NOT LISTED FOR SALE
12 Beds
12 Baths
7,832 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: August 31, 2022

Last sale price $1,000,000 $128 Per Sq Ft

3 Days on Market

About This Home

As of August 2022

Nice curb appeal, well maintained and exterior recently painted. Fully occupied two story, 12 unit complex located in the Tower District just south of City College. All unit door entrances are inside the building which is a nice security feature. Numerous long term Tenants reside here, rents are on the low side and most likely do not reflect current rental potential value. 12 studio apartments, 4 have a bonus room that could accommodate a bed. 8 parking spaces on property, street parking available.

Last Agent to Sell the Property

Steve Oliver

Hyatt Real Estate License #01264549 Listed on: 07/28/2022

Last Buyer's Agent

Jeffrey Kim

The JKRE Investment Group License #01456017

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 11,250 Sq Ft Lot
  • Fenced Yard
  • Front Yard Sprinklers

Parking

  • Uncovered Parking

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 7,832 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • 12 Units
  • Gross Income $75,836

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0.26 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 127.68
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1934

Interior Features

  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 12.00
  • Bedrooms: 12
  • Square Footage: 7832.00

Exterior Features

  • Yard: Sprinkler - Front, Fenced, Mature Landcsape
  • Roofing: Composition, Other
  • Exterior: Stucco
  • Foundation: Both

Garage/Parking

  • Additional Parking: Uncovered

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

Lot Info

  • Acres: 0.2583
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11250.00
  • Price Per Acre: 3871467.29

Building Info

  • Year Built: 1934

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 75836.00
  • IncomeIncludes: Unit Rent, Month to Month
  • Total Units: 12

MLS Schools

  • School District 2: Fresno Unified

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

Listed on
Jul 28, 2022
Closed on
Aug 25, 2022
Sold by
James Kirk Brian
Bought by
Seller's Agent
Steve Oliver
Hyatt Real Estate
Buyer's Agent
Jeffrey Kim
The JKRE Investment Group
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Purchase Details

Closed on
Aug 27, 2019
Sold by
Kirk Brian James and Kirk Kathryn
Bought by
Kirk Brian James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2015
Sold by
Pound Steven E and Pound Pam
Bought by
Kirk James Brian

Purchase Details

Closed on
Oct 31, 2011
Sold by
Maldonado Wilma and Maldonado Wilma K
Bought by
Maldonado Wilma and The Wilma Maldonado Family Trust

Purchase Details

Closed on
Jan 27, 1998
Sold by
The Harvey P Gardner Trust
Bought by
Maldonado Wilma
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,000,000 Fidelity National Title
Kirk Brian James -- Stewart Title Of Ca Inc
Kirk James Brian -- None Available
Maldonado Wilma -- None Available
Maldonado Wilma -- --
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 $217,000
Previous Owner Kirk Brian James $35,000
Previous Owner Maldonado Wilma $300,000
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
08/31/2022 08/31/22 Sold $1,000,000 -9.1% $128 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $1,100,000 -- $140 / Sq Ft
Source: Fresno MLS

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
2026 $13,723 $1,061,207 $58,366 $1,002,841
2025 $13,723 $1,040,400 $57,222 $983,178
2023 $13,208 $1,006,400 $55,000 $951,400
2022 $6,237 $466,791 $40,671 $426,120
2021 $6,072 $457,639 $39,874 $417,765
2020 $6,047 $452,948 $39,466 $413,482
2019 $5,823 $444,068 $38,693 $405,375
2018 $5,701 $435,362 $37,935 $397,427
2017 $5,659 $431,007 $37,192 $393,815
2016 $5,477 $422,359 $36,463 $385,896
2015 $5,138 $394,900 $36,000 $358,900
2014 $4,758 $365,400 $34,000 $331,400
Source: Public Records

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Map

Source: Fresno MLS

MLS Number: 582066

Fresno MLS
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