4497 N Chestnut Avenue, Fresno, California 93726, Fresno, 93726 - 3 bed, 2 bath
ACTIVE$323,070
4497 N Chestnut Avenue, Fresno, California 93726
3Beds
2Baths
1,514Sqft
6,500Lot
Price Vs. Estimate
The estimated value ($217,686.08) is $105,383.92 (32%) lower than the list price ($323,070). This property may be overpriced.
Key pros and cons
Top Pros:
Investment Opportunity: The property is explicitly marketed as a 'Great Opportunity,' suggesting potential for value appreciation or renovation upside for an astute buyer.
Top Cons:
CASH ONLY Transaction: The strict 'CASH ONLY' requirement significantly restricts the pool of eligible buyers, potentially impacting market demand and sale velocity.
Compared to the nearby listings
Price:$323.1K vs avg $323.1K (+$0)50%
Size:1,514 sqft vs avg 1,221 sqft57%
Price/sqft:$213 vs avg $22929%
More Insights
Built in 1966 (59 years old).
Condition: Built in 1966, this property is 58 years old with no mentioned renovations. The 'CASH ONLY' transaction and auction context strongly indicate significant deferred maintenance and potential major defects that would prevent traditional financing. While interior photos are unavailable, a property of this age and with these transaction terms almost certainly has original or severely outdated kitchen and bathrooms requiring full renovation, along with likely substantial repairs to other major systems or structural components.
Year Built
1966
Close
-
List price
$323K
Original List price
$323K
Price/Sqft
$213
HOA
-
Days on market
-
Sold On
-
MLS number
IV25167078
Home ConditionPoor
Features
View-
About this home
Great Opportunity to own this single-family home built in 1966 featuring 3 bedrooms and 2 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***
Condition Rating
Poor
Built in 1966, this property is 58 years old with no mentioned renovations. The 'CASH ONLY' transaction and auction context strongly indicate significant deferred maintenance and potential major defects that would prevent traditional financing. While interior photos are unavailable, a property of this age and with these transaction terms almost certainly has original or severely outdated kitchen and bathrooms requiring full renovation, along with likely substantial repairs to other major systems or structural components.
Pros & Cons
Pros
Investment Opportunity: The property is explicitly marketed as a 'Great Opportunity,' suggesting potential for value appreciation or renovation upside for an astute buyer.
Seller Financial Incentives: The seller's commitment to pay Taxes, HOA, and Municipal/Utility Liens significantly reduces the buyer's initial financial burden and closing costs.
Desirable Home Configuration: The 3-bedroom, 2-bathroom layout is a highly sought-after configuration, appealing to a wide range of families and potential homeowners.
Generous Lot Size: A 6500 sqft lot provides ample outdoor space for landscaping, recreation, or potential expansion, enhancing the property's utility and appeal.
Established City Location: Located in Fresno, a major California city, the property benefits from access to urban amenities, services, and potential for community growth.
Cons
CASH ONLY Transaction: The strict 'CASH ONLY' requirement significantly restricts the pool of eligible buyers, potentially impacting market demand and sale velocity.
Property Age and Potential Updates: Built in 1966, the home is nearly 60 years old, indicating a high likelihood of needing updates to major systems, finishes, and general modernization.
Complex Transaction Process: The mention of 'Auction disclaimers' and bidding suggests a non-standard and potentially more involved purchasing process, which may deter some buyers.