NOT LISTED FOR SALE

Estimated Value: $236,734 - $388,000

3 Beds
1 Bath
1,057 Sq Ft
$277/Sq Ft Est. Value

Last Sold May 22, 2012

Last sale price $47,500 $45 Per Sq Ft

Est. 516% increase in value since last sale

Current estimated payment $1,654/month

9 Days on Market

Highlights

  • Ground Level Unit
  • Double Pane Windows
  • 1-Story Property
  • Covered Patio or Porch
  • Tile Flooring
  • Whole House Fan

About This Home

As of May 2012

A great opportunity at a great price! Calling all investors! Main unit features 3 bedrooms (per tax records; buyer to verify), 1 bathroom, a living room, dining room, and kitchen. Garage has been converted into two separate rooms with carpet in larger area. Fruit tree in backyard with beautiful rose bushes. Newer windows have been installed and property is clean. Property sold AS IS. Property may not pass inspections for financing. With a little TLC this could be a great rental property! Bank owned. This won't last long!

Last Agent to Sell the Property

Ashley Jones

Coldwell Banker Premier R.E License #01875190 Listed on: 04/03/2012

Last Buyer's Agent

Maurice Gonzales

Iron Key Real Estate License #01390928

Iron Key Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $767

Year Built

  • Built in 1940

Lot Details

  • 6,300

Home Design

  • Wood Foundation
  • Composition Roof

Interior Spaces

  • 1,057 Sq Ft Home
  • 1-Story Property
  • Whole House Fan
  • Double Pane Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Located Outside
  • Electric Dryer Hookup

Additional Features

  • Covered Patio or Porch
  • 6,300 Sq Ft Lot
  • Ground Level Unit

Home Details

Home Type

Single Family

Est. Annual Taxes

$767

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Price Per Square Foot: 44.94
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Unit Description: Ground Floor
  • Special Features: None
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Flooring: Tile
  • Bathrooms: 1.00
  • Bedrooms: 3
  • Laundry: On Porch, Electric Hook Up
  • Square Footage: 1057.00

Exterior Features

  • Roofing: Composition
  • Exterior: Other
  • Foundation: Wood Sub Floor
  • Patio: Covered
  • Pool: No

Utilities

  • Heating And Cooling: Whole House Fan
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1446
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6300.00
  • Price Per Acre: 328492.39

Green Features

  • Energy Efficiency: Dual Pane Windows

Building Info

  • Year Built: 1940

MLS Schools

  • School District 2: Fresno Unified
  • School Type: High School
  • School Name: Roosevelt
  • School Type: Junior High School
  • School Name: Sequoia
  • School Type: Grade School
  • School Name: Winchell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2013
Sold by
Arakelian Eddie K and Arakelian Lynn Denise Moran
Bought by
Tale Properties #9 Inc
Current Estimated Value
$292,434

Purchase Details

Listed on
Apr 3, 2012
Closed on
May 8, 2012
Sold by
The Bank Of New York Mellon
Bought by
Arakelian Eddie
Seller's Agent
Ashley Jones
Coldwell Banker Premier R.E
Buyer's Agent
Maurice Gonzales
Iron Key Real Estate
List Price
$47,500
Sold Price
$47,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%

Purchase Details

Closed on
Dec 2, 2011
Sold by
Cornejo Adan
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Apr 20, 2006
Sold by
Cornejo Irma
Bought by
Cornejo Adan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2005
Sold by
Reyes Ignacio
Bought by
Cornejo Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2005
Sold by
Arutyunyan Meruzhan and Sargisyan Susanna
Bought by
Cornejo Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2004
Sold by
Arutyunyan Meruzhan and Sargisyan Susanna
Bought by
Arutyunyan Meruzhan and Sargisyan Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2000
Sold by
Sekoian Nelli
Bought by
Arutyunyan Meruzhan and Sargisyan Suzanna

Purchase Details

Closed on
May 19, 1998
Sold by
Pashayan Heriknaz
Bought by
Thomassian

Purchase Details

Closed on
Mar 12, 1998
Sold by
Tomassian
Bought by
Arutyunyan Meruzhan and Sargisyan Suzanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,924
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 1998
Sold by
Pashayan John
Bought by
Tomassian

Purchase Details

Closed on
Dec 31, 1997
Sold by
Seda Muradyan
Bought by
Pashayan John

Purchase Details

Closed on
Feb 21, 1996
Sold by
Pashayan John T and Pashayan Heriknas
Bought by
Muradyan Seda
Source: Public Records

Range of Values:

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Average Value
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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
Tale Properties #9 Inc -- None Available
Arakelian Eddie K -- None Available
Arakelian Eddie $47,500 Landsafe Title
The Bank Of New York Mellon $52,000 Landsafe Title
Cornejo Adan -- First American Title Company
Cornejo Irma -- Chicago Title Company
Cornejo Irma $167,000 Chicago Title Company
Arutyunyan Meruzhan -- Fidelity National Title Co
Arutyunyan Meruzhan -- --
Thomassian -- Chicago Title Co
Arutyunyan Meruzhan $58,000 Central Title Company
Tomassian -- --
Pashayan John -- --
Muradyan Seda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tale Properties #1 Inc $4,500,000
Previous Owner Cornejo Adan $193,500
Previous Owner Cornejo Irma $133,600
Previous Owner Arutyunyan Meruzhan $85,000
Previous Owner Arutyunyan Meruzhan $57,924
Closed Arutyunyan Meruzhan $2,449
Closed Cornejo Irma $33,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2012 05/22/12 Sold $47,500 0.0% $45 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $47,500 -- $45 / 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 $767 $59,649 $31,394 $28,255
2023 $753 $57,334 $30,176 $27,158
2022 $743 $56,211 $29,585 $26,626
2021 $723 $55,109 $29,005 $26,104
2020 $720 $54,545 $28,708 $25,837
2019 $693 $53,477 $28,146 $25,331
2018 $678 $52,430 $27,595 $24,835
2017 $667 $51,403 $27,054 $24,349
2016 $645 $50,396 $26,524 $23,872
2015 $636 $49,640 $26,126 $23,514
2014 $622 $48,669 $25,615 $23,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 390171

Fresno MLS

APN: 470-282-11