NOT LISTED FOR SALE

2438 Shaft St Selma, CA 93662

Estimated Value: $125,000 - $200,233

3 Beds
1 Bath
936 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 11, 2012

Last sale price $30,000 $32 Per Sq Ft

Est. 414% increase in value since last sale

Current estimated payment $928/month

51 Days on Market

Highlights

  • No HOA
  • Floor Furnace
  • Family Room

About This Home

As of October 2012

Great investment opportunity. Needs TLC. This is a Fannie Mae HomePath Property. Purchase this property for as little as 3% down. This property is approved for HomePath Renovation Financing.

Last Agent to Sell the Property

Scott Ellis

The Equity Group License #01226088 Listed on: 08/08/2012

Last Buyer's Agent

Nicole Juarez

The Equity Group License #01908365

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 64x113

Home Design

  • Shingle Roof

Interior Spaces

  • 936 Sq Ft Home
  • Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Floor Furnace
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 38821214

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 64X113
  • Directions: 99 south to 43, turn right onto 43, left onto Arrants St., take first right onto Shaft St. property is on the right.
  • New Construction: No
  • Year Built: 1918
  • ResoBuildingAreaSource: PublicRecords
  • Rooms:Family Room2: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Private Spa: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None3: Yes

Utilities

  • Laundry Features: Other
  • Cooling: None
  • Heating: Floor Furnace
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Sewer Connected, Water Connected
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7405.0
  • Parcel #: 38821214
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2012
Closed on
Sep 28, 2012
Sold by
Federal National Mortgage Association
Bought by
Lugo Pedro
Seller's Agent
Scott Ellis
The Equity Group
Buyer's Agent
Nicole Juarez
The Equity Group
List Price
$45,900
Sold Price
$30,000
Premium/Discount to List
-$15,900
-34.64%
Current Estimated Value
$154,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,058
Avg. Annual Appreciation
13.13%

Purchase Details

Closed on
May 31, 2012
Sold by
Arroyo Alejandro C and Arroyo Maria J
Bought by
Fannie Mae

Purchase Details

Closed on
Mar 8, 2007
Sold by
Macias Asuncion
Bought by
Arroyo Alejandro C and Arroyo Maria J

Purchase Details

Closed on
Aug 20, 1997
Sold by
Asuncion Macias and Peter Macias
Bought by
Macias Asuncion and Arroyo Alejandro C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,600
Interest Rate
10.75%

Purchase Details

Closed on
Apr 10, 1995
Sold by
Macias Asuncion
Bought by
Macias Asuncion and Macias Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.6%

Purchase Details

Closed on
Jan 4, 1995
Sold by
Macias Felix
Bought by
Macias Asuncion
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lugo Pedro $30,000 Stewart Title Of California
Fannie Mae $130,967 Accommodation
Arroyo Alejandro C -- None Available
Macias Asuncion -- Fidelity National Title Co
Macias Asuncion -- Chicago Title Company
Macias Asuncion -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macias Asuncion $40,600
Previous Owner Macias Asuncion $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2012 10/11/12 Sold $30,000 -34.6% $32 / Sq Ft
09/13/2012 09/13/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $45,900 -- $49 / 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 $1,464 $36,936 $18,468 $18,468
2023 $958 $35,502 $17,751 $17,751
2022 $1,348 $34,806 $17,403 $17,403
2021 $1,309 $34,124 $17,062 $17,062
2020 $1,280 $33,776 $16,888 $16,888
2019 $1,233 $33,114 $16,557 $16,557
2018 $1,200 $32,466 $16,233 $16,233
2017 $1,130 $31,830 $15,915 $15,915
2016 $1,035 $31,206 $15,603 $15,603
2015 $1,041 $30,738 $15,369 $15,369
2014 $1,009 $30,136 $15,068 $15,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 97599

Tulare County MLS

APN: 388-212-14S