NOT LISTED FOR SALE

Estimated Value: $446,000 - $537,000

16 Beds
8 Baths
10,098 Sq Ft
$49/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $1,300,000 $129 Per Sq Ft

Current estimated payment $2,955/month

3 Days on Market

Highlights

  • 1.49 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Porterville High School Rated A-

About This Home

As of August 2021

Investors Delight! Total of 5 APN's 3 are Quadruplex and 2 are Land.
Units are all Rented and are 2+1 and have Carports. Buildings have been newly Painted.
Definite must pursue investment!

Last Agent to Sell the Property

Carlos Vela

Capitol Real Estate Group, Inc License #01954889 Listed on: 07/02/2021

Co-Listed By

Isaias Escobedo

Capitol Real Estate Group, Inc License #01894708

Last Buyer's Agent

Frank Romine

The Equity Group License #01957844

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 1.49 Acre Lot
  • Two or More Common Walls
  • 2 - Quadruplex (3 Total) 371 & 385 S E St and 382 S. F Street 2 - Residential-Vacant Land 383 S E

Parking

  • No Garage

Home Design

  • Stucco

Interior Spaces

  • 10,098 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for water
  • Assessor Parcel Number 260241018000

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

1.49 Acres

Listing Details

  • Property Sub Type: 5+ Units
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.49
  • Lot Size: irregular
  • Co List Office Phone: 888-764-8232
  • Directions: Tulare Ave head west to E street.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1987
  • Common Walls:_two_ Common Walls: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Total Bedrooms: 16
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • Common Walls: 2+ Common Walls
  • Construction Type: Stucco
  • Roof: Other
  • Construction:Stucco: Yes

Garage/Parking

  • General Information:Garage: No

Utilities

  • Cooling: Other, Central Air
  • Heating: Other, Central
  • Sewer: Public Sewer
  • Utilities: Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Other3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 64976.0
  • Additional Parcels Description: 2 - Quadruplex (3 Total) 371 & 385 S E St and 382 S. F Street 2 - Residential-Vacant Land 383 S E
  • Additional Parcels: Yes
  • Parcel #: 260241018000
  • Zoning Description: c
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Income Includes: ["Rent Only"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jul 20, 2021
Sold by
G & B Holdings & Investments Llc
Bought by
Alexander Shannon Shawn and Alexander Donna K
Seller's Agent
Carlos Vela
Capitol Real Estate Group, Inc
Buyer's Agent
Frank Romine
The Equity Group
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$495,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$804,333
Avg. Annual Appreciation
-18.95%
Original Mortgage
$780,000
Outstanding Balance
$703,109
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$207,442

Purchase Details

Closed on
Dec 2, 2020
Sold by
Roberts David C and Dutch Sandra R
Bought by
G & B Holdings & Investments Llc

Purchase Details

Closed on
Nov 18, 2020
Sold by
Borrud Robin L and Roberts David C
Bought by
Roberts David C

Purchase Details

Closed on
Dec 19, 1994
Sold by
Roberts David C
Bought by
Dutch Malcolm and Dutch Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
9.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1993
Sold by
Roberts Lilian H
Bought by
Roberts David C and Dutch Malcolm
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alexander Shannon Shawn $1,300,000 Placer Title Company
G & B Holdings & Investments Llc $220,000 Placer Title Company
Roberts David C -- Placer Title Company
Dutch Malcolm -- Central Title Company
Roberts David C -- --
Roberts Lilian H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Shannon Shawn $780,000
Previous Owner Dutch Malcolm $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $1,300,000 0.0% $129 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $1,300,000 -- $129 / Sq Ft
Source: Tulare County MLS

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 $4,176 $393,175 $25,468 $367,707
2024 $4,176 $385,467 $24,969 $360,498
2023 $2,527 $228,888 $41,616 $187,272
2022 $2,449 $224,400 $40,800 $183,600
2021 $2,369 $215,389 $39,260 $176,129
2020 $2,344 $213,180 $38,857 $174,323
2019 $2,302 $209,000 $38,095 $170,905
2018 $2,261 $204,902 $37,348 $167,554
2017 $2,205 $200,885 $36,616 $164,269
2016 $2,117 $196,946 $35,898 $161,048
2015 $2,036 $193,988 $35,359 $158,629
2014 $2,036 $190,188 $34,666 $155,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 211928

Tulare County MLS

APN: 260-241-018-000

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