$535,000
SOLD JUL 23, 2024

248 S Elm St Unit 4 Pixley, CA 93256

10 Beds
6 Baths
5,000 Sq Ft
0.75 Acres

Recently Sold

$107 Per Sq Ft

3% Below List Price

18 Days on Market

Highlights

  • 0.75 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of July 2024

Welcome to this investment opportunity, 4 detached home complex.
There are two 3bed/2bath homes and two 2bed/1bath homes, all units are currently rented.Each unit has its own gas and electric meters. There use to be a fifth unit on the property, but that has been demolished, leaving space for the construction of a new home or installation of a trailer.
All necessary utilities are already in place (buyer to confirm)
Contact listing agent for current rent roll.

Last Agent to Sell the Property

Jeannett Zavala

Century 21 Jordan-Link & Co. License #02096046 Listed on: 05/24/2024

Century 21 Jordan-Link & Co.

Last Buyer's Agent

Jeannett Zavala

Century 21 Jordan-Link & Co. License #02096046 Listed on: 05/24/2024

Century 21 Jordan-Link & Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,929

Year Built

  • Built in 1987

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 113x293

Parking

  • No Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection
  • Assessor Parcel Number 299091028000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,929

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.75
  • Lot Size: 113X293
  • Directions: From Fresno take Freeway 99 South for about 55 miles take exit 70B To Court St. left on court st. for 0.2 miles right on S. Elm St. property on the left . from Bakersfield take Freeway 99 North for 45 minutes, Take exit 70A onto ave 96, turn right onto W Terra Bella ave. Turn left onto S. Elm Street.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1987
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Owner Pays: Trash Collection
  • Total Bedrooms: 10
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Foundation Details: Combination
  • Roof: Composition

Garage/Parking

  • General Information:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Additional Parcels: No
  • Parcel #: 299091028000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 16, 2024
Sold by
Vidales Manuel
Bought by
Mgm Property Investments Inc
Seller's Agent
Jeannett Zavala
Century 21 Jordan-Link & Co.
Buyer's Agent
Jeannett Zavala
Century 21 Jordan-Link & Co.
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Total Days on Market
18
Views
15
Current Estimated Value
$563,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,311
Avg. Annual Appreciation
6.03%
Original Mortgage
$428,000
Outstanding Balance
$424,762
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$138,549

Purchase Details

Closed on
Oct 30, 2007
Sold by
Jamke
Bought by
Vidales Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2007
Sold by
Vega Arnoldo
Bought by
Jamke

Purchase Details

Closed on
Jul 5, 2005
Sold by
York Cleo
Bought by
Vega Arnoldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,800
Interest Rate
5.7%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Grant Deed $535,000 First American Title Company
Grant Deed $270,000 Old Republic Title Company
Trustee Deed $210,000 Fnt
Grant Deed $328,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,000 New Conventional
Previous Owner $238,000 New Conventional
Previous Owner $216,000 Commercial
Previous Owner $278,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $535,000 -2.7% $107 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $550,000 -- $110 / 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
2024 $3,929 $347,697 $83,705 $263,992
2023 $3,829 $340,880 $82,064 $258,816
2022 $3,651 $334,197 $80,455 $253,742
2021 $3,686 $327,644 $78,877 $248,767
2020 $3,762 $324,284 $78,068 $246,216
2019 $3,884 $317,925 $76,537 $241,388
2018 $3,946 $311,691 $75,036 $236,655
2017 $3,906 $305,580 $73,565 $232,015
2016 $3,757 $299,589 $72,123 $227,466
2015 $3,529 $295,089 $71,040 $224,049
2014 $3,529 $289,308 $69,648 $219,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 229391

Tulare County MLS

APN: 299-091-028-000