NOT LISTED FOR SALE

723 E Belmont Ave Fresno, CA 93701

Lowell Neighborhood

Estimated Value: $279,000 - $549,000

5 Beds
2 Baths
3,166 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 02, 2013

Last sale price $90,000 $28 Per Sq Ft

Est. 329% increase in value since last sale

Current estimated payment $2,289/month

135 Days on Market

Highlights

  • Fenced Yard
  • Refrigerated and Evaporative Cooling System
  • Wood Siding
  • Central Heating

About This Home

As of July 2013

Traditional Sale Huge Duplex! Downtown beauty with plenty of charm. 1 unit is a 3BR/1BA and the other a 2BR/1BA both with fireplace and over 1,400 sq ft of living space each. This building is huge so tenants can live comfortably. It also has plenty of parking space and a good size backyard. The 3/1 is currently rented out for $700.00 and those tenants plan on staying. The 2/1 is vacant so you can see the condition of the unit with no distractions. Seller has no plans on renting the 2/1 so buyer's can choose their own tenants. Property needs a little TLC to bring out the diamond in it. Location is convenient within a mile of the Tower District, City College, Freeways, and much more. This property is also zoned C-6 for a possible business in the feature.

Last Agent to Sell the Property

Nicholas Guerrero

HomeSmart PV and Associates License #01858049 Listed on: 01/22/2013

HomeSmart PV and Associates

Last Buyer's Agent

Matt Garabedian

Royal Realty Property Manageme License #01842596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1918

Lot Details

  • 9,000 Sq Ft Lot
  • Fenced Yard

Parking

  • Uncovered Parking

Home Design

  • Duplex
  • Wood Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,166 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,408

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 28.43
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1918

Interior Features

  • Dishwasher: None
  • Disposal: None
  • Fireplace: All Units
  • Refrigerator: None
  • Stove: All units
  • Bathrooms: 2.00
  • Bedrooms: 5
  • Square Footage: 3166.00

Exterior Features

  • Yard: Fenced
  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Uncovered

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2066
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 9000.00
  • Price Per Acre: 435624.39

Building Info

  • Year Built: 1918

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • IncomeIncludes: Other
  • Total Units: 2

MLS Schools

  • School District 2: Fresno Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2019
Sold by
Thomson Joshua and Thomson Pauli Ann
Bought by
Aliy Properties Llc
Current Estimated Value
$386,262

Purchase Details

Listed on
Jan 22, 2013
Closed on
Jun 12, 2013
Sold by
Hovannisian Ralph and Hovannisian Janet
Bought by
Thomson Joshua and Thomson Pauli Ann
Seller's Agent
Nicholas Guerrero
HomeSmart PV and Associates
Buyer's Agent
Matt Garabedian
Royal Realty Property Manageme
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%

Purchase Details

Listed on
Jun 29, 2011
Closed on
Feb 23, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Hovannisian Ralph and Hovannisian Janet
Seller's Agent
David Osborne
Real Home Services and Soluti
Buyer's Agent
Non Member
Non Member Office
List Price
$60,000
Sold Price
$43,399
Premium/Discount to List
-$16,601
-27.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.34%

Purchase Details

Closed on
Apr 20, 2011
Sold by
Cruz Miriam Del Carmen
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 22, 2005
Sold by
Huerta Alvaro
Bought by
Cruz Miriam Del Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 13, 2005
Sold by
Cal K & M Properties Llc
Bought by
Huerta Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 28, 2005
Sold by
W J Properties I Llc
Bought by
Cal K & M Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,600
Interest Rate
5.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 30, 2004
Sold by
Huerta Alvaro
Bought by
W J Properties 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 10, 2003
Sold by
Fiori Charlie
Bought by
Huerta Alvaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,948
Interest Rate
7.5%

Purchase Details

Closed on
Aug 23, 1999
Sold by
James Olson W
Bought by
Fiori Charlie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.86%
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
Aliy Properties Llc $165,000 Placer Title Company
Thomson Joshua $90,000 Fidelity National Title Co
Hovannisian Ralph $43,500 Fidelity National Title Co
Deutsche Bank National Trust Company $145,000 None Available
Cruz Miriam Del Carmen $257,500 Alliance Title Company
Huerta Alvaro -- Alliance Title Company
Cal K & M Properties Llc -- --
W J Properties 1 Llc -- Stewart Title Of Fresno
Huerta Alvaro $127,000 Financial Title Company
Fiori Charlie $40,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Miriam Delcarmen $240,000
Previous Owner Cruz Miriam Del Carmen $206,000
Previous Owner Huerta Alvaro $38,600
Previous Owner W J Properties 1 Llc $50,000
Previous Owner Huerta Alvaro $106,948
Previous Owner Fiori Charlie $50,000
Previous Owner Fiori Charlie $30,000
Closed Fiori Charlie $10,000
Closed Huerta Alvaro $26,737
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2013 07/02/13 Sold $90,000 0.0% $28 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
01/22/2013 01/22/13 For Sale $90,000 +107.4% $28 / Sq Ft
02/28/2012 02/28/12 Sold $43,399 -27.7% $14 / Sq Ft
01/03/2012 01/03/12 Pending -- -- --
06/29/2011 06/29/11 For Sale $60,000 -- $19 / 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 $2,408 $184,056 $50,196 $133,860
2023 $2,364 $176,911 $48,248 $128,663
2022 $2,333 $173,443 $47,302 $126,141
2021 $2,272 $170,043 $46,375 $123,668
2020 $2,262 $168,300 $45,900 $122,400
2019 $1,284 $98,898 $38,460 $60,438
2018 $1,257 $96,959 $37,706 $59,253
2017 $1,236 $95,059 $36,967 $58,092
2016 $1,197 $93,196 $36,243 $56,953
2015 $1,179 $91,797 $35,699 $56,098
2014 $1,153 $90,000 $35,000 $55,000
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Guerrero

    Seller's Agent in 2013

    Nicholas Guerrero

    HomeSmart PV and Associates

    (559) 270-5733

    1 in this area

    89 Total Sales

    Nicholas Guerrero
    Section Image
  • Matt Garabedian

    Buyer's Agent in 2013

    Matt Garabedian

    Royal Realty Property Manageme

    (559) 978-2241

    13 Total Sales

    Matt Garabedian
    Section Image

  • D

    Seller's Agent in 2012

    David Osborne

    Real Home Services and Soluti

  • N

    Buyer's Agent in 2012

    Non Member

    Non Member Office

See All Agents

Map

Source: Fresno MLS

MLS Number: 403285

Fresno MLS

APN: 452-272-11

California Fresno County Fresno 93701 Lowell

723 E Belmont Ave, Fresno, CA

This home is located at 723 E Belmont Ave, Fresno, CA 93701 since 22 January 2013 and is currently estimated at $386,262, approximately $122 per square foot. This property was built in 1918. 723 E Belmont 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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