NOT LISTED FOR SALE

4422 E Douglas Ave Visalia, CA 93292

Northeast Visalia Neighborhood

Estimated Value: $487,000 - $632,000

9 Beds
9 Baths
4,536 Sq Ft
$127/Sq Ft Est. Value

Last Sold February 01, 2016

Last sale price $470,000 $104 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,414/month

30 Days on Market

Highlights

  • Contemporary Architecture
  • Fireplace
  • Tile Countertops
  • Balcony
  • Walk-In Closet
  • Tile Flooring

About This Home

As of February 2016

This is a great income property in a pleasant and well-located neighborhood with good schools.

Last Agent to Sell the Property

Laura Caplan

Keller Williams Palo Alto License #01376116 Listed on: 11/04/2015

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,454

Year Built

  • 1989

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Back Yard

Parking

  • 7 Car Garage

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 4,536 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Low Flow Toliet
  • Low Flow Shower

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Community Sewer or Septic

Additional Features

  • Energy-Efficient HVAC
  • Balcony

Listing and Financial Details

  • Total Actual Rent $44,040

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,685
  • Insurance Expense $1,449
  • Maintenance Expense $2,000
  • Manager Expense $2,642
  • Other Expense $375
  • Operating Expense $8,151
  • Gross Income $41,838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,454

Year Built

1989

Lot Details

0

Parking

7

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Style: Contemporary
  • Age: 26
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4536
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1989

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Gas, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Gas
  • Living Sq Ft: 4536
  • Stories: 2
  • Laundry: Hookups Only, Washer/Dryer - Some Units
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 7
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Community Sewer / Septic

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: Visalia Unified
  • Elementary School: Hurley Elementary
  • Middle School: Valley Oak Middle
  • High School: Redwood High
  • High School: 36933
  • Elementary School: 36964
  • Middle School: 36958

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13786.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13786.00

Green Features

  • Energy Features: Ceiling Insulation, Energy Star Hvac, Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Lease(s), Month To Month
  • Gross Rent Multiplier: 10.79
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1449
  • Expense Landscape: 1685
  • Expense Maintenance: 2000
  • Expense Management: 2642
  • Expenses Other: 375
  • Expenses Total: 8151
  • Income Annual Gross: 41838.00
  • Income Annual Rental: 44040
  • Income Gross Scheduled: 44040
  • Income Includes: Rents
  • Meters: Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance - Exterminator, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2014
Closed on
Feb 4, 2015
Sold by
Richardson Colleen J
Bought by
Saltzman Steven S
Seller's Agent
Alisa Satterlee
RE/MAX Success
Buyer's Agent
Lorena Bailey
Berkshire Hathaway HomeServices California Realty
List Price
$345,000
Sold Price
$342,000
Premium/Discount to List
-$3,000
-0.87%
Current Estimated Value
$586,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,153
Avg. Annual Appreciation
5.25%
Original Mortgage
$342,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Oct 21, 2013
Sold by
Richardson Colleen J
Bought by
Richardson Colleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,549
Interest Rate
4.46%
Mortgage Type
VA

Purchase Details

Closed on
Feb 9, 2010
Sold by
Department Of Veterans Affairs Of The St
Bought by
Richardson Christopher R and Richardson Andreia L

Purchase Details

Closed on
Aug 28, 2009
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Mcbrien Colleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,562
Interest Rate
5.25%
Mortgage Type
VA

Purchase Details

Closed on
Jun 19, 2009
Sold by
Lynch Michael J
Bought by
The Bank Of New York Mellon Trust Co Na and The Bank Of New York Trust Company Na

Purchase Details

Closed on
Mar 18, 2005
Sold by
Benart S & L Custom Homes
Bought by
Lynch Michael J and Lynch Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,511
Interest Rate
5.87%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Saltzman Steven S $342,000 First American Title Company
Richardson Colleen J -- Liberty Title Company Llc
Richardson Christopher R -- None Available
Mcbrien Colleen J $310,000 Fidelity Natl Title Co Of Ca
The Bank Of New York Mellon Trust Co Na $274,500 None Available
Lynch Michael J $460,000 Chicago Title Co
Benart S & L Custom Homes -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saltzman Steven S $336,796
Closed Saltzman Steven S $342,000
Previous Owner Richardson Colleen J $299,549
Previous Owner Mcbrien Colleen J $316,562
Previous Owner Lynch Michael J $177,000
Previous Owner Lynch Michael J $44,511
Previous Owner Lynch Michael J $352,000
Closed Lynch Michael J $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2016 02/01/16 Sold $470,000 -1.1% $104 / Sq Ft
12/05/2015 12/05/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $475,000 +38.9% $105 / Sq Ft
02/27/2015 02/27/15 Sold $342,000 -0.9% $146 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $345,000 -- $147 / Sq Ft
Source: MLSListings

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 $2,454 $411,030 $60,091 $350,939
2024 $2,454 $402,971 $58,913 $344,058
2023 $2,446 $395,070 $57,758 $337,312
2022 $4,216 $387,325 $56,626 $330,699
2021 $4,209 $379,731 $55,516 $324,215
2020 $4,172 $375,838 $54,947 $320,891
2019 $4,029 $368,469 $53,870 $314,599
2018 $3,926 $361,244 $52,814 $308,430
2017 $3,859 $354,160 $51,778 $302,382
2016 $3,787 $347,216 $50,763 $296,453
2015 $3,552 $270,000 $70,000 $200,000
2014 $3,552 $325,376 $63,180 $262,196
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Laura Caplan

    Keller Williams Palo Alto

  • R

    Buyer's Agent in 2016

    RECIP

    Out of Area Office

  • A

    Seller's Agent in 2015

    Alisa Satterlee

    RE/MAX

  • L

    Buyer's Agent in 2015

    Lorena Bailey

    Berkshire Hathaway HomeServices California Realty

    (559) 972-1088

    47 Total Sales

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Map

Source: MLSListings

MLS Number: ML81521494

MLSListings

APN: 103-320-017-000

California Tulare County Visalia 93292 Northeast Visalia

4422 E Douglas Ave, Visalia, CA

This home is located at 4422 E Douglas Ave, Visalia, CA 93292 since 04 November 2015 and is currently estimated at $575,789, approximately $126 per square foot. This property was built in 1989. 4422 E Douglas Ave is a home located in Tulare County with nearby schools including Golden Oak Elementary School, Valley Oak Middle School, and Golden West High School.

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