NOT LISTED FOR SALE

Estimated Value: $555,000 - $697,000

10 Beds
8 Baths
5,835 Sq Ft
$109/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2024

Last sale price $700,000 $120 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,483 / mo

9 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Redwood High School Rated A
  • 1 Car Garage
  • 4-minute walk to Memorial Park

About This Home

As of November 2024

Discover a lucrative 7-plex investment in Visalia, CA, featuring a unique blend of residential units ideal for rental income. The property includes a charming front house with its own garage, boasting 2 bedrooms and 2 bathrooms. Behind the front house is three separate buildings housing a total of six additional units, professionally managed by a trusted local property management company. The back units offer a mix of comfortable 2-bedroom, 1-bathroom layouts and cozy 1-bedroom, 1-bathroom options, catering to a diverse rental market. Perfectly positioned for convenience and growth, this property presents an excellent chance to capitalize on rental demand in a sought-after neighborhood. Whether you're expanding your portfolio or starting fresh, seize this opportunity to own a well-maintained, income-producing asset. Property being sold separately or as a package of 24 total units.

Last Agent to Sell the Property

Concetto Sciacca

Century 21 Jordan-Link & Company License #01852398 Listed on: 07/08/2024

Century 21 Jordan-Link & Company

Last Buyer's Agent

Kristian Knox

KW Venture License #01770992

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 217x50
  • 093-252-008-000

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 5,835 Sq Ft Home
  • 1-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 093252007000

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.25 Acres

Parking

1

Listing Details

  • Property Sub Type: 5+ Units
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Lot Size: 217x50
  • Directions: From Main St and Court go West. North on Hall St.
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1972
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 10

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.0
  • General Information:Garage: Yes
  • General Information:_pound_ of Garage Spaces: 1.0
  • Unit 1:Garage Spaces: 1
  • Unit 1:Garage Attached: Yes

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Additional Parcels Description: 093-252-008-000
  • Additional Parcels: Yes
  • Parcel #: 093252007000
  • ResoLotSizeUnits: Acres

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
M Wayne Atkins Family Limited Partnershi
Bought by
Gummy Bear Holdings Llc
Current Estimated Value
$637,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1999
Sold by
Wundram Wayne L
Bought by
City Of Visalia

Purchase Details

Closed on
May 24, 1995
Sold by
Atkins M Wayne
Bought by
The Atkins Family Ltd Partnership

Purchase Details

Closed on
Dec 29, 1994
Sold by
Wundram Ruth A
Bought by
Wundram Wayne L
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
Gummy Bear Holdings Llc $3,750,000 Chicago Title
City Of Visalia -- --
The Atkins Family Ltd Partnership -- --
Wundram Wayne L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gummy Bear Holdings Llc $1,750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $700,000 -26.3% $120 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $950,000 -- $163 / 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 $944 $88,243 $9,184 $79,059
2024 $944 $86,513 $9,004 $77,509
2023 $918 $84,818 $8,828 $75,990
2022 $877 $83,155 $8,655 $74,500
2021 $878 $81,524 $8,485 $73,039
2020 $859 $80,688 $8,398 $72,290
2019 $839 $79,106 $8,233 $70,873
2018 $824 $77,555 $8,072 $69,483
2017 $810 $76,035 $7,914 $68,121
2016 $800 $74,544 $7,759 $66,785
2015 $778 $73,424 $7,642 $65,782
2014 $778 $71,985 $7,492 $64,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 230227

Tulare County MLS

APN: 093-252-007-000

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