$320,000
SOLD APR 22, 2025

3945 E Madison Ave Fresno, CA 93702

Huntington Neighborhood
3 Beds
2 Baths
1,427 Sq Ft
6,350 Sq Ft Lot

Recently Sold

$224 Per Sq Ft

3% Below List Price

29 Days on Market

Highlights

  • Fenced Yard
  • 1-Story Property
  • Central Air

About This Home

As of April 2025

Great opportunity for investors, or first time home buyer, live in the front unit, while generating income from the back unit. Property has a potential RV parking. The property offers separate parking, making it more convenient for both occupants. Close to freeway access, and shopping centers.Bed and bath count differs from tax records, if important, buyer to verify.Income and expenses are estimates - buyer to verify if important.

Last Agent to Sell the Property

Amelia Saldate

London Properties, Ltd. License #00666669 Listed on: 02/04/2025

London Properties, Ltd.

Co-Listed By

Elvia Ochoa

London Properties, Ltd. License #01987073

Last Buyer's Agent

Juventino Alvarado

Bottom Line CRE Inc. License #02111232

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,350 Sq Ft Lot
  • Fenced Yard

Parking

  • Carport

Home Design

  • Duplex
  • Wood Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,427 Sq Ft Home
  • 1-Story Property
  • Second Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Gross Income $13,800

Listing and Financial Details

  • Tenant pays for electricity, water, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 224.25
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Fireplace: None
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 2.00
  • Bedrooms: 3
  • Square Footage: 1427.00

Exterior Features

  • Yard: Fenced
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Carport

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: 0.1458
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6350.00
  • Price Per Acre: 2194787.38

Building Info

  • Year Built: 1930

Rental Info

  • TenantPays: Electricity, Water, Cable TV

Multi Family

  • Annual Income: 13800.00
  • IncomeIncludes: Unit Rent
  • Total Units: 2

MLS Schools

  • School District 2: Fresno Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Mar 18, 2025
Sold by
Iniguez Lili and Perez Mario Iniguez
Bought by
Montoya Anthony
Seller's Agent
Amelia Saldate
London Properties, Ltd.
Buyer's Agent
Juventino Alvarado
Bottom Line CRE Inc.
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%
Views
1
Current Estimated Value
$315,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,099
Avg. Annual Appreciation
-1.73%
Original Mortgage
$11,200
Outstanding Balance
$8,032
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$307,869

Purchase Details

Listed on
Mar 5, 2022
Closed on
Apr 21, 2022
Sold by
Imperishable Crown Llc
Bought by
Iniguez Lili and Perez Mario Iniguez
Seller's Agent
Matt Garabedian
Royal Realty Property Manageme
Buyer's Agent
Amelia Saldate
London Properties, Ltd.
List Price
$277,500
Sold Price
$280,000
Premium/Discount to List
$2,500
0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$210,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2020
Sold by
Sullivan Daniel E and Sullivan Judith A
Bought by
Imperishable Crown Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2016
Sold by
Sullivan Daniel E and Sullivan Judith A
Bought by
Sullivan Daniel E and Sullivan Judith A

Purchase Details

Closed on
Feb 3, 2016
Sold by
Dvp Lp
Bought by
Sullivan Daniel E and Sullivan Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2015
Sold by
Quinteros Edwin
Bought by
Dvd Lp

Purchase Details

Closed on
Nov 26, 2003
Sold by
Quinteros Marygrace Balla
Bought by
Quinteros Edwin

Purchase Details

Closed on
Nov 5, 2003
Sold by
Velazco Samuel
Bought by
Quinteros Edwin

Purchase Details

Closed on
Jul 1, 2003
Sold by
Cardoza Julie Martney and Cardoza Robert William
Bought by
Velazco Samuel

Purchase Details

Closed on
Jun 18, 1997
Sold by
Cardoza Sarah E and Cardoza Robert W
Bought by
Lopez Salvador and Lopez Hilda B
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 Type Sale Price Title Company
Grant Deed $320,000 Old Republic Title Company
Grant Deed $280,000 Chicago Title
Grant Deed $120,000 Fidelity National Title Co
Interfamily Deed Transfer -- First American Title Fresno
Grant Deed $115,000 First American Title Company
Trustee Deed $69,000 First American Fresno
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $119,000 Chicago Title Company
Trustee Deed $57,500 --
Grant Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $11,200 FHA
Open $314,204 FHA
Previous Owner $210,000 New Conventional
Previous Owner $120,000 Commercial
Previous Owner $86,250 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2025 04/22/25 Sold $320,000 -3.0% $224 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $330,000 +17.9% $231 / Sq Ft
05/09/2022 05/09/22 Sold $280,000 +2.8% $196 / Sq Ft View Prior Sale
04/18/2022 04/18/22 Pending -- -- --
04/13/2022 04/13/22 Price Changed $272,500 -1.8% $191 / Sq Ft
04/11/2022 04/11/22 For Sale $277,500 0.0% $194 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $277,500 +141.3% $194 / Sq Ft
05/06/2016 05/06/16 Sold $115,000 0.0% $136 / Sq Ft View Prior Sale
03/29/2016 03/29/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $115,000 -- $136 / 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 $3,886 $297,137 $53,060 $244,077
2023 $3,739 $285,600 $51,000 $234,600
2022 $2,151 $164,889 $41,222 $123,667
2021 $2,093 $161,657 $40,414 $121,243
2020 $1,632 $124,478 $21,648 $102,830
2019 $1,570 $122,038 $21,224 $100,814
2018 $1,537 $119,646 $20,808 $98,838
2017 $1,511 $117,300 $20,400 $96,900
2016 $1,708 $135,000 $20,000 $115,000
2015 $1,269 $99,300 $23,200 $76,100
2014 $1,191 $93,100 $21,800 $71,300
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Amelia Saldate

    London Properties, Ltd.

    (559) 289-5975

    10 in this area

    33 Total Sales

    Amelia Saldate
    Section Image
  • Elvia Ochoa

    Seller Co-Listing Agent in 2025

    Elvia Ochoa

    London Properties, Ltd.

    (559) 317-4332

    4 in this area

    25 Total Sales

    Elvia Ochoa
    Section Image

  • J

    Buyer's Agent in 2025

    Juventino Alvarado

    Bottom Line CRE Inc.

    (559) 917-3207

    4 in this area

    28 Total Sales

    Juventino Alvarado
    Section Image
  • Matt Garabedian

    Seller's Agent in 2022

    Matt Garabedian

    Royal Realty Property Manageme

    (559) 978-2241

    2 in this area

    13 Total Sales

    Matt Garabedian
    Section Image

  • A

    Seller's Agent in 2016

    Andres Banuelos

    Capitol Real Estate Group, Inc

    Section Image

  • B

    Buyer's Agent in 2016

    Brian Winch

    London Properties-Clovis

See All Agents

Map

Source: Fresno MLS

MLS Number: 624849

Fresno MLS

APN: 460-051-18

California Fresno County Fresno 93702 Huntington

3945 E Madison Ave, Fresno, CA

Sold

MultiFamily

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