1605 W Fedora, Fresno, California 93705, Fresno, 93705 - 2 bed, 2 bath

1605 W Fedora, Fresno, California 93705 home-pic-0
ACTIVE$275,000$1,301/sqft
Est. Value: $298,024
8%
BelowEstimate
1605 W Fedora, Fresno, California 93705
2Beds
2Baths
1,301Sqft
8,100Lot

Price Vs. Estimate

The estimated value ($298,024.155) is $23,024.155 (8%) higher than the list price ($275,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8100, living area = 1301.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1301, other record living area = 883.

Compared to the nearby listings

Price:$275.0K vs avg $305.0K ($-30,000)31%
Size:1,301 sqft vs avg 1,301 sqft50%
Price/sqft:$211 vs avg $26023%

More Insights

Built in 1950 (76 years old).
Condition: The property, built in 1950, is an older home that shows clear signs of age and deferred maintenance on the exterior, including faded and stained stucco, an older garage door, and cracked driveway. While the listing mentions an 'Updated Kitchen,' there are no interior images to assess the quality or recency of this update. The description also explicitly states the home is 'in need of some TLC' and lists 'Age of Property' as a weakness, implying outdated systems and general wear. This combination suggests the home is aged but has received some updates, yet still requires minor repairs and cosmetic improvements to bring it up to modern standards, aligning with the 'Fair' condition criteria.
Year Built
1950
Close
-
List price
$275K
Original List price
$275K
Price/Sqft
$211
HOA
-
Days on market
-
Sold On
-
MLS number
FR26001292
Home ConditionFair
Features
Patio
View-

About this home

Nice older home on a large lot. Updated Kitchen, Home in need of some TLC. This home looking for a new owner. Great first time home owner or investor. Closed in Patio

D
Diana Hovde
Listing Agent

Price History

Date
Event
Price
09/02/11
Sold
$60,000
Condition Rating
Fair

The property, built in 1950, is an older home that shows clear signs of age and deferred maintenance on the exterior, including faded and stained stucco, an older garage door, and cracked driveway. While the listing mentions an 'Updated Kitchen,' there are no interior images to assess the quality or recency of this update. The description also explicitly states the home is 'in need of some TLC' and lists 'Age of Property' as a weakness, implying outdated systems and general wear. This combination suggests the home is aged but has received some updates, yet still requires minor repairs and cosmetic improvements to bring it up to modern standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8100, living area = 1301.
Updated Kitchen: The property features an updated kitchen, enhancing its modern appeal and functionality for daily living.
Generous Lot Size: Sitting on a large 8,100 sqft lot, the property offers ample outdoor space for various activities or potential expansion.
Broad Buyer Appeal: The home is explicitly marketed as ideal for both first-time homeowners and investors, indicating versatile market demand.
Enclosed Patio: The presence of a 'Closed in Patio' adds valuable enclosed living space, suitable for various uses regardless of weather.
Two Full Bathrooms: With 2 bathrooms for 2 bedrooms, the property offers a convenient and desirable bath-to-bed ratio.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1301, other record living area = 883.
Requires Renovation/TLC: The property description notes it is 'in need of some TLC,' suggesting potential immediate renovation costs and effort for a new owner.
Age of Property: Built in 1950, the home is older, which may imply outdated systems (plumbing, electrical, HVAC) or deferred maintenance issues.
Limited Bedrooms: With only 2 bedrooms, the property may have limited appeal to larger families or those requiring more living space.
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