NOT LISTED FOR SALE

1257 Olema Cir Tulare, CA 93274

Tulare Northwest Neighborhood

Estimated Value: $311,000 - $384,000

3 Beds
2.5 Baths
1,361 Sq Ft
$247/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $214,458 $158 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,049/month

4 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property

About This Home

As of November 2020

This property is to be sold as part of a Portfolio. Investors Dream! Opportunity to grow 10+/- Years investing in one single shot!
Price $4,950,000, Well maintained 37 Doors Portfolio Bringing in $431,856 in Rents/Year. Portfolio is composed of 27 single family homes (Home Values ranging from $150-290K), 2 Duplexes and 1 Sixplex. Properties are fully rented and tenants are all up to date with rents, all properties located in Visalia/Tulare/Porterville. Portfolio valued at $6M+. List of addresses along with sqft, Year Built and rent break down attached. Portfolio is managed locally by Total PM for over 10 years and have yearly inspections on file for ALL units. PM currently only charges 7% to manage it and would keep it at that rate for the new buyer.

Last Agent to Sell the Property

Hialys Sousa

Keller Williams Realty Tulare County License #01945621 Listed on: 08/23/2020

Keller Williams Realty Tulare County

Last Buyer's Agent

Matt Graham

MD Graham & Associates, Inc. License #01804235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,615

Year Built

  • Built in 1992

Lot Details

  • 5,250 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,361 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 169350054000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,615

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Lot Size: buyer to verify
  • Directions: From the corner of N West St and W Cross St, go North on N West St, turn East onto Capistrano Ave, South onto Sand Diego St, West onto Olema Circle. Property is on the South side of Olema.
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1992
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No

Exterior Features

  • Roof: Other

Garage/Parking

  • Garage Spaces: 2.0
  • General Information:Garage: Yes
  • General Information:_pound_ of Garage Spaces: 2.0

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Other3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5250.0
  • Additional Parcels: No
  • Parcel #: 169350054000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2020
Closed on
Nov 23, 2020
Sold by
Commeret Alejandra
Bought by
Commeret Jeremy
Seller's Agent
Hialys Sousa
Keller Williams Realty Tulare County
Buyer's Agent
Matt Graham
MD Graham & Associates, Inc.
List Price
$214,458
Sold Price
$214,458
Current Estimated Value
$336,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,604
Avg. Annual Appreciation
8.91%

Purchase Details

Closed on
Mar 28, 2017
Sold by
Blain Nicole
Bought by
Blain Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,553,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2016
Sold by
Sierra Six Properties Llc
Bought by
Blain Allan and Blain Nicole

Purchase Details

Closed on
Jan 17, 2012
Sold by
Gonzalez Jose L
Bought by
Sierra Six Properties Llc

Purchase Details

Closed on
Jan 25, 2007
Sold by
Ultra Investment Inc
Bought by
Gonzalez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2005
Sold by
Flores Pedro and Flores Adelina
Bought by
Ultra Investments Inc

Purchase Details

Closed on
May 20, 2003
Sold by
Flores Pedro and Flores Adelina
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Apr 3, 1998
Sold by
Hud
Bought by
Flores Pedro and Flores Adelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,801
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 1997
Sold by
Mission Hills Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 12, 1997
Sold by
Perry Steven A
Bought by
Mission Hills Mtg Corp
Source: Public Records

Range of Values:

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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
Commeret Jeremy -- Chicago Title Company
Blain Allan -- Chicago Title Company
Blain Allan -- Chicago Title Company
Blain Allan -- None Available
Sierra Six Properties Llc -- None Available
Gonzalez Jose L $200,000 Financial Title Company
Ultra Investments Inc $201,000 --
Washington Mutual Bank Fa $112,292 North American Title Co
Flores Pedro $85,500 North American Title Co
Hud -- --
Mission Hills Mtg Corp $93,172 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blain Allan $1,553,000
Previous Owner Blain Allan $1,553,000
Previous Owner Sierra Six Properties Llc $2,300,000
Previous Owner Gonzalez Jose L $160,000
Previous Owner Flores Pedro $96,900
Previous Owner Flores Pedro $84,801
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $214,458 0.0% $158 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/23/2020 08/23/20 For Sale $214,458 -- $158 / 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 $2,615 $231,638 $48,709 $182,929
2024 $2,615 $227,097 $47,754 $179,343
2023 $2,551 $222,645 $46,818 $175,827
2022 $2,479 $218,280 $45,900 $172,380
2021 $2,432 $214,000 $45,000 $169,000
2020 $1,875 $159,181 $42,448 $116,733
2019 $1,909 $156,060 $41,616 $114,444
2018 $2,011 $153,000 $40,800 $112,200
2017 $1,013 $81,711 $32,468 $49,243
2016 $971 $80,108 $31,831 $48,277
2015 $939 $78,905 $31,353 $47,552
2014 $939 $77,360 $30,739 $46,621
Source: Public Records

Agents Affiliated with this Home

  • Hialys Sousa

    Seller's Agent in 2020

    Hialys Sousa

    Keller Williams Realty Tulare County

    (559) 802-0348

    19 in this area

    287 Total Sales

    Hialys Sousa
    Section Image
  • Matt Graham

    Buyer's Agent in 2020

    Matt Graham

    MD Graham & Associates, Inc.

    (559) 754-3017

    5 in this area

    42 Total Sales

    Matt Graham
    Section Image
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Map

Source: Tulare County MLS

MLS Number: 206346

Tulare County MLS

APN: 169-350-054-000

California Tulare County Tulare 93274 Tulare Northwest

1257 Olema Cir, Tulare, CA

This home is located at 1257 Olema Cir, Tulare, CA 93274 since 23 August 2020 and is currently estimated at $336,062, approximately $246 per square foot. This property was built in 1992. 1257 Olema Cir is a home located in Tulare County with nearby schools including Maple Elementary School, Los Tules Middle School, and Tulare Western High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Tulare County MLS Based on information from the Tulare County Association of REALTORS®. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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