Introducing a charming 4-unit complex comprised of standalone cottage-style units, each boasting 1 bedroom and 1 bath. With its spacious lot, this property may hold potential for savvy investors to capitalize on by adding an ADU.The enticing rental rates make this property an attractive prospect for investors looking to bolster their real estate portfolio. Furthermore, it presents the option of leveraging residential financing, allowing buyers to reside in one unit while renting out the remaining three to offset expenses.Strategically positioned near Fresno Community Hospital, schools, and beloved local dining spots, this property offers convenience and accessibility for residents.We kindly request that you respect the privacy of our tenants by refraining from walking the grounds or disturbing occupants. For further information on this unique opportunity, please contact us today.
Property Details
Property Features
Property Information:
Year Built: 1942
Stories: 1
Living Area: 2,372 SqFt
Listing Office:
Office Name: Fresno Income Properties
Office Phone: (559) 438-9410
Listing Agent: Paul Gestic
Interior Features
Interior Information:
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: Carport, One Space per Unit
Lot Features
Lot Information:
Lot Size: 0.25 Acres
Utilities
Utilities Information:
Heating: Floor Furnace
Cooling: Evaporative Cooling
Other
Directions Information:
Directions: West on Belmont, left on Effie
Price Information
Listing Price Info
Price Summary:
List Price: $599,950
Price Per SqFt: $253/SqFt
Tax Information:
Annual Amount: $1,529
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 $209.9K more than the Median Sold Price and $5/SqFt more 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: #613865
Listing Office:
Office Name: Fresno Income Properties
Office Phone: (559) 438-9410
Listing Agent: Paul Gestic
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: 11/21/2024, 8:20:49 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
Apr 12, 2013
Apr 12, 2013Home Sold
$100,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,529
$113,757
2020
$1,529
$112,591
2019
$1,443
$110,384
2018
$1,443
$108,221
2017
$1,375
$106,100
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.
$3,062
Per Month
Principal & Interest
$2,995
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
$1,865
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
Yokomi Elementary School
2323 E McKenzie Ave
Distance between this listing and this school0.30 miles
Public District Grades PK-6
7
/10
Anthony Elementary School
1542 E Webster Ave
Distance between this listing and this school0.51 miles
Public District Grades KG-6
3
/10
Lowell Elementary School
171 N Poplar Ave
Distance between this listing and this school0.55 miles
Public District Grades KG-6
Nearby Schools
2
/10
Tehipite Middle School
630 N Augusta St
Distance between this listing and this school0.53 miles
Public District Grades 7-8
4
/10
Kepler Neighborhood
1462 Broadway St
Distance between this listing and this school0.90 miles
Public Charter Grades KG-8
3
/10
Yosemite Middle School
1292 N 9th St
Distance between this listing and this school1.81 miles
Public District Grades 7-8
Nearby Schools
3
/10
J. E. Young Academic Center
822 N Abby St
Distance between this listing and this school0.30 miles
Public District Grades KG-12
3
/10
School of Unlimited Learning
2336 Calaveras St
Distance between this listing and this school0.55 miles
Public Charter Grades 9-12
8
/10
Career Technical Education Charter
1320 N Mariposa St
Distance between this listing and this school0.95 miles
The neighbors living near this home have an average income of $17,159. Typical income of Fresno, CA residents is less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
This home is located at 436 N Effie St in Fresno, CA and zip code 93701 in the Central neighborhood. This 2,372 square foot home, which was built in 1942, sits on a 0.25 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $599,950.
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. Listings spent 30 days on the market in October 2024, and had a median list price of $389,976 during the same period.
From Rocket Homes Real Estate and based on county public records data.