NOT LISTED FOR SALE

Estimated Value: $392,000 - $936,361

12 Beds
6 Baths
4,608 Sq Ft
$128/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $890,000 $193 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $3,435/month

7 Days on Market

Highlights

  • 0.39 Acre Lot
  • Patio
  • Laundry Room
  • No HOA
  • Living Room
  • Two cooling system units

About This Home

As of February 2024

Two TRIPLEXES with separate APN's, share common yard and parking and will be sold together. The property is well located in central Visalia close to schools, Mooney commercial corridor, Kaweah Medical center and the downtown entertainment and shopping district. Seasoned tenants date back to 1997. This property has been professionally managed and is in good condition with all systems working and being repaired as issues are reported. Rents range from $825 - $995 per month. All units are the same. Each unit has a small private yard area. A common Laundry is provided for the tenants at no charge. Off street parking includes covered and uncovered spaces for each tenant. Roofs on both buildings replaced with Solarguard Foam Systems May of 2017. Some photos are file photos of sample units.

Last Agent to Sell the Property

Ed Evans

RE/MAX Success License #00649469 Listed on: 01/16/2024

Last Buyer's Agent

Jason Hutton

Mill Creek Management & Real Estate Sales, Inc. License #01793843

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,324

Year Built

  • Built in 1961

Lot Details

  • 0.39 Acre Lot
  • Fenced
  • Level Lot
  • Back Yard
  • 096171012000

Parking

  • No Garage

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,608 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gas Range
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Operating Expense $13,288

Listing and Financial Details

  • Assessor Parcel Number 096171011000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,324

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: 5+ Units
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.39
  • Lot Size: 127.2 x 133.27 or 63.6 x 133.27 and 63.6 x 133.27
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Directions: From 198 south on Locust to West on Tulare to property on the South isde of the street. No sign on the property.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1961
  • ResoBuildingAreaSource: PublicRecords
  • Rooms:Living Room2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Range, Gas Water Heater, Water Heater
  • Total Bedrooms: 12
  • Flooring: Carpet, Combination, Laminate, Vinyl
  • Appliances:Gas Range: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Lot Features: Back Yard, Fencing, Level
  • Pool Private: No
  • Construction Type: Frame, Stucco
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio
  • Roof: Flat
  • Lot Features:Fencing: Yes
  • Lot Features:Back Yard: Yes
  • Patio and Porch Features:Patio2: Yes
  • Construction:Stucco: Yes
  • Lot Features:Level: Yes
  • Construction:Frame: Yes

Garage/Parking

  • General Information:Garage: No

Utilities

  • Laundry Features: Laundry Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Dual
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Water Heater: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 16926.0
  • Additional Parcels Description: 096171012000
  • Additional Parcels: Yes
  • Parcel #: 096171011000
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Operating Expense: 13288.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 15, 2024
Sold by
Lewis And Gindick Real Property Revocabl
Bought by
Nash Ltd Partnership
Seller's Agent
Ed Evans
RE/MAX Success
Buyer's Agent
Jason Hutton
Mill Creek Management & Real Estate Sales, Inc.
List Price
$925,000
Sold Price
$890,000
Premium/Discount to List
-$35,000
-3.78%
Views
206
Current Estimated Value
$591,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$298,105
Avg. Annual Appreciation
-26.69%

Purchase Details

Closed on
Aug 26, 2005
Sold by
Lewis Ritchie M
Bought by
Lewis Tia Gindick and Gindick Jonathan F

Purchase Details

Closed on
Jul 27, 2005
Sold by
Gindick Jonathan F
Bought by
Lewis Tia Gindick and Gindick Jonathan F
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
Nash Ltd Partnership $890,000 Stewart Title Of California
Lewis Tia Gindick -- --
Lewis Tia Gindick -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $890,000 -3.8% $193 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $925,000 -- $201 / 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 $2,324 $453,900 $102,000 $351,900
2024 $2,324 $215,522 $81,394 $134,128
2023 $2,260 $211,298 $79,799 $131,499
2022 $2,159 $207,156 $78,235 $128,921
2021 $2,162 $203,094 $76,701 $126,393
2020 $2,140 $201,012 $75,915 $125,097
2019 $2,076 $197,070 $74,426 $122,644
2018 $2,037 $193,206 $72,967 $120,239
2017 $2,002 $189,417 $71,536 $117,881
2016 $1,979 $185,703 $70,133 $115,570
2015 $1,922 $182,914 $69,080 $113,834
2014 $1,922 $179,331 $67,727 $111,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 227271

Tulare County MLS

APN: 096-171-012-000