NOT LISTED FOR SALE

1806 Leonard Ave Clovis, CA 93619

Estimated Value: $856,000 - $1,122,000

2.58 Acres
$362,399 Price per Acre
112,202 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $800,000 $7 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,822/month

1,471 Days on Market

About This Lot

As of October 2021

This 2.57 +/- acre parcel is zoned PCC (Planned Commercial Center) in the Loma Vista Master Plan and already annexed into the City of Clovis. The subject property is 1 of the 3 parcels that I have listed (9.33 acres total for sale) designated for commercial at this location. Located in close proximity to Clovis East High School and in Loma Vista Community North, an established yet still highly surging area with more planned growth. The Shaw Ave 6 lane expansion will begin by the end of 2021, also the underpass pedestrian passage as well. Any day now they are going to break ground on a 15+ acre retail center on the SW Corner of Shaw and Leonard. Next to the retail center will be a community park. The NW Corner of Shaw and Leonard sold in August of 2017 and the developer built an ARCO AM/PM and a Starbucks. The ARCO AM/PM sold in November of 2020 for $7.1M. Residential home builders that are in the immediate area include Lennar Homes, Woodside Homes, Leo Wilson, and Bonadelle. There is also a 295 Unit Leo Wilson Apartment Complex Approved (North of Gettysburg South of Shaw) and a 70 Unit Apartment Complex Approved (Shaw and De Wolf Ave).As of November 1,2019, there are 2,790 roof tops in a 1 Mile Radius, and 10,411 roof tops within a 2 Mile Radius.

Last Agent to Sell the Property

Aram Melikian

Real Broker License #01891038 Listed on: 09/25/2017

Real Broker

Last Buyer's Agent

Aram Melikian

Real Broker License #01891038 Listed on: 09/25/2017

Real Broker

Property Details

Property Type

  • Land

Lot Details

  • 2.58 Acre Lot

Utilities

  • Propane
  • Septic Tank

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Lots
  • Property Sub Type: Retail
  • Property Sub Type 2: Commercial
  • Improvements: None
  • Special Features: None

Utilities

  • Gas And Electric: Propane
  • Sewer/Water: Septic Tank

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 2.5758
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 112200.00
  • Price Per Acre: 310583.12
  • Potential Use: Commercial, Retail
  • Land Description: 1 - 5 Acres

MLS Schools

  • School District 2: Clovis Unified
  • School Type: High School
  • School Name: Clovis East
  • School Type: Junior High School
  • School Name: Reyburn
  • School Type: Grade School
  • School Name: Reagan
  • Schools Comment: Buyer to verify schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Oct 15, 2021
Sold by
Mae Nelson Eileen
Bought by
Eileen M Nelson Reeve Trust
Seller's Agent
Aram Melikian
Real Broker
Buyer's Agent
Aram Melikian
Real Broker
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%
Current Estimated Value
$949,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,365
Avg. Annual Appreciation
3.74%
Original Mortgage
$400,000
Outstanding Balance
$364,763
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$568,705

Purchase Details

Listed on
Sep 25, 2017
Closed on
Oct 11, 2021
Sold by
Mahuron Beverly and Eileen M Nelson Reeve Trust
Bought by
Dave Virk Llc
Seller's Agent
Aram Melikian
Real Broker
Buyer's Agent
Aram Melikian
Real Broker
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$364,763
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$568,705

Purchase Details

Closed on
Dec 12, 2000
Sold by
Nelson Eileen M and Nelson Eileen M
Bought by
Reeve Eileen M Nelson
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
Eileen M Nelson Reeve Trust -- --
Dave Virk Llc $800,000 Fidelity National Title Co
Eileen M Nelson Reeve Trust -- --
Reeve Eileen M Nelson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dave Virk Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $800,000 -20.0% $7 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $1,000,000 0.0% $9 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
09/25/2017 09/25/17 For Sale $1,000,000 -- $9 / 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 $10,180 $848,965 $636,724 $212,241
2023 $9,970 $816,000 $612,000 $204,000
2022 $9,576 $800,000 $600,000 $200,000
2021 $2,377 $193,799 $31,768 $162,031
2020 $2,365 $191,813 $31,443 $160,370
2019 $2,319 $188,053 $30,827 $157,226
2018 $2,185 $184,367 $30,223 $154,144
2017 $2,145 $180,753 $29,631 $151,122
2016 $2,271 $177,209 $29,050 $148,159
Source: Public Records

Agents Affiliated with this Home

  • Aram Melikian

    Seller's Agent in 2021

    Aram Melikian

    Real Broker

    (559) 281-4174

    91 Total Sales

    Aram Melikian
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Map

Source: Fresno MLS

MLS Number: 490641

Fresno MLS

APN: 554-053-22S

California Fresno County Clovis 93619

1806 Leonard Ave, Clovis, CA

Not Listed for Sale

Lots

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