NOT LISTED FOR SALE

4240 W Cypress Ave Visalia, CA 93277

Estimated Value: $646,000 - $801,000

9 Beds
8 Baths
4,559 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $525,000 $115 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,936/month

5 Days on Market

Highlights

  • Private Pool
  • Front Porch
  • Level Lot
  • Neighborhood Views
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of June 2021

Fourplex in a nice complex in southwest Visalia near freeway 198. Association covers common areas, carports and pool, Currently fully rented. One unit has new appliances, paint and floor coverings. One new air conditioning unit. There are (3) two bedroom two bath units and (1) three bedroom two bath unit.

Last Agent to Sell the Property

David Appling

Berkshire Hathaway HomeServices California Realty Listed on: 03/27/2021

Co-Listed By

Jackie Pemelton

Berkshire Hathaway HomeServices California Realty

Last Buyer's Agent

Scott Ellis

The Equity Group License #01226088

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,985

Year Built

  • Built in 1983

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 160 x 75
  • Two or More Common Walls
  • Level Lot

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 4,559 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 087060038000

Community Details

Overview

  • Association fees include ground maintenance, sewer, trash

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,985

Year Built

Built in 1983

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Lot Size: 160 x 75
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 212550995
  • Co List Office Phone: 559-732-2500
  • Directions: From Noble and Linwood go south on Linwood then east on Cypress to units on north side of street
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1983
  • ResoBuildingAreaSource: PublicRecords
  • Common Walls:_two_ Common Walls: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 9
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Fireplace Features:Living Room: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Lot Features: Level
  • Pool Features: Community
  • Pool Private: Yes
  • View: Neighborhood
  • Common Walls: 2+ Common Walls
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Porch
  • Roof: Tile
  • Patio and Porch Features:Front Porch: Yes
  • Construction:Wood Siding: Yes
  • Lot Features:Level: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction:Frame: Yes

Garage/Parking

  • General Information:Garage: No

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 750.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Information:Association Fees: 750.0

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Trash

Lot Info

  • Lot Size Sq Ft: 12066.0
  • Additional Parcels: No
  • Parcel #: 087060038000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Income Includes: ["Rent Only"]

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Apr 30, 2021
Sold by
Gong Douglas J and Gong Vicent C
Bought by
Kaweah Management Company
Seller's Agent
David Appling
Berkshire Hathaway HomeServices California Realty
Buyer's Agent
Scott Ellis
The Equity Group
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$692,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,153
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Feb 20, 2020
Sold by
Gong Douglas J
Bought by
Gong Douglas J

Purchase Details

Closed on
May 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gong Douglas J and Gong Violet C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2009
Sold by
Evans Christopher
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 27, 2005
Sold by
Limas Frank L
Bought by
Evans Christopher and Evans Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2001
Sold by
Limas Frank L
Bought by
Limas Frank L and Limas Theresa

Purchase Details

Closed on
Jul 6, 1999
Sold by
Limas Theresa
Bought by
Limas Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.64%
Source: Public Records

Range of Values:

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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
Kaweah Management Company $525,000 None Available
Kaweah Management Company $525,000 Chicago Title Company
Gong Douglas J -- None Available
Gong Douglas J $274,000 Lsi Title
Federal Home Loan Mortgage Corporation $279,461 None Available
Evans Christopher $455,000 Chicago Title Co
Limas Frank L -- --
Limas Frank -- Chicago Title Co
Limas Frank $240,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gong Douglas J $207,500
Previous Owner Gong Douglas J $205,500
Previous Owner Evans Christopher $150,000
Previous Owner Evans Christopher R $354,000
Previous Owner Evans Christopher $328,500
Previous Owner Limas Frank L $168,500
Previous Owner Limas Frank $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $525,000 -4.5% $115 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $550,000 -- $121 / 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 $5,985 $568,275 $119,066 $449,209
2024 $5,985 $557,133 $116,732 $440,401
2023 $5,820 $546,210 $114,444 $431,766
2022 $5,561 $535,500 $112,200 $423,300
2021 $3,474 $326,752 $59,626 $267,126
2020 $3,443 $323,402 $59,015 $264,387
2019 $3,337 $317,061 $57,858 $259,203
2018 $3,274 $310,845 $56,724 $254,121
2017 $3,219 $304,750 $55,612 $249,138
2016 $3,181 $298,775 $54,522 $244,253
2015 $3,090 $294,287 $53,703 $240,584
2014 $3,090 $288,522 $52,651 $235,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 210038

Tulare County MLS

APN: 087-060-038-000