NOT LISTED FOR SALE

27765 Road 140 Visalia, CA 93292

Estimated Value: $2,055,454

-- Bed
-- Bath
1,175,684 Sq Ft
$2/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $1,000,000 $1 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $12,867/month

104 Days on Market

Highlights

  • RV Access or Parking
  • Waterfront
  • 26.99 Acre Lot

About This Home

As of March 2016

This is a great potential commercial property located right outside Visalia City limits along a busy section of Lover's Lane (Road 140) and Caldwell with 399.98 ft. of Lover's Lane frontage. Work the farm property until the Master Plan with the City of Visalia has been implemented and fully developed. After the annexation of the plan this property has the potential of selling for substantially higher per acre than the $40,000 an acre being asked for now. This property is a piece of a larger family farm owned since the early 1900's and was operated as a diary, row crop, stone fruit and nut trees. There are several structures on the property that are given no value and today are mostly used as storage. There is an agricultural well in which a new submersible pump was installed in 2015, and the family can produce well history upon request. The property is located in the Southeast Gateway to Visalia's general plan map.

Last Agent to Sell the Property

Karen Clark-Osborne

Modern Broker Listed on: 10/26/2015

Last Buyer's Agent

Karen Clark-Osborne

Century 21 Jordan-Link & Co.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,751

Lot Details

  • 26.99 Acre Lot
  • Waterfront

Parking

  • RV Access or Parking

Home Design

  • 1,175,684 Sq Ft Home
  • Quadruplex

Listing and Financial Details

  • Assessor Parcel Number 126130023000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,751

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 26.99
  • Lot Size: Irregular
  • Directions: Starting from the intersection of Caldwell and Lovers Lane (Road 140), south on Lovers Lane; subject property is on the West side just past the intersection
  • New Construction: No
  • Special Features: None

Exterior Features

  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Waterfront Features:Waterfront2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Sewer Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 1175684.0
  • Parcel #: 126130023000
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2023
Sold by
Sandridge Partners Lp
Bought by
2000 Te Velde Family Trust
Current Estimated Value
$2,055,454

Purchase Details

Listed on
Oct 26, 2015
Closed on
Mar 7, 2016
Sold by
Moos William R and Moos Thomas P
Bought by
Sandridge Partners Lp
Seller's Agent
Karen Clark-Osborne
Modern Broker
Buyer's Agent
Karen Clark-Osborne
Century 21 Jordan-Link & Co.
List Price
$1,080,000
Sold Price
$1,000,000
Premium/Discount to List
-$80,000
-7.41%

Purchase Details

Listed on
Oct 26, 2015
Closed on
Mar 4, 2016
Sold by
Moos Sharon K
Bought by
Moos Thomas P
Seller's Agent
Karen Clark-Osborne
Modern Broker
Buyer's Agent
Karen Clark-Osborne
Century 21 Jordan-Link & Co.
List Price
$1,080,000
Sold Price
$1,000,000
Premium/Discount to List
-$80,000
-7.41%

Purchase Details

Listed on
Oct 26, 2015
Closed on
Mar 3, 2016
Sold by
Rhafam Inc
Bought by
Moos William R and Moos Thomas P
Seller's Agent
Karen Clark-Osborne
Modern Broker
Buyer's Agent
Karen Clark-Osborne
Century 21 Jordan-Link & Co.
List Price
$1,080,000
Sold Price
$1,000,000
Premium/Discount to List
-$80,000
-7.41%
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
2000 Te Velde Family Trust $2,000,000 Chicago Title
Sandridge Partners Lp $1,000,000 First American Title Company
Moos Thomas P -- First American Title Company
Moos Jonathan -- First American Title Company
Moos William R -- First American Title Company
Moos William R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2016 03/28/16 Sold $1,000,000 -7.4% $1 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $1,080,000 -- $1 / 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
2022 $9,751 $903,518 $864,528 $38,990
2021 $9,628 $885,801 $847,576 $38,225
2020 $9,335 $876,718 $838,885 $37,833
2019 $9,010 $859,527 $822,436 $37,091
2018 $8,840 $842,674 $806,310 $36,364
2017 $8,411 $799,680 $790,500 $9,180
2016 $1,621 $152,931 $82,757 $70,174
2015 $1,595 $150,292 $81,514 $68,778
2014 $1,568 $147,056 $79,917 $67,139
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Karen Clark-Osborne

    Modern Broker

See All Agents

Map

Source: Tulare County MLS

MLS Number: 119055

Tulare County MLS

APN: 126-130-023-000

California Tulare County Visalia 93292

27765 Road 140, Visalia, CA

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.

Tulare County MLS 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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