NOT LISTED FOR SALE
16 Beds
8 Baths
6,432 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: March 1, 2014

Last sale price $410,000 $64 Per Sq Ft

33 Days on Market

About This Home

As of March 2014

Turn Key 8-Unit apartment complex. All units 2 bedroom/1 bath. Fully occupied with stable families. Property is under professional management. This project was completely remodeled. New windows, siding, doors, AC units, electric, tile, appliances, etc. It has a gross pro forma income of $62,000 per year. All units occupied by good tenants. This is a very solid investment. The property is stress free because nothing is worn out. The roof is under warranty. Everything was done for with a very good quality because owner was planning on a 8-10 year hold. Do not disturb tenants. Make an offer today! School information provided is not verified, agent not from the area.

Last Agent to Sell the Property

Heidi Mendoza

Premier Prop.of Silicon Valley License #01498523 Listed on: 01/08/2014

Last Buyer's Agent

Nonmember Nonmember

Nonmember

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.29

Parking

  • Uncovered Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 6,432 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Additional Features

  • 12,600 Sq Ft Lot
  • Central Air

Community Details

  • 8 Units
  • Gross Income $60,840

Listing and Financial Details

  • Tenant pays for electricity, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.29 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 63.74
  • Year Built Exception: 0
  • Stories: Two
  • Unique Conditions: 1031 Exchange
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Dishwasher: None
  • Disposal: All units
  • Fireplace: None
  • Stove: All units
  • Bathrooms: 8.00
  • Bedrooms: 16
  • Square Footage: 6432.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Uncovered, More than One Space

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2893
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 12600.00
  • Price Per Acre: 1417213.96

Building Info

  • Year Built: 1980

Rental Info

  • TenantPays: Electricity, Cable TV

Multi Family

  • Annual Income: 60840.00
  • IncomeIncludes: All
  • Total Units: 8

MLS Schools

  • School District 2: Fresno Unified

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
Dec 9, 2015
Sold by
Lopez Milton and Cornejo Ana Maria
Bought by

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 27, 2014
Sold by
Nelson Rodney D
Bought by
Lopez Milton and Cornejo Maria
Seller's Agent
Heidi Mendoza
Premier Prop.of Silicon Valley
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$81,014
Interest Rate
4.38%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 26, 2014
Sold by
Verduzco Rogelio R
Bought by
Cornejo Ana Maria
Seller's Agent
Heidi Mendoza
Premier Prop.of Silicon Valley
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$81,014
Interest Rate
4.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 2012
Sold by
Sermeno Wilber M
Bought by
Nelson Rodney

Purchase Details

Closed on
Oct 22, 2004
Sold by
Hirsch Harry B and Hirsch Sheila A
Bought by
Sermeno Wilber M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2004
Sold by
Mezquita Karla Maria
Bought by
Sermeno Wilber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2001
Sold by
Khan Azam and Youssefzadeh Atabak
Bought by
Hirsch Harry B and Hirsch Sheila A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 1999
Sold by
World Svgs & Loan Assn
Bought by
Youssefzadeh Akabak and Khan Azam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 1999
Sold by
Jenstad S Erek and Angela Jenstad M
Bought by
World Svgs Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 1998
Sold by
Tabb Ardis
Bought by
Moore Michael and Cleveland Wayne M

Purchase Details

Closed on
Dec 8, 1994
Sold by
Moore Michael and Cleveland Wayne M
Bought by
Tabb Ardis
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
Lopez Milton $410,000 First American Title Company
Cornejo Ana Maria -- First American Title Company
Nelson Rodney $154,500 First American Title Company
Sermeno Wilber M $544,000 First American Title Ins Co
Sermeno Wilber -- First American Title Ins Co
Hirsch Harry B $180,000 Chicago Title Co
Youssefzadeh Akabak $130,000 Commonwealth Land Title
Khan Azam -- Commonwealth Land Title Ins
World Svgs Bank Fsb $155,000 Stewart Title
Moore Michael $33,251 --
Tabb Ardis -- Stewart Title Co
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 $50,000
Open Lopez Milton $110,000
Previous Owner Sermeno Wilber M $416,000
Previous Owner Sermeno Wilber M $315,000
Previous Owner Velarde Charles $29,300
Previous Owner Hirsch Harry B $117,000
Previous Owner Youssefzadeh Akabak $136,000
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
03/01/2014 03/01/14 Sold $410,000 0.0% $64 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $410,000 -- $64 / 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
2026 $6,586 $509,888 $48,203 $461,685
2025 $6,586 $499,891 $47,258 $452,633
2023 $6,338 $480,481 $45,424 $435,057
2022 $6,134 $471,061 $44,534 $426,527
2021 $5,968 $461,825 $43,661 $418,164
2020 $5,943 $457,091 $43,214 $413,877
2019 $5,717 $448,129 $42,367 $405,762
2018 $5,594 $439,343 $41,537 $397,806
2017 $5,499 $430,729 $40,723 $390,006
2016 $5,320 $422,284 $39,925 $382,359
2015 $5,268 $418,191 $38,759 $379,432
2014 $2,061 $158,304 $30,738 $127,566
Source: Public Records

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Map

Source: Fresno MLS

MLS Number: 419410

Fresno MLS
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