NOT LISTED FOR SALE

7761 S Cherry Ave Fresno, CA 93725

Estimated Value: $681,000 - $692,102

2 Beds
1 Bath
707,414 Sq Ft
$1/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $513,000 $1 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,370/month

7 Days on Market

About This Home

As of December 2020

Incredible investment opportunity! Located in a prime agricultural area, this property is 16.24 acres (per tax records) with a well-kept home and Thompson vines. It has excellent water, with allocation from Fresno Irrigation District (BTV) and a functioning irrigation and domestic well. There's privacy with a gated entrance,2 bed/1 bath home & barn/garage area. In addition, there is also a bath house with a full bathroom and shower. Current production is estimated to be around 1-1.5 tons per acre (BTV). Please contact the listing agent for further information. The property is sold in present condition with no upgrades being made by the seller.

Last Agent to Sell the Property

Brent Sarabian

London Properties, Ltd. License #01852908 Listed on: 01/29/2020

London Properties, Ltd.

Last Buyer's Agent

Brent Sarabian

London Properties, Ltd. License #01852908 Listed on: 01/29/2020

London Properties, Ltd.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,678

Year Built

  • Built in 1945

Lot Details

  • 16.24 Acre Lot

Home Design

  • Farm

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Propane
  • Property is located within a water district
  • Well
  • Septic Tank

Property Details

Property Type

Other

Est. Annual Taxes

$7,678

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Type: Farm
  • Property Sub Type: Vineyard
  • Price Per Square Foot: 375.00
  • Year Built Exception: 0
  • Special Features: None
  • Year Built: 1945

Interior Features

  • Bathrooms: 1.00
  • Bedrooms: 2
  • Bathrooms Display: 1

Utilities

  • Sewer Septic: Septic Tank
  • Utilities: Electricity Available, Propane
  • Water Source: Well, District Water Avail

Condo/Co-op/Association

  • Association: Fresno MLS

Schools

  • School District: 2010

Lot Info

  • Topography: Level to Grade
  • Acres: 16.2400
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 707414.00
  • Price Per Acre: 31588.67
  • Domestic Wells: One
  • Irrigation District: Fresno Irrigation (Buyer to verify)
  • Irrigation Wells: One
  • Major Crop Type: Thompson Seedless

Building Info

  • Year Built: 1945

MLS Schools

  • School District 2: 2010
  • School Type: High School
  • School Name: Washington Colony
  • School Type: Junior High School
  • School Name: Washington Colony
  • School Type: Grade School
  • School Name: Washington Colony
  • Schools Comment: Buyer to verify.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Dec 28, 2020
Sold by
Rasmussen Shirley and Ostergard Liewellyn C
Bought by
Im Sota and Im Chansunthy
Seller's Agent
Brent Sarabian
London Properties, Ltd.
Buyer's Agent
Brent Sarabian
London Properties, Ltd.
List Price
$513,000
Sold Price
$513,000
Current Estimated Value
$681,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,337
Avg. Annual Appreciation
7.15%

Purchase Details

Closed on
Sep 5, 1995
Sold by
Rasmussen Glenn L and Rasmussen Shirley
Bought by
State Of California
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
Im Sota $513,000 Chicago Title Company
Rasmussen Shirley -- Chicago Title Company
State Of California -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $513,000 0.0% $1 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $513,000 -- $1 / 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 $7,678 $555,285 $493,588 $61,697
2023 $7,402 $533,724 $474,422 $59,302
2022 $6,797 $523,260 $465,120 $58,140
2021 $6,679 $513,000 $456,000 $57,000
2020 $2,165 $130,633 $49,751 $80,882
2019 $2,116 $128,073 $48,776 $79,297
2018 $2,070 $125,563 $47,820 $77,743
2017 $2,015 $123,102 $46,883 $76,219
2016 $1,895 $120,689 $45,964 $74,725
2015 $1,870 $118,877 $45,274 $73,603
2014 $1,847 $116,550 $44,388 $72,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 536458

Fresno MLS

APN: 335-031-43