NOT LISTED FOR SALE

1621 E Douglas Ave Visalia, CA 93292

Downtown Visalia Neighborhood

Estimated Value: $409,000 - $558,000

6 Beds
3 Baths
2,340 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $210,000 $90 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,652/month

67 Days on Market

Highlights

  • City View
  • Two cooling system units
  • Carpet
  • Property is near public transit
  • West Facing Home
  • 1-Story Property

About This Home

As of August 2017

Good income. Each unit is rented for $625.00 Month and all have a $625.00 Security Deposit. Close to shopping and public transportation. Owner may carry with acceptable terms & conditions. The Triplex nest door at 1613 E. Douglas is also for sale for $213,000.00 by same owner.

Last Agent to Sell the Property

Joe Burnett

United Business Sales License #00600587 Listed on: 06/24/2017

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office License #99999999

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 53 x 165
  • Two or More Common Walls
  • West Facing Home
  • Sprinklers Throughout Yard

Parking

  • Carport

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • City Views

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near public transit

Utilities

  • Two cooling system units
  • Central Air
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for water, trash collection
  • Assessor Parcel Number 098230008000

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
  • Horses: No
  • Lot Size Acres: 0.2
  • Lot Size: 53 X 165
  • Directions: Go North from Hwy 198 on Ben Maddox to E. Douglas Ave. Go East on Douglas Ave. to property which is located on the South side of the road.
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1978
  • ResoBuildingAreaSource: Assessor
  • Common Walls:_two_ Common Walls: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater
  • Owner Pays: Water, Trash Collection
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Appliances:Gas Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Free-Standing Range: Yes
  • Appliances:Convection Oven: Yes

Exterior Features

  • Lot Features: Near Public Transit, Sprinklers In Front, Sprinklers In Rear, Sprinklers on Side
  • Pool Private: No
  • View: City
  • Common Walls: 2+ Common Walls
  • Construction Type: Stucco
  • Direction Faces: West
  • Foundation Details: Slab
  • Roof: Composition
  • Lot Features:Near Public Transit: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Construction:Stucco: Yes
  • Lot Features:Sprinklers on Side: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3.0
  • Parking Features: Asphalt, Carport
  • Parking Features:Carport: Yes
  • Parking Features:Asphalt4: Yes

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Dual
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Additional Parcels: No
  • Parcel #: 098230008000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Valdez Armando and Valdez Felicia
Bought by
Valdez Armando and Valdez Felicia E
Current Estimated Value
$474,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$155,178
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$318,822

Purchase Details

Listed on
Jun 24, 2017
Closed on
Aug 10, 2017
Sold by
Parks Ruth A
Bought by
Valdez Armando and Valdez Felicia
Seller's Agent
Joe Burnett
United Business Sales
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$213,000
Sold Price
$210,000
Premium/Discount to List
-$3,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$357,000
Outstanding Balance
$297,889
Interest Rate
3.96%
Mortgage Type
Seller Take Back
Estimated Equity
$176,111

Purchase Details

Closed on
Oct 17, 2012
Sold by
Morabito Angelo P
Bought by
Parks Gregory J and Parks Ruth A

Purchase Details

Closed on
Jan 24, 2006
Sold by
Parks Gregory J
Bought by
Morabito Angelo P and Morabito Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 2004
Sold by
Morabito Angelo P
Bought by
Parks Gregory J and Parks Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,297
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valdez Armando -- Chicago Title Company
Valdez Armando $420,000 First American Title Company
Parks Gregory J $110,000 None Available
Morabito Angelo P $262,000 Fidelity National Title
Parks Gregory J $420,000 Fidelity National Title Co
Morabito Angelo P $968,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Armando $175,000
Open Valdez Armando $357,000
Previous Owner Morabito Angelo P $240,000
Previous Owner Parks Gregory J $108,297
Previous Owner Morabito Angelo P $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $210,000 -1.4% $90 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $213,000 -- $91 / 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 $2,524 $238,941 $68,268 $170,673
2024 $2,524 $234,257 $66,930 $167,327
2023 $2,455 $229,665 $65,618 $164,047
2022 $2,345 $225,163 $64,332 $160,831
2021 $2,348 $220,748 $63,071 $157,677
2020 $2,326 $218,484 $62,424 $156,060
2019 $1,743 $145,000 $50,000 $95,000
2018 $1,531 $145,000 $50,000 $95,000
2017 $1,535 $145,000 $50,000 $95,000
2016 $1,441 $135,000 $50,000 $85,000
2015 $1,151 $150,000 $37,500 $112,500
2014 $1,151 $107,000 $32,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joe Burnett

    United Business Sales

  • N

    Buyer's Agent in 2017

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Tulare County MLS

MLS Number: 130459

Tulare County MLS

APN: 098-230-008-000

California Tulare County Visalia 93292 Downtown Visalia

1621 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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