NOT LISTED FOR SALE

Estimated Value: $296,019 - $434,000

8 Beds
4 Baths
3,184 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $190,000 $60 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,215/month

144 Days on Market

About This Home

As of September 2016

Nice 4-plex with great rental income for the investment. Each unit rents from $550-575.00 a month. The property is located near downtown Visalia's restaurants, shopping, entertainment, and public transportation. Each unit is approx. 800 sq. ft.w/ 2 bedrooms and 1 bath with carport parking. The complex is professionally managed.

Last Agent to Sell the Property

Mike Liddi

Century 21 Jordan-Link & Company License #01088209 Listed on: 01/27/2016

Century 21 Jordan-Link & Company

Last Buyer's Agent

Frank Sanchez

Bradley Gilton, Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 6,687 Sq Ft Lot
  • Lot Dimensions are 50 x 132
  • Waterfront

Home Design

  • Quadruplex

Interior Spaces

  • 3,184 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • The owner pays for water, trash collection
  • Assessor Parcel Number 094072005000

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Lot Size: 50 x 132
  • Directions: From downtown Visalia go north to Houston and N.E. 4th Ave.
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1978
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water, Trash Collection
  • Total Bedrooms: 8

Exterior Features

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

Utilities

  • Utilities: Sewer Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 6687.0
  • Parcel #: 094072005000
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Cable TV

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2022
Sold by
Mro Investments Inc
Bought by
Hernandez Michael
Current Estimated Value
$386,255

Purchase Details

Closed on
Apr 26, 2022
Sold by
Lara Gonzalez Jose
Bought by
Mro Investments

Purchase Details

Closed on
Jun 26, 2016
Sold by
Astorga Mario Albert
Bought by
Gonzalez Jose Lara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2012
Sold by
Delatorre Gabriel
Bought by
Astorga Mario Albert and Astorga Rhodora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,740
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2010
Sold by
Credit Haven Llc
Bought by
Delatorre Gabriel and Delatorre Maria

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
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2009
Sold by
Alquraishi Family Limited Partnership
Bought by
Credit Haven Llc

Purchase Details

Closed on
Dec 27, 2005
Sold by
Alquraishi Nazar Hussain
Bought by
Alquraishi Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 22, 2005
Sold by
Bradley Nat O
Bought by
Alquraishi Nazar Hussain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
9.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Hernandez Michael $280,000 Placer Title
Mro Investments $245,000 Placer Title
Gonzalez Jose Lara $190,000 Chicago Title Company
Astorga Mario Albert $118,500 Chicago Title Company
Delatorre Gabriel $125,000 Chicago Title Company
Credit Haven Llc $40,000 Chicago Title Company
Alquraishi Family Lp -- Chicago Title Co
Alquraishi Nazar Hussain $300,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Jose Lara $142,500
Previous Owner Astorga Mario Albert $88,740
Previous Owner Delatorre Gabriel $93,750
Previous Owner Alquraishi Nazar Hussain $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2016 09/02/16 Sold $190,000 -9.5% $60 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $210,000 +77.5% $66 / Sq Ft
06/25/2012 06/25/12 Sold $118,320 -7.6% $37 / Sq Ft View Prior Sale
02/03/2012 02/03/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $128,000 -- $40 / 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 $2,337 $297,137 $79,590 $217,547
2024 $2,337 $216,186 $39,823 $176,363
2023 $2,273 $211,948 $39,043 $172,905
2022 $2,171 $207,793 $38,278 $169,515
2021 $2,174 $203,718 $37,527 $166,191
2020 $2,147 $201,629 $37,142 $164,487
2019 $2,086 $197,676 $36,414 $161,262
2018 $2,047 $193,800 $35,700 $158,100
2017 $2,012 $190,000 $35,000 $155,000
2016 $1,341 $125,204 $31,831 $93,373
2015 $1,322 $123,323 $31,353 $91,970
2014 $1,303 $120,907 $30,739 $90,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 120507

Tulare County MLS

APN: 094-072-005-000