NOT LISTED FOR SALE

405 E Terrace Ave Fresno, CA 93704

Maroa Neighborhood

Estimated Value: $498,000 - $658,000

3 Beds
2 Baths
2,340 Sq Ft
$256/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $574,900 $246 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,532/month

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Mature Landscaping
  • Spanish Architecture
  • Great Room
  • Den

About This Home

As of November 2021

Highly sought-after Taylor Wheeler Home! This immaculate Old California Spanish Revival estate offers old world charm and a prime location in the historic Fresno High area near Van Ness Blvd. This classic Spanish home features unique architecture, mature landscaping, an inviting brick courtyard and a stylish iron/wood finish automatic driveway gate! The recently replaced Spanish tile roof and rain gutters (installed in 2021) adds the perfect touch to this historic home. This home offers 3 bedrooms, 2 bathrooms, 2340 s/f, unique original Spanish accents, an updated kitchen, balconies off two upstairs bedrooms and decorative wood beam ceilings. The entry leads you through arched doorways to a large step-down living room with French doors opening to a den/library, hardwood floors and a new gas insert fireplace. The recently remodeled kitchen offers quartz countertops, updated cabinetry, ample storage, and stainless-steel appliances. The endless upgrades include an updated HVAC system and air ducts (replaced in 2018). Mature landscaping greets you with a Mediterranean influenced garden in the front and a private backyard with a Japanese garden set under a magnificent Valley Oak tree. This home is scheduled to be on the 2022 Master Gardener Tour. Behind the gate is convenient access to the 2-car detached garage (recently upgraded with new garage doors, insulation, drywall, high voltage outlets, light fixtures) and a well-built storage shed for all your recreational necessities.

Last Agent to Sell the Property

Eric Linville

Real Broker License #01765641 Listed on: 10/07/2021

Real Broker

Last Buyer's Agent

Eric Linville

Real Broker License #01765641 Listed on: 10/07/2021

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,249

Year Built

  • Built in 1930

Lot Details

  • 7,800 Sq Ft Lot
  • Mature Landscaping

Parking

  • Automatic Garage Door Opener

Home Design

  • Spanish Architecture
  • Wood Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Great Room
  • Formal Dining Room
  • Den
  • Unfinished Basement
  • Partial Basement
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Bathtub
  • Separate Shower

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,249

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Price Per Square Foot: 245.68
  • Year Built Exception: 0
  • Number Of Stories: Two
  • Special Features: None
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Fireplace Type: Gas Insert
  • Number Of Fireplaces: 2
  • Flooring: Tile, Hardwood
  • Bathrooms: 1.75
  • Bedrooms: 3
  • Bathroom Features: Shower, Tub
  • Dining Room Features: Formal
  • Kitchen: F/S Range/Oven, Gas Appliances, Disposal, Dishwasher, Microwave, Eating Area, Pantry
  • Laundry: Inside
  • Extra Rooms: Great Room, Den/Study
  • Basement: Partial, Unfinished
  • Square Footage: 2340.00

Exterior Features

  • Yard: Mature Landscape
  • Roofing: Tile
  • Exterior: Stucco
  • Detached Structures: Shed
  • Foundation: Wood Sub Floor
  • Patio: Covered, Uncovered, 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

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.1791
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7800.00
  • Price Per Acre: 3209938.58

Building Info

  • Year Built: 1930

MLS Schools

  • School District: 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
Oct 7, 2021
Closed on
Nov 10, 2021
Sold by
Smith Michael W
Bought by
Smith Lillian F
Seller's Agent
Eric Linville
Real Broker
Buyer's Agent
Eric Linville
Real Broker
List Price
$574,900
Sold Price
$574,900
Current Estimated Value
$599,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,424
Avg. Annual Appreciation
1.08%
Original Mortgage
$284,900
Outstanding Balance
$261,134
Interest Rate
3.01%
Estimated Equity
$338,190

Purchase Details

Closed on
Dec 9, 2019
Sold by
Small Patricia F and Frazier Trina L
Bought by
Small Patricia F and Frazier Trina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2016
Sold by
Small Patricia F and Frazier Trina
Bought by
Small Patricia F and Frazier Trina L

Purchase Details

Listed on
May 13, 2014
Closed on
Dec 3, 2014
Sold by
Small Patricia F
Bought by
Small Patricia F and Frazier Trina
Seller's Agent
Tom Debey
London Properties, Ltd.
Buyer's Agent
Tom Debey
London Properties, Ltd.
List Price
$327,000
Sold Price
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%

Purchase Details

Listed on
May 13, 2014
Closed on
Sep 25, 2014
Sold by
Assemi Amir Reza
Bought by
Small Patricia F
Seller's Agent
Tom Debey
London Properties, Ltd.
Buyer's Agent
Tom Debey
London Properties, Ltd.
List Price
$327,000
Sold Price
$327,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,606
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2013
Sold by
Assemi Amir Reza and Assemi Reza
Bought by
Assemi Amir Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,258
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2013
Closed on
Jun 4, 2013
Sold by
Assemi Reza
Bought by
Assemi Reza
Seller's Agent
Kim Kruser
Guarantee Real Estate
Buyer's Agent
Tom Debey
London Properties, Ltd.
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$200,000
Interest Rate
3.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 19, 2013
Closed on
May 17, 2013
Sold by
Patel Sanjeev R
Bought by
Assemi Reza
Seller's Agent
Kim Kruser
Guarantee Real Estate
Buyer's Agent
Tom Debey
London Properties, Ltd.
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.37%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 3, 2012
Sold by
Patel Sandra L
Bought by
Patel Sanjeev R

Purchase Details

Closed on
Nov 15, 1995
Sold by
Troehler Steve and Troehler Judith Ann Ryder
Bought by
Patel Sanjeev R and Patel Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.36%
Source: Public Records

Range of Values:

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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
Smith Lillian F -- New Title Company Name
Smith Lillian F $575,000 New Title Company Name
Small Patricia F -- Fidelity National Title Co
Small Patricia F -- None Available
Small Patricia F -- Old Republic Title Company
Small Patricia F $327,000 Old Republic Title Company
Assemi Amir Reza -- First American Title Company
Assemi Reza -- Placer Title Company
Assemi Reza $250,000 First American Title Company
Patel Sanjeev R -- None Available
Patel Sanjeev R $165,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Lillian F $284,900
Closed Smith Lillian F $284,900
Previous Owner Small Patricia F $327,500
Previous Owner Small Patricia F $342,606
Previous Owner Assemi Amir Reza $207,258
Previous Owner Assemi Reza $200,000
Previous Owner Patel Sanjeev R $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $574,900 0.0% $246 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $574,900 +75.8% $246 / Sq Ft
10/23/2014 10/23/14 Sold $327,000 0.0% $140 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $327,000 +30.8% $140 / Sq Ft
05/24/2013 05/24/13 Sold $250,000 0.0% $107 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
04/19/2013 04/19/13 For Sale $250,000 -- $107 / 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 $4,249 $346,549 $45,967 $300,582
2023 $4,166 $333,094 $44,183 $288,911
2022 $7,362 $574,900 $70,000 $504,900
2021 $4,624 $363,068 $108,919 $254,149
2020 $4,604 $359,347 $107,803 $251,544
2019 $4,427 $352,302 $105,690 $246,612
2018 $4,331 $345,395 $103,618 $241,777
2017 $4,256 $338,624 $101,587 $237,037
2016 $4,116 $331,986 $99,596 $232,390
2015 $4,053 $327,000 $98,100 $228,900
2014 $3,121 $251,134 $75,340 $175,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 567119

Fresno MLS

APN: 443-311-15