NOT LISTED FOR SALE

516 N Dickran Dr Tulare, CA 93274

Northeast Tulare Neighborhood

Estimated Value: $385,000 - $529,000

4 Beds
2 Baths
-- Sq Ft
0.27 Acres

Last Sold January 26, 2021

Last sale price $315,000

Est. 38% increase in value since last sale

Current estimated payment $2,590/month

5 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Double Pane Windows
  • Central Heating and Cooling System
  • 3 Car Garage

About This Home

As of January 2021

Amazing investment opportunity! This great property is on a large lot with a main home that's 3/1, along with a duplex where each duplex unit is a 2/1. They even have their own yards and garages! This one is is a rare find. Both duplex units are rented out with long-term and very happy renters. This baby is CASH FLOW ready! You could easily buy and move right into the 3 bedroom unit while continuing to rent out the duplex and have a laughable mortgage payment. Or, buy this baby and rent out the 3 bedroom home for crazy cash flow. Where else are you going to find an opportunity like this? Hold up though, I'm not even done with the good stuff. Both the duplex units have been recently remodeled, and they look amazing. They also have upgraded central HVAC units that should provide a good, long service life for you. Anyhow, you should probably stop reading this and get a look for yourself, because there's no way this one will last. Don't miss out!

Last Agent to Sell the Property

Dan Phipps

Professional Realty Associates License #01787771 Listed on: 12/09/2020

Professional Realty Associates

Last Buyer's Agent

Willie Gallegos

The Real Estate Connection License #01206680

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 0.27 Acre Lot

Parking

  • 3 Car Garage
  • Carport
  • 1 Parking Space Included

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Free-Standing Gas Range

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1702-7101-4000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1951
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Carpet, Laminate, Tile
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Slab
  • Listing Price: 300000.00
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Carport, Garage, 1+ Space Per Unit

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: Multi Family
  • Lot Size Acres: 0.2747
  • Lot Size Sq Ft: 11965

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 1702-7101-4000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 13, 2021
Sold by
Hamilton Daniel G
Bought by
Ferreira Igor S and Ferreira Laurie M
Seller's Agent
Dan Phipps
Professional Realty Associates
Buyer's Agent
Willie Gallegos
The Real Estate Connection
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Current Estimated Value
$436,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,255
Avg. Annual Appreciation
6.77%
Original Mortgage
$227,250
Outstanding Balance
$202,821
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$233,434

Purchase Details

Closed on
Jul 2, 2020
Sold by
Hamilton Daniel G
Bought by
Hamilton Daniel G

Purchase Details

Closed on
May 1, 2017
Sold by
Gensiracusa Jeannine B
Bought by
Hamilton Daniel and Hamilton Susan
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
Ferreira Igor S $315,000 Chicago Title Company
Hamilton Daniel G -- None Available
Hamilton Daniel -- None Available
Hamilton Daniel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferreira Igor S $227,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2021 01/26/21 Sold $315,000 +5.0% --
12/14/2020 12/14/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $300,000 -- --
Source: MetroList

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 $3,711 $340,965 $64,945 $276,020
2024 $3,711 $334,280 $63,672 $270,608
2023 $3,617 $327,726 $62,424 $265,302
2022 $3,511 $321,300 $61,200 $260,100
2021 $2,003 $182,040 $34,675 $147,365
2020 $2,037 $180,173 $34,319 $145,854
2019 $2,088 $176,640 $33,646 $142,994
2018 $2,054 $173,176 $32,986 $140,190
2017 $2,035 $169,780 $32,339 $137,441
2016 $1,946 $166,451 $31,705 $134,746
2015 $1,881 $163,951 $31,229 $132,722
2014 $1,881 $160,739 $30,617 $130,122
Source: Public Records

Agents Affiliated with this Home

  • Dan Phipps

    Seller's Agent in 2021

    Dan Phipps

    Professional Realty Associates

    (209) 618-2322

    3 in this area

    93 Total Sales

    Dan Phipps
    Section Image

  • W

    Buyer's Agent in 2021

    Willie Gallegos

    The Real Estate Connection

    Section Image
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Map

Source: MetroList

MLS Number: 20072626

MetroList

APN: 170-271-014-000

California Tulare County Tulare 93274 Northeast Tulare

516 N Dickran Dr, Tulare, CA

Not Listed for Sale

MultiFamily

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