NOT LISTED FOR SALE

4628 E Terrace Ave Fresno, CA 93703

McLane Neighborhood

Estimated Value: $304,000 - $318,000

2 Beds
2 Baths
1,040 Sq Ft
$299/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $215,000 $207 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,926/month

1 Day on Market

About This Home

As of August 2020

Quaint East Fresno Home with major income producing potential. This centrally located home is within 5 minutes to CSU Fresno, 5 minutes to the VA hospital, 10 minutes to Sierra Vista Mall, Old Town Clovis AND Community Regional Medical Center. Located on an oversized 13,000 Sqft lot with room for RV parking on the side. Beautiful shade tree in the front is fit to cool off the front patio during the summer months. An interior featuring wood laminate flooring throughout and a layout that makes the home feel larger than that of the actual Sqft. Featuring a spacious master suite with front and backyard views, including back patio access. This Mitchell Group exclusive is ready for the first time home-buyer or investor looking for their next income producing property. It's Time to Stop Searching & Start Living the GoodLIFE!

Last Agent to Sell the Property

Linda Mitchell

Gate12 Real Estate License #01902398 Listed on: 07/29/2020

Co-Listed By

David Mitchell

Gate12 Real Estate License #01948429

Last Buyer's Agent

Gonzalo Gomez

Century 21 Cheney Enterprises License #02055087

Century 21 Cheney Enterprises

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1948

Lot Details

  • 0.3 Acre Lot
  • Front and Back Yard Sprinklers
  • Property is zoned R1

Home Design

  • 1,040 Sq Ft Home
  • Ranch Style House
  • Concrete Foundation
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Oven or Range
  • Laundry in unit
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,816

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Price Per Square Foot: 206.73
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Bathrooms: 1.75
  • Bedrooms: 2
  • Kitchen: F/S Range/Oven
  • Laundry: Inside
  • Square Footage: 1040.00

Exterior Features

  • Yard: Sprinklers Front, Sprinklers Back
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete
  • Pool: No

Garage/Parking

  • Parking Features: Potential RV Parking

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: 0.2984
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 13000.00
  • Price Per Acre: 720509.38

Building Info

  • Year Built: 1948

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: Norseman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 20, 2020
Sold by
Pennington Robert
Bought by
Pennington Loretta
Seller's Agent
Linda Mitchell
Gate12 Real Estate
Buyer's Agent
Gonzalo Gomez
Century 21 Cheney Enterprises
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$310,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,877
Avg. Annual Appreciation
7.68%
Original Mortgage
$201,286
Outstanding Balance
$179,033
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$132,255

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 13, 2020
Sold by
Branko Properties Llc
Bought by
Ramos Elizabeth
Seller's Agent
Linda Mitchell
Gate12 Real Estate
Buyer's Agent
Gonzalo Gomez
Century 21 Cheney Enterprises
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Outstanding Balance
$179,033
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$132,255

Purchase Details

Closed on
Aug 29, 2013
Sold by
Pennington Loretta
Bought by
Branko Properties Llc

Purchase Details

Closed on
May 14, 2013
Sold by
County Of Fresno
Bought by
Pennington Loretta

Purchase Details

Closed on
Dec 5, 2012
Sold by
Ellis Judith Ebert
Bought by
County Of Fresno

Purchase Details

Closed on
Oct 16, 2008
Sold by
Ellis Judith Ebert
Bought by
Ellis Judith Ebert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2008
Sold by
Gilbert Glen Dale
Bought by
Ellis Judith Ebert
Source: Public Records

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
Pennington Loretta -- Chicago Title Company
Ramos Elizabeth $215,000 Chicago Title Company
Branko Properties Llc -- None Available
Pennington Loretta $78,000 None Available
County Of Fresno $107,950 First American Title
Ellis Judith Ebert -- First American Title Company
Ellis Judith Ebert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Elizabeth $201,286
Previous Owner Ellis Judith Ebert $106,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $215,000 0.0% $207 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $215,000 -- $207 / 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 $2,816 $232,721 $64,945 $167,776
2023 $2,762 $223,686 $62,424 $161,262
2022 $2,724 $219,300 $61,200 $158,100
2021 $2,649 $215,000 $60,000 $155,000
2020 $1,269 $102,432 $33,777 $68,655
2019 $1,220 $100,424 $33,115 $67,309
2018 $1,193 $98,456 $32,466 $65,990
2017 $1,172 $96,527 $31,830 $64,697
2016 $1,133 $81,135 $31,206 $49,929
2015 $956 $79,918 $30,738 $49,180
2014 $939 $78,353 $30,136 $48,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 545463

Fresno MLS

APN: 447-173-04