NOT LISTED FOR SALE

591 N Hayes Ave Dinuba, CA 93618

Estimated Value: $311,000 - $536,000

10 Beds
6 Baths
4,153 Sq Ft
$101/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $315,000 $76 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,535/month

19 Days on Market

About This Home

As of September 2012

Great, fully occupied, investment property located in a nice neighborhood in Dinuba. There are 2 duplexes located on 2 APN's. The front units are 2/1's, w/ single garages. Each unit rents for $675 mthly. The back units are 3/2's, w/ double garages. One of the units rents for $825 mthly., the other has a long term occupant who pays $700 mthly. These well maintained properties are near schools, park, shopping, and eateries.

Last Agent to Sell the Property

Mitchell Choboian

Century 21 Jordan-Link & Co/Tulare Listed on: 08/09/2012

Last Buyer's Agent

Jim Merlo

Johnston Merlo & Newton License #00544884

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,123

Year Built

  • Built in 1993

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 123 x 137
  • Waterfront

Home Design

  • Quadruplex

Interior Spaces

  • 4,153 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • Assessor Parcel Number 014194016000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,123

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.39
  • Lot Size: 123 X 137
  • Directions: El Monte Way & Crawford Ave., North on Crawford, West on North Way, North on Hayes.
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1993
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Total Bedrooms: 10

Exterior Features

  • Pool Private: No
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Waterfront Features:Waterfront2: Yes

Garage/Parking

  • Unit 1:Garage Spaces: 1
  • Unit 2:Garage Spaces2: 1
  • Unit 3:Garage Spaces3: 2
  • Unit 1:Garage Attached: Yes
  • Unit 2:Garage Attached2: Yes
  • Unit 4:Garage Attached4: Yes
  • Unit 4:Garage Spaces4: 2
  • Unit 3:Garage Attached3: Yes

Utilities

  • Laundry Features: Other
  • Utilities: Sewer Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 16851.0
  • Parcel #: 014194016000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Cable TV

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2012
Closed on
Sep 19, 2012
Sold by
Melban James Harold
Bought by
Merlo James L and Merlo Rhonda P
Seller's Agent
Mitchell Choboian
Century 21 Jordan-Link & Co/Tulare
Buyer's Agent
Jim Merlo
Johnston Merlo & Newton
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Total Days on Market
19
Current Estimated Value
$419,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,994
Avg. Annual Appreciation
2.08%
Original Mortgage
$60,000
Outstanding Balance
$43,225
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$366,060

Purchase Details

Closed on
Apr 10, 2003
Sold by
Melban James
Bought by
Melban James Harold and Melban Judith E

Purchase Details

Closed on
Aug 13, 2002
Sold by
Smith Randall K
Bought by
Melban James and Melban Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.37%

Purchase Details

Closed on
Mar 4, 1996
Sold by
Dart Douglas K
Bought by
Smith Randall and Smith Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
7.8%
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
Merlo James L $315,000 Chicago Title Company
Melban James Harold -- --
Melban James $145,000 Chicago Title Co
Smith Randall -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merlo James L $60,000
Previous Owner Melban James $105,000
Previous Owner Smith Randall $89,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2012 09/25/12 Sold $315,000 -4.3% $76 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $329,000 -- $79 / 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
2024 $2,123 $190,147 $36,218 $153,929
2023 $2,102 $186,419 $35,508 $150,911
2022 $2,003 $182,764 $34,812 $147,952
2021 $1,955 $179,180 $34,129 $145,051
2020 $1,987 $177,343 $33,779 $143,564
2019 $2,018 $173,866 $33,117 $140,749
2018 $1,948 $170,457 $32,468 $137,989
2017 $1,941 $167,114 $31,831 $135,283
2016 $1,849 $163,837 $31,207 $132,630
2015 $1,761 $161,376 $30,738 $130,638
2014 $1,761 $158,215 $30,136 $128,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 97965

Tulare County MLS

APN: 014-194-016-000