NOT LISTED FOR SALE

Estimated Value: $468,000 - $557,000

8 Beds
8 Baths
3,398 Sq Ft
$154/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $350,000 $103 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,183/month

247 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Laundry Facilities
  • Wood Patio
  • 1 Car Garage
  • West Facing Home

About This Home

As of February 2020

2-Story Fourplex with all units being 2 bedrooms and 2 bathrooms. 2 units are upstairs and 2 units are downstairs. 1 unit has a garage and the other 3 have carports. Currently each unit renat rate is $700 per month.

Last Agent to Sell the Property

Rick Conway

Melson Realty, Inc. License #00902730 Listed on: 01/16/2020

Last Buyer's Agent

Luis Alcantar Tapia

Keller Williams Realty Tulare County of Porterville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1992

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x110
  • West Facing Home

Parking

  • 1 Car Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,398 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Wood Patio

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • The owner pays for water, trash collection
  • Assessor Parcel Number 253175002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,065

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 50x110
  • Directions: From the corner of Morton & Main St, go east on Morton, turn south(right) on Third and go to the property, which is on the SE corner of Third & Garden
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1992
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Owner Pays: Water, Trash Collection
  • Total Bedrooms: 8
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • Direction Faces: West
  • Foundation Details: Slab
  • Patio And Porch Features: Wood
  • Roof: Composition
  • Patio and Porch Features:Wood3: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3.0
  • Garage Spaces: 1.0
  • Parking Features: Concrete
  • General Information:Garage: Yes
  • General Information:_pound_ of Garage Spaces: 1.0
  • Parking Features:Concrete6: Yes
  • Unit 1:Garage Spaces: 1
  • Unit 1:Garage Attached: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5663.0
  • Additional Parcels: No
  • Parcel #: 253175002000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Cable TV

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Jose Ruiz Jr
Bought by
Ruiz Jose
Current Estimated Value
$523,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$47,082
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving
Estimated Equity
$464,312

Purchase Details

Closed on
Mar 16, 2022
Sold by
Jose Ruiz Jr
Bought by
Ruiz Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$47,082
Interest Rate
4.16%
Mortgage Type
Credit Line Revolving
Estimated Equity
$464,312

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jan 9, 2020
Sold by
Fernandez Jorge and Cruess Robert
Bought by
Ruiz Jose
Seller's Agent
Rick Conway
Melson Realty, Inc.
Buyer's Agent
Luis Alcantar Tapia
Keller Williams Realty Tulare County of Porterville
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$262,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2018
Sold by
Winter Jacod D
Bought by
Fernandez Jorge and Cruess Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,392
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 23, 2011
Closed on
Jan 19, 2012
Sold by
Leyva Michael
Bought by
Winter Jacob
Seller's Agent
Michael Leyva
Keller Williams Realty - Kings County
Buyer's Agent
Larry Harper
Keller Williams Realty - Kings County
List Price
$189,000
Sold Price
$175,000
Premium/Discount to List
-$14,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$180,000
Interest Rate
3.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 4, 2010
Sold by
The Bank Of New York Mellon
Bought by
Leyva Michael

Purchase Details

Closed on
Jul 23, 2009
Sold by
Flores Manuel E
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jul 24, 2005
Sold by
Bechara Antoine
Bought by
Flores Manuel E and Sanchez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 5, 2005
Sold by
Davarifar Mohammed
Bought by
Bechara Antoine and Antoine Bechara Revocable Trust

Purchase Details

Closed on
Oct 30, 1997
Sold by
Bechara Antoine L
Bought by
Bechara Antoine
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Ruiz Jose -- New Title Company Name
Ruiz Jose -- New Title Company Name
Ruiz Jose $350,000 Stewart Title Of Ca Inc
Fernandez Jorge -- Stewart Title Of Ca Inc
Fernandez Jorge -- None Available
Winter Jacob $175,000 Chicago Title Company
Leyva Michael -- Chicago Title Company
Leyva Michael $145,000 Pasion Title Services
The Bank Of New York Mellon $180,000 Landsafe Title
Flores Manuel E $475,000 Chicago Title Co
Bechara Antoine $150,000 Stewart Title Of California
Bechara Antoine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Jose $50,000
Closed Ruiz Jose $50,000
Previous Owner Ruiz Jose $270,500
Previous Owner Ruiz Jose $262,500
Previous Owner Fernandez Jorge $72,392
Previous Owner Winter Jacob D $194,600
Previous Owner Winter Jacob $180,000
Previous Owner Flores Manuel E $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $350,000 -7.7% $103 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
05/13/2019 05/13/19 For Sale $379,000 +116.6% $112 / Sq Ft
02/08/2012 02/08/12 Sold $175,000 -7.4% $52 / Sq Ft
01/07/2012 01/07/12 Pending -- -- --
11/23/2011 11/23/11 For Sale $189,000 -- $56 / Sq Ft
Source: Tulare County 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 $4,065 $382,774 $54,681 $328,093
2024 $4,065 $375,269 $53,609 $321,660
2023 $4,062 $367,911 $52,558 $315,353
2022 $3,936 $360,698 $51,528 $309,170
2021 $3,890 $353,626 $50,518 $303,108
2020 $3,589 $326,400 $51,000 $275,400
2019 $3,525 $197,046 $33,779 $163,267
2018 $2,132 $193,183 $33,117 $160,066
2017 $2,079 $189,395 $32,468 $156,927
2016 $1,996 $185,681 $31,831 $153,850
2015 $1,966 $182,892 $31,353 $151,539
2014 $1,919 $179,310 $30,739 $148,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 146339

Tulare County MLS

APN: 253-175-002-000