NOT LISTED FOR SALE
-- Bed
-- Bath
29,400 Sq Ft
1985 Built

Sale Details

Date Sold: January 5, 2018

Last sale price $1,750,000 $60 Per Sq Ft

8 Days on Market

Highlights

  • City View
  • Central Air
  • 1-Story Property
  • 30 Car Attached Garage

About This Home

As of January 2018

30 Unit complex with a park like setting in Porterville. All units are 2 bedroom, 1 bath, with 1 car garage. Great cash flow and approximately 10%+ cap rate return. This is an investors dream. All units are duplex so they are easier to manage and maintain. Also, there are two legal parcels included with this property; both with street access.

Last Agent to Sell the Property

Gerardo Gonzalez

Century 21 Select Real Estate License #01034573 Listed on: 10/18/2017

Century 21 Select Real Estate

Last Buyer's Agent

Eleanor Janca

All Estates REALTORS®

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 1 Common Wall
  • 254-101-047

Parking

  • 30 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 29,400 Sq Ft Home
  • 1-Story Property
  • City Views

Utilities

  • Central Air
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • The owner pays for water, trash collection
  • Assessor Parcel Number 254101046000

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Parking

30

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: Irregular
  • Road Surface Type: Paved
  • Directions: From Plano head East on Morton past Legget Entrance is past the Gas Station and restaurant on Morton. 2nd Entrance behind the Gas Station ON legget.
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1985
  • ResoBuildingAreaSource: PublicRecords
  • Common Walls:_one_ Common Wall: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Owner Pays: Water, Trash Collection
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • View: City
  • Common Walls: 1 Common Wall
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 30.0
  • Parking Features: Attached
  • General Information:Garage: Yes
  • General Information:_pound_ of Garage Spaces: 30.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 4.0
  • Additional Parcels Description: 254-101-047
  • Additional Parcels: Yes
  • Parcel #: 254101046000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Electricity, Gas, Cable TV

Multi Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Dec 5, 2017
Sold by
Bought by
Seller's Agent
Gerardo Gonzalez
Century 21 Select Real Estate
Buyer's Agent
Eleanor Janca
All Estates REALTORS®
List Price
$1,590,000
Sold Price
$1,750,000
Premium/Discount to List
$160,000
10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,051,379
Interest Rate
3.92%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,750,000 Stewart Title Of California
$1,750,000 Stewart Title Of California
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,280,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $1,750,000 +10.1% $60 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $1,590,000 -- $54 / Sq Ft
Source: Tulare County MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,078 $1,325,569 $341,348 $984,221
2024 $14,078 $1,299,578 $334,655 $964,923
2015 $3,092 $294,647 $43,884 $250,763
2014 $3,092 $288,875 $43,024 $245,851
Source: Public Records

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Map

Source: Tulare County MLS

MLS Number: 133970

Tulare County MLS
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