NOT LISTED FOR SALE

Estimated Value: $311,063 - $390,000

2 Beds
1 Bath
1,519 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 516 W Terrace Ave, Fresno, CA 93705 and is currently estimated at $352,266, approximately $231 per square foot. 516 W Terrace Ave is a home located in Fresno County with nearby schools including Homan Elementary School, Fort Miller Middle School, and Fresno High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Hoffrage Michael Brian
Bought by
2022 Hoffrage Revocable Trust and Hoffrage
Current Estimated Value
$352,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,459
Outstanding Balance
$277,459
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$62,187

Purchase Details

Closed on
Jun 23, 2023
Sold by
Hoffrage Michael Brian
Bought by
2022 Hoffrage Revocable Trust and Hoffrage

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.39%
Mortgage Type
VA

Purchase Details

Closed on
Jun 2, 2022
Sold by
Brian Hoffrage Michael
Bought by
2022 Hoffrage Revocable Trust

Purchase Details

Closed on
Nov 22, 2021
Sold by
Hoffrage Michael Brian
Bought by
Hoffrage Michael Brian

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
3.1%

Purchase Details

Closed on
Nov 16, 2021
Sold by
Hoffrage Michael Brian
Bought by
Hoffrage Michael Brian

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
3.1%

Purchase Details

Closed on
Apr 28, 2020
Sold by
Hoffrage Ivy Gay M
Bought by
Hoffrage Michael Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,350
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2000
Sold by
Kozera Marie C
Bought by
Hoffrage Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,804
Interest Rate
8.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
2022 Hoffrage Revocable Trust -- Old Republic Title Company
Hoffrage Michael Brian -- Old Republic Title Company
2022 Hoffrage Revocable Trust -- Old Republic Title Company
Hoffrage Michael Brian -- Old Republic Title Company
2022 Hoffrage Revocable Trust -- Paul Dictos Cpa
Hoffrage Michael Brian -- Old Republic Title Company
Hoffrage Michael Brian -- Old Republic Title Company
Hoffrage Michael Brian -- Old Republic Title Company
Hoffrage Michael B $95,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffrage Michael Brian $277,459
Previous Owner Hoffrage Michael Brian $272,000
Previous Owner Hoffrage Michael Brian $200,000
Previous Owner Hoffrage Michael Brian $146,350
Previous Owner Hoffrage Michael B $25,000
Previous Owner Hoffrage Michael B $200,000
Previous Owner Hoffrage Michael B $50,000
Previous Owner Hoffrage Michael B $97,850
Previous Owner Hoffrage Michael B $94,804
Source: Public Records

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
2023 $34 $142,673 $36,193 $106,480
2022 $1,817 $139,877 $35,484 $104,393
2021 $1,767 $137,136 $34,789 $102,347
2020 $1,760 $135,731 $34,433 $101,298
2019 $1,693 $133,070 $33,758 $99,312
2018 $1,656 $130,462 $33,097 $97,365
2017 $1,628 $127,905 $32,449 $95,456
2016 $1,575 $125,398 $31,813 $93,585
2015 $1,551 $123,516 $31,336 $92,180
2014 $1,520 $121,098 $30,723 $90,375
Source: Public Records

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