NOT LISTED FOR SALE

229 W Locust Ave Fresno, CA 93650

Estimated Value: $295,000 - $355,000

3 Beds
1.5 Baths
1,480 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $200,000 $135 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,980/month

74 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • 1-Story Property
  • Kastner Intermediate School Rated A
  • Refrigerated and Evaporative Cooling System

About This Home

As of October 2019

Great Investment Property 2 homes in one lot newly remodeled. The first home features 2 bedrooms 1 full bath, new laminate flooring in family room, kitchen & nook area. Kitchen with new cabinets, granite counter top, and new gas stove, range hood and refrigerator. Dual pane windows, new fixtures, carpet flooring in both rooms. The second home is a small 2 bedroom, 1 bath approximately 504 sq. ft. Kitchen is remodeled with granite countertops and laminate flooring. Family room has laminate flooring and tile floor in the bathroom. Bedrooms are spacious, one includes a walk-in closet.

Last Agent to Sell the Property

Randy Hayer

Realty Executives of Northern California License #01251542 Listed on: 06/18/2019

Realty Executives of Northern California

Last Buyer's Agent

Randy Hayer

Realty Executives of Northern California License #01251542 Listed on: 06/18/2019

Realty Executives of Northern California

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 675 Sq Ft Lot

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 1 Carport Space

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 303-122-36

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,611

Year Built

Built in 1947 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached
  • Property Subtype 1: 2 Houses on Lot
  • Remodeled Updated: Yes
  • Year Built: 1947
  • Stories: 1
  • Remodeled/Updated Desc: Bath 0-5YR,Bed 0-5YR,Kitchen 0-5YR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Gas Oven,Free Standing Gas Range
  • Flooring: Carpet,Laminate
  • Bathroom Features: Shower Stall(s),Tile,Tub w/Shower Over,Window
  • Bathrooms: 2.00
  • Dining Room Features: Space in Kitchen
  • Kitchen Features: Granite Counter,Pantry Cabinet
  • Room Type: Baths Other
  • Price Per Square Foot: 135.14
  • Square Footage: 1480
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Fencing: Chain Link,Front Yard
  • Foundation: Slab
  • Listing Price: 229000.00
  • Pool: No
  • Property Condition: Fixer,Updated/Remodeled
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 2
  • Carport Spaces: 1
  • Parking Features: No Garage
  • Driveway/Sidewalks: Paved Sidewalk

Utilities

  • Security: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Public
  • Cooling: Evaporative Cooler
  • Heating: Wall Furnace
  • Laundry Features: Inside Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: R-1
  • Irrigation: None
  • Lot Size Acres: 0.0155
  • Lot Size Sq Ft: 675

Tax Info

  • Assessor Parcel Number: 303-122-36
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Fresno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2020
Sold by
Allen Leticia Ann and Allen Robert Eugene
Bought by
Allen Robert E and Allen Leticia A
Current Estimated Value
$318,915

Purchase Details

Listed on
Jun 18, 2019
Closed on
Sep 10, 2019
Sold by
8600 Norwalk Whittier Llc
Bought by
Allen Leticia Ann and Allen Robert Eugene
Seller's Agent
Randy Hayer
Realty Executives of Northern California
Buyer's Agent
Randy Hayer
Realty Executives of Northern California
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$161,500
Outstanding Balance
$141,794
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$169,334

Purchase Details

Closed on
Apr 3, 2019
Sold by
Morgan Stanley Abs Capital I Inc Trust
Bought by
8600 Norwalk Whitter Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2019
Sold by
Cruz Sergio L and Cruz Lydia
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust

Purchase Details

Closed on
Jan 30, 2006
Sold by
Cruz Sergio and Cruz Lydia
Bought by
Cruz Sergio L and Cruz Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 1996
Sold by
Rios Joseph and Rios Susan
Bought by
Cruz Sergio and Cruz Lydia
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
Allen Robert E -- None Available
Allen Leticia Ann $200,000 Servicelink
8600 Norwalk Whitter Llc $128,500 Servicelink
Deutsche Bank National Trust Co $134,621 Accommodation
Cruz Sergio L -- Stewart Title
Cruz Sergio $10,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Leticia Ann $161,500
Previous Owner 8600 Norwalk Whitter Llc $102,000
Previous Owner Cruz Sergio L $161,250
Previous Owner Cruz Sergio $89,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $200,000 -12.7% $135 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $229,000 -- $155 / Sq Ft
Source: MetroList

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 $2,611 $218,725 $60,148 $158,577
2023 $2,562 $210,233 $57,813 $152,420
2022 $2,527 $206,112 $56,680 $149,432
2021 $2,457 $202,071 $55,569 $146,502
2020 $2,447 $200,000 $55,000 $145,000
2019 $705 $56,418 $29,771 $26,647
2018 $1,708 $55,313 $29,188 $26,125
2017 $1,080 $54,229 $28,616 $25,613
2016 $657 $53,166 $28,055 $25,111
2015 $647 $52,368 $27,634 $24,734
2014 $961 $51,343 $27,093 $24,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19038319

MetroList

APN: 303-122-36