NOT LISTED FOR SALE

Estimated Value: $676,000 - $968,471

5 Beds
3 Baths
2,970 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $925,000 $311 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,741/month

332 Days on Market

Highlights

  • 10 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA
  • Wood Burning Fireplace

About This Home

As of October 2023

4 fully rented homes on 10 acres with eventual 30 lot subdivision in the works. There are a total of 12 bedrooms and 7 baths in the 4 homes. Total rental income of $4,320 monthly.
There is a 2964 sq. ft. 5 BR 3 BA home ($1700) and 3 additional accessory units, a 3 BR 1 1/2 BA ($1010), and two 2 BR 1 BA homes $800 each).
The current owner has been working the property through the City of Porterville to get the 30 lot subdivision approved. It is currently close to approval to sell of 4 existing homes. See attached proposed subdivision map and details from City of Porterville planning.

Last Agent to Sell the Property

Quinn Atherton

Bloom Group, Inc. License #01280570 Listed on: 05/20/2022

Bloom Group, Inc.

Last Buyer's Agent

Raffaella Woods

Melson Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,098

Year Built

  • Built in 1970

Lot Details

  • 10

Parking

  • 4 Car Garage
  • No Garage

Home Design

  • Composition Roof

Interior Spaces

  • 2,970 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system
  • Natural Gas Connected
  • Septic Tank

Additional Features

  • 10 Acre Lot
  • ADU includes parking

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 255190004000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,098

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 10.0
  • Lot Size: Irregular
  • Directions: Henderson East across Plano until it becomes Laurel Avenue
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.0
  • General Information:Garage: No
  • General Information:_pound_ of Garage Spaces: 4.0
  • Accessory Dwelling Unit:ADU Parking: Yes

Utilities

  • Cooling: Central Air, Evaporative Cooling, Varies by Unit
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 435600.0
  • Additional Parcels: No
  • Parcel #: 255190004000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Oct 11, 2023
Sold by
Davis Gregory E
Bought by
Penn Steve
Seller's Agent
Quinn Atherton
Bloom Group, Inc.
Buyer's Agent
Raffaella Woods
Melson Realty, Inc.
List Price
$1,200,000
Sold Price
$925,000
Premium/Discount to List
-$275,000
-22.92%
Views
77
Current Estimated Value
$803,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$121,843
Avg. Annual Appreciation
-6.53%
Original Mortgage
$477,753
Outstanding Balance
$468,358
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$334,799

Purchase Details

Closed on
Jun 28, 2022
Sold by
Crookston Jeffery D
Bought by
Davis Gregory E

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 12, 2020
Sold by
Crookston Kelly J
Bought by
Crookston Jeffrey D
Seller's Agent
Lynn Trice
Melson Realty, Inc.
Buyer's Agent
Lynn Trice
Melson Realty, Inc.
List Price
$670,000
Sold Price
$525,000
Premium/Discount to List
-$145,000
-21.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Listed on
Apr 10, 2020
Closed on
Apr 24, 2020
Sold by
Lawrence Paula
Bought by
Davis Gregory E and Crookston Jeffery D
Seller's Agent
Lynn Trice
Melson Realty, Inc.
Buyer's Agent
Lynn Trice
Melson Realty, Inc.
List Price
$670,000
Sold Price
$525,000
Premium/Discount to List
-$145,000
-21.64%

Purchase Details

Listed on
Feb 12, 2014
Closed on
Jul 15, 2014
Sold by
Statman Alan
Bought by
Statman Alan
Seller's Agent
Melinda Moyes
Melson Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$255,000
Sold Price
$280,000
Premium/Discount to List
$25,000
9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.39%
Original Mortgage
$196,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 12, 2014
Closed on
Jun 25, 2014
Sold by
Statman Alan
Bought by
Lawrence Paula
Seller's Agent
Melinda Moyes
Melson Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$255,000
Sold Price
$280,000
Premium/Discount to List
$25,000
9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 7, 1999
Sold by
Lawrence Lester W
Bought by
Lawrence Lester W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Penn Steve $925,000 Stewart Title Of California
Davis Gregory E -- Johnson & Black Llp
Crookston Jeffrey D -- Chicago Title Company
Davis Gregory E $525,000 Chicago Title Company
Statman Alan -- Chicago Title Company
Lawrence Paula $280,000 Chicago Title Company
Lawrence Lester W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penn Steve $477,753
Previous Owner Lawrence Paula $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2023 10/18/23 Sold $925,000 -22.9% $311 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
05/20/2022 05/20/22 For Sale $1,200,000 +128.6% $404 / Sq Ft
05/14/2020 05/14/20 Sold $525,000 -21.6% $183 / Sq Ft View Prior Sale
04/11/2020 04/11/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $670,000 +139.3% $233 / Sq Ft
07/17/2014 07/17/14 Sold $280,000 +9.8% $97 / Sq Ft View Prior Sale
02/20/2014 02/20/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $255,000 -- $89 / 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 $6,098 $574,161 $114,832 $459,329
2024 $6,098 $562,904 $112,581 $450,323
2023 $6,093 $551,868 $110,374 $441,494
2022 $5,904 $541,048 $108,210 $432,838
2021 $5,835 $530,439 $106,088 $424,351
2020 $2,074 $188,633 $35,860 $152,773
2019 $2,037 $184,934 $35,157 $149,777
2018 $2,001 $181,308 $34,468 $146,840
2017 $1,951 $177,753 $33,792 $143,961
2016 $1,873 $174,267 $33,129 $141,138
2015 $1,801 $171,649 $32,631 $139,018
2014 $1,801 $168,287 $31,992 $136,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 217822

Tulare County MLS

APN: 255-190-004-000