NOT LISTED FOR SALE

409 E Roosevelt Ave Tulare, CA 93274

Northeast Tulare Neighborhood

Estimated Value: $418,977 - $543,000

5 Beds
4 Baths
2,579 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 07, 2016

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

Est. 54% increase in value since last sale

Current estimated payment $2,368/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

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

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
$399,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,616
Avg. Annual Appreciation
7.33%

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:

--
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
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 List to Sale Price per Sq Ft
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

    1 Total Sale

    Frank Limas
    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

Not Listed for Sale

MultiFamily

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