NOT LISTED FOR SALE

2043 E Clay Ave Fresno, CA 93701

Jefferson Neighborhood

Estimated Value: $333,574 - $435,000

6 Beds
3 Baths
1,936 Sq Ft
$187/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $145,500 $75 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $2,095/month

75 Days on Market

Highlights

  • Heated Floors
  • 1-Story Property
  • Garage
  • Fenced Yard
  • Central Air
  • Wood Siding

About This Home

As of August 2016

Two house for the price of one. Great investment opportunity generates $19,200 annually of income.House #1 (2041 E Clay) Built in 2002 with over 1,200sft and 4bed/2bath generates $900 in rental income. House #2 (2043 E Clay) built in 1923, 668sqft 2bed/1bath generating $700 in rental income. All long term tenants and room for rent increase. Please do not walk the grounds or disturb the tenants. Make an offer subject to walk through inspection.

Last Agent to Sell the Property

Paul Gestic

Fresno Income Properties License #01376488 Listed on: 04/22/2016

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,146

Year Built

  • Built in 2002

Lot Details

  • 7,560 Sq Ft Lot
  • Fenced Yard

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • Heated Floors
  • Second Stove

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air
  • Refrigerated and Evaporative Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,146

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 75.15
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 3.00
  • Bedrooms: 6
  • Square Footage: 1936.00

Exterior Features

  • Yard: Fenced
  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Both

Garage/Parking

  • Additional Parking: Garage

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Central Heat/Cool, Evaporative, Floor or Wall Heat

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1736
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7560.00
  • Price Per Acre: 838133.64

Building Info

  • Year Built: 2002

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 19200.00
  • IncomeIncludes: Unit Rent, Month to Month, Lease
  • Total Units: 2

MLS Schools

  • School District 2: Fresno Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Aug 1, 2016
Sold by
Hughes Timothy M and Mueller Simone R
Bought by
Valencia Esmeralda
Seller's Agent
Paul Gestic
Fresno Income Properties
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$145,500
Sold Price
$145,500
Current Estimated Value
$361,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,894
Avg. Annual Appreciation
10.63%
Original Mortgage
$109,125
Outstanding Balance
$87,774
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$276,597

Purchase Details

Closed on
Mar 19, 2003
Sold by
Saiz Claude W and Saiz Irene Z
Bought by
Hughes Timothy M and Hughes Simone R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 23, 2001
Sold by
Joyce Terzian
Bought by
Saiz Claude W and Saiz Irene Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 1994
Sold by
Specialized Inc
Bought by
Terzian Joyce
Source: Public Records

Range of Values:

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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
Valencia Esmeralda $145,500 First American Title Company
Hughes Timothy M $275,000 Chicago Title Company
Saiz Claude W $13,000 Chicago Title Co
Terzian Joyce $27,860 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Esmeralda $109,125
Previous Owner Hughes Timothy M $186,000
Previous Owner Saiz Claude W $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $145,500 0.0% $75 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $145,500 -- $75 / 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 $2,146 $168,859 $34,815 $134,044
2023 $2,146 $162,304 $33,464 $128,840
2022 $2,077 $159,122 $32,808 $126,314
2021 $2,021 $156,003 $32,165 $123,838
2020 $2,012 $154,405 $31,836 $122,569
2019 $1,936 $151,378 $31,212 $120,166
2018 $1,895 $148,410 $30,600 $117,810
2017 $2,209 $174,114 $32,232 $141,882
2016 $2,136 $170,700 $31,600 $139,100
2015 $1,929 $153,900 $28,500 $125,400
2014 $1,809 $144,200 $26,700 $117,500
Source: Public Records

Agents Affiliated with this Home

  • Paul Gestic

    Seller's Agent in 2016

    Paul Gestic

    Fresno Income Properties

    (559) 438-9425

    7 in this area

    142 Total Sales

    Paul Gestic
    Section Image

  • N

    Buyer's Agent in 2016

    Nonmember Nonmember

    Nonmember

See All Agents

Map

Source: Fresno MLS

MLS Number: 462467

Fresno MLS

APN: 452-063-07

California Fresno County Fresno 93701 Jefferson

2043 E Clay Ave, Fresno, CA

This home is located at 2043 E Clay Ave, Fresno, CA 93701 since 22 April 2016 and is currently estimated at $361,394, approximately $186 per square foot. This property was built in 2002. 2043 E Clay Ave is a home located in Fresno County with nearby schools including Susan B. Anthony Elementary School, Tehipite Middle School, and Roosevelt 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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