NOT LISTED FOR SALE

2988 E Terrace Ave Fresno, CA 93703

McLane Neighborhood

Estimated Value: $316,000 - $359,000

2 Beds
1 Bath
1,415 Sq Ft
$232/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $205,000 $145 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,950/month

5 Days on Market

Highlights

  • Ranch Style House
  • 1 Fireplace
  • 4-minute walk to Radio Park
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of December 2019

Complete updated, new paint, new duel panel windows, new concrete drive way, new flooring, granite counter top, stainless appliances, large all wood cover patio and extra laundry area, all for under 200k.

Last Agent to Sell the Property

Mark Chu

HomeSmart PV and Associates License #01827763 Listed on: 11/11/2019

Last Buyer's Agent

Joyson Therampilly John

Green Valley Real Estate and M License #02001087

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Property is zoned RS5

Home Design

  • Ranch Style House
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,415 Sq Ft Home
  • 1 Fireplace
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Price Per Square Foot: 144.88
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1949

Interior Features

  • Number Of Fireplaces: 1
  • Flooring: Hardwood
  • Bathrooms: 1.00
  • Bedrooms: 2
  • Laundry: Inside
  • Square Footage: 1415.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Both
  • Pool: No

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1791
  • Lot Dimensions: 60X130
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7800.00
  • Price Per Acre: 1144611.95

Building Info

  • Year Built: 1949

MLS Schools

  • School District: Fresno Unified
  • School Type: High School
  • School Name: McLane
  • School Type: Junior High School
  • School Name: Scandinavian
  • School Type: Grade School
  • School Name: Birney

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Medina Alexander Lopez
Bought by
Medina Alexander Lopez and Medina Elvia Padilla
Current Estimated Value
$328,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$74,122
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$254,004

Purchase Details

Listed on
Nov 11, 2019
Closed on
Nov 20, 2019
Sold by
Chu Nghe
Bought by
Medina Alexander Lopez
Seller's Agent
Mark Chu
HomeSmart PV and Associates
Buyer's Agent
Joyson Therampilly John
Green Valley Real Estate and M
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$194,750
Outstanding Balance
$171,330
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$156,796

Purchase Details

Closed on
Aug 19, 2019
Sold by
Heisinger Waltraud A
Bought by
Chu Nghe

Purchase Details

Closed on
May 18, 2001
Sold by
Harvey Lenna Mae
Bought by
Heisinger Waltraud A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,335
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 1997
Sold by
Mae Harvey Lenna
Bought by
Harvey Lenna Mae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Medina Alexander Lopez -- Old Republic Title Company
Medina Alexander Lopez $205,000 Placer Title Company
Chu Nghe $95,000 Placer Title Company
Heisinger Waltraud A $75,000 First American Title Co
Harvey Lenna Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Alexander Lopez $100,000
Open Medina Alexander Lopez $194,750
Previous Owner Heisinger Waltraud A $74,335
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $205,000 0.0% $145 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $205,000 -- $145 / Sq Ft
Source: Fresno MLS

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 $2,922 $224,193 $49,212 $174,981
2023 $2,757 $215,489 $47,302 $168,187
2022 $2,719 $211,265 $46,375 $164,890
2021 $2,645 $207,123 $45,466 $161,657
2020 $2,633 $205,000 $45,000 $160,000
2019 $1,202 $101,292 $29,708 $71,584
2018 $1,174 $99,307 $29,126 $70,181
2017 $1,153 $97,360 $28,555 $68,805
2016 $1,113 $95,452 $27,996 $67,456
2015 $1,095 $94,019 $27,576 $66,443
2014 $1,071 $92,178 $27,036 $65,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 533444

Fresno MLS

APN: 445-283-09