$265,000
SOLD AUG 29, 2016

642 N Thorne Ave Fresno, CA 93728

Tower District Neighborhood
7 Beds
7 Baths
3,643 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

46 Days on Market

Highlights

  • Heated Floors
  • Fenced Yard
  • Fireplace
  • Corner Lot

About This Home

As of June 2020

Great multi-unit investment property with long term, reliable tenants! This property is a cash cow grossing $3,150 per month! Building has been updated with newer roof, dual pane windows, tile flooring, appliances, countertops, interior/exterior paint, and much, much more! This great income property is situated on a corner lot, and located nearby Tower District, Roeding Park, and freeways. All units have had the air conditioners replaced within the past 3 years and several have new heaters and water heaters. Most of the toilets, light fixtures, ceiling fans, refrigerators, oven/ranges, and window coverings have also been replaced in the past 3 years. There are 5 studio units and two 2 bedroom units. New front fence, and security door at entry. Professionally managed by local and reputable management company.

Last Agent to Sell the Property

Eddie Rendon

Iron Key Real Estate License #01729019 Listed on: 06/16/2016

Last Buyer's Agent

Paul Gestic

Fresno Income Properties License #01376488

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,500 Sq Ft Lot
  • Fenced Yard
  • Corner Lot

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 3,643 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Heated Floors

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • 7 Units
  • Gross Income $37,800

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 72.74
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1927

Interior Features

  • Dishwasher: None
  • Fireplace: One Unit
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 7.00
  • Bedrooms: 7
  • Square Footage: 3643.00

Exterior Features

  • Yard: Sprinkler - Manual, Fenced
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Both

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Floor or Wall Heat, Window or Wall A/C

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.1492
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6500.00
  • Price Per Acre: 1776139.41

Building Info

  • Year Built: 1927

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 37800.00
  • IncomeIncludes: Unit Rent
  • Total Units: 7

MLS Schools

  • School District 2: Fresno Unified

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $350,000 0.0% $96 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $350,000 +32.1% $96 / Sq Ft
08/29/2016 08/29/16 Sold $265,000 0.0% $73 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $265,000 +39.8% $73 / Sq Ft
03/27/2015 03/27/15 Sold $189,500 0.0% $52 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $189,500 -- $52 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joanne Oh

    Seller's Agent in 2020

    Joanne Oh

    Century 21 Jordan-Link & Compa

    (559) 213-3702

    1 in this area

    73 Total Sales

    Joanne Oh
    Section Image
  • Paul Gestic

    Buyer's Agent in 2020

    Paul Gestic

    Fresno Income Properties

    (559) 438-9425

    8 in this area

    142 Total Sales

    Paul Gestic
    Section Image
  • Eddie Rendon

    Seller's Agent in 2016

    Eddie Rendon

    Iron Key Real Estate

    (559) 960-7270

    126 Total Sales

    Eddie Rendon
    Section Image

  • W

    Seller's Agent in 2015

    Warren Fortier

    Real Broker

    3 in this area

    206 Total Sales

    Warren Fortier
    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Larry Alhadeff

    Coldwell Banker Premier R.E

See All Agents

Map

Source: Fresno MLS

MLS Number: 465570

Fresno MLS
California Fresno County Fresno 93728 Tower District

642 N Thorne Ave, Fresno, CA

This home is located at 642 N Thorne Ave, Fresno, CA 93728 and is currently priced at $265,000, approximately $72 per square foot. This property was built in 1927. 642 N Thorne 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.

Nearby Homes