NOT LISTED FOR SALE

Estimated Value: $503,759 - $595,000

8 Beds
4 Baths
3,552 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 07, 2018

Last sale price $315,000 $89 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,310/month

15 Days on Market

About This Home

As of November 2018

Calling all investors 4 2 Story units available. Good rents all units are 2 bedrooms 1 1/2 bath. Bedrooms and 1 bathroom upstairs, 1/2 bath and living quarters on lower floor.

Last Agent to Sell the Property

Ed Morton

Avedian Properties Company License #01409444 Listed on: 10/09/2018

Last Buyer's Agent

Diego Espinoza

The Real Estate Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 1970

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 75 x 84
  • Waterfront

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,552 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Air
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, trash collection
  • Assessor Parcel Number 097076001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,810

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: 75 x 84
  • Directions: From Court Street and Noble Avenue take Noble Avenue East to Church Street. At Church Street turn South to Sequoia and turn East. Property is on the right hand side of Church and Sequoia across from Washington School.
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1970
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Owner Pays: Water, Trash Collection
  • Total Bedrooms: 8
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Roof: Composition
  • Waterfront Features:Waterfront2: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 4.0
  • Parking Features: Concrete
  • Parking Features:Concrete6: Yes

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Additional Parcels: No
  • Parcel #: 097076001000
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2019
Sold by
Teodo Holdings Llc
Bought by
Teodo Llc
Current Estimated Value
$570,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,651,000
Outstanding Balance
$4,100,526
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
-$3,530,086

Purchase Details

Listed on
Oct 9, 2018
Closed on
Oct 30, 2018
Sold by
Heinrichs Ronald W and Heinrichs Michelle L
Bought by
Varo Real Investments Inc
Seller's Agent
Ed Morton
Avedian Properties Company
Buyer's Agent
Diego Espinoza
The Real Estate Connection
List Price
$396,700
Sold Price
$315,000
Premium/Discount to List
-$81,700
-20.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$248,500
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2011
Sold by
Kennedy Guy
Bought by
Heinrichs Ronald W and Heinrichs Michelle L

Purchase Details

Closed on
Mar 14, 2005
Sold by
Kennedy Guy
Bought by
Kennedy Guy and Kennedy Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2003
Sold by
Kennedy Michael B
Bought by
Kennedy Guy S

Purchase Details

Closed on
Sep 22, 2003
Sold by
Bettencourt Maria A
Bought by
Kennedy Michael B and Kennedy Janet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,428
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Teodo Llc -- First American Title Company
Varo Real Investments Inc $315,000 First American Title Co
Heinrichs Ronald W $85,100 North American Title Co
Kennedy Guy -- Chicago Title Co
Kennedy Guy S -- --
Kennedy Michael B $214,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teodo Llc $4,651,000
Previous Owner Varo Real Investments Inc $248,500
Previous Owner Kennedy Guy $264,000
Previous Owner Kennedy Michael B $171,428
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2018 11/07/18 Sold $315,000 -20.6% $89 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/09/2018 10/09/18 For Sale $396,700 -- $112 / 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 $3,810 $360,909 $76,556 $284,353
2024 $3,810 $353,833 $75,055 $278,778
2023 $3,608 $337,743 $107,220 $230,523
2022 $3,447 $331,121 $105,118 $226,003
2021 $3,451 $324,629 $103,057 $221,572
2020 $3,421 $321,300 $102,000 $219,300
2019 $3,316 $315,000 $100,000 $215,000
2018 $1,589 $150,132 $44,157 $105,975
2017 $1,562 $147,188 $43,291 $103,897
2016 $1,543 $144,302 $42,442 $101,860
2015 $1,499 $142,134 $41,804 $100,330
2014 $1,499 $139,350 $40,985 $98,365
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 141643

Tulare County MLS

APN: 097-076-001-000