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1562 N Fay, Fresno, California 93728, Fresno, 93728 - 2 bed, 1 bath

1562 N Fay, Fresno, California 93728 home-pic-0
ACTIVE$295,000
1562 N Fay, Fresno, California 93728
2Beds
1Bath
909Sqft
6,300Lot

Price Vs. Estimate

The estimated value ($280,404.215) is $14,595.785 (4%) lower than the list price ($295,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Situated near Fresno's vibrant Tower District, offering convenient access to restaurants, shopping, entertainment, and downtown amenities, making it a highly desirable neighborhood.
Top Cons:
Limited Living Space: With 2 bedrooms, 1 bathroom, and 909 square feet, the property offers limited living space, which may not suit larger families or those requiring more room.

Compared to the nearby listings

Price:$295.0K vs avg $330.0K ($-35,000)38%
Size:909 sqft vs avg 1,193 sqft25%
Price/sqft:$325 vs avg $28863%

More Insights

Built in 1950 (75 years old).
Condition: The property, built in 1950, is well-maintained and move-in ready with recent updates like a newer roof and solar panels. However, the kitchen features 'newer' oak cabinets and laminate countertops, and the bathroom has older-style tiled walls and a basic vanity, suggesting renovations that are likely 15-30 years old. While functional and clean, the aesthetic of the kitchen and bathroom is dated, and the inferred lack of central air conditioning is a notable drawback for the region. It requires minor cosmetic updates to align with current styles.
Year Built
1950
Close
-
List price
$295K
Original List price
$295K
Price/Sqft
$325
HOA
-
Days on market
-
Sold On
-
MLS number
MD25248108
Home ConditionFair
Features
View-

About this home

Welcome to 1562 N Fay Avenue in Fresno a charming and energy-efficient home near the vibrant Tower District! This beautifully maintained property offers 2 bedrooms, 1 bathroom, and a spacious. Enter into the inviting front porch and into a bright living room featuring tile flooring, updated lighting, and a welcoming atmosphere. The kitchen includes newer cabinets, ample storage, and access to the large backyard, perfect for outdoor gatherings or future expansion. Additional highlights include a newer roof and solar energy system, providing long-term savings and efficiency. Located just minutes from Tower District restaurants, shopping, entertainment, and downtown Fresno, this home offers both comfort and convenience in one of Fresno's most desirable neighborhoods. Don't miss your chance to own this move-in-ready Fresno homeschedule your private showing today!

Price History

Date
Event
Price
08/16/22
Sold
$252,000
09/13/04
Sold
$156,000
10/24/01
Sold
$73,500
Condition Rating
Fair
The property, built in 1950, is well-maintained and move-in ready with recent updates like a newer roof and solar panels. However, the kitchen features 'newer' oak cabinets and laminate countertops, and the bathroom has older-style tiled walls and a basic vanity, suggesting renovations that are likely 15-30 years old. While functional and clean, the aesthetic of the kitchen and bathroom is dated, and the inferred lack of central air conditioning is a notable drawback for the region. It requires minor cosmetic updates to align with current styles.
Pros & Cons

Pros

Prime Location: Situated near Fresno's vibrant Tower District, offering convenient access to restaurants, shopping, entertainment, and downtown amenities, making it a highly desirable neighborhood.
Energy Efficiency & Cost Savings: Features a newer roof and an installed solar energy system, providing long-term utility savings and contributing to the home's overall energy efficiency.
Recent Updates & Move-in Ready Condition: The property is beautifully maintained with updated lighting, tile flooring, and newer kitchen cabinets, presenting a move-in-ready opportunity for buyers.
Outdoor Space & Expansion Potential: Boasts a large 6,300 sqft backyard, ideal for outdoor gatherings, gardening, or potential future expansion of the living space.
Charming Curb Appeal: An inviting front porch and a 'charming' aesthetic contribute to a welcoming atmosphere and attractive curb appeal.

Cons

Limited Living Space: With 2 bedrooms, 1 bathroom, and 909 square feet, the property offers limited living space, which may not suit larger families or those requiring more room.
Age of Construction: Built in 1950, the home's age, despite updates, may suggest older underlying infrastructure or potential for maintenance needs not covered by recent renovations.
Absence of Central Air Conditioning (Inferred): Given Fresno's hot climate, the description does not mention a central cooling system, which could be a significant comfort and resale consideration for potential buyers.

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