NOT LISTED FOR SALE

Estimated Value: $220,000 - $263,000

2 Beds
1 Bath
896 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $159,257 $178 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,479/month

4 Days on Market

About This Home

As of November 2020

This property is to be sold as part of a Portfolio. Investors Dream! Opportunity to grow 10+/- Years investing in one single shot!
Price $4,950,000, Well maintained 37 Doors Portfolio Bringing in $431,856 in Rents/Year. Portfolio is composed of 27 single family homes (Home Values ranging from $150-290K), 2 Duplexes and 1 Sixplex. Properties are fully rented and tenants are all up to date with rents, all properties located in Visalia/Tulare/Porterville. Portfolio valued at $6M+. List of addresses along with sqft, Year Built and rent break down attached. Portfolio is managed locally by Total PM for over 10 years and have yearly inspections on file for ALL units. PM currently only charges 7% to manage it and would keep it at that rate for the new buyer.

Last Agent to Sell the Property

Hal Sousa

KW Ascend License #01945621 Listed on: 08/23/2020

KW Ascend

Last Buyer's Agent

Matt Graham

MD Graham & Associates, Inc. License #01804235

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 6,973 Sq Ft Lot

Parking

  • No Garage

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 170161021000

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Lot Size: Buyer to verify
  • Directions: From corner of E Cross Ave and N Cherry St, travel South on N Cherry St, turn West onto E Apricot Ave, property is on the North side of street
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1941
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Roof: Other

Garage/Parking

  • General Information:Garage: No

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Other3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6973.0
  • Additional Parcels: No
  • Parcel #: 170161021000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2020
Closed on
Nov 12, 2020
Sold by
Blain Allan and Blain Nicole
Bought by
Y Zak Investments Llc
Seller's Agent
Hal Sousa
KW Ascend
Buyer's Agent
Matt Graham
MD Graham & Associates, Inc.
List Price
$159,257
Sold Price
$159,257
Current Estimated Value
$252,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,243
Avg. Annual Appreciation
8.02%
Original Mortgage
$750,000
Outstanding Balance
$667,393
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$431,393

Purchase Details

Closed on
Mar 28, 2017
Sold by
Blain Nicole
Bought by
Blain Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,553,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2016
Sold by
B E A K Investments Llc
Bought by
Blain Allan and Blain Nicole

Purchase Details

Closed on
Jul 12, 2012
Sold by
Banner Investments Llc
Bought by
Beak Investments Llc

Purchase Details

Closed on
Mar 30, 2011
Sold by
Federal National Mortgage Association
Bought by
Banner Investments Llc

Purchase Details

Closed on
Jan 3, 2011
Sold by
Ramirez Daniel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 7, 1999
Sold by
Ocwen Federal Bank Fsb
Bought by
Ramirez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,808
Interest Rate
6.98%

Purchase Details

Closed on
Sep 17, 1998
Sold by
Hinson Lawrence W
Bought by
Ocwen Federal Bank Fsb
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
Y Zak Investments Llc $1,150,000 Chicago Title Company
Blain Allan -- Chicago Title Company
Blain Allan -- Chicago Title Company
Blain Allan -- None Available
Beak Investments Llc $43,000 None Available
Banner Investments Llc $43,000 Stewart Title Of California
Federal National Mortgage Association $119,212 None Available
Ramirez Daniel $60,000 Chicago Title Co
Ocwen Federal Bank Fsb $56,982 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Y Zak Investments Llc $750,000
Previous Owner Blain Allan $1,553,000
Previous Owner Ramirez Daniel $59,808
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $159,257 0.0% $178 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
08/23/2020 08/23/20 For Sale $159,257 -- $178 / 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 $1,876 $172,382 $37,884 $134,498
2024 $1,876 $169,003 $37,142 $131,861
2023 $1,829 $165,690 $36,414 $129,276
2022 $1,775 $162,442 $35,700 $126,742
2021 $1,752 $159,257 $35,000 $124,257
2020 $1,439 $127,345 $26,530 $100,815
2019 $1,476 $124,848 $26,010 $98,838
2018 $1,452 $122,400 $25,500 $96,900
2017 $547 $45,625 $21,221 $24,404
2016 $523 $44,730 $20,805 $23,925
2015 $505 $44,058 $20,492 $23,566
2014 $505 $43,195 $20,091 $23,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 206365

Tulare County MLS

APN: 170-161-021-000