NOT LISTED FOR SALE

622 N Palm Ave Fresno, CA 93728

Tower District Neighborhood

Estimated Value: $198,000 - $276,000

2 Beds
2 Baths
1,064 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $125,000 $117 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,499/month

26 Days on Market

Highlights

  • Laundry in Utility Room
  • Central Heating and Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2020

Investor Alert! ***Flip Time*** or a cheap way to get into the rental business. Looking for cash offer only on this easy to refurbish 2 BEDROOM and 2 BATH home with A/C on a large city lot in a popular old town area. This one will be a money maker for the person who has the vision. Semi elevated lot. Great floor plan and good bones.

Last Listed By

Michael Garabedian

London Properties, Ltd. License #01189466 Listed on: 09/17/2020

London Properties, Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1920

Lot Details

  • 6,600

Home Design

  • Wood Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,600 Sq Ft Lot
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,768

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Price Per Square Foot: 117.48
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1920

Interior Features

  • Bathrooms: 2.00
  • Bedrooms: 2
  • Laundry: Utility Room
  • Square Footage: 1064.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Wood Sub Floor
  • Pool: No

Garage/Parking

  • Parking Features: Potential RV Parking

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: Fresno Unified

Lot Info

  • Acres: 0.1515
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6600.00
  • Price Per Acre: 825082.51

Building Info

  • Year Built: 1920

MLS Schools

  • School District: Fresno Unified
  • School Type: High School
  • School Name: Fresno
  • School Type: Junior High School
  • School Name: Fort Miller
  • School Type: Grade School
  • School Name: Muir

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 21, 2020
Sold by
Valley Finest Products Inc
Bought by
Central Valley Capital Iv Lp
Seller's Agent
Michael Garabedian
London Properties, Ltd.
Buyer's Agent
Dave Jeffers
Rainey Real Estate
List Price
$125,000
Sold Price
$125,000
Total Days on Market
26
Current Estimated Value
$243,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,986

Purchase Details

Closed on
Dec 27, 2010
Sold by
Valley Pacific Funding Llc
Bought by
Valley Finest Products Inc

Purchase Details

Closed on
Sep 28, 2009
Sold by
Valley Finest Products Inc
Bought by
Valley Pacific Funding Llc

Purchase Details

Closed on
Nov 25, 1996
Sold by
Wasemiller Paul G and Wasemiller Joline M
Bought by
Valley Finest Products Inc

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
Central Valley Capital Iv Lp $125,000 Placer Title Company
Valley Finest Products Inc -- None Available
Valley Pacific Funding Llc -- Fnt
Valley Finest Products Inc -- Central Title Company
Wasemiller Paul G -- Central Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Central Valley Capital Iv Lp $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $125,000 0.0% $117 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $125,000 -- $117 / 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
2023 $1,768 $130,050 $36,414 $93,636
2022 $1,746 $127,500 $35,700 $91,800
2021 $1,701 $125,000 $35,000 $90,000
2020 $790 $52,709 $35,141 $17,568
2019 $764 $51,676 $34,452 $17,224
2018 $750 $50,664 $33,777 $16,887
2017 $739 $49,671 $33,115 $16,556
2016 $718 $48,698 $32,466 $16,232
2015 $709 $47,968 $31,979 $15,989
2014 $695 $47,029 $31,353 $15,676
Source: Public Records

Agents Affiliated with this Home

  • Michael Garabedian

    Seller's Agent in 2020

    Michael Garabedian

    London Properties, Ltd.

    (559) 436-4065

    5 in this area

    68 Total Sales

    Michael Garabedian
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Ryan Garabedian

    London Properties, Ltd.

  • D

    Buyer's Agent in 2020

    Dave Jeffers

    Rainey Real Estate

    (559) 916-1202

    2 in this area

    12 Total Sales

    Dave Jeffers
    Section Image
See All Agents

Map

Source: Fresno MLS

MLS Number: 548335

Fresno MLS

APN: 452-261-25

California Fresno County Fresno 93728 Tower District

622 N Palm Ave, Fresno, CA

Homes for Sale in Fresno, CA

This home is located at 622 N Palm Ave, Fresno, CA 93728 since 17 September 2020 and is currently estimated at $243,986, approximately $229 per square foot. This property was built in 1920. 622 N Palm Ave is a home located in Fresno County with nearby schools including Muir Elementary, Fort Miller Middle School, and Fresno 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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