Seller's Agent in 2017
Michael Garabedian
London Properties, Ltd.
(559) 436-4065
3 in this area
55 Total Sales
3928 E Olive Ave Fresno, CA 93702
Huntington Neighborhood
24
Beds
16
Baths
7,200
Sq Ft
1985
Built
Highlights
- Refrigerated and Evaporative Cooling System
- Wood Siding
- Heating Available
- Garage
About This Home
As of June 2017This sale is for 2 fourplexes that are being sold together in a package - 3928 E Olive (APN# 454-051-31) and 3938 E Olive (APN#454-051-32). The two properties share a common driveway and perimeter fence and have essentially been maintained and run as an 8 unit property. All units are 3 bedroom and 2 bath and feature a detached 1 car garage. Currently the property is fully occupied and has a gross monthly income of $5,380. That said, there is seemingly room to increase the monthly income here as the three most recently occupied units were rented for $750, $750 and $890 per month. At $60k/door for 3 bedroom 2 bath units, this property should be a serious consideration for all investors currently in the market for income property.
Last Agent to Sell the Property
London Properties, Ltd. License #01189466 Listed on: 03/23/2017
Co-Listed By
Bobby Ward
Strong Holdings Inc License #01350825
Last Buyer's Agent
London Properties, Ltd. License #01189466 Listed on: 03/23/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Parking
- Garage
Home Design
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,200 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 24 Bedrooms
- 16 Bathrooms
Utilities
- Refrigerated and Evaporative Cooling System
- Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
- 8 Units
- Gross Income $72,000
Listing and Financial Details
- Tenant pays for electricity, gas
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
Closed on
Nov 16, 2021
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
$350,000
Interest Rate
0.0299%
Purchase Details
Listed on
Mar 23, 2017
Closed on
Jun 14, 2017
Sold by
Bought by
Seller's Agent
Michael Garabedian
London Properties, Ltd.
Buyer's Agent
Michael Garabedian
London Properties, Ltd.
List Price
$480,000
Sold Price
$480,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0402%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 28, 1994
Sold by
Bought by
Purchase Details
Closed on
Sep 8, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Consumers Title Company | ||
| $480,000 | Fidelity National Title Fres | ||
| $110,000 | North American Title Company | ||
| $76,039 | North American Title |
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 |
|---|---|---|---|
| Open | $350,000 | ||
| Closed | $350,000 | ||
| Closed | $10,000 | ||
| Closed | $250,000 | ||
| Closed | $130,000 |
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 |
|---|---|---|---|---|
| 06/16/2017 06/16/17 | Sold | $480,000 | 0.0% | $67 / Sq Ft |
| 06/08/2017 06/08/17 | Pending | -- | -- | -- |
| 03/23/2017 03/23/17 | For Sale | $480,000 | -- | $67 / 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 | $3,664 | $278,533 | $29,011 | $249,522 |
| 2023 | $3,526 | $267,720 | $27,886 | $239,834 |
| 2022 | $3,413 | $262,472 | $27,340 | $235,132 |
| 2021 | $3,320 | $257,326 | $26,804 | $230,522 |
| 2020 | $3,306 | $254,689 | $26,530 | $228,159 |
| 2019 | $3,180 | $249,696 | $26,010 | $223,686 |
| 2018 | $3,112 | $244,800 | $25,500 | $219,300 |
| 2017 | $2,051 | $159,197 | $20,259 | $138,938 |
| 2016 | $1,985 | $156,076 | $19,862 | $136,214 |
| 2015 | $1,955 | $153,732 | $19,564 | $134,168 |
| 2014 | $1,912 | $150,721 | $19,181 | $131,540 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Garabedian
-
B
Seller Co-Listing Agent in 2017
Bobby Ward
Strong Holdings Inc
Map
Source: Fresno MLS
MLS Number: 479462
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