NOT LISTED FOR SALE

198 S Thompson Rd Tipton, CA 93272

Estimated Value: $253,000 - $296,000

3 Beds
2 Baths
1,250 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $125,000 $100 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,535/month

20 Days on Market

Highlights

  • No HOA
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Breakfast Room
  • Living Room
  • 1-Story Property

About This Home

As of August 2012

TWO HOMES! Great Investor's opportunity or perfect for a family that needs two nice homes together on one large lot. Or live in one home and rent the other out for extra income. What a great value these two homes offer with many updated features. Both are in good condition and have great floor plans with 3 bedrooms and 2 bathrooms each. Hard to find two very nice updated homes on one lot in good neighborhood. Homes have been skillfully moved to current location. Other homes address is 238 E. Spencer. Please do not disturb the Tenants. Zoning may allow for another home to be brought in.

Last Agent to Sell the Property

Mary Papazian

Papazian Real Estate License #01169951 Listed on: 02/21/2012

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office License #99999999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,699

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Zoning described as Multi-Family

Parking

  • Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Breakfast Room
  • Dining Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 230150016000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,699

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 75x150
  • Directions: from Visalia take Hwy 99 to Tipton exit. Go back across the freeway on Olive east to Thompson. Turn south on Thompson go to property on the corner of Spencer and Thompson. No Sign in yard.
  • Garage Yn: Yes
  • Building Stories: 1
  • Rooms:Master Bedroom2: Yes
  • Rooms:Dining Room: Yes
  • Rooms:Living Room2: Yes
  • Rooms:Breakfast Room: Yes
  • Special Features: 12
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • General Information:Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 11229.0
  • Parcel #: 230150016000
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2012
Closed on
Jul 3, 2012
Sold by
Espana Teresa Oxana
Bought by
Espana Efrain
Seller's Agent
Mary Papazian
Papazian Real Estate
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$120,000
Sold Price
$125,000
Premium/Discount to List
$5,000
4.17%
Current Estimated Value
$254,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,492
Avg. Annual Appreciation
5.75%
Original Mortgage
$121,754
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2007
Sold by
Saenz Frank
Bought by
Saenz Frank and Frank Saenz Family Revocable Living Tr

Purchase Details

Closed on
Jun 12, 2000
Sold by
Saenz Frank and Saenz Rita
Bought by
Saenz Frank and Saenz Rita

Purchase Details

Closed on
Sep 1, 1995
Sold by
Beneficial California Inc
Bought by
Saenz Frank and Saenz Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 18, 1995
Sold by
Beneficial California Inc
Bought by
Beneficial California Inc
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
Espana Efrain -- Chicago Title Company
Espana Luis A -- Chicago Title Company
Espana Efrain $124,000 Chicago Title Company
Saenz Frank -- None Available
Saenz Frank -- --
Saenz Frank $40,000 Chicago Title Co
Beneficial California Inc $38,501 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espana Efrain $121,754
Previous Owner Saenz Frank $143,000
Previous Owner Saenz Frank $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2012 08/24/12 Sold $125,000 +4.2% $100 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
02/20/2012 02/20/12 For Sale $120,000 -- $96 / 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 $1,699 $152,697 $30,786 $121,911
2024 $1,699 $149,704 $30,183 $119,521
2023 $1,653 $146,770 $29,592 $117,178
2022 $1,607 $143,893 $29,012 $114,881
2021 $1,580 $141,071 $28,443 $112,628
2020 $1,620 $139,624 $28,151 $111,473
2019 $1,657 $136,886 $27,599 $109,287
2018 $1,630 $134,202 $27,058 $107,144
2017 $1,615 $131,570 $26,527 $105,043
2016 $1,545 $128,990 $26,007 $102,983
2015 $1,457 $127,052 $25,616 $101,436
2014 $1,457 $124,563 $25,114 $99,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 94754

Tulare County MLS

APN: 230-150-016-000