NOT LISTED FOR SALE
12 Beds
6 Baths
4,320 Sq Ft
0.27 Acres Lot

Sale Details

Date Sold: September 21, 2020

Last sale price $540,000 $125 Per Sq Ft

66 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 4-minute walk to Madera County Courthouse Park
  • Central Air

About This Home

As of September 2020

6 units in a good rental area. Property held in Living Trust. All 2 bedrooms 1 bath units. 4 units get $775.00 rent, 1 unit $795 rent and one $550.00 rent The tenant that pays $550.00 rent is related to a trustee. Annual expenses as follows, common area PGE $504.00, Water/Trash/Sewer $4,500.00, landscape services $$1,600.00, pest Control $660.00, property insurance $1,212.00, property taxes $6,000.00. Buyer to adjust property taxes depending on purchase price. Needs TLC. Carpets and linoleum were replaced in some units. Laundry machines in the laundry room do not work.Units still have original counter tops and cabinets in bathrooms and kitchens. Some appliances have been replaced. Drive by only and submit offers subject to inspections. Seller will not do any repairs or give any concessions.Seller self manages the complex. No vacancy factor or management expenses included in the financial information. If important to buyer, buyer, or buyer's agent to account for those expenses. Seller wants a quick escrow. Buyer to verify information. Submit all offers.

Last Agent to Sell the Property

Ubaldo 'Max' Garza

Anderson Walker Real Estate License #01756832 Listed on: 06/20/2020

Co-Listed By

Junus Perry

Premium Commercial Group License #01152501

Last Buyer's Agent

Mary Ellen Koop

Century 21 Select Real Estate License #01165696

Century 21 Select Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 11,761 Sq Ft Lot
  • Corner Lot
  • Front Yard Sprinklers

Home Design

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

Interior Spaces

  • 4,320 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • Carport
  • Uncovered Parking

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Gross Income $53,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0.27 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 125.00
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 6.00
  • Bedrooms: 12
  • Facilities: Utility Room
  • Square Footage: 4320.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Carport, Uncovered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.2700
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11761.00
  • Price Per Acre: 2000000.00

Building Info

  • Year Built: 1989

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 53340.00
  • IncomeIncludes: Unit Rent, Month to Month, Lease
  • Total Units: 6

MLS Schools

  • School District: Madera Unified
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $540,000 0.0% $125 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $540,000 -- $125 / Sq Ft
Source: Fresno MLS

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 $6,755 $586,926 $97,418 $489,508
2023 $6,804 $563,716 $93,636 $470,080
2022 $6,358 $550,800 $91,800 $459,000
2021 $6,243 $542,460 $90,000 $452,460
2020 $3,382 $283,996 $56,204 $227,792
2019 $3,363 $278,926 $55,102 $223,824
2018 $3,108 $273,914 $54,022 $219,892
2017 $3,078 $269,098 $52,963 $216,135
2016 $3,008 $264,426 $51,925 $212,501
2015 $2,956 $260,257 $51,146 $209,111
2014 $2,762 $255,248 $50,145 $205,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 543521

Fresno MLS
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