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Sold for $246,000
  • $246,000

    506 E Vassar Ave, Fresno, CA 93704

    2beds
    2baths
    1,246sqft
    Residential, Single Family Residence
    Built in 1930
    5,671 Square Feet Lot
    $246,000 Zestimate®
    $197/sqft
    $1,838 Estimated rent

    Home value

    $246,000

    $226,000 - $268,000

    $1,838/mo

    Zestimate® history
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    $1,635/mo

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    What's special

    Calling all visionaries and savvy investors: here's a diamond in the rough waiting for someone with imagination and a little effort. This two-bedroom, one-and-a-half-bathroom home sits on a coveted corner lot in one of Fresno's most charming and walkable pockets, where character runs deep and opportunity runs deeper.Let's be honest about what this is a true investor special, ripe for a rehab. The bones are here, the location is undeniable, and the upside is considerable. Bring your contractor, your design board, and your ambition. Whether you're flipping for profit or building long-term equity, this property rewards a thoughtful eye. Please note that cash or cash equivalent offers are required; FHA financing will not be accepted.The corner lot positioning unlocks genuine accessory dwelling unit potential, opening the door to rental income that could make this purchase pay for itself over time. Picture a polished main residence paired with a separate unit generating steady monthly returns a combination that smart buyers dream about.Beyond the property line, the neighborhood does the heavy lifting. Located near Trolley Park for an afternoon breather, Ampersand Ice Cream, Quesadilla Gorilla, or Kuppa Joy Coffee House for your morning. Fresno High School sits just minutes away, rounding out the everyday convenience.This is a beautiful street with serious potential, and homes like this don't sit quietly for long. Bring your vision and seize the moment schedule your private showing before someone else claims the prize.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nader A. Assemi DRE #01962277 559-705-2121,

    SME Real Estate,

    Layla Granata DRE #02086336 559-776-8812,

    SME Real Estate

    Bought with:

    Bennie Scott Ellis Clay, DRE #01990667

    Real Broker

    Source: Fresno MLS,MLS#: 650868Originating MLS: Fresno MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Primary bedroom
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 1
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 2
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 3
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 4
    • Area: 0
    • Dimensions: 0 x 0
    Dining room
    • Area: 0
    • Dimensions: 0 x 0
    Family room
    • Area: 0
    • Dimensions: 0 x 0
    Kitchen
    • Area: 0
    • Dimensions: 0 x 0
    Living room
    • Area: 0
    • Dimensions: 0 x 0
    Basement
    • Area: 0
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Number of fireplaces: 1
    • Fireplace features: Masonry
    Interior area
    • Total structure area: 1,246
    • Total interior livable area: 1,246 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 5,671 Square Feet
    • Dimensions: 42 x 135
    • Features: Urban
    Details
    • Parcel number: 44406401
    • Zoning: RS5

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Residential, Single Family Residence
    Materials
    • Stucco, Wood Siding
    • Foundation: Wood Subfloor
    • Roof: Composition
    Condition
    • Year built: 1930

    Utilities & green energy

    • Electric: On
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities

    Community & HOA

    Location
    • Region: Fresno

    Financial & listing details

    • Price per square foot: $197/sqft
    • Tax assessed value: $280,908
    • Annual tax amount: $3,654
    • Date on market: 6/23/2026
    • Cumulative days on market: 7 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    7/14/2026Sold$246,000+11.8%$197/sqft
    Source: Fresno MLS #650868 Report a problem
    6/30/2026Pending sale$220,000$177/sqft
    Source: Fresno MLS #650868 Report a problem
    6/28/2026Listed for sale$220,000-5.4%$177/sqft
    Source: Fresno MLS #650868 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/8/2014Listing removed$1,195$1/sqft
    Source: Owner Report a problem
    3/13/2014Listed for rent$1,195$1/sqft
    Source: Owner Report a problem
    4/6/2005Sold$232,500+111.4%$187/sqft
    Source: Public Record Report a problem
    11/28/2001Sold$110,000+69.2%$88/sqft
    Source: Public Record Report a problem
    7/7/1999Sold$65,000$52/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,654 +4%$280,908 +2%
    2024$3,515 +1.9%$275,400 +2%
    2023$3,448 +118.3%$270,000 +121.6%
    2022$1,579 +2.8%$121,833 +2%
    2021$1,536 +0.4%$119,445 +1%
    2020$1,530 +4%$118,222 +2%
    2019$1,471 +2.2%$115,905 +2%
    2018$1,440 +1.7%$113,633 +2%
    2017$1,415 +3.4%$111,406 +2%
    2016$1,369 +1.5%$109,222 +1.5%
    2015$1,348 +2.1%$107,583 +2%
    2014$1,321 $105,476 -12.8%
    2013-- $120,900 +9.9%
    2012-- $110,000 -5.1%
    2011-- $115,900 -15%
    2010-- $136,300
    2009-- $136,300 -29.6%
    2008-- $193,700 -19.9%
    2007-- $241,892 +2%
    2006-- $237,150 +84.7%
    2005-- $128,424 +2%
    2004-- $125,907 +12.2%
    2003-- $112,200 +2%
    2002-- $110,000 +65.9%
    2001$732 $66,300
    Find assessor info on the county website

    Neighborhood: Fresno High Roeding

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hamilton
    • Middle: Hamilton
    • High: Fresno

    Source: Fresno MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $246,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $246,000