NOT LISTED FOR SALE

Estimated Value: $325,000 - $354,000

4 Beds
2 Baths
1,485 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $225,353 $152 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,090/month

4 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • 1-Story Property

About This Home

As of November 2020

This property is to be sold as part of a Portfolio. Investors Dream! Opportunity to grow 10+/- Years investing in one single shot!
Price $4,950,000, Well maintained 37 Doors Portfolio Bringing in $431,856 in Rents/Year. Portfolio is composed of 27 single family homes (Home Values ranging from $150-290K), 2 Duplexes and 1 Sixplex. Properties are fully rented and tenants are all up to date with rents, all properties located in Visalia/Tulare/Porterville. Portfolio valued at $6M+. List of addresses along with sqft, Year Built and rent break down attached. Portfolio is managed locally by Total PM for over 10 years and have yearly inspections on file for ALL units. PM currently only charges 7% to manage it and would keep it at that rate for the new buyer.

Last Agent to Sell the Property

Hialys Sousa

Keller Williams Realty Tulare County License #01945621 Listed on: 08/23/2020

Keller Williams Realty Tulare County

Last Buyer's Agent

Matt Graham

MD Graham & Associates, Inc. License #01804235

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,810

Year Built

  • Built in 2005

Lot Details

  • 6,870 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 168300009000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,810

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: Buyer to verify
  • Directions: From the corner of W Inyo Ave and Maricopa Dr, turn North on Maricopa Dr, turn South onto Cumberland Dr, property is on the West side of the road
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2005
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No

Exterior Features

  • Roof: Other

Garage/Parking

  • Garage Spaces: 2.0
  • General Information:Garage: Yes
  • General Information:_pound_ of Garage Spaces: 2.0

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Other3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6870.0
  • Additional Parcels: No
  • Parcel #: 168300009000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2017
Sold by
Blain Nicole
Bought by
Blain Allan
Total Days on Market
4
Current Estimated Value
$338,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,553,000
Outstanding Balance
$1,297,043
Interest Rate
4.17%
Mortgage Type
Commercial
Estimated Equity
-$958,091

Purchase Details

Closed on
Feb 15, 2016
Sold by
Sierra Six Properties Llc
Bought by
Blain Allan and Blain Nicole

Purchase Details

Listed on
Dec 5, 2011
Closed on
Jan 6, 2012
Sold by
U S Bank National Association
Bought by
Banner Investments Llc
Seller's Agent
William Osborne
RealHome Services and Solutions, Inc.
Buyer's Agent
Jennifer McCown
Angel Lynn Realty, Inc.
List Price
$96,000
Sold Price
$90,199
Premium/Discount to List
-$5,801
-6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Nov 18, 2011
Sold by
Banner Investments Llc
Bought by
Sierra Six Properties Llc

Purchase Details

Closed on
Sep 14, 2011
Sold by
Holguin Rosie E
Bought by
U S Bank National Association and Bank Of America National Association

Purchase Details

Closed on
Feb 2, 2006
Sold by
Lennar Fresno Inc
Bought by
Holguin Rosie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,400
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
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
Blain Allan -- Chicago Title Company
Blain Allan -- Chicago Title Company
Blain Allan -- None Available
Banner Investments Llc $90,500 Placer Title Company
Sierra Six Properties Llc $85,000 None Available
U S Bank National Association $98,000 Accommodation
Holguin Rosie E $227,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blain Allan $1,553,000
Closed Blain Allan $1,553,000
Closed Blain Allan $1,553,000
Previous Owner Sierra Six Properties Llc $2,300,000
Previous Owner Holguin Rosie E $57,400
Previous Owner Holguin Rosie E $169,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $225,353 0.0% $152 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/23/2020 08/23/20 For Sale $225,353 +149.8% $152 / Sq Ft
01/18/2012 01/18/12 Sold $90,199 -6.0% $61 / Sq Ft
12/09/2011 12/09/11 Pending -- -- --
12/05/2011 12/05/11 For Sale $96,000 -- $65 / 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 $2,810 $243,546 $59,533 $184,013
2024 $2,810 $238,771 $58,366 $180,405
2023 $2,734 $234,090 $57,222 $176,868
2022 $2,653 $229,500 $56,100 $173,400
2021 $2,614 $225,000 $55,000 $170,000
2020 $2,174 $180,405 $42,448 $137,957
2019 $2,207 $176,868 $41,616 $135,252
2018 $2,334 $173,400 $40,800 $132,600
2017 $1,264 $97,403 $32,468 $64,935
2016 $1,243 $95,493 $31,831 $63,662
2015 $1,205 $94,059 $31,353 $62,706
2014 $1,205 $92,217 $30,739 $61,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 206355

Tulare County MLS

APN: 168-300-009-000