NOT LISTED FOR SALE

Estimated Value: $632,000 - $740,311

9 Beds
5 Baths
3,848 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $415,000 $108 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,070/month

51 Days on Market

Highlights

  • City View
  • Front Porch
  • Landscaped
  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2020

Great opportunity to own a good income producing multi family dwelling! Well maintained, 4 unit, property in N/E Porterville. Built in 1985. All units are currently rent with long term tenants. Front unit, 3 bedrooms, 2 baths with attached garage. Back 3 units all 2 bedrooms with covered carport. All units have separate meter. Close to shopping, schools. Please do not disturb tenants.

Last Agent to Sell the Property

Darrel Oliveira

Teymour Farhang License #01509279 Listed on: 10/25/2019

Teymour Farhang

Last Buyer's Agent

Melissa Berlinger

Keller Williams Realty Tulare County

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 1985

Lot Details

  • 8,608 Sq Ft Lot
  • Lot Dimensions are 63x135
  • Two or More Common Walls
  • Fenced
  • Landscaped
  • Level Lot
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Carport

Property Views

  • City
  • Neighborhood

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,848 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection
  • Assessor Parcel Number 248034020000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,820

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: 63x135
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Directions: From HWY 63 east on N Grand Ave, south on Main St., east on Henderson Ave, north on Williford Dr. to property.
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Trash Collection
  • Total Bedrooms: 9

Exterior Features

  • Lot Features: Fencing, Front Yard, Landscaped, Level
  • Pool Private: No
  • View: City, Neighborhood
  • Common Walls: 2+ Common Walls
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch
  • Roof: Composition
  • Lot Features:Fencing: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Front Porch: Yes
  • Lot Features:Front Yard: Yes
  • Construction:Stucco: Yes
  • Construction:Wood Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Asphalt, Carport, Concrete
  • General Information:Garage: Yes
  • General Information:_pound_ of Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Concrete6: Yes
  • Parking Features:Carport: Yes
  • Unit 1:Garage Spaces: 2
  • Parking Features:Asphalt4: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Forced Air
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Satellite TV, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 8608.0
  • Additional Parcels: No
  • Parcel #: 248034020000
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 17, 2019
Sold by
Kingdom Real Estate Holdings Lp
Bought by
Degroot Joshua
Seller's Agent
Darrel Oliveira
Teymour Farhang
Buyer's Agent
Melissa Berlinger
Keller Williams Realty Tulare County
List Price
$439,900
Sold Price
$415,000
Premium/Discount to List
-$24,900
-5.66%
Current Estimated Value
$674,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,578
Avg. Annual Appreciation
9.10%
Original Mortgage
$332,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2010
Sold by
Frias Rodolfo B
Bought by
Kingdom Real Estate Holdings Lp

Purchase Details

Closed on
Jun 4, 2004
Sold by
Musgrove Wendell
Bought by
Frias Rodolfo B and Frias Osvaldo B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,010
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2003
Sold by
Musgrove Wendell
Bought by
Musgrove Wendell and Mello Musgrove Arlene F
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
Degroot Joshua $415,000 Chicago Title Company
Kingdom Real Estate Holdings Lp -- Accommodation
Frias Rodolfo B $310,000 Chicago Title Co
Musgrove Wendell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degroot Joshua $330,000
Closed Degroot Joshua $332,000
Previous Owner Frias Rodolfo B $15,000
Previous Owner Frias Rodolfo B $333,750
Previous Owner Frias Rodolfo B $60,680
Previous Owner Frias Rodolfo B $270,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $415,000 -5.7% $108 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $439,900 -- $114 / 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 $4,820 $453,860 $49,212 $404,648
2024 $4,820 $444,962 $48,248 $396,714
2023 $4,816 $436,238 $47,302 $388,936
2022 $4,667 $427,685 $46,375 $381,310
2021 $4,612 $419,299 $45,466 $373,833
2020 $2,077 $188,847 $47,212 $141,635
2019 $2,040 $185,144 $46,286 $138,858
2018 $2,003 $181,513 $45,378 $136,135
2017 $1,954 $177,954 $44,488 $133,466
2016 $1,875 $174,465 $43,616 $130,849
2015 $1,803 $171,845 $42,961 $128,884
2014 $1,803 $168,478 $42,119 $126,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 201218

Tulare County MLS

APN: 248-034-020-000