NOT LISTED FOR SALE

425 E Putnam Ave Porterville, CA 93257

Porterville Northeast Neighborhood

Estimated Value: $447,622 - $558,000

3 Beds
4 Baths
3,046 Sq Ft
$160/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $389,000 $128 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,919/month

13 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • Evaporated cooling system

About This Home

As of April 2023

Live in one apartment and rent out the other three or rent out all four. There are three one-bedroom apartments, and one is a studio apartment, they have character and charm that older buildings have. It is a two story and each floor have laundry facilities. Call today!

Last Agent to Sell the Property

Lynn Trice

Melson Realty, Inc. License #01158741 Listed on: 04/08/2023

Last Buyer's Agent

Ruben Olguin

Melson Realty, Inc. License #01219337

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 110 x 50

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,046 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Range
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 253111002000

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

5,500 Sq Ft Lot

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 110 x 50
  • Directions: Hwy 65 and Henderson, go East on Henderson to Plano St turn south on Plano to Putnam, turn east to property on the south side of the street
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1925
  • ResoBuildingAreaSource: PublicRecords
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Range, Refrigerator
  • Total Bedrooms: 3
  • Fireplace: No
  • Appliances:Gas Range: Yes

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel
  • General Information:Garage: No
  • Parking Features:Gravel2: Yes

Utilities

  • Laundry Features: Main Level, Upper Level
  • Cooling: Ceiling Fan(s), Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5500.0
  • Additional Parcels: No
  • Parcel #: 253111002000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2024
Sold by
Mao Properties Llc
Bought by
Somo Properties Llc
Current Estimated Value
$486,906

Purchase Details

Listed on
Apr 8, 2023
Closed on
Apr 17, 2023
Sold by
Hankins Family Trust
Bought by
Mao Properties Llc
Seller's Agent
Lynn Trice
Melson Realty, Inc.
Buyer's Agent
Ruben Olguin
Melson Realty, Inc.
List Price
$399,000
Sold Price
$389,000
Premium/Discount to List
-$10,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Mar 27, 2020
Sold by
Hankins Marlene M and Hankins Ronald G
Bought by
Hankins Marlene M and Hankins Ronald G

Purchase Details

Closed on
Feb 5, 2020
Sold by
Hankins Marlene M
Bought by
Hankins Ronald G and Hankins Marlene M

Purchase Details

Listed on
Aug 6, 2014
Closed on
Oct 24, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Hankins Marlene
Seller's Agent
Tammy Johnston
Century 21 Jordan-Link & Co/Tulare
Buyer's Agent
Elizabeth Anderson
Melson Realty, Inc.
List Price
$168,500
Sold Price
$150,000
Premium/Discount to List
-$18,500
-10.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$105,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2013
Sold by
Berscheid Karl J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 8, 2008
Sold by
Berscheid Karl J
Bought by
Berscheid Karl J and Karl J Berscheid Revocable Inter Vivos T

Purchase Details

Closed on
Mar 11, 2005
Sold by
Fitzpatrick James R and Fitzpatrick Gail Ann
Bought by
Berscheid Karl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2000
Sold by
Fitzpatrick James R and Fitzpatick Gail Ann
Bought by
Wilson Troy L and Wilson Starlett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.26%
Mortgage Type
Seller Take Back
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
Somo Properties Llc -- None Listed On Document
Mao Properties Llc $389,000 Stewart Title Of California
Hankins Marlene M -- None Available
Hankins Ronald G -- None Available
Hankins Marlene $150,000 First American Title Company
Hankins Marlene -- First American Title Company
Deutsche Bank National Trust Company $125,800 Accommodation
Berscheid Karl J -- None Available
Berscheid Karl J $225,000 Stewart Title Of California
Wilson Troy L $85,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hankins Marlene $105,000
Previous Owner Berscheid Karl J $157,500
Previous Owner Wilson Troy L $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2023 04/24/23 Sold $389,000 0.0% $128 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
03/30/2023 03/30/23 Off Market $389,000 -- --
03/30/2023 03/30/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $399,000 +166.0% $131 / Sq Ft
10/30/2014 10/30/14 Sold $150,000 0.0% $49 / Sq Ft View Prior Sale
10/30/2014 10/30/14 Sold $150,000 -11.0% $49 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
09/08/2014 09/08/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $168,500 0.0% $55 / Sq Ft
07/18/2014 07/18/14 For Sale $168,500 -- $55 / 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 $4,298 $404,715 $52,020 $352,695
2024 $4,298 $396,780 $51,000 $345,780
2023 $1,913 $173,277 $28,880 $144,397
2022 $1,854 $169,880 $28,314 $141,566
2021 $1,832 $166,549 $27,759 $138,790
2020 $1,813 $164,841 $27,474 $137,367
2019 $1,780 $161,609 $26,935 $134,674
2018 $1,748 $158,440 $26,407 $132,033
2017 $1,705 $155,333 $25,889 $129,444
2016 $1,637 $152,287 $25,381 $126,906
2015 $1,124 $150,000 $25,000 $125,000
2014 $1,124 $105,000 $15,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Lynn Trice

    Seller's Agent in 2023

    Lynn Trice

    Melson Realty, Inc.

    (559) 359-0256

    3 in this area

    74 Total Sales

    Lynn Trice
    Section Image

  • R

    Buyer's Agent in 2023

    Ruben Olguin

    Melson Realty, Inc.

    (559) 280-9384

    1 in this area

    84 Total Sales

    Ruben Olguin
    Section Image

  • T

    Seller's Agent in 2014

    Tammy Johnston

    Century 21 Jordan-Link & Co/Tulare

  • E

    Buyer's Agent in 2014

    Elizabeth Anderson

    Melson Realty, Inc.

See All Agents

Map

Source: Tulare County MLS

MLS Number: 222763

Tulare County MLS

APN: 253-111-002-000

California Tulare County Porterville 93257 Porterville Northeast

425 E Putnam Ave, Porterville, CA

Not Listed for Sale

MultiFamily

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.

Tulare County MLS Based on information from the Tulare County Association of REALTORS®. 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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