NOT LISTED FOR SALE

Estimated Value: $489,000 - $535,000

7 Beds
4 Baths
2,500 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $310,000 $124 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,949/month

18 Days on Market

Highlights

  • No HOA
  • Evaporated cooling system
  • South Facing Home

About This Home

As of May 2024

Come see this income producing property on a large lot! This is a 4-Plex with 2 units upstairs and 2 units downstairs. 3 units have 2 bedrooms/1 bath and 1 unit is a large 1 bedroom/1 bath. Close to downtown just one parcel east of North Main St. Within walking distance to shopping, dining and schools. It is currently zoned CG (General & Service Commercial).

Last Agent to Sell the Property

Rick Conway

Melson Realty, Inc. License #00902730 Listed on: 03/14/2024

Last Buyer's Agent

Teresa Valle

Five Star Realty License #01840682

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 65' x 162'
  • South Facing Home

Parking

  • No Garage

Home Design

  • Quadruplex
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for electricity, water
  • Assessor Parcel Number 253013011000

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 65' x 162'
  • Directions: From Hwy 65, go East on Henderson, then turn South (Right) on Main St, finally turn East (Left) on School. The 4-plex is on the North (Left) side of School Ave.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1915
  • ResoBuildingAreaSource: Estimated
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Electricity, Water
  • Total Bedrooms: 7

Exterior Features

  • Pool Private: No
  • Direction Faces: South
  • Foundation Details: Raised
  • Roof: Composition, Shingle

Garage/Parking

  • General Information:Garage: No

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Wall Furnace: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10454.0
  • Additional Parcels: No
  • Parcel #: 253013011000
  • Zoning Description: CG - General & Service Commercial
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Apr 24, 2024
Sold by
Rico Property Group Llc
Bought by
Anguiano Reyes Martha A
Seller's Agent
Rick Conway
Melson Realty, Inc.
Buyer's Agent
Teresa Valle
Five Star Realty
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%
Views
160
Current Estimated Value
$520,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,617
Avg. Annual Appreciation
31.56%
Original Mortgage
$232,500
Outstanding Balance
$228,804
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$291,813

Purchase Details

Closed on
Dec 30, 2020
Sold by
Fernandez Jorge B and Fernandez Rebecca E
Bought by
Rico Property Group Llc

Purchase Details

Closed on
Oct 6, 2017
Sold by
Cruess Robert and Fernandez Jorge B
Bought by
Fernandez Jorge B and Fernandez Rebecca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 29, 2016
Sold by
Fernandez Rebecca
Bought by
Fernandez Jorge
Seller's Agent
Jerry Letsinger
Letsinger Realty
Buyer's Agent
Jerry Letsinger
Letsinger Realty
List Price
$160,000
Sold Price
$107,400
Premium/Discount to List
-$52,600
-32.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%
Original Mortgage
$80,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jul 31, 2016
Sold by
Cruess Priscilla
Bought by
Cruess Robert
Seller's Agent
Jerry Letsinger
Letsinger Realty
Buyer's Agent
Jerry Letsinger
Letsinger Realty
List Price
$160,000
Sold Price
$107,400
Premium/Discount to List
-$52,600
-32.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2003
Sold by
Pannu Piara S and Pannu Gurinder K
Bought by
Marquez Jose Gpe and Marquez Yaneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 30, 1997
Sold by
Oneal Aubrey C and Oneal Dovie
Bought by
Beaston Kenneth Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,222
Interest Rate
7.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 13, 1995
Sold by
Pannu Piara S and Pannu Gurinder K
Bought by
Oneal Aubrey C and Oneal Dovie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,750
Interest Rate
8.81%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anguiano Reyes Martha A $310,000 Stewart Title
Rico Property Group Llc -- None Available
Fernandez Jorge B -- Stewart Title Of Ca Inc
Fernandez Jorge -- Stewart Title Of Ca Inc
Cruess Robert -- Stewart Title Of Ca Inc
Cruess Robert $107,500 Stewart Title Of Ca Inc
Marquez Jose Gpe $100,000 Fidelity National Title Co
Beaston Kenneth Alan $31,500 Fidelity National Title Co
Oneal Aubrey C $69,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anguiano Reyes Martha A $232,500
Previous Owner Fernandez Jorge B $93,750
Previous Owner Cruess Robert $80,000
Previous Owner Marquez Jose Gpe $75,000
Previous Owner Beaston Kenneth Alan $21,222
Previous Owner Oneal Aubrey C $50,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2024 05/01/24 Sold $310,000 +3.7% $124 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $299,000 +178.4% $120 / Sq Ft
09/06/2016 09/06/16 Sold $107,400 -32.9% $42 / Sq Ft View Prior Sale
06/30/2016 06/30/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $160,000 -- $63 / Sq Ft
Source: Tulare County MLS

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 $2,529 $316,200 $71,400 $244,800
2024 $2,529 $233,465 $31,836 $201,629
2023 $2,527 $228,888 $31,212 $197,676
2022 $2,449 $224,400 $30,600 $193,800
2021 $1,255 $114,133 $31,851 $82,282
2020 $1,242 $112,962 $31,524 $81,438
2019 $1,220 $110,747 $30,906 $79,841
2018 $1,198 $108,575 $30,300 $78,275
2017 $1,345 $122,508 $44,102 $78,406
2016 $1,291 $120,106 $43,237 $76,869
2015 $1,272 $118,302 $42,588 $75,714
2014 $1,241 $115,985 $41,754 $74,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 228152

Tulare County MLS

APN: 253-013-011-000

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