NOT LISTED FOR SALE

1545 E Douglas Ave Visalia, CA 93292

Downtown Visalia Neighborhood

Estimated Value: $240,179 - $450,000

6 Beds
3 Baths
2,340 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $140,000 $60 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $1,995/month

30 Days on Market

About This Home

As of September 2015

Investor opportunity! This fully occupied triplex is located in Northeast Visalia. All units are 2/1's. Eash unit rents for $550 on a monthly basis. Gross income $1650 monthly/ $19800 yearly.

Last Agent to Sell the Property

Mitchell Choboian

Century 21 Jordan-Link & Co/Tulare Listed on: 05/15/2015

Last Buyer's Agent

Leo Maudet

All Estates REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 53 x 165
  • Waterfront

Home Design

  • 2,340 Sq Ft Home
  • Triplex

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, trash collection
  • Assessor Parcel Number 098230005000

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 53 X 165
  • Directions: From Ben Maddox and Houston, South on Ben Maddox, East on Douglas.
  • New Construction: No
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Owner Pays: Water, Trash Collection

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 098230005000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Aug 28, 2015
Sold by
Carranza Guadalupe Valdez
Bought by
Martinez Gamaliel G
Seller's Agent
Mitchell Choboian
Century 21 Jordan-Link & Co/Tulare
Buyer's Agent
Leo Maudet
All Estates REALTORS
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$345,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,545
Avg. Annual Appreciation
9.01%
Original Mortgage
$105,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2015
Sold by
Salinas Gilbert
Bought by
Martinez Gamaliel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2012
Sold by
Jarminski Richard
Bought by
Salinas Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,546
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2012
Sold by
Jarminski Alice
Bought by
Jarminski Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2010
Sold by
Fannie Mae
Bought by
Jarminski Alice

Purchase Details

Closed on
Apr 9, 2010
Sold by
Silva John I
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 13, 2009
Sold by
Silcon Investments Llc
Bought by
Silva John I and Silva Michele R

Purchase Details

Closed on
Apr 3, 2007
Sold by
Silva John I
Bought by
Silcon Investments Llc

Purchase Details

Closed on
Jul 15, 2004
Sold by
Morabito Angelo P
Bought by
Silva John I and Silva Michele R

Purchase Details

Closed on
Jul 19, 2002
Sold by
Mcgowan Ronald L
Bought by
Morabito Angelo P and Morabito Joan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.6%

Purchase Details

Closed on
Dec 29, 1997
Sold by
Atkins M Wayne
Bought by
Mcgowan Ronald L and Mcgowan Raquel T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Gamaliel G -- Chicago Title Company
Martinez Gamaliel G $140,000 Chicago Title Company
Salinas Gilbert $130,000 None Available
Jarminski Richard -- Chicago Title Company
Jarminski Alice $104,000 Old Republic Title Company
Federal National Mortgage Association $173,499 Landsafe Title
Silva John I -- None Available
Silcon Investments Llc -- None Available
Silva John I $229,000 Fidelity National Title Co
Morabito Angelo P $968,000 Fidelity National Title Co
Mcgowan Ronald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Gamaliel G $105,000
Previous Owner Salinas Gilbert $127,546
Previous Owner Jarminski Richard $140,000
Previous Owner Morabito Angelo P $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2015 09/01/15 Sold $140,000 -6.7% $60 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $150,000 +15.4% $64 / Sq Ft
01/07/2014 01/07/14 Sold $130,000 +0.1% $56 / Sq Ft View Prior Sale
11/13/2012 11/13/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $129,900 -- $56 / Sq Ft
Source: Tulare County MLS

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 $2,585 $165,729 $47,351 $118,378
2024 $2,585 $162,480 $46,423 $116,057
2023 $1,708 $159,295 $45,513 $113,782
2022 $1,632 $156,172 $44,621 $111,551
2021 $1,634 $153,110 $43,746 $109,364
2020 $2,564 $151,540 $43,297 $108,243
2019 $1,568 $148,569 $42,448 $106,121
2018 $1,538 $145,656 $41,616 $104,040
2017 $1,622 $142,800 $40,800 $102,000
2016 $1,494 $140,000 $40,000 $100,000
2015 $1,180 $132,683 $35,860 $96,823
2014 $1,180 $108,694 $31,354 $77,340
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mitchell Choboian

    Century 21 Jordan-Link & Co/Tulare

  • L

    Buyer's Agent in 2015

    Leo Maudet

    All Estates REALTORS

  • T

    Seller's Agent in 2014

    Theodore Jeske

    Roy Kendall, Inc.

  • Ted Jeske

    Buyer's Agent in 2014

    Ted Jeske

    Pimentel Realty Group

    (559) 679-6013

    1 in this area

    28 Total Sales

    Ted Jeske
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Map

Source: Tulare County MLS

MLS Number: 115887

Tulare County MLS

APN: 098-230-005-000

California Tulare County Visalia 93292 Downtown Visalia

1545 E Douglas Ave, Visalia, CA

Not Listed for Sale

MultiFamily

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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