NOT LISTED FOR SALE

947 E Fountain Way Fresno, CA 93704

Maroa Neighborhood

Estimated Value: $135,000 - $202,938

2 Beds
1 Bath
700 Sq Ft
$244/Sq Ft Est. Value

Last Sold April 10, 2019

Last sale price $72,500 $104 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $987/month

16 Days on Market

About This Home

As of April 2019

Investor Special!!! Here is a great opportunity to purchase this fixer-upper priced below market value. It's located in a nice neighborhood close to schools and shopping. Cash or Hard Money only, the property will not qualify for conventional financing in its current condition.

Last Listed By

Jason Pritchard

Real Broker License #02033498 Listed on: 02/27/2019

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $495

Year Built

  • Built in 1923

Lot Details

  • 6,750 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Property is zoned RS5

Home Design

  • Wood Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$495

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Price Per Square Foot: 103.57
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1923

Interior Features

  • Bathrooms: 1.00
  • Bedrooms: 2
  • Laundry: Inside
  • Square Footage: 700.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Wood Sub Floor
  • Pool: No

Utilities

  • Heating And Cooling: None
  • 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: 0.1550
  • Lot Dimensions: 50X135
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6750.00
  • Price Per Acre: 467741.94

Building Info

  • Year Built: 1923

MLS Schools

  • School District: Fresno Unified
  • School Type: High School
  • School Name: Fresno
  • School Type: Junior High School
  • School Name: Fort Miller
  • School Type: Grade School
  • School Name: Del Mar

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Asset Default Management Inc
Bought by
Estrada Real Estate Corporation and Cardona Real Estate Investment Inc
Total Days on Market
16
Current Estimated Value
$170,485

Purchase Details

Closed on
May 29, 2020
Sold by
Cardona Real Estate Investments Corp
Bought by
The Estrada Real Estate Investments Corp

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
3.3%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 27, 2019
Closed on
Mar 29, 2019
Sold by
Pinnacle Investments Llc
Bought by
Estrada Real Estate Investments Corp
Seller's Agent
Jason Pritchard
Real Broker
Buyer's Agent
Chan Ma
Real Broker
List Price
$72,500
Sold Price
$72,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.73%
Original Mortgage
$50,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2019
Sold by
Avalos Martha
Bought by
Pinnacle Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.3%
Mortgage Type
New Conventional

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
Estrada Real Estate Corporation $62,045 --
The Estrada Real Estate Investments Corp -- Orange Coast Ttl Co Northcal
Estrada Real Estate Investments Corp $72,500 Fidelity National Title Co
Pinnacle Investments Llc $60,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estrada Real Estate Investment $41,000
Previous Owner The Estrada Real Estate Investments Corp $200,000
Previous Owner Estrada Real Estate Investments Corp $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2019 04/10/19 Sold $72,500 0.0% $104 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $72,500 -- $104 / 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
2023 $495 $37,158 $37,158 $0
2022 $498 $36,430 $36,430 $0
2021 $485 $35,716 $35,716 $0
2020 $974 $73,950 $35,700 $38,250
2019 $782 $60,000 $25,000 $35,000
2018 $593 $45,000 $25,000 $20,000
2017 $906 $70,000 $25,000 $45,000
2016 $626 $48,200 $24,100 $24,100
2015 $569 $43,600 $21,800 $21,800
2014 $535 $41,000 $20,500 $20,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 518494

Fresno MLS

APN: 435-245-18