2 months on rocket

707 E Shields Ave, Fresno, CA, 93704

$399,950

Home List Price

$4,749*

Closing Credit

6 Bedrooms
2 Baths
1,809 SqFt
$221/SqFt
Multi

Location

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707 E Shields Ave, Fresno$399,950

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage
Garage2 spaces
Year Built1954
HeatingCentral
CoolingCentral Air
FireplaceAll Units
MLS #617600
Lot Size0.23 Acres
StatusActive

About 707 E Shields Ave

Tower District - Duplex Investment Opportunity ! Discover this versatile live / work duplex, offering two well-appointed units, each with 3 bedrooms, 1 bathroom, and separately metered. The property features a spacious garage with convenient laundry hook ups and a large yard. Both units are currently occupied by a single tenant, who is month to month for $2,150/month NNN + $150 Tax & Insurance reimbursements ($2,300 total monthly). The NNN reimbursements gets readjusted annually or when a new lease is signed providing positive cash flow for the future. Proforma market rent is $1,850 per unit + NNN. Offers subject to inspection, do not disturb tenant. This is a rare chance to secure a strong investment with room for growth. Offers are subject to inspection - please respect the tenant's privacy and do not disturb.

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Stories: 1
  • Living Area: 1,809 SqFt

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Bloom Group
  • Office Phone: (559) 625-9500
  • Listing Agent: Matthew Niswander

Interior Features

Interior Information:

  • Fireplace: All Units

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Going West on Shields, pass Maroa, the property is on the North East corner of Shields and Wishon.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,950
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $1,506
  • 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

$389.9K

Med. Price/SqFt

$247

Avg. Days On Market

30

# of Sold Homes

304

707 E Shields Ave vs Fresno

85 DAYS ON ROCKET

+55 Days

$399,950

+$9.9K More

$221/SqFt

-$27 Less

KEY TAKEAWAY

This property is $9.9K more than the Median Sold Price and $27/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: #617600

Listing Office:

  • Office Name: Better Homes and Gardens Real Estate Bloom Group
  • Office Phone: (559) 625-9500
  • Listing Agent: Matthew Niswander

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, 6:20:49 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

Dec 23, 2016Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,506$107,218
2020$1,505$106,120
2019$1,424$104,040
2018$1,424$102,000
2017$1,121$100,000

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-204491
5
/10

  • Morris E. Dailey Charter Elementary School

  • 3135 N Harrison Ave

  • 0.54 miles

  • Public Charter Grades KG-5

school-card-donut-204492
1
/10

  • Phoenix Elementary Academy Community Day

  • 3335 N Arthur Ave

  • 0.76 miles

  • Public District Grades 1-6

school-card-donut-204493
4
/10

  • Del Mar Elementary School

  • 4122 N Del Mar Ave

  • 1.02 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 $32,500. Most Fresno, CA residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Fresno County›Fresno›93704›707 E Shields Ave

This home is located at 707 E Shields Ave in Fresno, CA and zip code 93704 in the Fresno High-Roeding neighborhood. This 1,809 square foot home, which was built in 1954, sits on a 0.23 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $399,950.

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 homes for sale 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.

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