NOT LISTED FOR SALE

1247 Letts Ave Corcoran, CA 93212

Estimated Value: $259,000 - $330,397

6 Beds
4 Baths
2,170 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $120,000 $55 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,614/month

23 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • Garage

About This Home

As of September 2016

Traditional Sale! Great investment opportunity. Two units at 1085 sf. Each is a 3 bedroom 2 bathroom unit. One garage space per tenant. Located near Corcoran high school and Burnham Smith Park.

Last Agent to Sell the Property

Marie Meza

Real Broker License #01772801 Listed on: 07/27/2016

Real Broker

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,200

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,200 Sq Ft Lot
  • Central Air

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 55.30
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1987

Interior Features

  • Bathrooms: 4.00
  • Bedrooms: 6
  • Square Footage: 2170.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1423
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6200.00
  • Price Per Acre: 843288.83

Building Info

  • Year Built: 1987

Rental Info

  • TenantPays: None

Multi Family

  • IncomeIncludes: Unit Rent
  • Total Units: 2

MLS Schools

  • School District 2: Corcoran Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Aug 22, 2016
Sold by
Arriaga Reina
Bought by
Rodriguez David
Seller's Agent
Marie Meza
Real Broker
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$120,000
Sold Price
$120,000
Current Estimated Value
$285,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,849
Avg. Annual Appreciation
9.73%
Original Mortgage
$30,000
Outstanding Balance
$23,937
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,912

Purchase Details

Listed on
Jul 27, 2016
Closed on
Aug 18, 2016
Sold by
Mro Investments Inc
Bought by
Rodriguez David
Seller's Agent
Marie Meza
Real Broker
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$23,937
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,912

Purchase Details

Listed on
Jul 27, 2016
Closed on
Jul 22, 2016
Sold by
Pena Augustine
Bought by
Mro Investments Inc
Seller's Agent
Marie Meza
Real Broker
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$23,937
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,912

Purchase Details

Closed on
Dec 15, 2004
Sold by
Cox Robert and Cox Rebecca
Bought by
Pena Augustine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2001
Sold by
Asplund Allan L and Clark John Scott
Bought by
Cox Robert and Cox Rebecca
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez David -- Placer Title Company
Rodriguez David $120,000 Placer Title Company
Mro Investments Inc $88,565 None Available
Pena Augustine $194,000 North American Title Company
Cox Robert -- First American Title Co
Gilkey D Kirk -- First American Title Co
Gilkey Matthew O -- First American Title Co
Graville Michael C -- First American Title Co
Rich James H -- First American Title Co
Clark John Scott -- First American Title Co
Asplund Allan L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez David $30,000
Closed Rodriguez David $30,000
Previous Owner Pena Augustine $135,800
Closed Pena Augustine $38,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $120,000 0.0% $55 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $120,000 -- $55 / 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 $1,446 $139,266 $34,816 $104,450
2023 $1,446 $133,860 $33,465 $100,395
2022 $1,399 $131,236 $32,809 $98,427
2021 $1,372 $128,664 $32,166 $96,498
2020 $1,355 $127,345 $31,836 $95,509
2019 $1,638 $124,848 $31,212 $93,636
2018 $1,619 $122,400 $30,600 $91,800
2017 $1,589 $120,000 $30,000 $90,000
2016 $1,735 $160,500 $35,000 $125,500
2015 $1,525 $139,129 $20,091 $119,038
2014 $1,528 $139,129 $20,091 $119,038
Source: Public Records

Agents Affiliated with this Home

  • Marie Meza

    Seller's Agent in 2016

    Marie Meza

    Real Broker

    (559) 246-4905

    232 Total Sales

    Marie Meza
    Section Image

  • N

    Buyer's Agent in 2016

    Nonmember Nonmember

    Nonmember

See All Agents

Map

Source: Fresno MLS

MLS Number: 467848

Fresno MLS

APN: 032-091-013-000

California Kings County Corcoran 93212

1247 Letts Ave, Corcoran, CA

Not Listed for Sale

MultiFamily

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