2845 Madison, Fresno, California 93701, Fresno, 93701 - 3 bed, 2 bath
2845 Madison
Fresno, California 93701
Property Price
SUMMARY
Analysis of 2845 Madison, Fresno, California 93701 reveals a Fairly Priced Property with a current list price of $298,000 aligned with the estimated $289,660 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Fresno Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2845 Madison Subject | $298,000* List Price | 3 | 2 | 1,246 | $232 | - |
A 2401 E Thomas Avenue Sold | $280,000 | 3 | 2 | 1,248 | $224 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property underwent a complete professional remodel within the last few years, featuring high-end updates including a new roof, HVAC system, dual-pane windows, and solar panels. The interior is fully modernized with luxury vinyl flooring, granite countertops, and soft-close cabinetry in the kitchen and bathrooms, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Major Systems
The property features significant high-value upgrades including a newer roof, HVAC system, dual-pane windows, and transferable solar panels, ensuring lower utility costs and reduced maintenance for the buyer.
- Modern Interior Finishes
A comprehensive remodel provides a move-in-ready experience with luxury vinyl flooring, granite countertops, and soft-close cabinetry in both the kitchen and bathrooms.
- Charming Corner Lot
Situated on a spacious 6,250 sqft corner lot, this 'gingerbread' style home offers unique architectural character and more outdoor space than typical mid-block properties.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With 1,246 square feet distributed across three bedrooms, the interior layout may feel tight for larger families or those requiring substantial storage and common area space.
- Vintage Era Limitations
Despite the modern updates, the 1925 construction may still possess inherent era-specific limitations regarding room dimensions and overall floor plan flow compared to contemporary builds.
About 2845 Madison
Well-constructed and long-lasting craftsman cutie location on a nice sized corner lot. Completely remodeled a few years back and present owner took exceptional care of all the upgrades. A new roof, transferable solar, dual windows, and HVAC were included in that remodel. Owners have mentioned how comfortable and energy efferent the home is. Interior is quaint with luxury vinyl flooring in common area and carpet in bedrooms. Kitchen and bathrooms have newer cabinets with the soft close feature and lovely tile or granite throughout. One of the bathrooms is a jack and jill which means it sits between 2 bedrooms for convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 6,250 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,246 | 1,246 | 50% |
| Lot Size | 6,250 | 5,340 | 67% |
| Price | $298.0K | $280.0K | 67% |
| Price per sq ft | $239 | $239 | 50% |
| Built year | 1925 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 142 | 33% |
Pricing History
Listed for Sale
Feb 25, 2026
$298,000
Initial Listing
Sold
Jan 5, 2024
$265,000
Public Record
Sold
Jun 3, 2019
$170,000
Public Record
Sold
Aug 27, 2018
$76,500
Public Record
Sold
Mar 15, 2005
$161,000
Public Record