NOT LISTED FOR SALE

540 Fresno St Fresno, CA 93706

Downtown Fresno Neighborhood

Estimated Value: $445,000 - $701,000

6 Beds
2 Baths
4,437 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $260,000 $59 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,253/month

18 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Wheelchair Ramps
  • Edison High School Rated A-
  • Wheelchair Access
  • 5-minute walk to Kearney Triangle Park

About This Home

As of August 2018

Unique specious duplex (4437 sq ft) with a lot of potential for Medical/Dental, Office/Home, boarding home, day-care, offices. Live in one unit operate your business in the other, the possibilities are endless. Two units 2217 sf. each that are 3BR-1BA residences with separate entrances, basement, 2 kitchens, with center courtyard/patio. Units are currently occupied, please do not walk the grounds or disturb the tenants. Please submit offer subject to walk through inspection.

Last Agent to Sell the Property

Paul Gestic

Fresno Income Properties License #01376488 Listed on: 05/25/2017

Last Buyer's Agent

Ismael Aramburu

RI California Realty License #01997498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,638

Year Built

  • Built in 1937

Lot Details

  • 0.31 Acre Lot
  • Corner Lot
  • Front Yard Sprinklers

Home Design

  • Duplex
  • Wood Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,437 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • Garage
  • Uncovered Parking

Accessible Home Design

  • Wheelchair Access
  • Wheelchair Ramps

Utilities

  • Central Air

Community Details

  • 2 Units
  • Gross Income $36,000

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,638

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 58.60
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1937

Interior Features

  • Accessibility Features: Wheel Chair Access, Accessible Approach with Ramp
  • Dishwasher: None
  • Disposal: None
  • Fireplace: One Unit
  • Refrigerator: One Unit
  • Stove: All units
  • Bathrooms: 2.00
  • Bedrooms: 6
  • Square Footage: 4437.00

Exterior Features

  • Yard: Sprinkler - Front
  • Roofing: Tile
  • Exterior: Stucco
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Garage, Uncovered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.3099
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 13500.00
  • Price Per Acre: 838980.32

Rental Info

  • Sub Lease Expiration Date: 2000-01-01
  • TenantPays: Electricity, Gas, Cable TV

Building Info

  • Year Built: 1937

Multi Family

  • Annual Income: 36000.00
  • 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

Closed on
Aug 28, 2017
Sold by
Chin Allen and Mabel Chin Revocable Trust
Bought by
Tran Tammy Loan and Quach Tam
Current Estimated Value
$554,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2014
Sold by
Chin Mabel
Bought by
Chin Mabel

Purchase Details

Closed on
Aug 15, 2007
Sold by
Chin Mabel
Bought by
Chin Burton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2007
Sold by
Chin Burton
Bought by
Chin Mabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2005
Sold by
Chin Burton
Bought by
Chin Mabel

Purchase Details

Closed on
Jun 10, 2004
Sold by
Chin Allen
Bought by
Chin Burton

Purchase Details

Closed on
May 3, 2000
Sold by
Wells Fargo Bank Na
Bought by
Chin Allen and Chin Burton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
9.38%

Purchase Details

Closed on
May 1, 2000
Sold by
Ayako Hashiba and Tanabe Ayako
Bought by
Hashiba Ayako and Yamaguchi Hide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
9.38%

Purchase Details

Closed on
Jan 24, 2000
Sold by
Ayako Hashiba and Hide Yamaguchi
Bought by
The Fresno Buddhist Church Inc

Purchase Details

Closed on
Jan 28, 1998
Sold by
Wells Fargo Bank N A
Bought by
Hashiba Ayako and Yamaguchi Hide
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
Tran Tammy Loan $260,000 First American Title Company
Chin Mabel -- None Available
Chin Burton -- Fidelity National Title Co
Chin Mabel -- None Available
Chin Mabel -- --
Chin Mabel -- --
Chin Burton $39,000 Fidelity National Title Co
Chin Allen $128,000 Fidelity National Title Co
Hashiba Ayako -- Fidelity National Title Co
The Fresno Buddhist Church Inc -- --
Hashiba Ayako -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Tammy Loan $195,000
Previous Owner Chin Burton $282,000
Previous Owner Chin Allen $53,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $260,000 0.0% $59 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $260,000 -- $59 / 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 $3,638 $290,029 $72,505 $217,524
2023 $3,569 $278,769 $69,691 $209,078
2022 $3,520 $273,304 $68,325 $204,979
2021 $3,424 $267,946 $66,986 $200,960
2020 $3,409 $265,200 $66,300 $198,900
2019 $3,278 $260,000 $65,000 $195,000
2018 $2,860 $227,013 $43,371 $183,642
2017 $2,811 $222,563 $42,521 $180,042
2016 $2,719 $218,200 $41,688 $176,512
2015 $2,677 $214,923 $41,062 $173,861
2014 $2,623 $210,714 $40,258 $170,456
Source: Public Records

Agents Affiliated with this Home

  • Paul Gestic

    Seller's Agent in 2018

    Paul Gestic

    Fresno Income Properties

    (559) 438-9425

    1 in this area

    140 Total Sales

    Paul Gestic
    Section Image
  • Ismael Aramburu

    Buyer's Agent in 2018

    Ismael Aramburu

    RI California Realty

    (559) 287-4175

    10 Total Sales

    Ismael Aramburu
    Section Image
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Map

Source: Fresno MLS

MLS Number: 483285

Fresno MLS

APN: 467-252-01

California Fresno County Fresno 93706 Downtown Fresno

540 Fresno St, Fresno, CA

This home is located at 540 Fresno St, Fresno, CA 93706 since 25 May 2017 and is currently estimated at $554,239, approximately $124 per square foot. This property was built in 1937. 540 Fresno St is a home located in Fresno County with nearby schools including Lincoln Elementary School, Rutherford B. Gaston Sr. Middle, and Edison High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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