NOT LISTED FOR SALE
18 Beds
12 Baths
9,210 Sq Ft
0.35 Acres

Last Sold March 12, 2021

Last sale price $948,000 $103 Per Sq Ft

31 Days on Market

Highlights

  • 0.35 Acre Lot
  • Central Air
  • Wood Siding

About This Home

As of March 2021

Presenting 12 units in Madera, Ca. All units are 8-1bed/1bath and 4- 2bed/1bath fully occupied. This property is well maintained and situated on a corner lot. This Turnkey property will make a great addition to your portfolio. Do not walk the grounds or disturb tenants and make offers subject to walk through inspection.

Last Agent to Sell the Property

Paul Gestic

Fresno Income Properties License #01376488 Listed on: 11/06/2020

Last Buyer's Agent

Sarah Wilcox

Realty Concepts, Ltd. - Fresno License #01947689

Realty Concepts, Ltd. - Fresno

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.35

Parking

  • Carport

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 9,210 Sq Ft Home
  • 2-Story Property
  • Second Stove

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Bathrooms

Additional Features

  • 0.35 Acre Lot
  • Central Air

Community Details

  • 12 Units
  • Gross Income $101,440

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 102.93
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1975

Interior Features

  • Fireplace: None
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 12.00
  • Bedrooms: 18
  • Facilities: Utility Room
  • Square Footage: 9210.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, One Space per Unit

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.3451
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 15032.00
  • Price Per Acre: 2747029.85

Building Info

  • Year Built: 1975

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 101440.00
  • IncomeIncludes: Unit Rent, Month to Month, Lease, Both
  • Total Units: 12

MLS Schools

  • School District: Madera Unified

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $948,000 0.0% $103 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $948,000 -- $103 / 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 $11,882 $1,026,143 $162,364 $863,779
2023 $11,882 $986,299 $156,060 $830,239
2022 $11,102 $948,000 $150,000 $798,000
2021 $6,222 $539,490 $131,350 $408,140
2020 $6,336 $533,960 $130,004 $403,956
2019 $6,290 $523,491 $127,455 $396,036
2018 $5,801 $513,227 $124,956 $388,271
2017 $5,733 $503,164 $122,506 $380,658
2016 $5,591 $493,299 $120,104 $373,195
2015 $5,519 $485,890 $118,300 $367,590
2014 $5,154 $476,373 $115,983 $360,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 550783

Fresno MLS