking

  • Automatic Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,405 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Family Room
  • Formal Dining Room
  • Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in Utility Room
  • Gas Dryer Hookup

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,972

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Price Per Square Foot: 145.53
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Fireplace Type: Masonry
  • Number Of Fireplaces: 1
  • Flooring: Carpet, Tile, Hardwood
  • Bathrooms: 4.00
  • Bedrooms: 4
  • Bathroom Features: Tub/Shower, Shower
  • Dining Room Features: Formal
  • Kitchen: Gas Appliances, Dishwasher, Eating Area, Pantry
  • Laundry: Inside, Utility Room, Gas Hook Up, Electric Hook Up
  • Extra Rooms: Family Room
  • Basement: Partial, Finished
  • Basement Sq Ft: 240.00
  • Square Footage: 2405.00

Exterior Features

  • Yard: Sprinklers Front, Sprinklers Back, Sprinklers Auto, Mature Landscape, Fruit/Nut Trees
  • Roofing: Tile
  • Exterior: Stucco
  • Foundation: Wood Sub Floor
  • Patio: Covered, Brick, Concrete
  • Pool: No

Garage/Parking

  • Parking Features: Auto Opener

Utilities

  • Heating And Cooling: Central Heat & Cool
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.3246
  • Lot Dimensions: 101X140
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 14140.00
  • Price Per Acre: 1078250.15
  • Tract Builder: Taylor Wheeler

Building Info

  • Year Built: 1947

MLS Schools

  • School District 2: Fresno Unified
  • School Type: High School
  • School Name: Fresno
  • School Type: Junior High School
  • School Name: Hamilton
  • School Type: Grade School
  • School Name: Hamilton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 17, 2018
Sold by
Postiglione Esther
Bought by
Torres Mario A and Torres Maricela A
Seller's Agent
Merili Loucks
SME Real Estate
Buyer's Agent
Kristen McIntosh
Realty 559
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$599,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,378
Avg. Annual Appreciation
7.58%
Original Mortgage
$361,550
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jun 13, 2014
Sold by
Postiglione Daniel
Bought by
Postiglione Esther
Seller's Agent
Samantha Marx
Fresno Modern Real Estate
Buyer's Agent
Isaac Ramirez
Park Place Real Estate
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$251,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2014
Closed on
Jun 12, 2014
Sold by
Bank Of America National Association
Bought by
Postiglione Esther
Seller's Agent
Samantha Marx
Fresno Modern Real Estate
Buyer's Agent
Isaac Ramirez
Park Place Real Estate
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2014
Sold by
Velazquez Guillermina and Madrid Joe E
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 1, 2006
Sold by
Madrid Joe E and Velazquez Guillermina
Bought by
Madrid Joe E and The Joe Madrid Living Trust

Purchase Details

Closed on
Oct 6, 1998
Sold by
Guillermina Velazquez and Guillermina Joe E
Bought by
Madrid Joe E and Velazquez Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.71%

Purchase Details

Closed on
Oct 13, 1997
Sold by
Guillermina Velazquez
Bought by
Madrid Joe E and Velazquez Guillermina

Purchase Details

Closed on
Jun 4, 1996
Sold by
Reid Jeff and Reid Robin
Bought by
Velazquez Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
8.39%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Torres Mario A $350,000 Placer Title Company
Postiglione Esther -- Fidelity National Title
Postiglione Esther $265,000 Fidelity National Title
Bank Of America Na $275,539 None Available
Madrid Joe E -- None Available
Madrid Joe E -- Fidelity National Title
Madrid Joe E -- --
Velazquez Guillermina $175,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Mario A $357,088
Closed Torres Mario A $361,550
Previous Owner Postiglione Esther $251,750
Previous Owner Velazquez Guillermina $500,000
Previous Owner Madrid Joe E $153,000
Previous Owner Madrid Joe E $165,000
Previous Owner Velazquez Guillermina $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $350,000 0.0% $146 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $350,000 +32.1% $146 / Sq Ft
06/27/2014 06/27/14 Sold $265,000 0.0% $110 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $265,000 -- $110 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,972 $398,233 $119,469 $278,764
2023 $4,877 $382,772 $114,831 $267,941
2022 $4,810 $375,268 $112,580 $262,688
2021 $4,678 $367,911 $110,373 $257,538
2020 $4,658 $364,140 $109,242 $254,898
2019 $4,478 $357,000 $107,100 $249,900
2018 $3,578 $285,500 $80,801 $204,699
2017 $3,517 $279,903 $79,217 $200,686
2016 $3,400 $274,415 $77,664 $196,751
2015 $3,348 $270,294 $76,498 $193,796
2014 $2,884 $232,495 $39,851 $192,644
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 498552

Fresno MLS

APN: 443-303-18