NOT LISTED FOR SALE

1435 Cottage Place Porterville, CA 93257

Porterville Northwest Neighborhood

Estimated Value: $488,000 - $563,000

9 Beds
6 Baths
1 Sq Ft
$522,832/Sq Ft Est. Value

Last Sold February 05, 2016

Last sale price $285,000 $285,000 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,165/month

110 Days on Market

About This Home

As of February 2016

Owner Will Carry Terms! These are the best Multi-Family Units available in Porterville right now. Beautiful triplex with each unit having 3 bedrooms and 2 full bathrooms and a single car garage. Each tenant pays their own water, sewer and trash. This is a very clean, well maintained investment property. The triplex next door at 1445 N. Cottage Place is also for sale at the same price and terms. This can be a real money maker for years to come!

Last Agent to Sell the Property

Mike Brown

Melson Realty, Inc. License #00686133 Listed on: 09/03/2015

Last Buyer's Agent

Mike Brown

Melson Realty, Inc. License #00686133 Listed on: 09/03/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,053

Year Built

  • Built in 1993

Lot Details

  • 10,308 Sq Ft Lot
  • Waterfront

Home Design

  • Triplex

Interior Spaces

  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for trash collection, electricity, gas, water
  • Assessor Parcel Number 247300027000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,053

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 10308
  • Directions: From the corner of Hwy. 65 and Pioneer, go East on Pioneer to Cottage, turn North on Cottage to subject property.
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1993
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 9

Exterior Features

  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Waterfront Features:Waterfront2: Yes

Garage/Parking

  • Unit 1:Garage Spaces: 1
  • Unit 2:Garage Spaces2: 1
  • Unit 3:Garage Spaces3: 1
  • Unit 1:Garage Attached: Yes
  • Unit 2:Garage Attached2: Yes
  • Unit 3:Garage Attached3: Yes

Utilities

  • Laundry Features: Inside
  • Utilities: Sewer Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 10308.0
  • Parcel #: 247300027000
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection, Electricity, Gas, Water

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Garcia Jesus Saul Madrigal and Zepeda Guadalupe Torres
Bought by
Garcia Jesus Saul Madrigal and Zepeda Guadalupe Torres
Current Estimated Value
$522,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$239,924
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$273,303

Purchase Details

Closed on
Mar 24, 2020
Sold by
Della Dustin J
Bought by
Garcia Jesus Saul Madrigal and Zepeda Guadalupe Torres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,700
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2015
Closed on
Feb 1, 2016
Sold by
Della Tracy
Bought by
Della Dustin J
Seller's Agent
Mike Brown
Melson Realty, Inc.
Buyer's Agent
Mike Brown
Melson Realty, Inc.
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$164,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2015
Closed on
Jan 5, 2016
Sold by
Nicholson Daryl C
Bought by
Della Dustin J
Seller's Agent
Mike Brown
Melson Realty, Inc.
Buyer's Agent
Mike Brown
Melson Realty, Inc.
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Garcia Jesus Saul Madrigal -- First American Title Company
Garcia Jesus Saul Madrigal $349,000 Stewart Title Of Ca Inc
Della Dustin J -- First American Title Company
Della Dustin J $285,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jesus Saul Madrigal $265,000
Closed Garcia Jesus Saul Madrigal $261,700
Previous Owner Della Dustin J $164,000
Previous Owner Nicholson Daryl C $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2016 02/05/16 Sold $285,000 0.0% $285,000 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $285,000 -- $285,000 / 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 $4,053 $381,680 $54,681 $326,999
2024 $4,053 $374,197 $53,609 $320,588
2023 $4,050 $366,860 $52,558 $314,302
2022 $3,925 $359,668 $51,528 $308,140
2021 $3,879 $352,616 $50,518 $302,098
2020 $3,392 $308,493 $54,121 $254,372
2019 $3,332 $302,444 $53,060 $249,384
2018 $3,272 $296,514 $52,020 $244,494
2017 $2,620 $238,631 $20,811 $217,820
2016 $2,514 $233,952 $20,403 $213,549
2015 $2,478 $230,438 $20,097 $210,341
2014 $2,418 $225,924 $19,703 $206,221
Source: Public Records

Agents Affiliated with this Home

  • Mike Brown

    Seller's Agent in 2016

    Mike Brown

    Melson Realty, Inc.

    (559) 359-4657

    27 in this area

    66 Total Sales

    Mike Brown
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Map

Source: Tulare County MLS

MLS Number: 118130

Tulare County MLS

APN: 247-300-027-000

California Tulare County Porterville 93257 Porterville Northwest

1435 Cottage Place, Porterville, CA

This home is located at 1435 Cottage Place, Porterville, CA 93257 since 03 September 2015 and is currently estimated at $522,832, approximately $522,832 per square foot. This property was built in 1993. 1435 Cottage Place is a home located in Tulare County with nearby schools including Monte Vista Elementary School, Strathmore Elementary School, and Sequoia Middle 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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