Backup offers
$7,422 Closing Credit¹
#627539, Alexander Petrosyan, Listing Office: Real Broker
$549,000 List price
506 W Terrace Ave Fresno, CA 93705
$6,519
Closing credit¹
4 beds
2 baths
2,336 sqft
0.2 acres
$235 / sqft
House
Property details
About 506 W Terrace Ave
Move-in ready, wonderfully remodeled, 4 bed room, 2.5 bathroom, 2,336 square foot home on a centrally located corner lot. This home is said to have been built by the old fire department chief as his personal residence which explains the high-end masonry construction and tile roof. Features and upgrades include a very handy basement, oversized 2 car garage, covered RV parking, new dual paned vinyl windows, new HVAC, all new cabinetry, new stainless-steel appliances, countertops, LVP flooring, bathroom tile and fresh paint inside and out. The fourth bedroom nearest the garage has its own bathroom and living room space which could be used for a variety of purposes such as multi-generational living or even as a rental. The front lawn has been re-seeded and is coming in nicely. All of this and the fact that this home has been inspected and appraised will provide the lucky new owners peace of mind. Home inspection and appraisal attached.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,336 sqft
BasementYes
Lot size0.1937 Acres
Year built1952
ParkingAttached
MLS #625683
Attached garageYes
FireplaceMasonry
Summary
- Basement: Yes
- Fireplace: Masonry
- Total Bedroom Count: 4
- Attached Garage: Yes
- Private Pool: No
- Parking: Attached
- Heating: Central
- Cooling: Central Air
- List Price: $549,000
- Price/SqFt: $235
- Annual Tax Amount: $1,155
- Tax Year: 2024
- Lot: Corner Lot
- Directions: From Shields and Fruit head south on Fruit. Home will be on your right at the corner of Terrace and Fruit.
- Year Built: 1952
- Stories: 1
- Living Area: 2,336 SqFt
- Lot Size: 0.1937 Acres
- MLS Number: 625683
- MLS Name: Fresno Multiple Listing System
- Office Name: Signature Properties
- Office Phone: (559) 432-1703
- Office Email: fatimamosby@gmail.com
- Listing Agent: Lance Greenwood
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 2025 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: 5/13/2025, 8:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$549,000
506 W Terrace Ave
$6,519
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 10, 2024 | Home Sold | $270,000 |
| Oct 10, 2024 | Home Sold | $312,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $90,308 | $1,155 |
| 2023 | $88,538 | $1,155 |
| 2022 | $86,803 | $1,140 |
| 2021 | $85,102 | $1,109 |
| 2020 | $84,231 | $1,104 |
| 2019 | $82,580 | $1,040 |
| 2018 | $80,962 | $1,040 |
| 2017 | $79,375 | $990 |
History based on county public records data.
Nearby schools
2
Fremont Elementary School
Public District KG-6
0.5 mi
•1005 W Weldon Ave
5
Morris E. Dailey Charter Elementary School
Public Charter KG-5
0.5 mi
•3135 N Harrison Ave
1
Phoenix Elementary Academy Community Day
Public District 1-6
0.5 mi
•3335 N Arthur Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,106. Most Fresno, CA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
59%
<35k
30%
35k-100k
11%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
17%
Single, with Kids
15%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Ross Dress For Less
H&M
Where do the neighbors go to eat?
White Castle
Jack In The Box
Popeyes
What do the neighbors drive?
Kia
Nissan
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 506 W Terrace Ave
The listing price of 506 W Terrace Ave property is $549,000.
The property 506 W Terrace Ave is a house located in Fresno, California, 93705.
Active Listing: 506 W Terrace Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 506 W Terrace Ave are: Fremont Elementary School (GreatSchools Rating 2/10), Morris E. Dailey Charter Elementary School (GreatSchools Rating 5/10), Phoenix Elementary Academy Community Day (GreatSchools Rating 1/10), Hamilton K - 8 School (GreatSchools Rating 4/10), Fort Miller Middle School (GreatSchools Rating 2/10), Aspen Meadow Public (GreatSchools Rating 4/10), Fresno High School (GreatSchools Rating 3/10), Design Science Middle College High School (GreatSchools Rating 10/10), Dewolf Continuation High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,155 (source: MLS/based on county public records data).
The last sale was on October 10, 2024 for $270,000 (source: MLS/tax record).
The property at 506 W Terrace Ave has 4 bedrooms and 2 bathrooms.
The property 506 W Terrace Ave is 2,336 SqFt (source: MLS/tax record).
The year of construction for 506 W Terrace Ave is 1952.
This home is located at 506 W Terrace Ave in Fresno, CA and zip code 93705 in the Fresno High-Roeding neighborhood. This 2,336 square foot home, which was built in 1952, sits on a 0.19 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $549,000.
While more than 121 listings in Fresno, CA in April 2025 were sold above asking price, there were more than 97 listings sold at asking price, and more than 130 were sold below. Between March and April 2025, Fresno, CA real estate market has seen increase in the number of listings by 5.3%. Listings spent 30 days on the market in April 2025, and had a median list price of $399,996 during the same period.
From Rocket Homes Real Estate and based on county public records data.