NOT LISTED FOR SALE

1040 N Villa Ave Fresno, CA 93727

Roosevelt Neighborhood

Estimated Value: $351,000 - $516,100

4 Beds
2 Baths
1,600 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $76,650 $48 Per Sq Ft

Est. 416% increase in value since last sale

Current estimated payment $2,324/month

About This Home

As of January 2013

Sold prior to publication

Last Agent to Sell the Property

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 01/11/2013

London Properties, Ltd.

Co-Listed By

Bobby Ward

Keller Williams Fresno License #01350825

Last Buyer's Agent

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 01/11/2013

London Properties, Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,237

Year Built

  • Built in 1955

Lot Details

  • 8,100

Home Design

  • Concrete Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 8,100 Sq Ft Lot
  • Refrigerated and Evaporative Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,237

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Price Per Square Foot: 47.91
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Bathrooms: 2.00
  • Bedrooms: 4
  • Laundry: None
  • Square Footage: 1600.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete
  • Pool: No

Utilities

  • Heating And Cooling: Evaporative Cool
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1860
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8100.00
  • Price Per Acre: 412096.77

Building Info

  • Year Built: 1955

MLS Schools

  • School District 2: Fresno Unified
  • School Type: High School
  • School Name: Sunnyside
  • School Type: Junior High School
  • School Name: Kings Canyon
  • School Type: Grade School
  • School Name: Turner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2017
Sold by
Central Valley Caiital Ii Lp
Bought by
Central Valley Capital I Llc
Current Estimated Value
$395,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,500,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2013
Sold by
Mro Investments Inc
Bought by
Central Valley Capital Ii L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
4.51%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 11, 2013
Closed on
Dec 31, 2012
Sold by
Bank Of America N A
Bought by
Mro Investments Inc
Seller's Agent
Michael Garabedian
London Properties, Ltd.
Buyer's Agent
Michael Garabedian
London Properties, Ltd.
List Price
$76,650
Sold Price
$76,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.51%
Original Mortgage
$1,000,000
Interest Rate
3.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2012
Sold by
Murdock Marcellus and Murdock Lois Jean
Bought by
Bank Of America N A
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Central Valley Capital I Llc $4,628,500 Os National Llc
Central Valley Capital Ii L P -- Placer Title Company
Mro Investments Inc $77,000 Commerce Title Company
Bank Of America N A $147,756 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Central Valley Capital I Llc $28,500,000
Previous Owner Central Valley Capital I Llc $28,500,000
Previous Owner Central Valley Capital Ii L P $7,500,000
Previous Owner Mro Investments Inc $1,000,000
Previous Owner Murdock Marcellus $135,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2013 01/15/13 Sold $76,650 0.0% $48 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
01/11/2013 01/11/13 For Sale $76,650 -- $48 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,237 $182,047 $56,889 $125,158
2023 $2,194 $174,980 $54,681 $120,299
2022 $2,165 $171,550 $53,609 $117,941
2021 $2,105 $168,187 $52,558 $115,629
2020 $2,097 $166,464 $52,020 $114,444
2019 $2,016 $163,200 $51,000 $112,200
2018 $1,078 $86,186 $32,319 $53,867
2017 $1,060 $84,497 $31,686 $52,811
2016 $1,025 $82,841 $31,065 $51,776
2015 $1,010 $81,598 $30,599 $50,999
2014 $965 $76,947 $30,136 $46,811
Source: Public Records

Agents Affiliated with this Home

  • Michael Garabedian

    Seller's Agent in 2013

    Michael Garabedian

    London Properties, Ltd.

    (559) 436-4065

    62 Total Sales

    Michael Garabedian
    Section Image

  • B

    Seller Co-Listing Agent in 2013

    Bobby Ward

    Keller Williams Fresno

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Map

Source: Fresno MLS

MLS Number: 402954

Fresno MLS

APN: 456-081-30

California Fresno County Fresno 93727 Roosevelt

1040 N Villa Ave, Fresno, CA

This home is located at 1040 N Villa Ave, Fresno, CA 93727 since 11 January 2013 and is currently estimated at $395,525, approximately $247 per square foot. This property was built in 1955. 1040 N Villa Ave is a home located in Fresno County with nearby schools including Turner Elementary School, Scandinavian Middle School, and Mclane High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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