NOT LISTED FOR SALE

447 E Terrace Ave Fresno, CA 93704

Maroa Neighborhood

Estimated Value: $678,000 - $771,000

4 Beds
4 Baths
3,136 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $625,000 $199 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,496/month

20 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Formal Dining Room
  • Spanish Architecture
  • Corner Lot
  • Bathtub with Shower

About This Home

As of June 2022

Rare opportunity to own on the prized Terrace Ave in Fresno High. Well-maintained 1935 home with all the classic touches and details that make this home a showpiece. Home is 5 bedrooms, tax records indicate 4. Gorgeous arched doorways, built-in shelving, detailed hardwood floors, beamed ceilings, tile accents & spacious rooms, and a kitchen made for entertaining. Close to Van Ness, Gazebo Gardens and other amenities, this home is truly one of a kind.

Last Agent to Sell the Property

Jeffrey Hess

The Apex Broker, Inc License #02073663 Listed on: 05/04/2022

Last Buyer's Agent

Genevieve Hinojos-Spalding

Cornerstone Real Estate Group License #02043610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,271

Year Built

  • Built in 1935

Lot Details

  • 8,580 Sq Ft Lot
  • Lot Dimensions are 66x130
  • Corner Lot
  • Property is zoned RS5

Home Design

  • Spanish Architecture
  • Wood Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,271

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Price Per Square Foot: 199.30
  • Year Built Exception: 0
  • Number Of Stories: Two
  • Special Features: None
  • Stories: 2
  • Year Built: 1935

Interior Features

  • Number Of Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Bathrooms: 3.75
  • Bedrooms: 4
  • Bathroom Features: Tub/Shower
  • Dining Room Features: Formal, Living Room/Area
  • Kitchen: F/S Range/Oven, Disposal, Dishwasher
  • Laundry: Inside
  • Basement: Full, Unfinished
  • Square Footage: 3136.00

Exterior Features

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

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: 0.1970
  • Lot Dimensions: 66X130
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8580.00
  • Price Per Acre: 3172588.83

Building Info

  • Year Built: 1935

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
May 4, 2022
Closed on
Jun 9, 2022
Sold by
Gregory Harris Alan and Gregory Katrina S
Bought by
Furtado Louis Michael and Di Peirro Julia
Seller's Agent
Jeffrey Hess
The Apex Broker, Inc
Buyer's Agent
Genevieve Hinojos-Spalding
Cornerstone Real Estate Group
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%
Current Estimated Value
$704,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,239
Avg. Annual Appreciation
4.92%
Original Mortgage
$593,750
Outstanding Balance
$566,694
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$162,431

Purchase Details

Listed on
Sep 30, 2019
Closed on
Oct 15, 2019
Sold by
Shapazian Alan Ara and Alan Ara Shapazian Rlt
Bought by
Harris Alan Gregory and Harris Katrina S
Seller's Agent
Natalie Shapazian-Garrick
Realty Concepts, Ltd. - Fresno
Buyer's Agent
Jeffrey Hess
The Apex Broker, Inc
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$475,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2018
Sold by
Shapazian Alan
Bought by
Shapazian Alan Ara and Alan Ara Shapazian Revocable L

Purchase Details

Closed on
Oct 26, 2009
Sold by
Shapazian Alan and Shapazian Debra
Bought by
Shapazian Alan

Purchase Details

Closed on
Oct 14, 2009
Sold by
Nolte Ernie
Bought by
Shapazian Alan A and Shapazian Debra A

Purchase Details

Closed on
Oct 29, 1997
Sold by
Nolte Edmund V and Nolte Cynthia L
Bought by
Shapazian Alan A and Shapazian Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,700
Interest Rate
7.22%
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
Furtado Louis Michael $625,000 Chicago Title
Harris Alan Gregory $500,000 Chicago Title Company
Shapazian Alan Ara -- None Available
Shapazian Alan -- None Available
Shapazian Alan A -- None Available
Shapazian Alan A $173,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furtado Louis Michael $593,750
Previous Owner Harris Alan Gregory $465,500
Previous Owner Harris Alan Gregory $475,000
Previous Owner Shapazian Alan A $200,000
Previous Owner Shapazian Alan A $180,000
Previous Owner Shapazian Alan A $159,600
Previous Owner Shapazian Alan A $155,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $625,000 0.0% $199 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $625,000 -7.4% $199 / Sq Ft
05/17/2022 05/17/22 For Sale $675,000 0.0% $215 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $675,000 +35.0% $215 / Sq Ft
10/30/2019 10/30/19 Sold $500,000 0.0% $152 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $500,000 -- $152 / 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 $8,271 $663,254 $100,814 $562,440
2023 $8,112 $637,500 $96,900 $540,600
2022 $6,602 $515,282 $72,139 $443,143
2021 $6,421 $505,179 $70,725 $434,454
2020 $6,393 $500,000 $70,000 $430,000
2019 $3,034 $247,613 $57,244 $190,369
2018 $2,967 $242,759 $56,122 $186,637
2017 $2,914 $238,000 $55,022 $182,978
2016 $2,816 $233,335 $53,944 $179,391
2015 $2,772 $229,831 $53,134 $176,697
2014 $2,717 $225,330 $52,094 $173,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 577566

Fresno MLS

APN: 443-311-11