NOT LISTED FOR SALE

861 W Mulberry Ave Porterville, CA 93257

Porterville Northwest Neighborhood

Estimated Value: $321,000 - $460,000

3.29 Acres
$121,188 Price per Acre
143,312 Sq Ft Lot

Last Sold February 07, 2022

Last sale price $355,000

Est. 12% increase in value since last sale

Current estimated payment $2,425/month

80 Days on Market

About This Lot

As of February 2022

Size
+/- 3.29 Assessed Acres

Legal
Tulare County APN 246-112-014-000

Zoning
RM-3 High Density Residential

Buildings
+/-1,249 sq. ft. Single Family Home with three (3) bedrooms. House was built in 1957. There is also a detached garage.

Remarks
Great investment opportunity! +/-3.29 acres zoned high-density residential. Located walking distance to the grocery store and great restaurants! Ready for quadplexes or apartments with a maximum density of 30 units per acre, plus it is already connected to city water and sewer. Please see the attached architectural plans, which are available for purchase from LGS Architects, Inc.

Last Agent to Sell the Property

Stephen Schuil

Schuil Ag Real Estate License #01713755 Listed on: 11/12/2021

Last Buyer's Agent

Michael Sanchez

Century 21 Jordan-Link & Co.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,922

Lot Details

  • 3.29 Acre Lot
  • Zoning described as RM-3 - High Density Residential

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 246112014000

Property Details

Property Type

Land

Est. Annual Taxes

$3,922

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 3.29
  • Lot Size: Irregular
  • Directions: From Ca-65 turn east on W. Henderson then north of N. Indiana Street. At W. Mulberry turn west, property will be on the south side of street.
  • Special Features: None

Utilities

  • Sewer: Other
  • Utilities: Electricity Connected
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 143312.0
  • Additional Parcels: No
  • Parcel #: 246112014000
  • Zoning Description: RM-3 - High Density Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Yin Christy
Bought by
Wou So Chau And Nann Yin Revocable Trust and Chau
Current Estimated Value
$398,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$108,010
Interest Rate
7.31%
Mortgage Type
Seller Take Back
Estimated Equity
$290,697

Purchase Details

Listed on
Nov 12, 2021
Closed on
Feb 3, 2022
Sold by
Tn Price And Associates
Bought by
Yin Christy
Seller's Agent
Stephen Schuil
Schuil Ag Real Estate
Buyer's Agent
Michael Sanchez
Century 21 Jordan-Link & Co.
List Price
$420,000
Sold Price
$355,000
Premium/Discount to List
-$65,000
-15.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%

Purchase Details

Listed on
Aug 18, 2020
Closed on
Sep 29, 2020
Sold by
Ault Patricia
Bought by
T N Price And Associates
Seller's Agent
Stephen Schuil
Schuil Ag Real Estate
Buyer's Agent
Stephen Schuil
Schuil Ag Real Estate
List Price
$339,000
Sold Price
$339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 30, 2017
Sold by
Ault Patricia D and Ault Delmar L
Bought by
Ault Delmar and Ault Patricia

Purchase Details

Closed on
May 28, 1996
Sold by
Nicholas Michael H
Bought by
Ault Patricia D and Ault Delmar L
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
Wou So Chau And Nann Yin Revocable Trust $340,000 Stewart Title Of California
Yin Christy $355,000 Chicago Title
T N Price And Associates $339,000 Chicago Title Company
Ault Delmar -- None Available
Ault Patricia D $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wou So Chau And Nann Yin Revocable Trust $110,000
Previous Owner T N Price And Associates $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2022 02/07/22 Sold $355,000 -15.5% --
02/01/2022 02/01/22 Pending -- -- --
11/12/2021 11/12/21 For Sale $420,000 +23.9% --
10/13/2020 10/13/20 Sold $339,000 0.0% -- View Prior Sale
09/02/2020 09/02/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $339,000 -- --
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 $3,922 $346,800 $346,800 --
2024 $3,922 $362,100 $362,100 --
2023 $3,894 $352,695 $352,695 $0
2022 $3,773 $345,780 $345,780 $0
2021 $3,729 $339,000 $339,000 $0
2020 $1,259 $114,510 $55,057 $59,453
2019 $1,237 $112,264 $53,977 $58,287
2018 $1,215 $110,063 $52,919 $57,144
2017 $1,185 $107,905 $51,881 $56,024
2016 $1,137 $105,789 $50,864 $54,925
2015 $1,094 $104,200 $50,100 $54,100
2014 $1,094 $102,159 $49,119 $53,040
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stephen Schuil

    Schuil Ag Real Estate

    (559) 734-1700

    4 in this area

    64 Total Sales

    Stephen Schuil
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Sanchez

    Century 21 Jordan-Link & Co.

See All Agents

Map

Source: Tulare County MLS

MLS Number: 214457

Tulare County MLS

APN: 246-112-014-000

California Tulare County Porterville 93257 Porterville Northwest

861 W Mulberry Ave, Porterville, 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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