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Backup Offers

2965 E University Ave, Fresno, CA, 93703

$410,000

Home List Price

$4,869*

Closing Credit

3 Bedrooms
3 Baths
1,836 SqFt
$223/SqFt
Multi

Location

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2965 E University Ave, Fresno$410,000

Buyer Closing Credits

$4,869*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage
Garage2 spaces
Year Built1938
HeatingCentral
CoolingCentral Air
FireplaceNone
MLS #620740
Lot Size0.37 Acres
StatusAccepting Backup Offers
(Pending AcceptBackup)

About 2965 E University Ave

This is a fantastic investment opportunity! With two homes on one large lot, it offers excellent potential for income generation. The property is perfect for investors looking for steady monthly income or for owner-occupants who want to offset their mortgage with rental income. The main home has several updates, including new dual-pane windows, a newer roof, and an updated AC and ducting system, which means less worry about immediate maintenance costs. This kind of setup rarely lasts long on the market, so act quickly if you're interested!

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Stories: 1
  • Living Area: 1,836 SqFt

Listing Office:

  • Office Name: Century 21 Cheney Enterprises
  • Listing Agent: Gregory Cheney

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $410,000
  • Price Per SqFt: $223/SqFt

Tax Information:

  • Annual Amount: $1,590
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fresno, CA.

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Fresno, CA

City

Med. Sold Price

$391K

Med. Price/SqFt

$248

Avg. Days On Market

26

# of Sold Homes

286

2965 E University Ave vs Fresno

54 DAYS ON ROCKET

+28 Days

$410,000

+$18.9K More

$223/SqFt

-$25 Less

KEY TAKEAWAY

This property is $18.9K more than the Median Sold Price and $25/SqFt less than other homes in Fresno, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Fresno Multiple Listing System
  • MLS Number: #620740

Listing Office:

  • Office Name: Century 21 Cheney Enterprises
  • Listing Agent: Gregory Cheney

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: 12/21/2024, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 02, 2005Home Sold
$162,000
Oct 04, 1988Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,590$137,000
2020$1,589$122,400
2019$1,450$116,100
2018$1,450$113,900
2017$1,301$106,600

History based on county public records data.

Payment Calculator

$2,114

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,296

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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.

Nearby Schools

school-card-donut-798700
4
/10

  • Mayfair Elementary School

  • 3305 E Home Ave

  • 0.42 miles

  • Public District Grades KG-6

school-card-donut-798701
5
/10

  • Birney Elementary School

  • 3034 E Cornell Ave

  • 0.67 miles

  • Public District Grades KG-6

school-card-donut-798702
5
/10

  • Webster Elementary School

  • 2600 E Tyler Ave

  • 0.85 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,316. The most common annual income of people living in Fresno, CA is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Fresno County›Fresno›93703›2965 E University Ave

This home is located at 2965 E University Ave in Fresno, CA and zip code 93703 in the McLane neighborhood. This 1,836 square foot home, which was built in 1938, sits on a 0.37 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $410,000.

Over 98 listings were sold over their listed price in November 2024 in Fresno, CA. In the same period over 120 listings were sold below the listed price and 68 listings were sold for the listed price. The inventory of homes for sale in Fresno, CA between October 2024 and November 2024 decreased by 3.8%. Listings spent 26 days on the market in November 2024, and had a median list price of $391,067 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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