NOT LISTED FOR SALE

4875 E Mckinley Ave Unit 107 Fresno, CA 93703

McLane Neighborhood

Estimated Value: $169,000 - $178,000

30 Beds
23 Baths
15,000 Sq Ft
$12/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $1,370,000 $91 Per Sq Ft

Current estimated payment $1,052/month

3 Days on Market

Highlights

  • Central Air
  • Wood Siding
  • 2-minute walk to Reedy Park

About This Home

As of May 2021

15 two bedroom one and 1/2 bath townhouses in gated secure community. Each unit has a separate lot and APN # and are approximately 968 square feet. Units are tenant occupied. Great property for the down leg of a 1031 tax deferred exchange. The pictures shown are of a typical unit and the address shown is just one of the 15 individual addresses. Not all are in the same condition. Income and expense records are available.

Last Agent to Sell the Property

Brad Maaske

Realty Stars License #00844129 Listed on: 03/15/2021

Last Buyer's Agent

Tejinder Khehra

RE/MAX Gold License #01477569

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,251

Year Built

  • Built in 1990

Lot Details

  • 7,500

Parking

  • Carport

Home Design

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

Interior Spaces

  • 15,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 30 Bedrooms
  • 23 Bathrooms

Additional Features

  • 7,500 Sq Ft Lot
  • Central Air

Community Details

  • 15 Units
  • Gross Income $153,499

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,251

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 91.33
  • Year Built Exception: 0
  • Stories: Two
  • Unique Conditions: Estate Sale
  • Special Features: None
  • Year Built: 1990

Interior Features

  • Fireplace: None
  • Bathrooms: 23.00
  • Bedrooms: 30
  • Facilities: Exercise Room, Play Yard
  • Square Footage: 15000.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Carport

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Unit: 107

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.1722
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 7500.00
  • Price Per Acre: 7955865.27

Building Info

  • Year Built: 1990

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 153499.00
  • IncomeIncludes: Unit Rent
  • Total Units: 15

MLS Schools

  • School District: Fresno Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2023
Sold by
Sidhu Prempal S and Sidhu Amarjit K
Bought by
Prempal And Amarjit Sidhu Family Trust
Current Estimated Value
$174,000

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 29, 2021
Sold by
Clements David L and Clements 1994 Revoc Margaret M
Bought by
Sidhu Prempal S and Sidhu Amarjit K
Seller's Agent
Brad Maaske
Realty Stars
Buyer's Agent
Tejinder Khehra
RE/MAX Gold
List Price
$1,370,000
Sold Price
$1,370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-38.25%
Original Mortgage
$345,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2016
Sold by
Clements Peggy
Bought by
Clements Margaret M and The Margaret M Clements 1994 Revocable F

Purchase Details

Closed on
Jul 28, 2010
Sold by
Haynes Enterprises Inc
Bought by
Mulholland Gary

Purchase Details

Closed on
Dec 21, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Haynes Enterprises Inc

Purchase Details

Closed on
Jul 20, 2009
Sold by
Vasquez Graciela
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 23, 2007
Sold by
Stonemark Asset Portfolio
Bought by
Vasquez Graciela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2007
Sold by
Ssbi Stonemark Homes Lp
Bought by
Stonemark Asset Portfolio
Source: Public Records

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
Prempal And Amarjit Sidhu Family Trust -- --
Sidhu Prempal S $1,370,000 Chicago Title Company
Clements Margaret M -- None Available
Mulholland Gary -- None Available
Haynes Enterprises Inc $30,500 First American Title
Federal Home Loan Mortgage Corporation $111,145 Accommodation
Vasquez Graciela $226,000 None Available
Stonemark Asset Portfolio $150,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sidhu Prempal S $345,000
Previous Owner Sidhu Prempal S $345,000
Previous Owner Mulholland Gary $451,250
Previous Owner Vasquez Graciela $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $1,370,000 0.0% $91 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $1,370,000 -- $91 / 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 $1,251 $98,499 $24,895 $73,604
2023 $1,251 $94,676 $23,929 $70,747
2022 $1,211 $92,820 $23,460 $69,360
2021 $869 $66,545 $16,492 $50,053
2020 $866 $65,863 $16,323 $49,540
2019 $833 $64,572 $16,003 $48,569
2018 $816 $63,307 $15,690 $47,617
2017 $802 $62,067 $15,383 $46,684
2016 $776 $60,851 $15,082 $45,769
2015 $765 $59,938 $14,856 $45,082
2014 $751 $58,764 $14,565 $44,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 556031

Fresno MLS

APN: 494-321-07