NOT LISTED FOR SALE

Estimated Value: $450,000 - $570,000

8 Beds
4 Baths
9,300 Sq Ft
$53/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $562,500 $60 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $2,810/month

482 Days on Market

Highlights

  • Waterfront
  • 1 Acre Lot
  • 1-Story Property
  • Monache High School Rated A-

About This Home

As of May 2013

38 and 46 N. Newcomb and 43 N. Lotas. 38 and 46 N. Newcomb are 2 four plexes split. All units are identical 2 bedroom, 1 full bath, living and kitchen areas. New water heaters and low flow toilets in most units, tile kitchen floors and counter tops, stainless steel sink, newer stoves and refigerators, tile in hall and bath areas, master bedrooms has his and her closets full length, second bedroom has full size closet. Ceiling fans in bedrooms and kitchens. Newer 2004 Dual/pack A/C and heat units. Security screen doors front and back. Newer comp roof 30 year. 2 laundry facilities. Covered parking. Property and units in great condition. Each unit looks out to beautiful court yard, mature landscaping with water fountain and benches. Water, sewer, garbage paid. 43 N. Lotas backs up to Newcomb property .52 acre older remodled home has 3 bedroom, 2 bath also has two studio apartments all inclusive $825.00 per mo. with own laundry. 100% occupancy with great rental history!

Last Agent to Sell the Property

Margret Schofield

Keller Williams Realty - Kings County Listed on: 01/15/2013

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office License #99999999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1974

Lot Details

  • 1 Acre Lot
  • Waterfront

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 9,300 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 251291025000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,330

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: 5+ Units
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Directions: West on Olive, Right on Newcomb units on right first driveway.
  • Building Stories: 1
  • Year Built: 1974
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Exterior Features

  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Construction Type: Stucco
  • Roof: Composition
  • Construction:Stucco: Yes
  • Waterfront Features:Waterfront2: Yes

Utilities

  • Sewer: None
  • Utilities: Water Connected

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 251291025000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2013
Closed on
May 15, 2013
Sold by
Alford Shelly A
Bought by
Kaweah Management Company Inc
Seller's Agent
Margret Schofield
Keller Williams Realty - Kings County
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$599,995
Sold Price
$562,500
Premium/Discount to List
-$37,495
-6.25%
Current Estimated Value
$495,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,167
Avg. Annual Appreciation
-2.12%
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 Buyer Sale Price Title Company
Kaweah Management Company Inc $562,500 Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $562,500 -6.2% $60 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
11/02/2011 11/02/11 For Sale $599,995 -- $65 / 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 $1,330 $125,269 $11,997 $113,272
2024 $1,330 $122,813 $11,762 $111,051
2023 $665 $120,406 $11,532 $108,874
2022 $0 $118,046 $11,306 $106,740
2021 $636 $115,731 $11,084 $104,647
2020 $315 $114,544 $10,970 $103,574
2019 $309 $112,298 $10,755 $101,543
2018 $304 $110,096 $10,544 $99,552
2017 $296 $107,937 $10,337 $97,600
2016 $284 $105,820 $10,134 $95,686
2015 -- $104,231 $9,982 $94,249
2014 -- $102,189 $9,786 $92,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 182424

Tulare County MLS

APN: 251-291-025-000