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1048 East Michigan Avenue

1048 East Michigan Avenue, Fresno, CA 93704
Property in Tower District
Sold Apr 14, 2021
$265,000
$235,000 by Migran K Kutnerian Declaration
Mortgage Due Apr 14, 2051
Sold Jun 17, 2015
$123,500
Local assessors in Fresno, CA have categorized 1048 East Michigan Avenue as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 8,100 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1048 East Michigan Avenue has a total of 1,800 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 880 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on a refrigeration air conditioning system for their cooling system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1048 East Michigan Avenue sold most recently in Jan 8, 2021 for a total of $265,000. If you work out the math, that's approximately a cost of $147.22 per sqft. Before that, the property was also sold for $123,500 in Jun 9, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,495 in taxes each year. The initial year of tax delinquency occurred in 2021. 1048 East Michigan Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $275,706. If we break it down further, the land itself was valued at $41,616. Improvements to the property, however, were assessed at a total of $234,090. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 880
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORMAL VILLA
  • Land Acres: 0.186
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: E 1/2 OF LOT 31 NORMAL VILLA

Ownership

  • Current Owner : SMITH LARRY
  • Current Owner 2: SMITH ANGELA
  • Previous Owner : ASATRIAN ARMAN
  • Previous Owner 2: ASATRIAN MIGRAN KUTNERIAN
  • Owner Before Previous Owner: SALDIVAR MILINDA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Fresno Unified School District
  • Census Tract: 003500

Zoning

  • Zoning: R2A

Geography

  • Assessors Map Reference: 124-E1
  • Parcel: 443-173-10
  • Lot: 31
  • Municipality: FRESNO CITY
  • Latitude: 36.7765
  • Longitude: -119.798

    Address

  • Full Address: 1048 E Michigan Ave
  • Address - House Number: 1048
  • Street Direction: E
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Fresno
  • Carrier Code: C024
  • 4-Digit Zip Code: 5660
  • Zip Code: 93704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,495
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 005-001

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 373,203
  • High Value: 544,521
  • Low Value: 201,884

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,000
  • First Open Lien Mortgage Lender: MIGRAN K KUTNERIAN DECLARATION
  • First Open Lien Mortgage Recording Date: Apr 14, 2021
  • First Open Lien Mortgage Loan Amount: $235,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 14, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,706
  • Assessed Land Value: $41,616
  • Assessed Improvements Value: $234,090

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11832578952
  • Current Sale Price: $265,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0061203
  • Previous Sale Recording Date: Jun 17, 2015
  • Previous Sale Contract Date: Jun 09, 2015
  • Previous Sale Amount: $123,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MIGRAN K KUTNERIAN DECLARATION
  • First Mortgage Transaction Date: Apr 14, 2021
  • First Mortgage Loan Amount: $235,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1048 East Michigan Avenue located in?
The 1048 East Michigan Avenue is a located in the neighborhood of Tower District in Fresno High-Roeding, Fresno.
What is the average sales price for listings in 1048 East Michigan Avenue?
The average sales price for units in 1048 East Michigan Avenue is $0 currently.

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