2694 W Fairmont, Fresno, California 93705, Fresno, 93705 - 2 bed, 1 bath
ACTIVE$139,999
2694 W Fairmont, Fresno, California 93705
2Beds
1Bath
810Sqft
896Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Affordability: The current list price of $139,999, following multiple reductions, presents a highly attractive and accessible entry point for buyers or investors.
Top Cons:
High Association Fees: The $385 monthly association fee is substantial, especially when compared to the property's list price, significantly impacting overall monthly housing expenses.
Compared to the nearby listings
Price:$140.0K vs avg $157.5K ($-17,501)40%
Size:810 sqft vs avg 1,046 sqft20%
Price/sqft:$173 vs avg $17350%
More Insights
Built in 1971 (54 years old).
Condition: Built in 1971, this condo is over 50 years old. While the property appears well-maintained with fresh paint and updated stainless steel appliances in the kitchen, the wood cabinetry, countertops, and tile flooring throughout are dated in style. The overall condition suggests regular upkeep but no extensive, recent renovation, aligning with a 'fair' rating where major components are functional but show signs of being outdated.
Year Built
1971
Close
-
List price
$140K
Original List price
$160K
Price/Sqft
$173
HOA
$385
Days on market
-
Sold On
-
MLS number
MB25234505
Home ConditionFair
Features
ViewNeighborhood
About this home
Beautiful Condo with 2 bedrooms 1 bathroom is located at the West Shaw Estates neighborhood. It is walking distance to Shopping Stores, Restaurants' and Grocery Stores. This property also has Iron Bars throughout the windows and the main front entrance door.
Condition Rating
Fair
Built in 1971, this condo is over 50 years old. While the property appears well-maintained with fresh paint and updated stainless steel appliances in the kitchen, the wood cabinetry, countertops, and tile flooring throughout are dated in style. The overall condition suggests regular upkeep but no extensive, recent renovation, aligning with a 'fair' rating where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Exceptional Affordability: The current list price of $139,999, following multiple reductions, presents a highly attractive and accessible entry point for buyers or investors.
Outstanding Walkability: Its location offers direct walking access to shopping centers, diverse restaurants, and grocery stores, providing significant daily convenience and lifestyle benefits.
Low Maintenance Lifestyle: As a condominium, it offers the benefit of reduced exterior maintenance and upkeep, appealing to those seeking a simpler living arrangement.
Established Neighborhood: Situated in the West Shaw Estates, the property is part of a known and established community.
Enhanced Security Features: The presence of iron bars on windows and the main entrance door provides an additional layer of security for peace of mind.
Cons
High Association Fees: The $385 monthly association fee is substantial, especially when compared to the property's list price, significantly impacting overall monthly housing expenses.
Compact Living Space: With only 810 square feet, the unit offers limited interior space, which may be a constraint for buyers desiring more expansive living areas.
Age and Potential for Updates: Built in 1971, the property is over five decades old, suggesting that systems and finishes may be dated and could require future investment for modernization or repairs.