NOT LISTED FOR SALE

Estimated Value: $396,000 - $445,000

5 Beds
2.5 Baths
1,930 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $280,000 $145 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,560/month

13 Days on Market

Highlights

  • Fireplace
  • Central Air
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2019

Two separate homes located on a beautiful tree lined street. on a large 10,890 SF lot. Nice investment, great cash on cash return, with good rental history and amazing location. Other opportunities, Live in one and rent one. Live in one and parents live in one, 1031 exchange, etc. The front house has 3 bedrooms and 1.5 baths, approximately 1100 sq. ft. Second home has 2 bedrooms & 1 bath, approximately 830 SF. Each with own meters. Please feel free to drive by only, we respect our tenants. All offers will be considered and subject to inspection. Tenants are great and would like to stay.

Last Agent to Sell the Property

James Lamarca

Mid-Coast Realty License #01171083 Listed on: 09/01/2019

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1936

Lot Details

  • 0.25

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Second Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2.5 Bathrooms

Additional Features

  • 0.25 Acre Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for all utilities

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,763

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 145.08
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1936

Interior Features

  • Dishwasher: None
  • Fireplace: One Unit
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 2.50
  • Bedrooms: 5
  • Facilities: Play Yard
  • Square Footage: 1930.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Both

Garage/Parking

  • Additional Parking: One Space per Unit

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.2500
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 10890.00
  • Price Per Acre: 1120000.00

Building Info

  • Year Built: 1936

Rental Info

  • TenantPays: All Utilities

Multi Family

  • Annual Income: 26400.00
  • IncomeIncludes: Unit Rent, Month to Month
  • Total Units: 2

MLS Schools

  • School District: Fresno Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2019
Closed on
Sep 24, 2019
Sold by
Korsgaden Laurie Gayle and Korsgaden Laurie Gayle
Bought by
Moats Michael and Moats Dawn
Seller's Agent
James Lamarca
Mid-Coast Realty
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$280,000
Sold Price
$280,000
Total Days on Market
13
Current Estimated Value
$423,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,283
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
May 30, 2018
Sold by
Korsgaden Laurie Gayle
Bought by
Korsgaden Laurie Gayle and Laurie Gayle Korsgaden Revocab

Purchase Details

Closed on
Feb 1, 2011
Sold by
Aurora Loan Services Llc
Bought by
Korsgaden Laurie

Purchase Details

Closed on
Dec 21, 2010
Sold by
Radley Cynthia Comfort and Comfort Shirley L
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 2, 2007
Sold by
Radley Cynthia and Comfort Shirley L
Bought by
Radley Roger and Radley Cynthia

Purchase Details

Closed on
May 2, 2007
Sold by
Radley Roger
Bought by
Radley Cynthia Comfort

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 26, 2007
Sold by
Villeraldo Samuel
Bought by
Comfort Radley Cynthia and Comfort Shirley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 30, 2006
Sold by
Scales Cynthia and Scales Beth Ann
Bought by
Villeraldo Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 10, 2005
Sold by
Scales Cynthia and Scales Beth Ann
Bought by
Scales Beth Ann and Scales Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2004
Sold by
Scales Cynthia
Bought by
Scales Cynthia and Scales Beth Ann

Purchase Details

Closed on
Nov 14, 2003
Sold by
Scales Beth Ann
Bought by
Scales Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.89%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2002
Sold by
Miktarian Harry A and Miktarian Barbara
Bought by
Scales Beth Ann and Scales Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2002
Sold by
Powers Lettie Z
Bought by
Miktarian Harry A and Miktarian Barbara
Source: Public Records

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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
Moats Michael $280,000 Fidelity National Title Co
Korsgaden Laurie Gayle -- None Available
Korsgaden Laurie $163,000 Lsi
Aurora Loan Services Llc $180,000 None Available
Radley Roger -- North American Title Company
Radley Cynthia Comfort -- North American Title Company
Comfort Radley Cynthia $385,000 North American Title Company
Villeraldo Samuel $375,000 First American Title Company
Scales Beth Ann -- Stewart Title Of Fresno
Scales Cynthia -- Stewart Title Of Fresno Cnty
Scales Cynthia -- Stewart Title Of Fresno Cnty
Scales Beth Ann $195,000 Fidelity National Title Co
Miktarian Harry A $103,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Comfort Radley Cynthia $308,000
Previous Owner Villeraldo Samuel $37,500
Previous Owner Scales Beth Ann $33,113
Previous Owner Scales Beth Ann $216,000
Previous Owner Scales Cynthia $184,000
Previous Owner Scales Beth Ann $162,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $280,000 0.0% $145 / Sq Ft
09/14/2019 09/14/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $280,000 -- $145 / 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 $3,763 $294,327 $63,069 $231,258
2022 $3,712 $288,557 $61,833 $226,724
2021 $3,610 $282,900 $60,621 $222,279
2020 $3,595 $280,000 $60,000 $220,000
2019 $2,368 $187,201 $22,967 $164,234
2018 $2,316 $183,531 $22,517 $161,014
2017 $2,277 $179,933 $22,076 $157,857
2016 $2,202 $176,406 $21,644 $154,762
2015 $2,169 $173,757 $21,319 $152,438
2014 $2,126 $170,354 $20,902 $149,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 529427

Fresno MLS

APN: 444-142-07