NOT LISTED FOR SALE

748 Spruce Ave Clovis, CA 93611

Clovis Area
6 Beds
6 Baths
3,285 Sq Ft
10,296 Sq Ft Lot

Sale Details

Date Sold: November 24, 2020

Last sale price $750,000 $228 Per Sq Ft

10 Days on Market

Highlights

  • Golf Course Community
  • No HOA
  • Central Heating and Cooling System
  • Century Elementary School Rated A
  • Tile Flooring
  • 5 Car Garage

About This Home

As of November 2020

HARD to find Tri-Plex with 5 car garages in a preferred area of Clovis, Ca. North of Herndon Ave. Located a short distance to Downtown Clovis. Two units have their own 2 car garages. Sellers have taken such Pride of ownership on this property. Sellers just had a brand new roof installed in July 2020, Brand new A/C system in Sept 2020 in Unit #103. The sale of this property will NOT be contingent upon Sellers finding a replacement property in a 1031 exchange. So we can close quickly. So, if you are looking for a sound investment property..look no further.. Call for details.

Last Agent to Sell the Property

Dennis Etchison

Redfin Corporation License #01275627 Listed on: 09/21/2020

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 10,296 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Fence is in average condition

Parking

  • 5 Car Garage
  • 2 Open Parking Spaces
  • Side Facing Garage
  • Two Garage Doors
  • Driveway
  • On-Street Parking
  • Parking Lot

Home Design

  • Property Attached
  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,285 Sq Ft Home
  • 1-Story Property
  • Zero Clearance Fireplace
  • Family Room with Fireplace
  • Laundry in unit

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Water Heater

Additional Features

  • Rain Gutters
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 3
  • Tax Tract Number 4475
  • Assessor Parcel Number 56224010

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Golf Course Community
  • Dog Park
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $80
  • Gardener Expense $2,400
  • Insurance Expense $1,295
  • Other Expense $231
  • Pest Control $480
  • Trash Expense $2,573
  • New Taxes Expense $9,690
  • Operating Expense $16,518
  • Net Operating Income $23,262

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

10,296 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: R-2
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 56224010
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Fireplace Features: Family Room, Zero Clearance
  • Levels: One
  • Price Per Square Foot: 228.31

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking Features: Driveway, Garage, Garage Faces Side, Garage - Single Door, Garage - Two Door, Parking Space, Street
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Inside
  • Pest Control Expense: 480.00
  • Sewer: Public Sewer
  • Trash Expense: 2573.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Golf, Gutters, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10296.00
  • Lot Size Acres: 0.2364
  • Latitude Manual: 36.84093200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 1118 Square Feet
  • Electric Expense: 80.00
  • Gross Scheduled Income: 39780.00
  • Insurance Expense: 1295.00
  • Lot Size Area: 10296.0000 Square Feet
  • Net Operating Income: 23262.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 16518.00
  • Other Expense: 231.00
  • Other Expense Description: f/Inspec
  • Rent Control: No
  • Total Actual Rent: 3315.00
  • Total Expenses: 16518.00

Tax Info

  • New Taxes Expense: 9690.00
  • Tax Census Tract: 55.13
  • Tax Lot: 3
  • Tax Tract Number: 4475

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2021
Sold by
Bought by

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 8, 2020
Sold by
Bought by
Seller's Agent
Dennis Etchison
Redfin Corporation
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$759,950
Sold Price
$750,000
Premium/Discount to List
-$9,950
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 7, 2020
Sold by
Bought by
Seller's Agent
Dennis Etchison
Redfin Corporation
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$759,950
Sold Price
$750,000
Premium/Discount to List
-$9,950
-1.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2013
Sold by
Bought by

Purchase Details

Closed on
May 21, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
0.0374%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
0.0565%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
0.0633%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2006
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
0.067%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
0.067%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,100
Interest Rate
0.0764%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$750,000 Fidelity National Title Co
$725,000 Old Republic Title Company
-- Old Republic Title Company
-- None Available
-- None Available
-- Equity Title
-- Chicago Title Company
-- None Available
$600,000 Stewart Title Of California
-- None Available
-- None Available
-- --
-- Chicago Title Co
-- --
-- --
-- --
$240,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $525,000
Previous Owner $360,000
Previous Owner $385,000
Previous Owner $412,500
Previous Owner $270,000
Previous Owner $394,725
Previous Owner $127,500
Previous Owner $128,100
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
11/24/2020 11/24/20 Sold $750,000 -1.3% $228 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $759,950 -- $231 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,718 $795,905 $79,590 $716,315
2023 $9,538 $765,000 $76,500 $688,500
2022 $9,242 $750,000 $75,000 $675,000
2021 $7,693 $630,000 $65,000 $565,000
2020 $7,150 $580,000 $60,000 $520,000
2019 $6,147 $495,000 $60,000 $435,000
2018 $4,366 $345,000 $60,000 $285,000
2017 $4,022 $315,000 $55,000 $260,000
2016 $3,792 $300,000 $50,000 $250,000
2015 $3,442 $270,000 $45,000 $225,000
2014 $3,445 $270,000 $45,000 $225,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: FR20197496

California Regional Multiple Listing Service (CRMLS)
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