NOT LISTED FOR SALE

558 S Walnut St Porterville, CA 93257

Porterville Southeast Neighborhood

Estimated Value: $381,392 - $431,000

9 Beds
5 Baths
3,008 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $390,000 $130 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,291/month

142 Days on Market

Highlights

  • No HOA
  • West Facing Home
  • 1-Story Property
  • 2 Car Garage
  • Satellite Dish

About This Home

As of May 2024

ATTENTION all investors, this grand opportunity has arrived to live in your home and collect rental income from 3 other units. These vacation rentals are conveniently located near the Sierra's, lakes, fishing, hiking, camping, and the Eagle Mountain Casino where future development can be expected soon to arrive. These properties are newly renovated with neutral interior colors, vinyl wood flooring, brush nickel fixtures, all 4 units have a modern traditional look. The value lies within the potential to subdivide. The lot size offers room to build increasing your rental return. Come take a look for yourself and see the immense potential this place has to offer.

Last Agent to Sell the Property

Alfredo Molina

Bella Homes and Properties, Inc License #01902245 Listed on: 12/01/2023

Last Buyer's Agent

Cesar Gallardo

Realty Concepts, Ltd License #01386557

Realty Concepts, Ltd

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 0.48 Acre Lot
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,008 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in Garage
  • Laundry Located Outside

Utilities

  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Operating Expense $300

Listing and Financial Details

  • Assessor Parcel Number 262120024000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,097

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.48
  • Lot Size: Buyer to verify
  • Directions: South on highway 190, north on Plano, east on Springville Dr, north on Walnut to property. Walnut is a dirt road.
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 9
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.0
  • General Information:Garage: Yes
  • General Information:_pound_ of Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Unit 3:Garage Spaces3: 1
  • Unit 4:Garage Spaces4: 1

Utilities

  • Laundry Features: In Garage, Outside
  • Cooling: Wall/Window Unit(s)
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Satellite TV, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Other3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 21045.0
  • Additional Parcels: No
  • Parcel #: 262120024000
  • ResoLotSizeUnits: Acres

Multi Family

  • Income Includes: ["Rent Only"]
  • Annual Operating Expense: 300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
May 23, 2024
Sold by
Rodriguez Cristabeth
Bought by
Baca Salas Manuel
Seller's Agent
Alfredo Molina
Bella Homes and Properties, Inc
Buyer's Agent
Cesar Gallardo
Realty Concepts, Ltd
List Price
$705,000
Sold Price
$390,000
Premium/Discount to List
-$315,000
-44.68%
Views
194
Current Estimated Value
$404,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,464
Avg. Annual Appreciation
2.98%
Original Mortgage
$292,500
Outstanding Balance
$289,079
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$115,385

Purchase Details

Closed on
Nov 30, 2021
Sold by
Chen Li Qing
Bought by
Gulf Blvd Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2009
Sold by
Wu Raymond Minh
Bought by
Chen Li Qing

Purchase Details

Closed on
May 6, 2003
Sold by
Maples Bradley K and Maples Maureen L
Bought by
Wu Raymond Minh

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
5.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 2000
Sold by
Maples Bradley K and Maples Maureen L
Bought by
Maples Bradley K and Maples Maureen L

Purchase Details

Closed on
Nov 25, 1998
Sold by
May Judith A
Bought by
Maples Bradley K and Maples Maureen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,338
Interest Rate
6.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Baca Salas Manuel -- Chicago Title
Baca Salas Manuel $390,000 Chicago Title
Gulf Blvd Holdings Llc $210,000 Placer Title Company
Chen Li Qing -- None Available
Wu Raymond Minh $100,000 Cuesta Title
Maples Bradley K $10,000 Cuesta Title Company
Maples Bradley K $43,500 Cuesta Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baca Salas Manuel $292,500
Previous Owner Gulf Blvd Holdings Llc $325,000
Previous Owner Gulf Blvd Holdings Llc $265,000
Previous Owner Wu Raymond Minh $70,000
Previous Owner Maples Bradley K $33,338
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $390,000 0.0% $130 / Sq Ft
04/23/2024 04/23/24 Off Market $390,000 -- --
04/22/2024 04/22/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $420,000 -32.3% $140 / Sq Ft
02/14/2024 02/14/24 Price Changed $620,000 -1.6% $206 / Sq Ft
02/05/2024 02/05/24 Price Changed $629,900 -1.6% $209 / Sq Ft
01/29/2024 01/29/24 Price Changed $639,900 -1.5% $213 / Sq Ft
01/23/2024 01/23/24 Price Changed $649,900 -5.1% $216 / Sq Ft
01/16/2024 01/16/24 Price Changed $685,000 -1.4% $228 / Sq Ft
12/13/2023 12/13/23 Price Changed $695,000 -1.4% $231 / Sq Ft
12/01/2023 12/01/23 For Sale $705,000 -- $234 / 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 $1,097 $103,261 $45,177 $58,084
2024 $1,097 $101,238 $44,292 $56,946
2023 $1,096 $99,254 $43,424 $55,830
2022 $1,062 $97,309 $42,573 $54,736
2021 $1,049 $95,401 $41,738 $53,663
2020 $1,038 $94,423 $41,310 $53,113
2019 $1,020 $92,572 $40,500 $52,072
2018 $1,001 $90,757 $39,706 $51,051
2017 $977 $88,977 $38,927 $50,050
2016 $938 $87,233 $38,164 $49,069
2015 $902 $85,923 $37,591 $48,332
2014 $902 $84,240 $36,855 $47,385
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Alfredo Molina

    Bella Homes and Properties, Inc

    (559) 361-5512

    6 in this area

    35 Total Sales

    Alfredo Molina
    Section Image

  • C

    Buyer's Agent in 2024

    Cesar Gallardo

    Realty Concepts, Ltd

    Section Image
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Map

Source: Tulare County MLS

MLS Number: 226747

Tulare County MLS

APN: 262-120-024-000

California Tulare County Porterville 93257 Porterville Southeast

558 S Walnut St, Porterville, CA

This home is located at 558 S Walnut St, Porterville, CA 93257 since 01 December 2023 and is currently estimated at $404,464, approximately $134 per square foot. This property was built in 1950. 558 S Walnut St is a home located in Tulare County with nearby schools including John J. Doyle Elementary School, Granite Hills High School, and Strathmore High School.

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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