NOT LISTED FOR SALE

Estimated Value: $488,000 - $615,000

2 Beds
1 Bath
12,480 Sq Ft
$45/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $895,000 $72 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $3,225/month

12 Days on Market

Highlights

  • Newly Remodeled
  • RV Access or Parking
  • 1.5 Acre Lot
  • Redwood High School Rated A
  • Waterfront
  • 1-Story Property

About This Home

As of November 2013

Great investment opportunity well established 20 unit apartment complex with low vacancies. Close to schools and shopping and newer developments.

Last Agent to Sell the Property

Willie Gallegos

The Real Estate Connection License #01206680 Listed on: 09/04/2013

Last Buyer's Agent

Guillermo Gallegos

RE/MAX Success

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 1979 | Newly Remodeled

Lot Details

  • 1.5 Acre Lot
  • Waterfront

Parking

  • RV Access or Parking

Interior Spaces

  • 12,480 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, trash collection
  • Assessor Parcel Number 093021024000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,339

Year Built

Built in 1979 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: 5+ Units
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.5
  • Lot Size: 65,340
  • Directions: West on Goshen to North Mooney, across from school.
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 1979
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Private Spa: No
  • Owner Pays: Water, Trash Collection
  • Total Bedrooms: 2

Exterior Features

  • Pool Private: No
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Waterfront Features:Waterfront2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • Parking Features:RV AccessParking: Yes

Utilities

  • Laundry Features: Inside
  • Utilities: Sewer Connected, Water Connected

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 093021024000
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2021
Sold by
Rong Kebin and Jiang Xiaohui
Bought by
J & R Investment Group Llc
Current Estimated Value
$556,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$452,688
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$104,312

Purchase Details

Listed on
Sep 4, 2013
Closed on
Nov 21, 2013
Sold by
Johanns Lawrence
Bought by
Rong Kebin and Jiang Xiaohui
Seller's Agent
Willie Gallegos
The Real Estate Connection
Buyer's Agent
Guillermo Gallegos
RE/MAX Success
List Price
$890,000
Sold Price
$895,000
Premium/Discount to List
$5,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.96%
Original Mortgage
$447,500
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2006
Sold by
Johanns Lawrence
Bought by
Johanns Lawrence and Johanns Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
6.2%
Mortgage Type
New Conventional
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
J & R Investment Group Llc -- Ticor Title
Rong Kebin $895,000 Chicago Title Company
Johanns Lawrence -- Chicago Title Co
Johanns Lawrence -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & R Investment Group Llc $500,000
Closed J & R Investment Group Llc $500,000
Previous Owner Rong Kebin $447,500
Previous Owner Johanns Lawrence $609,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2013 11/27/13 Sold $895,000 +0.6% $72 / Sq Ft
09/17/2013 09/17/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $890,000 -- $71 / 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 $2,339 $220,652 $36,773 $183,879
2024 $2,339 $216,326 $36,052 $180,274
2023 $2,274 $212,086 $35,346 $176,740
2022 $2,173 $207,928 $34,653 $173,275
2021 $2,175 $203,851 $33,974 $169,877
2020 $2,148 $201,761 $33,626 $168,135
2019 $2,087 $197,805 $32,967 $164,838
2018 $2,048 $193,927 $32,321 $161,606
2017 $2,013 $190,124 $31,687 $158,437
2016 $1,989 $186,396 $31,066 $155,330
2015 $1,933 $183,596 $30,599 $152,997
2014 $1,933 $180,000 $30,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 104745

Tulare County MLS

APN: 093-021-024-000