NOT LISTED FOR SALE

Estimated Value: $101,000 - $838,231

-- Bed
1 Bath
84,071 Sq Ft
$6/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $766,799 $9 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $2,816/month

36 Days on Market

About This Home

As of June 2023

SHOVEL-READY multifamily land!Introducing a an exceptional 1.93-acre parce of land in central Fresno. Shovel-ready for 12 duplexes (24 units). All 12 units are high demand 3-bed/2-bath floorplans, each with their own private attached garage.This project benefits from over ~$189,000 in waived infill fees by the City and APPROVED WORKING DRAWINGS, streamlining your development process. If you are in a 1031 and aren't satisfied with the pricing on the more 'stabilized' assets on the market, then this might be the deal for you. It is a fantastic opportunity to break into the development world while hedging the risk of going through all the red tape.Nestled in a central Fresno location, the site offers close proximity to amenities and excellent transport links. Seize this unique opportunity in Fresno's robust rental market. Contact us today for more details.

Last Agent to Sell the Property

Dillon Myers

Gentile Real Estate License #02076149 Listed on: 05/08/2023

Co-Listed By

Nico Gentile

Gentile Real Estate License #01974513

Last Buyer's Agent

Dillon Myers

Gentile Real Estate License #02076149 Listed on: 05/08/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,155

Year Built

  • 1940

Lot Details

  • 1.93 Acre Lot
  • Level Lot

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,155

Year Built

1940

Lot Details

0

Listing Details

  • Type: Lots
  • Property Sub Type: Apartment
  • Property Sub Type 2: Commercial
  • Improvements: None
  • Accessibility: City Streets
  • Special Features: None
  • Year Built: 1940

Utilities

  • Gas And Electric: Public Utilities, None
  • Sewer/Water: Public Water, Public Sewer, None

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 1.9300
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 84071.00
  • Price Per Acre: 397305.18
  • Potential Use: Multi Family, Condo/PUD
  • Land Description: Level

MLS Schools

  • School District 2: Fresno Unified
  • School Type: High School
  • School Name: Roosevelt
  • School Type: Junior High School
  • School Name: Sequoia
  • School Type: Grade School
  • School Name: Balderas
  • Schools Comment: Buyer to verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jun 22, 2023
Sold by
Maple Luxury Living Llc
Bought by
B Street Kris Llc and B Street Tracey Llc
Seller's Agent
Dillon Myers
Gentile Real Estate
Buyer's Agent
Dillon Myers
Gentile Real Estate
List Price
$1,390,000
Sold Price
$766,799
Premium/Discount to List
-$623,201
-44.83%
Total Days on Market
36
Views
64
Current Estimated Value
$469,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$297,183
Avg. Annual Appreciation
-22.43%

Purchase Details

Closed on
Feb 24, 2020
Sold by
Kim Sang P and Kim Jung Ja
Bought by
Maple Luxury Living Llc

Purchase Details

Closed on
Apr 3, 2017
Sold by
Kim Sang P and Kim Jung J
Bought by
Kim Sang P and Kim Jung Ja

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 13, 2014
Sold by
Nguyen Ly and Nguyen Khanh
Bought by
Kim Sang P and Kim Jung J
Seller's Agent
Mark Pretzer
Realty Concepts, Ltd. - Fresno
Buyer's Agent
Linda Mahaffey
Clovis 1st Real Estate Servic
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%

Purchase Details

Listed on
Jan 4, 2013
Closed on
Feb 8, 2013
Sold by
Sihachack Phouvin
Bought by
Nguyen Ken
Seller's Agent
James Phillips
Cuttone Real Estate Group
Buyer's Agent
Sue Pieters
M.C. Real Estate Corp
List Price
$89,000
Sold Price
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.67%

Purchase Details

Listed on
Jan 4, 2013
Closed on
Jan 31, 2013
Sold by
Wells Fargo Bank National Association
Bought by
Nguyen Ly and Nguyen Ken
Seller's Agent
James Phillips
Cuttone Real Estate Group
Buyer's Agent
Sue Pieters
M.C. Real Estate Corp
List Price
$89,000
Sold Price
$89,000

Purchase Details

Closed on
Mar 5, 2012
Sold by
Benitez Andrew and Benitez Mary
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Mar 29, 2005
Sold by
Benitez Andrew
Bought by
Benitez Andrew and Benitez Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 16, 2003
Sold by
Benitez Mary Helen
Bought by
Benitez Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 2000
Sold by
Pabst Sylvia M
Bought by
Estrada Luis and Estrada Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
8.15%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
B Street Kris Llc $767,000 Chicago Title
Maple Luxury Living Llc $160,000 Chicago Title Company
Kim Sang P -- None Available
Kim Sang P $110,000 First American Title Company
Nguyen Ken -- Stewart Title Of Ca Inc
Nguyen Ly -- Stewart Title Of Ca Inc
Nguyen Ly $89,000 Stewart Title Of Ca Inc
Wells Fargo Bank National Association $224,337 Landsafe Title
Benitez Andrew -- Fidelity National Title Co
Benitez Andrew -- Fidelity National Title Co
Benitez Andrew $90,000 Fidelity National Title Co
Estrada Luis $90,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maple Luxury Living Llc $160,000
Previous Owner Benitez Andrew $10,000
Previous Owner Benitez Andrew $15,000
Previous Owner Benitez Andrew $160,000
Previous Owner Benitez Andrew $156,000
Previous Owner Benitez Andrew $80,000
Previous Owner Estrada Luis $79,900
Closed Estrada Luis $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $766,799 -30.2% $9 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $1,099,000 -20.9% $13 / Sq Ft
05/25/2023 05/25/23 For Sale $1,390,000 +81.3% $17 / Sq Ft
05/16/2023 05/16/23 Off Market $766,799 -- --
05/08/2023 05/08/23 For Sale $1,390,000 +1163.6% $17 / Sq Ft
03/28/2014 03/28/14 Sold $110,000 0.0% $70 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $110,000 +23.6% $70 / Sq Ft
02/25/2013 02/25/13 Sold $89,000 0.0% $57 / Sq Ft
01/21/2013 01/21/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $89,000 -- $57 / 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
2023 $2,155 $168,187 $168,187 $0
2022 $2,126 $164,890 $164,890 $0
2021 $2,068 $161,657 $161,657 $0
2020 $1,646 $117,691 $117,691 $0
2019 $1,588 $115,384 $115,384 $0
2018 $1,556 $113,122 $113,122 $0
2017 $1,532 $110,904 $110,904 $0
2016 $1,486 $108,730 $108,730 $0
2015 $1,406 $112,196 $107,097 $5,099
2014 $1,124 $89,403 $25,113 $64,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 594133

Fresno MLS

APN: 471-302-28