NOT LISTED FOR SALE

5148 E Hedges Ave Fresno, CA 93727

Roosevelt Neighborhood
76 Beds
56 Baths
40,008 Sq Ft
1.87 Acres

Last Sold December 27, 2013

Last sale price $1,925,000 $48 Per Sq Ft

12 Days on Market

About This Home

As of December 2013

Opportunity For Overbidding at 11:00 A.M., December 24, 2013. Property in Escrow. All overbidders must be qualified by the Receiver's office no later than 10:00 A.M. on 12/23/2013. Overbidders must provide $50,000 deposit. Initial overbid amount is $1,700,000.00, which is $50,000 more than the accepted sales price. All subsequent overbids are in increments of $25,000. Must close escrow before end of year. The complex is comprised of 36-(1)one bed / (1) one bath and 20-(2)two bed / (1) one bath units. The complex is under control of a Court-appointed receiver and is vacant. Only cash offers will be presented to the Superior Court of California for approval.

Last Agent to Sell the Property

Michael Hays

James Hendricks & Assoc. Inc License #01459434 Listed on: 12/12/2013

Last Buyer's Agent

Rigoberto Rivera

Real Broker License #01903201

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 1.87

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 40,008 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 76 Bedrooms
  • 56 Bathrooms

Additional Features

  • 1.87 Acre Lot
  • Central Air

Community Details

  • 5 Buildings
  • 56 Units

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 48.12
  • Year Built Exception: 0
  • Stories: Two
  • Unique Conditions: Court Approval Req.
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Bathrooms: 56.00
  • Bedrooms: 76
  • Square Footage: 40008.00

Exterior Features

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

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: 1.8700
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 81457.00
  • Price Per Acre: 1029411.76

Building Info

  • Year Built: 1972

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • IncomeIncludes: Unit Rent
  • Total Units: 56

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2013 12/27/13 Sold $1,925,000 0.0% $48 / Sq Ft
12/24/2013 12/24/13 Pending -- -- --
12/12/2013 12/12/13 For Sale $1,925,000 -- $48 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Hays

    Seller's Agent in 2013

    Michael Hays

    James Hendricks & Assoc. Inc

    (559) 273-5556

    10 Total Sales

    Michael Hays
    Section Image
  • Rigoberto Rivera

    Buyer's Agent in 2013

    Rigoberto Rivera

    Real Broker

    (559) 978-4988

    34 Total Sales

    Rigoberto Rivera
    Section Image
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Map

Source: Fresno MLS

MLS Number: 418614

Fresno MLS
California Fresno County Fresno 93727 Roosevelt

5148 E Hedges Ave, Fresno, CA

Not Listed for Sale

MultiFamily

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