NOT LISTED FOR SALE

561 Tule St Mendota, CA 93640

Estimated Value: $396,000 - $449,000

6 Beds
3 Baths
612 Sq Ft
$687/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $395,000 $645 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,621/month

68 Days on Market

Highlights

  • 0.44 Acre Lot
  • 1-Story Property
  • Wood Siding
  • Corner Lot
  • Refrigerated and Evaporative Cooling System
  • 5-minute walk to Jess Gill Park

About This Home

As of September 2023

This triplex presents a wealth of possibilities for both investors and those seeking a multi-unit living arrangement.The triplex needs some TLC but the potential is definitely there.Each unit features spacious living areas, comfortable bedrooms, and functional kitchens. With a mix of studio, one-bedroom, and two-bedroom configurations.Large backyard area and plenty of parking in this 19180 Sq. Ft lot. Location is key, and this triplex does not disappoint. Situated within the city limits, residents will enjoy convenient access to an array of amenities. From dining establishments, to shopping center and recreational parks, everything the city has to offer is just within walk distance.Investors will appreciate the income potential this triplex present. Whether you choose to rent out all three units or occupy one while leasing the others, this property offers an attractive return on investment.Schedule your private showing today and unlock the incredible potential of this older triplex within the city limits.

Last Agent to Sell the Property

Connie Sanchez

Valley West Properties License #01445281 Listed on: 06/21/2023

Last Buyer's Agent

Mariano Peralta

Intero R.E. Services Premier License #01251465

Intero R.E. Services Premier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,554

Year Built

  • Built in 1942

Lot Details

  • 0.44 Acre Lot
  • Corner Lot

Parking

  • Carport

Home Design

  • Triplex
  • Wood Foundation
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 612 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Refrigerated and Evaporative Cooling System

Listing and Financial Details

  • Tenant pays for electricity, water

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Gross Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,554

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Triplex
  • Price Per Square Foot: 645.42
  • Year Built Exception: 0
  • Stories: One
  • Unique Conditions: Estate Sale
  • Special Features: None
  • Year Built: 1942

Interior Features

  • Dishwasher: None
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 3.00
  • Bedrooms: 6
  • Square Footage: 612.00

Exterior Features

  • Roofing: Shake
  • Exterior: Wood
  • Foundation: Wood Subfloor

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer
  • Heat/Cool: Evaporative

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.4403
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 19180.00
  • Price Per Acre: 897115.60

Building Info

  • Year Built: 1942

Rental Info

  • TenantPays: Electricity, Water

Multi Family

  • Annual Income: 23400.00
  • IncomeIncludes: Month to Month
  • Total Units: 3

MLS Schools

  • School District 2: Mendota

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 13, 2023
Sold by
Cantu Guillermo D
Bought by
Cantu Angie A
Seller's Agent
Connie Sanchez
Valley West Properties
Buyer's Agent
Mariano Peralta
Intero R.E. Services Premier
List Price
$405,000
Sold Price
$395,000
Premium/Discount to List
-$10,000
-2.47%
Views
241
Current Estimated Value
$420,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,718
Avg. Annual Appreciation
1.55%
Original Mortgage
$245,000
Outstanding Balance
$164,781
Interest Rate
6.9%
Mortgage Type
Balloon
Estimated Equity
$242,521

Purchase Details

Listed on
Jun 21, 2023
Closed on
Sep 11, 2023
Sold by
Cantu Angie A
Bought by
Cantu Guillermo
Seller's Agent
Connie Sanchez
Valley West Properties
Buyer's Agent
Mariano Peralta
Intero R.E. Services Premier
List Price
$405,000
Sold Price
$395,000
Premium/Discount to List
-$10,000
-2.47%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$164,781
Interest Rate
6.9%
Mortgage Type
Balloon
Estimated Equity
$242,521

Purchase Details

Closed on
Jan 17, 2002
Sold by
Lozano Adeline
Bought by
Lozano Adeline
Source: Public Records

Range of Values:

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Average Value
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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
Cantu Angie A -- None Listed On Document
Cantu Guillermo -- Old Republic Title Company
Cantu Guillermo $395,000 Old Republic Title Company
Lozano Adeline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantu Guillermo $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $395,000 -2.5% $645 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $405,000 -- $662 / Sq Ft
Source: Fresno 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 $4,554 $402,900 $102,000 $300,900
2023 $2,979 $255,000 $76,500 $178,500
2022 $704 $58,223 $20,092 $38,131
2021 $694 $57,083 $19,699 $37,384
2020 $688 $56,499 $19,498 $37,001
2019 $666 $55,392 $19,116 $36,276
2018 $667 $54,307 $18,742 $35,565
2017 $655 $53,243 $18,375 $34,868
2016 $630 $52,200 $18,015 $34,185
2015 $646 $51,417 $17,745 $33,672
2014 $621 $50,411 $17,398 $33,013
Source: Public Records

Agents Affiliated with this Home

  • Connie Sanchez

    Seller's Agent in 2023

    Connie Sanchez

    Valley West Properties

    (559) 260-5210

    4 in this area

    34 Total Sales

    Connie Sanchez
    Section Image
  • Mariano Peralta

    Buyer's Agent in 2023

    Mariano Peralta

    Intero R.E. Services Premier

    (559) 312-7653

    3 in this area

    16 Total Sales

    Mariano Peralta
    Section Image
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Map

Source: Fresno MLS

MLS Number: 596237

Fresno MLS

APN: 013-241-19

California Fresno County Mendota 93640

561 Tule St, Mendota, CA

This home is located at 561 Tule St, Mendota, CA 93640 since 21 June 2023 and is currently estimated at $420,718, approximately $687 per square foot. This property was built in 1942. 561 Tule St is a home located in Fresno County with nearby schools including Washington Elementary School, McCabe Elementary School, and Mendota Elementary.

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.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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