NOT LISTED FOR SALE
24 Beds
12 Baths
9,000 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: June 8, 2017

Last sale price $700,000 $78 Per Sq Ft

7 Days on Market

About This Home

As of June 2017

Investors, look no more! (12) professionally managed 2 bedroom 1 bathroom units in the popular Madera rental market for under $60k/unit. Currently rented at $575/month/unit there is seemingly room to grow your income as comparable units in the area are renting between $600-$650/month. This is a stable, performing property that will make a nice addition to your portfolio.(Please note the following: Property consists of (2) parcels being sold together: 316 N B Street APN#007-083-003 & 320 N B Street APN#007-083-002. Buyer to verify building footage as tax records appear to be recorded in error).

Last Agent to Sell the Property

Bobby Ward

Strong Holdings Inc License #01350825 Listed on: 05/04/2017

Co-Listed By

Michael Garabedian

London Properties, Ltd. License #01189466

London Properties, Ltd.

Last Buyer's Agent

Michael Garabedian

London Properties, Ltd. License #01189466

London Properties, Ltd.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 0.33

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • 9,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 12 Bathrooms

Parking

  • Carport
  • Uncovered Parking

Additional Features

  • 14,567 Sq Ft Lot
  • Central Air

Community Details

  • 12 Units
  • Gross Income $82,500

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0.33 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 77.78
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1976

Interior Features

  • Fireplace: None
  • Bathrooms: 12.00
  • Bedrooms: 24
  • Square Footage: 9000.00

Exterior Features

  • Roofing: Rolled Comp
  • Exterior: Stucco, Wood
  • Foundation: Both

Garage/Parking

  • Additional Parking: Carport, Uncovered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.3344
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 14567.00
  • Price Per Acre: 2093301.44

Building Info

  • Year Built: 1976

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 82500.00
  • IncomeIncludes: Unit Rent
  • Total Units: 12

MLS Schools

  • School District 2: Madera 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
May 4, 2017
Closed on
May 30, 2017
Sold by
Bought by
Seller's Agent
Bobby Ward
Strong Holdings Inc
Buyer's Agent
Michael Garabedian
London Properties, Ltd.
List Price
$700,000
Sold Price
$700,000

Purchase Details

Closed on
Sep 22, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$700,000 First American 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
Closed $74,380
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
06/08/2017 06/08/17 Sold $700,000 0.0% $78 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $700,000 -- $78 / 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
2025 $4,709 $406,200 $23,209 $382,991
2023 $4,709 $390,428 $22,308 $368,120
2022 $4,400 $382,773 $21,871 $360,902
2021 $4,318 $375,269 $21,443 $353,826
2020 $4,397 $371,422 $21,224 $350,198
2019 $4,364 $364,140 $20,808 $343,332
2018 $4,025 $357,000 $20,400 $336,600
2017 $2,442 $213,988 $28,528 $185,460
2016 $2,382 $209,793 $27,969 $181,824
2015 $2,347 $206,642 $27,549 $179,093
2014 $2,192 $202,595 $27,010 $175,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 482020

Fresno MLS
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