NOT LISTED FOR SALE

8663 E Floral Ave Selma, CA 93662

Estimated Value: $767,000 - $859,325

2.37 Acres
$343,107 Price per Acre
103,237 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $775,000 $8 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,022/month

23 Days on Market

About This Lot

As of April 2022

Prime location across the street from Selma Walmart. Easy access to Highway 99. Selma general plan calls for the area to be regional commercial. See attached appraisal for more details. Buyer to cooperate with Seller's IRC 1031 Tax deferred exchange at no cost to buyer.

Last Agent to Sell the Property

Glenn Hammerburg

Realty Fresno License #00839342 Listed on: 01/17/2022

Last Buyer's Agent

Vijay Raman

Xander Mortgage & Real Estate License #01987930

Property Details

Property Type

  • Land

Lot Details

  • 2.37 Acre Lot
  • Level Lot
  • Property is zoned AE20

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Lots
  • Property Sub Type: Commercial
  • Improvements: None
  • Accessibility: City Streets
  • Unique Conditions: 1031 Exchange
  • Special Features: None

Utilities

  • Gas And Electric: None
  • Sewer/Water: None

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 2.3700
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 103237.00
  • Price Per Acre: 327004.22
  • Potential Use: Commercial
  • Land Description: Level

MLS Schools

  • School District 2: Selma
  • School Type: High School
  • School Name: Selma
  • School Type: Junior High School
  • School Name: Lincoln
  • School Type: Grade School
  • School Name: Garfield
  • Schools Comment: Buyer to verify if important

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Mar 7, 2022
Sold by
Najafi Family Trust
Bought by
Desai Umar Farooq and Desai Abeda Farooq
Seller's Agent
Glenn Hammerburg
Realty Fresno
Buyer's Agent
Vijay Raman
Xander Mortgage & Real Estate
List Price
$775,000
Sold Price
$775,000
Current Estimated Value
$813,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,163
Avg. Annual Appreciation
1.27%

Purchase Details

Closed on
Mar 1, 2016
Sold by
Jba Floral Llc
Bought by
Najafi Family Trust

Purchase Details

Closed on
Jul 3, 2006
Sold by
Wadhwa Ashok and Wadhwa Neelam
Bought by
Red Rock Ventures Llc

Purchase Details

Closed on
Nov 15, 2004
Sold by
Derderian Karen A and Derderian Lynn L
Bought by
Wadhwa Ashok and Wadhwa Neelam

Purchase Details

Closed on
Sep 28, 2000
Sold by
Kim Harry and Kim Satoko
Bought by
Mittry Richard

Purchase Details

Closed on
Sep 20, 2000
Sold by
Derderian Karen A and Derderian Lynn L
Bought by
Derderian Karen A and Derderian Lynn L

Purchase Details

Closed on
Nov 19, 1999
Sold by
Va
Bought by
Kurkjian Phillip and Kurkjian Helen Z

Purchase Details

Closed on
Mar 11, 1999
Sold by
Kurkjian Helen
Bought by
Kurkjian Helen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Desai Umar Farooq $775,000 Old Republic Title
Najafi Family Trust $135,000 First American Title Company
Red Rock Ventures Llc $1,050,000 Chicago Title Company
Wadhwa Ashok $650,000 First American Title Ins Co
Mittry Richard $100,000 --
Derderian Karen A -- --
Kurkjian Phillip -- --
Kurkjian Helen -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $775,000 0.0% $8 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $775,000 -- $8 / 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 $9,593 $822,436 $822,436 --
2023 $9,391 $790,500 $790,500 $0
2022 $5,087 $446,206 $446,206 $0
2021 $4,989 $437,457 $437,457 $0
2020 $4,970 $432,972 $432,972 $0
2019 $4,881 $424,483 $424,483 $0
2018 $4,735 $416,160 $416,160 $0
2017 $4,692 $408,000 $408,000 $0
2016 $6,634 $620,000 $620,000 $0
2015 $7,172 $620,000 $620,000 $0
2014 $6,896 $620,000 $620,000 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Glenn Hammerburg

    Realty Fresno

    (559) 240-6135

    1 in this area

    76 Total Sales

    Glenn Hammerburg
    Section Image

  • V

    Buyer's Agent in 2022

    Vijay Raman

    Xander Mortgage & Real Estate

    (559) 341-7045

    1 in this area

    14 Total Sales

    Vijay Raman
    Section Image
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Map

Source: Fresno MLS

MLS Number: 571677

Fresno MLS

APN: 385-260-03

California Fresno County Selma 93662

8663 E Floral Ave, Selma, CA

Not Listed for Sale

Lots

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