
Fresno, California 93727
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $419,900—positioned below the $427,737 Fair Market Value by 1%. This valuation gap offers $7,837 in Instant Equity for the incoming buyer. The property maintains a Condition Score of 4, featuring a Private Swimming Pool, Solar Panels, and a functional 4-Bedroom Layout. While move-in ready, cosmetic modernization of the kitchen and ceilings provides clear potential for forced appreciation. Located within the Fresno Unified School District, this home is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5850 E Ramona Avenue Subject | $419,900* List Price | 4 | 2 | 1,573 | $272 | - |
A 5822 E Ramona Sold | $355,000 | 3 | 2 | 1,253 | $283 | 0.1 mi |
B 3849 N Stanford Active | $400,000 List Price | 3 | 2 | 1,285 | $311 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property is well-maintained but shows significant signs of age. While it features some modern upgrades such as solar panels, stainless steel appliances, and newer laminate flooring, the kitchen cabinets are dated with visible wear, and the home retains popcorn ceilings and older bathroom vanities. It is move-in ready but requires cosmetic modernization and minor updates to meet current quality standards.
The property features a private swimming pool and a spacious backyard, providing a highly desirable retreat for relaxation and entertainment during Fresno's warm summers.
Equipped with solar panels, the home offers significant long-term value and utility cost savings, which is a major selling point in the Central Valley.
With four bedrooms and a well-proportioned 1,573 sqft floor plan, the home provides a practical and versatile living space for growing families in an established neighborhood.
Built in 1974, the home may require capital improvements or modernization of major systems and cosmetic finishes to compete with newer residential standards.
A recent price reduction and 37 days on the market suggest that the property is still finding its footing in the current market climate relative to buyer expectations.
Welcome to 5850 E Ramona Ave. This beautiful home is located in a well-established Fresno neighborhood! This property features a refreshing swimming pool perfect for warm Central Valley summers and solar panels for energy efficiency. Spacious layout with comfortable living areas and a great backyard for relaxing or entertaining. Home is conveniently located near schools, shopping, and everyday amenities. A great opportunity you dont want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.5 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,573 | 1,606.5 | 44% |
| Lot Size | 6,300 | 6,300 | 50% |
| Price | $419.9K | $424.9K | 50% |
| Price per sq ft | $267 | $246 | 63% |
| Built year | 1974 | 1994 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 150 | 6% |
Apr 14, 2026
$419,900
$434,900
-3% Price Drop
Initial Listing
Mar 8, 2026
$434,900
Initial Listing
Sep 7, 2022
$371,500
Public Record
Apr 5, 2002
$104,000
Public Record
Apr 2, 1998
$88,000
Public Record