This outstanding 9.85 acre vacant land opportunity, located within Fresno County records, presents a unique investment opportunity in a high-growth area. Situated in Growth Area 2 as per Figure IM-2 of the Fresno General Plan, the property is currently designated as Residential - Urban Neighborhood, allowing for a density range of 16-30 dwelling units per acre.The land is part of the Southeast Development Area Specific Plan, which is still in draft form. This plan proposes to change the land use designation to Mixed Residential, offering an expanded density range of 8-60 dwelling units per acre. While the current application does not align with either the existing or proposed land use, the potential for prime residential development is immense. Located within the city of Fresno's sphere of influence, this parcel is in the path of growth and is currently zoned AE20. Don't miss out on this fantastic investment opportunity! Contact the agent to set up an appointment or for any questions.
Property Details
Property Features
Listing Office:
Office Name: Gentile Real Estate
Office Phone: (559) 434-4999
Listing Agent: Nancy Vartanian
Lot Features
Lot Information:
Lot Size: 9.85 Acres
Other
Directions Information:
Directions: East of shields.
Price Information
Listing Price Info
Price Summary:
List Price: $3,495,000
Tax Information:
Annual Amount: $3,134
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Fresno, CA.
This property is $3.1M more than the Median Sold Price in Fresno, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Fresno Multiple Listing System
MLS Number: #618013
Listing Office:
Office Name: Gentile Real Estate
Office Phone: (559) 434-4999
Listing Agent: Nancy Vartanian
Based on information from the Fresno Association of REALTORS® (alternatively, from the Fresno MLS). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Fresno Association of Realtors. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 17, 2002
Dec 17, 2002Home Sold
$168,000
Mar 24, 1988
Mar 24, 1988Home Sold
$50,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,134
$224,776
2020
$3,133
$222,472
2019
$2,997
$218,111
2018
$2,997
$213,835
2017
$2,797
$209,643
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Powered By
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Boris Elementary School
7071 E Clinton Ave
Distance between this listing and this school0.67 miles
Public District Grades KG-6
8
/10
Oraze Elementary School
3468 N Armstrong Ave
Distance between this listing and this school1.25 miles
Public District Grades KG-6
8
/10
Reagan Elementary School
3701 Ashlan Ave
Distance between this listing and this school1.45 miles
Public District Grades KG-6
Nearby Schools
8
/10
Reyburn Intermediate School
2901 De Wolf Ave
Distance between this listing and this school1.63 miles
Public District Grades 7-8
9
/10
Quail Lake Environmental Charter
4087 N Quail Lake Dr
Distance between this listing and this school3.24 miles
Public Charter Grades KG-8
6
/10
Clark Intermediate School
902 5th St
Distance between this listing and this school4.05 miles
Public District Grades 7-8
Nearby Schools
8
/10
Clovis East High School
2940 Leonard Ave
Distance between this listing and this school1.70 miles
Public District Grades 9-12
9
/10
Clovis High School
1055 Fowler Ave
Distance between this listing and this school3.20 miles
Public District Grades 9-12
1
/10
Violet Heintz Education Academy
4939 E Yale Ave
Distance between this listing and this school4.31 miles
The neighbors living near this home have an average income of $94,475. The majority of Fresno, CA residents have income between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2860 N Locan Ave
What is the listing price of this property?
The listing price of 2860 N Locan Ave property is $3,495,000.
What type of property is this?
The property 2860 N Locan Ave is land located in Fresno, California, 93737.
Is this property for sale now?
Active Listing: 2860 N Locan Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,134 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 17, 2002 for $168,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2860 N Locan Ave in Fresno, CA and zip code 93737 in the Southeast Growth Area neighborhood. This home sits on a 9.85 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $3,495,000.
In October 2024 more than 90 listings in Fresno, CA were sold above the asking price. During the same period more than 69 listings were sold at asking price, while more than 145 were sold below. The number of listings in Fresno, CA increased by 7.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $389,976, while the average time on the real estate market was 30 days.
From Rocket Homes Real Estate and based on county public records data.