NOT LISTED FOR SALE

409 E Roosevelt Ave Tulare, CA 93274

Northeast Tulare Neighborhood

Estimated Value: $422,973 - $610,000

5 Beds
4 Baths
2,579 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 07, 2016

Last sale price $260,000 $101 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,813/month

472 Days on Market

Highlights

  • 9,020 Acre Lot
  • Forced Air Heating and Cooling System
  • 4-minute walk to Blain Park
  • Laundry Room
  • Central Vacuum

About This Home

As of December 2016

Marketing Remarks: Bring your investors. Great triplex in Tulare. Desirable location. Fully rented, new roof, newly painted & two new air-conditioners. Offer at a gross cap rate of 8.92

Last Agent to Sell the Property

Frank Limas

Limas Properties License #01331179 Listed on: 03/07/2016

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,284

Year Built

  • Built in 1979

Lot Details

  • 9,020

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,579 Sq Ft Home
  • Central Vacuum
  • Laundry Room

Parking

  • Parking Available
  • Covered Parking

Additional Features

  • 9,020 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • 3 Units
  • Gross Income $24,540

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • Assessor Parcel Number 166100031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,284

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Subdivision Name Other: Out of Area(962)
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 166100031
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Vacuum Central
  • Levels: One
  • Price Per Square Foot: 100.81

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Laundry: Yes
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 392911200.00
  • Lot Size Acres: 9020.0000

Rental Info

  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Gross Multiplier: 8.84
  • Gross Operating Income: 24540.00
  • Lot Size Area: 9020.0000 Acres
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
Oct 18, 2016
Sold by
Bunker Douglas B
Bought by
Vanderham Robert W and Vanderham Lena A
Seller's Agent
Frank Limas
Limas Properties
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%
Current Estimated Value
$463,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,773

Purchase Details

Closed on
Jan 8, 2013
Sold by
Bunker Douglas B
Bought by
Bunker Douglas B and Coelho Bunker Cynthia A

Purchase Details

Closed on
Aug 27, 2012
Sold by
Charest Sandy D
Bought by
Bunker Douglas B and Coelho Bunker Cynthia

Purchase Details

Closed on
Oct 20, 2001
Sold by
Moore Gerald K
Bought by
Moore Gerald K and Moore Rose Evelyn

Purchase Details

Closed on
Apr 10, 2000
Sold by
Freitas Danny S
Bought by
Moore Gerald and Moore Bobbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.22%
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
Vanderham Robert W -- Chicago Title Company
Bunker Douglas B -- None Available
Bunker Douglas B $160,000 Chicago Title Company
Moore Gerald K -- --
Moore Gerald $160,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Gerald $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2016 12/07/16 Sold $260,000 -13.0% $101 / Sq Ft
10/14/2016 10/14/16 Pending -- -- --
06/30/2015 06/30/15 For Sale $299,000 -- $116 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,284 $301,749 $58,027 $243,722
2024 $3,284 $295,834 $56,890 $238,944
2023 $3,201 $290,034 $55,775 $234,259
2022 $3,107 $284,348 $54,682 $229,666
2021 $3,068 $278,773 $53,610 $225,163
2020 $3,119 $275,914 $53,060 $222,854
2019 $3,198 $270,504 $52,020 $218,484
2018 $3,146 $265,200 $51,000 $214,200
2017 $3,117 $260,000 $50,000 $210,000
2016 $1,946 $166,438 $52,012 $114,426
2015 $1,881 $163,938 $51,231 $112,707
2014 $1,881 $160,726 $50,227 $110,499
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2016

    Frank Limas

    Limas Properties

    (559) 280-9030

    4 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    Nonmember Nonmember

    Nonmember Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SP1056773

California Regional Multiple Listing Service (CRMLS)

APN: 166-100-031-000

California Tulare County Tulare 93274 Northeast Tulare

409 E Roosevelt Ave, Tulare, CA

This home is located at 409 E Roosevelt Ave, Tulare, CA 93274 since 07 March 2016 and is currently estimated at $501,243, approximately $194 per square foot. This property was built in 1979. 409 E Roosevelt Ave is a home located in Tulare County with nearby schools including Garden Elementary School, Cherry Avenue Middle School, and Tulare Western High School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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