NOT LISTED FOR SALE

5720 W Prospect Dr Visalia, CA 93291

Northwest Visalia Neighborhood

Estimated Value: $926,000 - $991,000

4 Beds
5 Baths
3,490 Sq Ft
$275/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $710,000 $203 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,037/month

122 Days on Market

Highlights

  • Gated Community
  • Forced Air Heating and Cooling System
  • 3 Car Garage
  • Redwood High School Rated A

About This Home

As of April 2021

Stunning custom built home in the prestigious gated community of The Lakes. This bright and sunshiny home is perfect for entertaining. You will be welcomed into a grand space with high ceilings and gorgeous wood floors to greet you to an open living space. You will be able to entertain in a fabulous kitchen boasting granite countertops, a large granite center island, stainless steel appliances, including double ovens, custom cabinets, a breakfast area, and a separate formal dining area. You will find the Main bedroom, large master closet & large onset bathroom in the main level. The second floor will also surprise you with three other bedrooms in which two are mini-suites. Also, a loft with built-ins creating an area for office space or school activities. Three car garage, one is a drive-thru. Can't forget to mention the large open & beautiful green backyard to build a pool. Look no further!

Last Agent to Sell the Property

Arnel Padilla

Avedian Properties Company License #01716516 Listed on: 11/09/2020

Last Buyer's Agent

Arnel Padilla

Avedian Properties Company License #01716516 Listed on: 11/09/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,000

Year Built

  • Built in 2006

Lot Details

  • 0.32 Acre Lot

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,490 Sq Ft Home
  • 2-Story Property
  • Zero Clearance Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 077210022000

Community Details

Overview

  • Association fees include clubhouse, security
  • The Lakes Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,000

Year Built

Built in 2006

Lot Details

0

HOA Fees

$320 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: irregular
  • Subdivision Name: The Lakes
  • Directions: From Akers/Hwy 198, go north on Akers, west on Elowin through gate, north on Prospect Dr to property.
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2006
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Zero Clearance
  • Fireplace: Yes
  • Main Level Bathrooms: 2
  • Fireplace Features:Zero Clearance: Yes
  • Security Features:Gated Community: Yes

Exterior Features

  • Foundation Details: Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • General Information:Garage: Yes
  • General Information:_pound_ of Garage Spaces: 3.0

Utilities

  • Security: 24 Hour Security, Gated Community
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 320.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Information:Association Fees: 320.0

Fee Information

  • Association Fee Includes: Clubhouse, Security

Lot Info

  • Lot Size Sq Ft: 14029.0
  • Additional Parcels: No
  • Parcel #: 077210022000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Apr 6, 2021
Sold by
Flores Renato
Bought by
Flores Engracia
Seller's Agent
Arnel Padilla
Avedian Properties Company
Buyer's Agent
Arnel Padilla
Avedian Properties Company
List Price
$788,800
Sold Price
$710,000
Premium/Discount to List
-$78,800
-9.99%
Current Estimated Value
$960,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,153
Avg. Annual Appreciation
6.87%
Original Mortgage
$548,000
Outstanding Balance
$410,563
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$549,590

Purchase Details

Listed on
Nov 9, 2020
Closed on
Mar 30, 2021
Sold by
Flores Engracia
Bought by
Tan Timothy L and Rhee Janet Hyunsook
Seller's Agent
Arnel Padilla
Avedian Properties Company
Buyer's Agent
Arnel Padilla
Avedian Properties Company
List Price
$788,800
Sold Price
$710,000
Premium/Discount to List
-$78,800
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$410,563
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$549,590

Purchase Details

Closed on
Aug 12, 2005
Sold by
Agustin Marietta F
Bought by
Flores Engracia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,400
Interest Rate
5.61%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 10, 2005
Sold by
Agustin Charlie B
Bought by
Agustin Marietta F

Purchase Details

Closed on
Nov 19, 2004
Sold by
Serpa Frank M
Bought by
Agustin Marietta F

Purchase Details

Closed on
Mar 22, 2004
Sold by
Yueng Vince J
Bought by
Serpa Frank M and Serpa Fernanda L

Purchase Details

Closed on
Nov 29, 2001
Sold by
Hoang Truc
Bought by
Yueng Vince J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.67%

Purchase Details

Closed on
Dec 21, 1999
Sold by
Watkins Robert L
Bought by
Hoang Truc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Flores Engracia -- First American Title Company
Tan Timothy L $710,000 First American Title Company
Flores Engracia $170,000 Fidelity Natl Title Co Of Ca
Agustin Marietta F -- First American Title Co
Agustin Marietta F $165,000 First American Title Co
Serpa Frank M $110,000 Fidelity National Title Co
Yueng Vince J $125,000 Cuesta Title Company
Hoang Truc $67,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Timothy L $548,000
Previous Owner Flores Engracia $489,400
Previous Owner Yueng Vince J $87,500
Previous Owner Hoang Truc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Sold $710,000 -10.0% $203 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $788,800 -- $226 / 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 $8,000 $768,526 $184,013 $584,513
2024 $8,000 $753,457 $180,405 $573,052
2023 $7,779 $738,684 $176,868 $561,816
2022 $7,538 $724,200 $173,400 $550,800
2021 $8,055 $761,297 $214,629 $546,668
2020 $7,581 $712,000 $178,000 $534,000
2019 $7,068 $680,000 $170,000 $510,000
2018 $6,766 $652,000 $163,000 $489,000
2017 $6,134 $589,000 $147,000 $442,000
2016 $5,872 $561,000 $140,000 $421,000
2015 $5,054 $580,000 $145,000 $435,000
2014 $5,054 $481,000 $120,000 $361,000
Source: Public Records

Agents Affiliated with this Home

  • Arnel Padilla

    Seller's Agent in 2021

    Arnel Padilla

    Avedian Properties Company

    (559) 967-6244

    51 in this area

    98 Total Sales

    Arnel Padilla
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Map

Source: Tulare County MLS

MLS Number: 207847

Tulare County MLS

APN: 077-210-022-000

California Tulare County Visalia 93291 Northwest Visalia

5720 W Prospect Dr, Visalia, CA

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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