NOT LISTED FOR SALE

311 Cherry Ln Clovis, CA 93612

Estimated Value: $453,692 - $534,000

5 Beds
3 Baths
1,948 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $397,500 $204 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,059/month

19 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • Wood Siding
  • Clark Intermediate School Rated A

About This Home

As of November 2020

Located in the heart of Old Town Clovis, this hard to find property features 2 homes on one lot. The charming front home has 4 bedrooms, 2 baths, updated flooring throughout, dual pane windows, new granite counters, new paint throughout interior and exterior including new stucco. Keep cool with ceiling fans throughout the home. The home in the back is a cottage built in 2018 and is currently tenant occupied. It features 1 bed, 1 bath, granite countertops, new flooring, indoor laundry, and a separate private entrance. Don't miss your opportunity to own a home of your own with an income producing property in a premier location in Old Town Clovis.

Last Agent to Sell the Property

Danny Grubb

Real Broker License #01883554 Listed on: 09/30/2020

Last Buyer's Agent

Danny Grubb

Real Broker License #01883554 Listed on: 09/30/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,545 Sq Ft Lot
  • Front and Back Yard Sprinklers

Parking

  • Uncovered Parking

Home Design

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

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, water, sewer, cable TV

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 204.06
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Fireplace: None
  • Bathrooms: 3.00
  • Bedrooms: 5
  • Square Footage: 1948.00

Exterior Features

  • Yard: Sprinkler - Front, Sprinkler - Back, Sprinkler - Auto
  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Uncovered

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool, Window or Wall A/C

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1503
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6545.00
  • Price Per Acre: 2644710.58

Building Info

  • Year Built: 1955

Rental Info

  • TenantPays: All Utilities, Electricity, Gas, Water, Sewer, Cable TV

Multi Family

  • Annual Income: 36000.00
  • IncomeIncludes: Unit Rent, Lease
  • Total Units: 2

MLS Schools

  • School District: Clovis Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 12, 2020
Sold by
Heneweer Gordon O and The Gordon O Heneweer Revocabl
Bought by
Gch Properties Llc
Seller's Agent
Danny Grubb
Real Broker
Buyer's Agent
Danny Grubb
Real Broker
List Price
$397,500
Sold Price
$397,500
Current Estimated Value
$502,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,423
Avg. Annual Appreciation
4.72%
Original Mortgage
$278,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 3, 2020
Sold by
Woody Timothy L and Todd Debra D
Bought by
Heneweer Gordon O and The Gordon O Heneweer Revocabl
Seller's Agent
Danny Grubb
Real Broker
Buyer's Agent
Danny Grubb
Real Broker
List Price
$397,500
Sold Price
$397,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2017
Sold by
Todd Debra D and Woody Timothy L
Bought by
Woody Timothy L and Todd Debra D

Purchase Details

Listed on
Mar 4, 2014
Closed on
Mar 24, 2014
Sold by
Ramos Richard
Bought by
Todd Debra D and Woody Timothy L
Seller's Agent
Rosario Nunes
Realty Concepts, Ltd. - Fresno
Buyer's Agent
Danny Grubb
Real Broker
List Price
$151,000
Sold Price
$151,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%

Purchase Details

Closed on
Jul 17, 2012
Sold by
Department Of Veterans Affairs Of The St
Bought by
Melgoza James and Melgoza Jenny
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gch Properties Llc -- None Available
Heneweer Gordon O $397,500 Old Republic Title Company
Woody Timothy L -- None Available
Todd Debra D $151,000 First American Title Company
Melgoza James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heneweer Gordon O $278,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $397,500 0.0% $204 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $397,500 +163.2% $204 / Sq Ft
03/31/2014 03/31/14 Sold $151,000 0.0% $105 / Sq Ft View Prior Sale
03/12/2014 03/12/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $151,000 -- $105 / 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 $5,085 $430,265 $70,357 $359,908
2023 $4,893 $413,559 $67,626 $345,933
2022 $4,828 $405,450 $66,300 $339,150
2021 $4,692 $397,500 $65,000 $332,500
2020 $2,569 $215,150 $50,774 $164,376
2019 $2,519 $165,932 $49,779 $116,153
2018 $1,945 $162,679 $48,803 $113,876
2017 $1,912 $159,491 $47,847 $111,644
2016 $1,848 $156,364 $46,909 $109,455
2015 $1,820 $154,016 $46,205 $107,811
2014 $493 $39,905 $12,036 $27,869
Source: Public Records

Agents Affiliated with this Home

  • Danny Grubb

    Seller's Agent in 2020

    Danny Grubb

    Real Broker

    (559) 970-0338

    63 in this area

    287 Total Sales

    Danny Grubb
    Section Image

  • R

    Seller's Agent in 2014

    Rosario Nunes

    Realty Concepts, Ltd. - Fresno

See All Agents

Map

Source: Fresno MLS

MLS Number: 548989

Fresno MLS

APN: 492-152-13

California Fresno County Clovis 93612

311 Cherry Ln, Clovis, CA

Not Listed for Sale

MultiFamily

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