M
Seller's Agent in 2020
Matt Garabedian
Royal Realty Property Management & Investment, Inc.
Estimated Value: $430,446 - $571,000
8
Beds
5
Baths
3,281
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- No HOA
- Rear Porch
- Central Heating and Cooling System
- 3 Car Garage
- Ceramic Tile Flooring
- Ceiling Fan
About This Home
As of July 2020Attention Investors 8% cap rate! Amazing turn key opportunity. Large duplex built in 2006 featuring 3 bed/ 2 bath units each unit is 1,208 sq ft with garages. There is also a 2 bed/1 bath 865 sq ft single family house with a detached garage. Duplex has Central heat and air, house is evaporating cooler and wall heater. The property is separately metered for gas, electric and water. This is a unique situation as the tenants pay ALL of their own utilities. No utility expense for landlord! Each unit is rented. Totaling a monthly rent income of $2,900 per month..expenses are extremely low and include taxes, insurance, maintenance and vacancy factor. Great tenants, never vacant. Priced at a very attractive 8% Cap rate for a solid return on a great property.
Last Agent to Sell the Property
Matt Garabedian
Royal Realty Property Management & Investment, Inc. License #01842596 Listed on: 05/26/2020
Last Buyer's Agent
Matt Garabedian
Royal Realty Property Management & Investment, Inc. License #01842596 Listed on: 05/26/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2006
Lot Details
- 11,326 Sq Ft Lot
- Lot Dimensions are 78 x 143
- Property fronts an alley
- 1 Common Wall
- West Facing Home
Parking
- 3 Car Garage
- Rear-Facing Garage
- Garage Door Opener
Home Design
- Triplex
- Permanent Foundation
- Composition Roof
Interior Spaces
- 3,281 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Ceramic Tile Flooring
Kitchen
- Gas Oven
- Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Outdoor Features
- Rear Porch
Utilities
- Central Heating and Cooling System
- Evaporated cooling system
- Wall Furnace
- Separate Meters
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
- Operating Expense $7,740
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 261150040000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 6, 2021
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
May 26, 2020
Closed on
Jun 10, 2020
Sold by
Bought by
Seller's Agent
Matt Garabedian
Royal Realty Property Management & Investment, Inc.
Buyer's Agent
Matt Garabedian
Royal Realty Property Management & Investment, Inc.
List Price
$339,000
Sold Price
$344,000
Premium/Discount to List
$5,000
1.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$258,000
Interest Rate
0.032%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
0.0412%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2008
Sold by
Bought by
Purchase Details
Closed on
Aug 26, 2004
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $344,000 | Placer Title Company | ||
| $110,000 | Old Republic Title Company | ||
| -- | None Available | ||
| $65,000 | Chicago Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $258,000 | ||
| Previous Owner | $168,000 | ||
| Previous Owner | $160,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2020 07/24/20 | Sold | $344,000 | +1.5% | $105 / Sq Ft |
| 06/05/2020 06/05/20 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | For Sale | $339,000 | -- | $103 / Sq Ft |
Source: Tulare County MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,954 | $372,354 | $54,121 | $318,233 |
| 2024 | $3,954 | $365,054 | $53,060 | $311,994 |
| 2023 | $3,951 | $357,897 | $52,020 | $305,877 |
| 2022 | $3,829 | $350,880 | $51,000 | $299,880 |
| 2021 | $3,784 | $344,000 | $50,000 | $294,000 |
| 2020 | $3,151 | $286,526 | $42,448 | $244,078 |
| 2019 | $3,094 | $289,675 | $31,240 | $258,435 |
| 2018 | $3,134 | $283,995 | $30,627 | $253,368 |
| 2017 | $3,057 | $278,426 | $30,026 | $248,400 |
| 2016 | $2,934 | $272,966 | $29,437 | $243,529 |
| 2015 | $2,822 | $268,866 | $28,995 | $239,871 |
| 2014 | $2,822 | $263,599 | $28,427 | $235,172 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Tulare County MLS
MLS Number: 204784
APN: 261-150-040-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from the Tulare County Association of REALTORS®. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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