NOT LISTED FOR SALE

Estimated Value: $219,285 - $250,000

2 Beds
1 Bath
867 Sq Ft
$266/Sq Ft Est. Value

Last Sold March 23, 2012

Last sale price $43,500 $50 Per Sq Ft

Est. 430% increase in value since last sale

Current estimated payment $1,351/month

36 Days on Market

About This Home

As of March 2012

Mr. Opportunity knocks! 2 plus 1 on large lot in Central Fresno with endless possibilities for the investor and homeowner alike. Attached 1 car garage and check this out with central A/C all for less than $40,000!!!. Bank of America letter of prequalification required on all financed offers. A 60 day deed restriction from reselling the property applies on all cash offers. Please allow the seller 2-3 business days for response to offer.

Last Listed By

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 01/12/2012

London Properties, Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $714

Year Built

  • Built in 1948

Lot Details

  • 7,200

Home Design

  • 867 Sq Ft Home
  • Ranch Style House
  • Concrete Foundation
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 7,200 Sq Ft Lot
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$714

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Price Per Square Foot: 50.17
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Bathrooms: 1.00
  • Bedrooms: 2
  • Laundry: None
  • Square Footage: 867.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete
  • Pool: No

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1653
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7200.00
  • Price Per Acre: 263157.89

Building Info

  • Year Built: 1948

MLS Schools

  • School District 2: Fresno Unified
  • School Type: High School
  • School Name: Roosevelt
  • School Type: Junior High School
  • School Name: Yosemite
  • School Type: Grade School
  • School Name: Leavenworth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2012
Closed on
Feb 16, 2012
Sold by
The Bank Of New York Mellon
Bought by
Hovannisian Vernon and Hovannisian Carol
Seller's Agent
Michael Garabedian
London Properties, Ltd.
Buyer's Agent
Michael Garabedian
London Properties, Ltd.
List Price
$43,500
Sold Price
$43,500
Total Days on Market
36
Current Estimated Value
$230,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,071

Purchase Details

Closed on
May 4, 2011
Sold by
Vang Yang
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 18, 2005
Sold by
Vang Yang
Bought by
Vang Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 21, 1995
Sold by
Tatum Darin S and Tatum Sarah L
Bought by
Vang Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
7.67%

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 Buyer Sale Price Title Company
Hovannisian Vernon $45,000 None Available
The Bank Of New York Mellon $44,010 None Available
Vang Yang -- Stewart Title Of Fresno Cnty
Vang Yang $54,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vang Yang $865,000
Previous Owner Vang Yang $132,000
Previous Owner Vang Yang $88,000
Previous Owner Vang Yang $20,000
Previous Owner Vang Yang $43,200
Closed Vang Yang $5,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2012 03/23/12 Sold $43,500 0.0% $50 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $43,500 -- $50 / 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
2023 $714 $54,316 $24,140 $30,176
2022 $705 $53,252 $23,667 $29,585
2021 $686 $52,208 $23,203 $29,005
2020 $683 $51,674 $22,966 $28,708
2019 $658 $50,662 $22,516 $28,146
2018 $644 $49,670 $22,075 $27,595
2017 $633 $48,697 $21,643 $27,054
2016 $613 $47,743 $21,219 $26,524
2015 $604 $47,027 $20,901 $26,126
2014 $590 $46,107 $20,492 $25,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 386059

Fresno MLS

APN: 454-223-06