NOT LISTED FOR SALE

1915 E Simpson Ave Fresno, CA 93703

McLane Neighborhood
4 Beds
4 Baths
2,538 Sq Ft
8,585 Sq Ft Lot

Sale Details

Date Sold: July 16, 2019

Last sale price $280,000 $110 Per Sq Ft

146 Days on Market

Highlights

  • Garage
  • Wood Siding
  • Heating Available

About This Home

As of July 2019

7.9% CAP!! Here's Your opportunity to own 1 of 3, 4 unit complexes (1927 E. Simpson Ave & 2026 E. Hunter Ave) conveniently location in central Fresno off Freeway 41, central bus stop, and walking distance to newly remodeled Manchester Center. Each building consists of 4 identical in size 1bed, 1bath units with 1 car garage. One unit is downstairs while other 3 upstairs. Three of four units have front and back balconies. Rents are very low and in need of adjustment. This turn key investment property won't last long so call an agent today.

Last Agent to Sell the Property

Paul Gestic

Fresno Income Properties License #01376488 Listed on: 01/30/2019

Last Buyer's Agent

Roy Cordova

Fresno Income Properties License #01944933

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,585 Sq Ft Lot
  • Front and Back Yard Sprinklers

Home Design

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

Interior Spaces

  • 2,538 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • 4 Units
  • Gross Income $35,400

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

8,585 Sq Ft Lot

Listing Details

  • Type: Multi Family
  • Property Sub Type: Quadruplex
  • Price Per Square Foot: 110.32
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1952

Interior Features

  • Dishwasher: None
  • Disposal: None
  • Fireplace: None
  • Refrigerator: More than One Unit
  • Stove: All units
  • Bathrooms: 4.00
  • Bedrooms: 4
  • Square Footage: 2538.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Back, Sprinkler - Auto, Mature Landcsape
  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Garage, Uncovered, One Space per Unit

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Floor or Wall Heat, Window or Wall A/C

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1971
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8585.00
  • Price Per Acre: 1420598.68

Building Info

  • Year Built: 1952

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 35400.00
  • IncomeIncludes: Unit Rent, Month to Month, Lease, Both
  • Total Units: 4

MLS Schools

  • School District: Fresno Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,251,000
Interest Rate
0.031%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 30, 2019
Closed on
Jul 16, 2019
Sold by
Bought by
Seller's Agent
Paul Gestic
Fresno Income Properties
Buyer's Agent
Roy Cordova
Fresno Income Properties
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
0.041%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
0.039%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 22, 2011
Sold by
Bought by

Purchase Details

Closed on
May 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
0.0137%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
0.0137%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
0.0137%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 23, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
0.0537%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 1997
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 1996
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Westcor Land Title Insurance
$280,000 --
$185,000 Placer Title Company
$163,000 Stewart Title Of California
$400,000 Fidelity National Title Co
$316,000 Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity National Title Co
-- --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $2,251,000
Closed $295,000
Closed $129,500
Closed $328,000
Closed $41,000
Closed $237,000
Closed $1,100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2019 07/16/19 Sold $280,000 0.0% $110 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
01/30/2019 01/30/19 For Sale $280,000 +51.4% $110 / Sq Ft
09/29/2015 09/29/15 Sold $185,000 0.0% $73 / Sq Ft View Prior Sale
07/17/2015 07/17/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $185,000 -- $73 / Sq Ft
Source: Fresno MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,022 $306,215 $43,743 $262,472
2023 $3,870 $294,327 $42,046 $252,281
2022 $3,745 $288,557 $41,222 $247,335
2021 $3,643 $282,900 $40,414 $242,486
2020 $3,628 $280,000 $40,000 $240,000
2019 $2,514 $196,323 $42,448 $153,875
2018 $2,461 $192,474 $41,616 $150,858
2017 $2,567 $188,700 $40,800 $147,900
2016 $2,192 $172,947 $37,135 $135,812
2015 $2,160 $170,350 $36,578 $133,772
2014 $2,027 $160,000 $35,000 $125,000
Source: Public Records

Agents Affiliated with this Home

  • Paul Gestic

    Seller's Agent in 2019

    Paul Gestic

    Fresno Income Properties

    (559) 438-9425

    12 in this area

    131 Total Sales

    Paul Gestic
    Section Image
  • Roy Cordova

    Buyer's Agent in 2019

    Roy Cordova

    Fresno Income Properties

    (559) 317-4380

    6 in this area

    67 Total Sales

    Roy Cordova
    Section Image
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Map

Source: Fresno MLS

MLS Number: 517031

Fresno MLS
California Fresno County Fresno 93703 McLane

1915 E Simpson Ave, Fresno, CA

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.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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