4497 N Chestnut Avenue, Fresno, California 93726, Fresno, 93726 - 3 bed, 2 bath
4497 N Chestnut Avenue
Fresno, California 93726
Property Price
SUMMARY
Analysis of 4497 N Chestnut Avenue, Fresno, California 93726 reveals a property with a current list price of $323,070, which is 32% above the estimated $217,686 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
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are unavailable, a property of this age and with these transaction terms almost certainly has original or severely outdated kitchen and bathrooms requiring full renovation, along with likely substantial repairs to other major systems or structural components.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 4497 N Chestnut Avenue
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. ***
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 6,500 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 | 4.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,514 | 1,514 | 50% |
| Lot Size | 6,500 | 6,500 | 50% |
| Price | $323.1K | $327.5K | 40% |
| Price per sq ft | $213 | $224 | 40% |
| Built year | 1966 | 1959 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 226 | 200 | 0% |
Pricing History
Listed for Sale
Jul 24, 2025
$323,070
Initial Listing