NOT LISTED FOR SALE

85 W Barstow Ave Clovis, CA 93612

10 Beds
8 Baths
4,924 Sq Ft
0.31 Acres

Last Sold January 04, 2016

Last sale price $518,000 $105 Per Sq Ft

201 Days on Market

Highlights

  • Contemporary Architecture
  • 4 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Clark Intermediate School Rated A
  • Tile Flooring
  • 4-minute walk to Rotary Park

About This Home

As of January 2016

Pride of ownership! Highly desirable 4-plex in the Clovis award-winning school district. Recently updated with new exterior paint, newly textured walls and ceilings, new baseboards & tile floors, granite counters and appliances. Each unit has a garage, fireplace, inside utility, and a private backyard. Unit mix is two large 3bed/2bath & two large 2bed/2bath. Long term tenants with below market rents. Convenient location, walking distance to shopping, dining, and transportation.

Last Agent to Sell the Property

Larry Mueller

RE/MAX Star Properties License #00341576 Listed on: 06/15/2015

Last Buyer's Agent

Larry Mueller

RE/MAX Gold Redwood Shores. License #00341576

RE/MAX Gold Redwood Shores.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Lot Details

  • Security Fence

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4,924 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $42,480
  • Month-to-Month Lease Term

Community Details

Overview

  • 4,924 Sq Ft Building

Building Details

  • 4 Leased Units
  • Insurance Expense $1,400
  • Maintenance Expense $2,400
  • Manager Expense $2,100
  • Other Expense $600
  • Utility Expense $1,500
  • Trash Expense $1,500
  • Operating Expense $15,520
  • Gross Income $40,356

Property Details

Home Type

Multi-Family

Year Built

1980

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-4
  • Subclass: Fourplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4924
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Living Sq Ft: 4924
  • Stories: 1
  • Security: Security Fence
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 25510

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13320.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13320.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 12.66
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1400
  • Expense Maintenance: 2400
  • Expense Management: 2100
  • Expenses Other: 600
  • Expenses Total: 15520
  • Expenses Utility: 1500
  • Expense Trash: 1500
  • Income Annual Gross: 40356.00
  • Income Annual Rental: 42480
  • Income Gross Scheduled: 42480
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Accounting/Legal, Contract Services, Fee - License/Advertising, Fee - Professional Services, Fee - Property Management, Fee - Property Tax, Maintenance, Services - Gardener, Services - On-Site Manager, Services - Sewer, Services - Trash Removal, Supplies, Utilities, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 5

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2016 01/04/16 Sold $518,000 -3.7% $105 / Sq Ft
01/02/2016 01/02/16 Pending -- -- --
06/15/2015 06/15/15 For Sale $538,000 +67.6% $109 / Sq Ft
06/24/2012 06/24/12 Sold $321,000 0.0% $65 / Sq Ft View Prior Sale
05/11/2012 05/11/12 Pending -- -- --
04/15/2012 04/15/12 For Sale $321,000 -- $65 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Larry Mueller

    RE/MAX

  • Derek Feramisco

    Seller's Agent in 2012

    Derek Feramisco

    RC Commercial

    (559) 448-1500

    2 in this area

    25 Total Sales

    Derek Feramisco
    Section Image
  • Bob Wiginton

    Seller Co-Listing Agent in 2012

    Bob Wiginton

    Realty Concepts, Ltd. - Fresno

    (559) 590-1533

    36 in this area

    212 Total Sales

    Bob Wiginton
    Section Image
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Map

Source: MLSListings

MLS Number: ML81470664

MLSListings
California Fresno County Clovis 93612

85 W Barstow Ave, Clovis, CA

Not Listed for Sale

MultiFamily

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