NOT LISTED FOR SALE

2940 E Huntington Blvd Fresno, CA 93721

Huntington Neighborhood

Estimated Value: $182,000 - $4,947,000

80 Beds
80 Baths
42,368 Sq Ft
$33/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $3,294,615 $78 Per Sq Ft

Current estimated payment $7,421/month

28 Days on Market

Highlights

  • 2.76 Acre Lot
  • Central Air
  • 2-minute walk to Holmes Park
  • 1-Story Property
  • Wood Siding

About This Home

As of September 2017

This complex has upsides in rent and a value added opportunity to sell individual units off as condos. This fully gated 48 unit condominium complex is comprised of 32 - 2 bedroom / 2 bath and 16 - 1 bedroom/ 1 bath units. There are 24 separate buildings surrounding a central courtyard and sparkling pool. The complex has a mansard roofs with shingles and wood siding. The complex has four common area laundry facilities. There are 48 covered parking stalls and 20 open parking spaces with additional street parking available.

Last Agent to Sell the Property

John Suzuki

James Hendricks & Assoc. Inc License #01330264 Listed on: 07/03/2017

Co-Listed By

Michael Hays

James Hendricks & Assoc. Inc License #01459434

Last Buyer's Agent

Michael Hays

James Hendricks & Assoc. Inc License #01459434

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1968

Lot Details

  • 2.76 Acre Lot
  • Sprinkler System

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 42,368 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 80 Bedrooms
  • 80 Bathrooms

Parking

  • Carport
  • Uncovered Parking

Utilities

  • Central Air

Community Details

  • 48 Units
  • Gross Income $436,800

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,183

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 77.76
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1968

Interior Features

  • Fireplace: None
  • Stove: All units
  • Bathrooms: 80.00
  • Bedrooms: 80
  • Facilities: Pool
  • Square Footage: 42368.00

Exterior Features

  • Yard: Sprinkler - Auto, Mature Landcsape
  • Roofing: Other
  • Exterior: Stucco, Wood, Shingle
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, Uncovered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 2.7600
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 120226.00
  • Price Per Acre: 1193701.09

Building Info

  • Year Built: 1968

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 436800.00
  • IncomeIncludes: Unit Rent, Laundry
  • Total Units: 48

MLS Schools

  • School District: Fresno Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2017
Closed on
Sep 19, 2017
Sold by
Steele Steele Jo A Jo A and Steele Carroll
Bought by
Meganova Lp
Seller's Agent
John Suzuki
James Hendricks & Assoc. Inc
Buyer's Agent
Michael Hays
James Hendricks & Assoc. Inc
List Price
$3,294,615
Sold Price
$3,294,615
Current Estimated Value
$1,381,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,913,568
Avg. Annual Appreciation
-8.00%
Original Mortgage
$2,470,000
Outstanding Balance
$2,076,830
Interest Rate
3.89%
Mortgage Type
Construction
Estimated Equity
-$386,899

Purchase Details

Closed on
Apr 25, 2011
Sold by
Marshall John Russell and Marshall John R
Bought by
Marshall John Russell

Purchase Details

Closed on
Oct 3, 2006
Sold by
Steele Carroll D
Bought by
Steele Carroll D and Steele Jo A

Purchase Details

Closed on
Feb 24, 2005
Sold by
Fink Jerome A and Timothy Byrne D
Bought by
Steele Carroll D and Steele Jo A

Purchase Details

Closed on
Feb 23, 2005
Sold by
Fink Erica C
Bought by
Fink Jerome A

Purchase Details

Closed on
Feb 22, 2005
Sold by
Steele Jo A
Bought by
Steele Carrol D

Purchase Details

Closed on
Feb 3, 2005
Sold by
Harrigan Loren
Bought by
Harrigan William H

Purchase Details

Closed on
Oct 25, 2002
Sold by
Coast Investment Fund
Bought by
17092 Street Llc and Cochran Sachiko T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,730,000
Interest Rate
6.12%
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
Meganova Lp $3,295,000 Fidelity National Title Fres
Marshall John Russell -- None Available
Steele Carroll D -- None Available
Steele Carroll D -- First American Title Ins Co
Fink Jerome A -- First American Title Ins Co
Fink Jerome A -- First American Title Ins Co
Andrews Lawrence J -- First American Title Ins Co
Steele Carrol D -- First American Title Ins Co
Harrigan William H -- First American Title Ins Co
17092 Street Llc $1,300,000 Fidelity National Title Co
Coast Investment Fund -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meganova Lp $2,470,000
Previous Owner 17092 Street Llc $1,730,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $3,294,615 0.0% $78 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $3,294,615 -- $78 / 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 $1,183 $92,970 $20,478 $72,492
2023 $1,163 $89,730 $19,684 $70,046
2022 $1,150 $88,158 $19,299 $68,859
2021 $1,121 $86,616 $18,921 $67,695
2020 $1,036 $79,460 $10,000 $69,460
2019 $954 $74,460 $9,500 $64,960
2018 $1,057 $82,860 $18,000 $64,860
2017 $829 $64,460 $8,500 $55,960
2016 $807 $63,600 $8,500 $55,100
2015 $774 $60,900 $8,500 $52,400
2014 $760 $59,800 $8,000 $51,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 485633

Fresno MLS

APN: 468-440-01