NOT LISTED FOR SALE

165 W Front St Farmersville, CA 93223

Estimated Value: $250,000 - $318,000

5 Beds
2 Baths
1,440 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $105,000 $73 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,663/month

88 Days on Market

About This Home

As of March 2017

Great rental property opportunity. Rental income is $1000 per month ($12,000 Year). At 45% Estimated annual expenses and $125,000 purchase price, that is 5.28% Capitalization Rate.

Last Agent to Sell the Property

Ed Evans

RE/MAX Success License #00649469 Listed on: 10/21/2016

Last Buyer's Agent

Olga Duran

RE/MAX Success License #01489325

RE/MAX Success

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1992

Lot Details

  • 7,564 Sq Ft Lot
  • Lot Dimensions are 152' x 49' x 152' x 51'
  • Waterfront

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 128051009000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,340

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: 5+ Units
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Lot Size: 152' x 49' x 152' x 51'
  • Directions: South on Farmersville Blvd from Highway 198. West on Front Street.
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1992
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 5

Exterior Features

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

Utilities

  • Utilities: Sewer Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 7564.0
  • Parcel #: 128051009000
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Lokhandwala Shaukat N and Lokhandwala Saeeda
Bought by
Shaukat Lokhandwala And Saeeda Lokhandwala Re and Lokhandwala
Current Estimated Value
$294,221

Purchase Details

Closed on
Sep 15, 2023
Sold by
Lokhandwala Shaukat N and Lokhandwala Saeeda
Bought by
Shaukat Lokhandwala And Saeeda Lokhandwala Re and Lokhandwala

Purchase Details

Closed on
Aug 3, 2022
Sold by
Shaukat Lokhandwala
Bought by
Shaukat Lokhandwala And Saeeda Lokhandwala Re

Purchase Details

Listed on
Oct 21, 2016
Closed on
Feb 3, 2017
Sold by
Tidwell Lorraine Jean
Bought by
Lokhandwala Shaukat N and Lokhandwala Saeeda
Seller's Agent
Ed Evans
RE/MAX Success
Buyer's Agent
Olga Duran
RE/MAX Success
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$73,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Huffman Merle Leon
Bought by
Huffman Merle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 1996
Sold by
Huffman Merle
Bought by
Huffman Merle Leon
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
Shaukat Lokhandwala And Saeeda Lokhandwala Re -- None Listed On Document
Shaukat Lokhandwala And Saeeda Lokhandwala Re -- None Listed On Document
Shaukat Lokhandwala And Saeeda Lokhandwala Re -- None Listed On Document
Lokhandwala Shaukat N $105,000 First American Title Company
Huffman Merle L -- Stewart Title Of California
Huffman Merle Leon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lokhandwala Shaukat N $73,500
Previous Owner Huffman Merle L $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2017 03/10/17 Sold $105,000 -16.0% $73 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $125,000 -- $87 / 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 $1,340 $121,859 $40,619 $81,240
2024 $1,340 $119,471 $39,823 $79,648
2023 $1,344 $117,130 $39,043 $78,087
2022 $1,245 $114,834 $38,278 $76,556
2021 $1,221 $112,582 $37,527 $75,055
2020 $1,209 $111,427 $37,142 $74,285
2019 $1,223 $109,242 $36,414 $72,828
2018 $1,293 $107,100 $35,700 $71,400
2017 $1,118 $97,614 $26,526 $71,088
2016 $1,055 $95,700 $26,006 $69,694
2015 -- $94,262 $25,615 $68,647
2014 $1,092 $100,000 $25,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Ed Evans

    RE/MAX

    (559) 734-1400

    2 in this area

    166 Total Sales

    Ed Evans
    Section Image
  • Olga Duran

    Buyer's Agent in 2017

    Olga Duran

    RE/MAX

    (559) 361-2600

    2 in this area

    110 Total Sales

    Olga Duran
    Section Image
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Map

Source: Tulare County MLS

MLS Number: 126107

Tulare County MLS

APN: 128-051-009-000

California Tulare County Farmersville 93223

165 W Front St, Farmersville, CA

Not Listed for Sale

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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