NOT LISTED FOR SALE

1621 E Magnolia Way Dinuba, CA 93618

Estimated Value: $332,000 - $365,000

5 Beds
3 Baths
8,634 Sq Ft
$40/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $330,000 $38 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,012/month

7 Days on Market

Highlights

  • Heated Floors
  • 1-Story Property
  • Refrigerated and Evaporative Cooling System

About This Home

As of January 2024

3 Triplexes For Sale in Dinuba! Here's a great investment opportunity to buy one, two or all three. Each complex is turnkey ready and fully occupied and all are in fantastic condition featuring two units that are 2 bedrooms and 1 bath and one unit being 1 bedroom and 1 bath. Each unit comes with a stove and indoor laundry hook-ups. Each unit also comes with a small backyard, their own carport and a small storage. This whole complex is ideally located near shopping centers, schools, and restaurants. Don't miss out on this chance to add to your real estate investment portfolio. Please do not disturb tenants.

Last Agent to Sell the Property

Alex Sandoval

Point Guard Realty License #01949901 Listed on: 11/01/2023

Last Buyer's Agent

steve macias

RE/MAX Gold License #01788544

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1968

Lot Details

  • 8,712

Parking

  • Carport

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 8,634 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 8,712 Sq Ft Lot
  • Refrigerated and Evaporative Cooling System

Community Details

  • 3 Units
  • Gross Income $31,560

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,719

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Triplex
  • Price Per Square Foot: 38.22
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1968

Interior Features

  • Fireplace: None
  • Bathrooms: 3.00
  • Bedrooms: 5
  • Square Footage: 8634.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Evaporative, Floor or Wall Heat

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2000
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 8712.00
  • Price Per Acre: 1650000.00

Building Info

  • Year Built: 1968

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 31560.00
  • IncomeIncludes: Unit Rent, Lease
  • Total Units: 3

MLS Schools

  • School District 2: Dinuba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 28, 2023
Sold by
Declaration Jeremy and Declaration Sara
Bought by
Kingsriver Plaza Inc
Seller's Agent
Alex Sandoval
Point Guard Realty
Buyer's Agent
steve macias
RE/MAX Gold
List Price
$330,000
Sold Price
$330,000
Views
14
Current Estimated Value
$343,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,667
Avg. Annual Appreciation
2.52%
Original Mortgage
$544,500
Outstanding Balance
$536,040
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
-$192,040

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 15, 2023
Sold by
Jeremy Krahn and Jeremy Sara Krahn
Bought by
Kingsriver Plaza Inc
Seller's Agent
Alex Sandoval
Point Guard Realty
Buyer's Agent
steve macias
RE/MAX Gold
List Price
$330,000
Sold Price
$330,000
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,500
Outstanding Balance
$536,040
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
-$192,040

Purchase Details

Closed on
Aug 13, 2015
Sold by
Krahn Jeremy
Bought by
Jeremy Krahn & Sara Krahn Declaration Of

Purchase Details

Closed on
Aug 18, 2014
Sold by
Straugh Paul
Bought by
Krahn Jeremy and Gunlund Sarah

Purchase Details

Closed on
Jan 22, 2007
Sold by
Straugh Paul A
Bought by
Straugh Paul A and Straugh Donna Lee
Source: Public Records

Range of Values:

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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
Kingsriver Plaza Inc $990,000 Chicago Title
Kingsriver Plaza Inc $990,000 Chicago Title
Jeremy Krahn & Sara Krahn Declaration Of -- None Available
Krahn Jeremy $450,000 Chicago Title Company
Straugh Paul A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingsriver Plaza Inc $544,500
Closed Kingsriver Plaza Inc $544,500
Previous Owner Straugh Paul A $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $330,000 0.0% $38 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $330,000 -- $38 / Sq Ft
Source: Fresno 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 $1,719 $336,600 $61,200 $275,400
2024 $1,719 $153,176 $58,913 $94,263
2023 $1,704 $150,173 $57,758 $92,415
2022 $1,621 $147,229 $56,626 $90,603
2021 $1,585 $144,342 $55,516 $88,826
2020 $1,601 $142,862 $54,947 $87,915
2019 $1,628 $140,061 $53,870 $86,191
2018 $1,580 $137,315 $52,814 $84,501
2017 $1,565 $134,622 $51,778 $82,844
2016 $1,500 $131,983 $50,763 $81,220
2015 $1,481 $130,000 $50,000 $80,000
2014 -- $125,927 $33,135 $92,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 604172

Fresno MLS

APN: 018-062-009-000