NOT LISTED FOR SALE

3389 S Cherry Ave Fresno, CA 93706

Edison Neighborhood

Estimated Value: $304,000 - $1,157,000

3 Beds
2 Baths
1,364 Sq Ft
$659/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $800,000 $587 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,727/month

107 Days on Market

Highlights

  • Barn
  • 8.19 Acre Lot
  • Ranch Style House
  • RV or Boat Parking
  • Fruit Trees
  • Wood Flooring

About This Home

As of August 2020

PRICE REDUCTION!!!! Excellent Opportunity to own this property with Almonds trees in full production that sit on 8.19 acres & Located in the fastest industrial growing area in south Fresno, just west from the New Amazon, Ulta & FedEx distribution Centers, currently zoned AL20. But Fresno city is planning to expand the city limits to include Cherry Ave south to Central Ave & possible rezoning. The City Sewer line is in place throw Cherry Ave for immediate connection to city sewer. This Property consist in 3 BD 1.75 BA House with a detach carport w/ an office, one older shop & a Newly 80'x40' Metal Shop with his own electric meter, 2 wells, the property receives water from Fresno ID ditch, also the well pump that serves the house & shops are newly refurbished & the trees are flood irrigated from open ditches. Crops are Nonpareil, Sonora & Carmel varieties and they are ready to harvest this year. if interested in rezone or develop check with County.

Last Agent to Sell the Property

Ricardo Espinosa

Pacific Mortgage & Realty Co. License #02010787 Listed on: 03/11/2020

Last Buyer's Agent

Harpreet Deol

Realty One Group Action License #01893138

Realty One Group Action

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,408

Year Built

  • Built in 1948

Lot Details

  • 8.19 Acre Lot
  • Fenced Yard
  • Mature Landscaping
  • Front Yard Sprinklers
  • Fruit Trees
  • Garden
  • Property is zoned AL20

Home Design

  • Ranch Style House
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,364 Sq Ft Home
  • Living Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Separate Shower

Laundry

  • Laundry in Utility Room
  • Gas Dryer Hookup

Parking

  • Carport
  • RV or Boat Parking

Utilities

  • Refrigerated and Evaporative Cooling System
  • Cooling System Mounted To A Wall/Window
  • Well
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,408

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Price Per Square Foot: 586.51
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Flooring: Carpet, Tile, Hardwood
  • Bathrooms: 1.75
  • Bedrooms: 3
  • Bathroom Features: Shower
  • Dining Room Features: Living Room/Area
  • Kitchen: F/S Range/Oven, Gas Appliances, Eating Area
  • Laundry: Utility Room, Gas Hook Up, Electric Hook Up
  • Extra Rooms: Office
  • Basement: None
  • Square Footage: 1364.00

Exterior Features

  • Yard: Sprinklers Front, Fenced, Mature Landscape, Fruit/Nut Trees, Garden Area
  • Roofing: Composition
  • Exterior: Stucco
  • Detached Structures: Shop, Guest House, Barn, Other/See Remarks
  • Foundation: Both
  • Patio: Covered
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Existing RV Parking, Carport, Work/Shop Area

Utilities

  • Heating And Cooling: Evaporative Cool, Window or Wall A/C
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer, Septic Tank, Private Well

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Independent

Lot Info

  • Acres: 8.1900
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 356756.00
  • Price Per Acre: 97680.10

Building Info

  • Year Built: 1948

MLS Schools

  • School District: Independent
  • School Type: High School
  • School Name: Washington Union
  • School Type: Junior High School
  • School Name: Washington Colony
  • School Type: Grade School
  • School Name: Washington Colony

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Aug 20, 2020
Sold by
Martinez Cristina J
Bought by
Blue Grace Investments
Seller's Agent
Ricardo Espinosa
Pacific Mortgage & Realty Co.
Buyer's Agent
Harpreet Deol
Realty One Group Action
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$898,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,807
Avg. Annual Appreciation
0.93%
Original Mortgage
$400,000
Outstanding Balance
$356,582
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$481,282

Purchase Details

Closed on
Sep 21, 2016
Sold by
Martinez Carlos J and Martinez Cristina J
Bought by
Martinez Cristina J

Purchase Details

Closed on
Sep 18, 1995
Sold by
Martinez Carlos J and Martinez Cristina J
Bought by
State Of California
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
Blue Grace Investments $800,000 First American Title Company
Martinez Cristina J -- None Available
Martinez Cristina J -- None Available
State Of California -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Grace Investments $400,000
Previous Owner Martinez Carlos J $140,000
Previous Owner Martinez Carlos J $124,000
Previous Owner Martinez Carlos J $121,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $800,000 0.0% $587 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $800,000 -- $587 / 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 $10,408 $865,943 $790,174 $75,769
2023 $10,408 $832,320 $759,492 $72,828
2022 $9,568 $816,000 $744,600 $71,400
2021 $9,400 $800,000 $730,000 $70,000
2020 $2,419 $193,842 $71,528 $122,314
2019 $2,374 $190,042 $70,126 $119,916
2018 $2,326 $186,316 $68,751 $117,565
2017 $2,266 $182,663 $67,403 $115,260
2016 $2,180 $179,082 $66,082 $113,000
2015 $2,134 $176,393 $65,090 $111,303
2014 $1,632 $128,721 $63,815 $64,906
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Espinosa

    Seller's Agent in 2020

    Ricardo Espinosa

    Pacific Mortgage & Realty Co.

    (559) 270-9943

    6 in this area

    39 Total Sales

    Ricardo Espinosa
    Section Image
  • Harpreet Deol

    Buyer's Agent in 2020

    Harpreet Deol

    Realty One Group Action

    (559) 761-9335

    76 Total Sales

    Harpreet Deol
    Section Image
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Map

Source: Fresno MLS

MLS Number: 538923

Fresno MLS

APN: 329-100-40

California Fresno County Fresno 93706 Edison

3389 S Cherry Ave, Fresno, CA

This home is located at 3389 S Cherry Ave, Fresno, CA 93706 since 11 March 2020 and is currently estimated at $898,807, approximately $658 per square foot. This property was built in 1948. 3389 S Cherry Ave is a home located in Fresno County with nearby schools including Orange Center Elementary, Washington High School, and W.E.B DuBois Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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