NOT LISTED FOR SALE

581 W Lincoln Ave Unit 21 Clovis, CA 93612

38 Beds
32 Baths
16,918 Sq Ft
0.64 Acres Lot

Sale Details

Date Sold: December 31, 2014

Last sale price $1,825,000 $108 Per Sq Ft

83 Days on Market

Highlights

  • 0.64 Acre Lot
  • Cul-De-Sac
  • Central Air
  • Clark Intermediate School Rated A

About This Home

As of December 2014

100% Occupancy !!! 6% CAP on actual I & E. The Lincoln apartment is a turn key project, perfect for out of town investor. 21 units consisting of 4 units one bedroom one bath leased for $621.00/month. 4 units - two bedrooms one bath leased for $795.00/month,6 units - two bedrooms two baths leased for $766.00/month and 7 units two bedrooms two baths leased for $766.00/month. A very well maintained complex, 100% occupied at 6% CAP based on actual I & E. The complex located in a quiet cul-de-sac. Most units were rehabbed in the last two years to include hardwood like floors, remolded kitchens, exterior/interior painting and landscaping. Each unit has range, refrigerator, dishwasher & garbage disposal. ** Existing private 1st in the amount of $1,050,000 at 5.5% IO payment may be assumed

Last Agent to Sell the Property

Esti Barak

Lightning International License #00546141 Listed on: 08/30/2014

Last Buyer's Agent

Janet Bauer

Bauer Real Estate License #01248372

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 27,904 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 16,918 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 38 Bedrooms
  • 32 Bathrooms

Parking

  • Carport
  • Uncovered Parking

Utilities

  • Central Air

Community Details

  • 21 Units
  • Gross Income $183,552

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.64 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 107.87
  • Year Built Exception: 0
  • Stories: Two
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1984

Interior Features

  • Dishwasher: All Units
  • Disposal: All units
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 32.00
  • Bedrooms: 38
  • Facilities: Utility Room
  • Square Footage: 16918.00

Exterior Features

  • Yard: Sprinkler - Auto
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport, Uncovered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Unit: 21
  • Site Amenities: Cul De Sac

Lot Info

  • Acres: 0.6406
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 27904.00
  • Price Per Acre: 2848891.66

Building Info

  • Year Built: 1984

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 183552.00
  • IncomeIncludes: Unit Rent, Laundry
  • Total Units: 21

MLS Schools

  • School District 2: Clovis Unified
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
12/31/2014 12/31/14 Sold $1,825,000 0.0% $108 / Sq Ft
11/21/2014 11/21/14 Pending -- -- --
08/30/2014 08/30/14 For Sale $1,825,000 -- $108 / 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
2025 $38,325 $3,235,800 $220,000 $3,015,800
2023 $25,520 $2,104,345 $132,841 $1,971,504
2022 $24,762 $2,067,036 $130,237 $1,936,799
2021 $24,007 $2,020,933 $127,684 $1,893,249
2020 $23,953 $2,003,370 $126,375 $1,876,995
2019 $23,522 $1,966,762 $123,898 $1,842,864
2018 $23,021 $1,928,920 $121,469 $1,807,451
2017 $22,667 $1,894,131 $119,088 $1,775,043
2016 $21,914 $1,857,778 $116,753 $1,741,025
2015 $21,481 $1,377,474 $104,510 $1,272,964
2014 $16,079 $1,355,515 $102,463 $1,253,052
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Esti Barak

    Lightning International

    (559) 448-6552

    1 in this area

    4 Total Sales

    Esti Barak
    Section Image
  • Janet Bauer

    Buyer's Agent in 2014

    Janet Bauer

    Bauer Real Estate

    (559) 977-9995

    2 in this area

    14 Total Sales

    Janet Bauer
    Section Image
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Map

Source: Fresno MLS

MLS Number: 432161

Fresno MLS

APN: 420-141-14

California Fresno County Clovis 93612

581 W Lincoln Ave Unit 21, Clovis, CA

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.

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