NOT LISTED FOR SALE

1408 E Fountain Way Fresno, CA 93704

Maroa Neighborhood

Estimated Value: $277,000 - $319,000

3 Beds
1 Bath
960 Sq Ft
$309/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $260,000 $271 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,919/month

27 Days on Market

Highlights

  • Bathtub with Shower
  • Central Heating and Cooling System
  • Carpet
  • 1-Story Property

About This Home

As of March 2022

This cozy 3 bedrooms and 1 bath is move in ready for new owners! Along with the freshly painted inside, the laminated floor were waxed and the carpet was professionally shampooed. The Buyer will love the kitchen with its stainless steel appliances (fridge not included), and granite counter tops and tile back splash.Also an AC/central heating was installed a few months ago.Not to mention the exterior features a new fence along the carport and artificialgrass installed in the front yard, making the front yard maintenancea snap! If you enjoy entertaining, this backyard is definitelythe one for you.The fire pit and the sun shade sails gives you a space all year-round and season to enjoy your backyard.The property is located in walking distance of the Manchester Mall and Christmas Tree Lane on Van Ness. For the commuters, the 41 highway is a convenient ride from your new home.

Last Listed By

Maria Luisa De Pano

Bonaventura Group and Real Est License #01337698 Listed on: 12/23/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,306

Year Built

  • Built in 1927

Lot Details

  • 6,850 Sq Ft Lot
  • Lot Dimensions are 50x137
  • Property is zoned RS5

Parking

  • Carport

Home Design

  • Wood Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Security System Leased

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,306

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Price Per Square Foot: 270.83
  • Year Built Exception: 0
  • Leased Equipment: Security System
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1927

Interior Features

  • Flooring: Carpet, Laminate
  • Bathrooms: 1.00
  • Bedrooms: 3
  • Bathroom Features: Tub/Shower
  • Kitchen: F/S Range/Oven, Gas Appliances, Microwave
  • Laundry: Inside, Gas Hook Up
  • Square Footage: 960.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Wood Sub Floor
  • Pool: No

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heating And Cooling: Central Heating, Central Cooling, Window or Wall A/C
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1573
  • Lot Dimensions: 50X137
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6850.00
  • Price Per Acre: 1652892.56

Building Info

  • Year Built: 1927

MLS Schools

  • School District 2: Fresno Unified
  • School Type: High School
  • School Name: Fresno
  • School Type: Junior High School
  • School Name: Fort Miller
  • School Type: Grade School
  • School Name: Del Mar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2021
Closed on
Jan 24, 2022
Sold by
Olazaba Walter J
Bought by
Estrada Mykal
Seller's Agent
Maria Luisa De Pano
Bonaventura Group and Real Est
Buyer's Agent
Eddie Trieu
eXp Realty of California, Inc.
List Price
$260,000
Sold Price
$260,000
Total Days on Market
27
Current Estimated Value
$296,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,235
Avg. Annual Appreciation
4.41%
Original Mortgage
$227,920
Outstanding Balance
$213,642
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$84,945

Purchase Details

Listed on
Jan 4, 2017
Closed on
Mar 30, 2017
Sold by
Nishanian Vahe and Nishanian Hasmik A
Bought by
Olazaba Walter J
Seller's Agent
Azad Deeb
Realty Concepts, Ltd. - Fresno
Buyer's Agent
Maria Luisa De Pano
Bonaventura Group and Real Est
List Price
$147,000
Sold Price
$147,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%
Original Mortgage
$144,337
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 2005
Sold by
Nishanian Vahe and Nishanian Hasmik A
Bought by
Nishanian Vahe and Nishanian Hasmik A

Purchase Details

Closed on
Sep 9, 2002
Sold by
Nishanian Vahe
Bought by
Nishanian Vahe and Nishanian Hasmik A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,700
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 8, 1996
Sold by
Seib Randall W and Seib La Tanya
Bought by
Nishanian Vahe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
7.14%

Range of Values:

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Average Value
Not Available
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
Estrada Mykal $260,000 Fidelity National Title
Olazaba Walter J $147,000 First American Title Fresno
Nishanian Vahe -- --
Nishanian Vahe -- Fidelity National Title Co
Nishanian Vahe $46,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Mykal $227,920
Previous Owner Olazaba Walter J $136,962
Previous Owner Olazaba Walter J $144,337
Previous Owner Nishanian Vahe $27,700
Previous Owner Nishanian Vahe $34,500
Closed Nishanian Vahe $6,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $260,000 0.0% $271 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $260,000 0.0% $271 / Sq Ft
01/14/2022 01/14/22 For Sale $260,000 0.0% $271 / Sq Ft
01/10/2022 01/10/22 Off Market $260,000 -- --
01/10/2022 01/10/22 Pending -- -- --
01/02/2022 01/02/22 Pending -- -- --
01/01/2022 01/01/22 Off Market $260,000 -- --
12/23/2021 12/23/21 For Sale $260,000 +76.9% $271 / Sq Ft
04/11/2017 04/11/17 Sold $147,000 0.0% $153 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $147,000 -- $153 / 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
2023 $3,306 $265,200 $61,200 $204,000
2022 $2,083 $160,762 $38,276 $122,486
2021 $2,026 $157,611 $37,526 $120,085
2020 $2,018 $155,996 $37,142 $118,854
2019 $1,941 $152,938 $36,414 $116,524
2018 $1,899 $149,940 $35,700 $114,240
2017 $854 $65,822 $28,616 $37,206
2016 $827 $64,532 $28,055 $36,477
2015 $814 $63,564 $27,634 $35,930
2014 $797 $62,320 $27,093 $35,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 570911

Fresno MLS

APN: 435-331-07