NOT LISTED FOR SALE
5 Beds
5 Baths
2,686 Sq Ft
7,500 Sq Ft Lot

Sale Details

Date Sold: February 28, 2020

Last sale price $208,900 $78 Per Sq Ft

177 Days on Market

About This Home

As of February 2020

This property is a 5 unit featuring (4) 1 bedroom 1 bath units and (1) studio unit. 100% occupied some by long term tenants. Roof on the property is newer and the seller just reduced the price $15,000 and is now showing major motivation. It is an older property and has some minor deferred maintenance but at $2875 per month in gross rents you do the math on the return. Then call me.

Last Agent to Sell the Property

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 07/23/2019

London Properties, Ltd.

Last Buyer's Agent

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 07/23/2019

London Properties, Ltd.
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • Covered Parking

Home Design

  • Wood Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,686 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

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

Community Details

  • 5 Units
  • Gross Income $34,500

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 77.77
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1915

Interior Features

  • Fireplace: None
  • Bathrooms: 5.00
  • Bedrooms: 5
  • Square Footage: 2686.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Covered

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: 0.1722
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7500.00
  • Price Per Acre: 1213124.27

Building Info

  • Year Built: 1915

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 34500.00
  • IncomeIncludes: Unit Rent
  • Total Units: 5

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

Listed on
Jul 23, 2019
Closed on
Feb 25, 2020
Sold by
Bought by
Seller's Agent
Michael Garabedian
London Properties, Ltd.
Buyer's Agent
Michael Garabedian
London Properties, Ltd.
List Price
$208,900
Sold Price
$208,900

Purchase Details

Closed on
May 1, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2017
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
$70,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 20, 2013
Sold by
Bought by
Seller's Agent
Susan Tonai
London Properties, Ltd.
Buyer's Agent
Olaf Kreutz
Real Estate Source, Inc
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2004
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
$59,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 2, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$209,000 Placer Title Company
-- Old Republic Title
$165,000 North American Title Concord
$70,000 First American Title Company
$59,000 Financial Title Company
-- --
-- Chicago Title Company
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
Previous Owner $70,000
Previous Owner $125,000
Previous Owner $126,000
Previous Owner $49,000
Previous Owner $59,000
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
02/28/2020 02/28/20 Sold $208,900 0.0% $78 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
07/23/2019 07/23/19 For Sale $208,900 +198.4% $78 / Sq Ft
02/28/2013 02/28/13 Sold $70,000 0.0% $26 / Sq Ft View Prior Sale
02/11/2013 02/11/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $70,000 -- $26 / 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
2026 $6,919 $232,578 $29,000 $203,578
2025 $6,919 $228,019 $28,432 $199,587
2023 $6,198 $219,167 $27,329 $191,838
2022 $6,056 $214,871 $26,794 $188,077
2021 $5,964 $210,659 $26,269 $184,390
2020 $6,166 $226,083 $26,010 $200,073
2019 $5,377 $168,300 $25,500 $142,800
2018 $5,319 $165,000 $25,000 $140,000
2017 $4,170 $74,270 $21,219 $53,051
2016 $4,123 $72,814 $20,803 $52,011
2015 $4,109 $71,721 $20,491 $51,230
2014 $937 $70,317 $20,090 $50,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 527312

Fresno MLS
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