$7,100,000
SOLD MAY 19, 2025

320 Brooks Ct Lemoore, CA 93245

2 Beds
1 Bath
2,250 Sq Ft
6,695 Sq Ft Lot

Recently Sold

$3,156 Per Sq Ft

18% Below List Price

30 Days on Market

Highlights

  • Heated Floors
  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of May 2025

72 units consisting of 24 individual triplex units, each on separate lots, 2 bedrooms and 3 bedroom units. Low maintenance, long terms tenants. Close to schools, great upside potentials. priced to sell!

Last Agent to Sell the Property

Teymour Farhang

Berkshire Hathaway HomeService License #00625663 Listed on: 03/18/2025

Berkshire Hathaway HomeService

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1961

Lot Details

  • 6,695 Sq Ft Lot

Parking

  • Carport

Home Design

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

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Heating and Cooling System
  • Refrigerated and Evaporative Cooling System

Community Details

  • 72 Units
  • Gross Income $599,100

Listing and Financial Details

  • Tenant pays for electricity, gas, water, sewer, trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,150

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Triplex
  • Price Per Square Foot: 3155.56
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1961

Interior Features

  • Dishwasher: None
  • Fireplace: None
  • Refrigerator: None
  • Stove: All units
  • Bathrooms: 1.00
  • Bedrooms: 2
  • Square Footage: 2250.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool, Central Heat, Evaporative, Floor or Wall Heat

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1537
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6695.00
  • Price Per Acre: 46193884.19

Building Info

  • Year Built: 1961

Rental Info

  • TenantPays: Electricity, Gas, Water, Sewer, Trash Collection

Multi Family

  • Annual Income: 599100.00
  • IncomeIncludes: Unit Rent
  • Total Units: 72

MLS Schools

  • School District 2: Lemoore Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
May 7, 2025
Sold by
Raemle Llc
Bought by
Rayani Empire 1 Corp
Seller's Agent
Teymour Farhang
Berkshire Hathaway HomeService
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$8,650,000
Sold Price
$7,100,000
Premium/Discount to List
-$1,550,000
-17.92%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-75.80%
Original Mortgage
$5,850,000
Outstanding Balance
$5,844,854
Interest Rate
6.64%
Mortgage Type
Seller Take Back
Estimated Equity
-$345,187

Purchase Details

Closed on
Oct 19, 2018
Sold by
Affordable Homes Inc
Bought by
Raemle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $6,800,000 Chicago Title Company
Warranty Deed $190,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,850,000 Seller Take Back
Previous Owner $157,000 New Conventional
Previous Owner $45,895 FHA
Previous Owner $48,424 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $7,100,000 -17.9% $3,156 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $8,650,000 -- $3,844 / 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 $2,150 $211,945 $78,085 $133,860
2023 $2,150 $203,716 $75,053 $128,663
2022 $2,256 $199,723 $73,582 $126,141
2021 $2,200 $195,808 $72,140 $123,668
2020 $2,188 $193,800 $71,400 $122,400
2019 $2,171 $190,000 $70,000 $120,000
2018 $0 $62,648 $13,690 $48,958
2017 $0 $61,420 $13,422 $47,998
2016 $0 $60,216 $13,159 $47,057
2015 -- $59,311 $12,961 $46,350
2014 -- $58,149 $12,707 $45,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 628888

Fresno MLS

APN: 023-140-022-000