NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: December 2, 2015

Last sale price $295,000

140 Days on Market

About This Home

As of December 2015

Freshly Painted Exterior stucco and wood trim (first week of July)! Really nice 6-unit property now for sale in the heart of Visalia close to great shopping, employment centers, schools. The property is composed of 2 professionally maintained triplex buildings blessed with 6 tenants that when interviewed, said they enjoy living in the building/area. Tenants are all good people, probably the nicest most appreciative tenants I have met. 2 units are 1 bedroom/1 bath renting 525-550, and 4 units are 2 bedroom/1 bath renting 525-595. Tenants pay their own gas/electric bills. Most of the AC units are newer replaced in last several years. 2 rear units have longer term tenants. The other 4 have had some recent rehab/refurbish with some new tile floors, countertops, etc. Plenty of upside potential on rents!

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 06/15/2015

Keller Williams Realty

Last Buyer's Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 06/15/2015

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 0.26

Parking

  • Carport
  • 6 Car Parking Spaces

Additional Features

  • 1-Story Property
  • 11,315 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 096284018

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $39,240
  • Net Operating Income $23,322

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.26 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1968
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Other-Outlying
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Lot Size Sq Ft: 11315.00
  • Parcel #: 096284018

Multi Family

  • Total Annual Expense: 15918.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 6
  • Annual Gross Income: 39240.00
  • Property Net Operating Income: 23322.00

MLS Schools

  • Elementary School: Other-Outlying

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Oct 9, 2015
Sold by
Bought by
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
0.0373%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
0.0574%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2003
Sold by
Bought by

Purchase Details

Closed on
May 28, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$295,000 Chicago Title Company
-- --
-- First American Title Co
-- First American Title Co
$259,000 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $221,250
Previous Owner $214,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/02/2015 12/02/15 Sold $295,000 -1.3% --
11/02/2015 11/02/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $299,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,694 $349,220 $76,947 $272,273
2024 $3,694 $342,374 $75,439 $266,935
2023 $3,593 $335,661 $73,960 $261,701
2022 $3,432 $329,080 $72,510 $256,570
2021 $3,437 $322,627 $71,088 $251,539
2020 $3,620 $319,319 $70,359 $248,960
2019 $3,296 $313,057 $68,979 $244,078
2018 $3,234 $306,918 $67,626 $239,292
2017 $3,179 $300,900 $66,300 $234,600
2016 $3,141 $295,000 $65,000 $230,000
2015 $3,408 $319,771 $73,428 $246,343
2014 $3,357 $313,507 $71,990 $241,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21507003

Bakersfield Association of REALTORS® / GEMLS
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