NOT LISTED FOR SALE

Estimated Value: $627,000 - $642,000

8 Beds
4 Baths
3,200 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $612,500 $191 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,730/month

3 Days on Market

Highlights

  • Property is near park
  • Living Room
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • 1-minute walk to Visalia Parks & Recreation Division

About This Home

As of October 2024

Investors, seize this incredible opportunity with a 4-plex multi-unit property, perfectly situated in the heart of Visalia. Each unit offers 2 bedrooms, 1 bathroom and Central HVAC, providing comfortable living spaces for tenants. The property features on-site laundry rooms, carports, and storage rooms, enhancing convenience and appeal for potential tenants. Situated within half a mile of Cherry Meadow Park, Valley Strong Ballpark, Downtown Visalia, and Redwood High School, this prime location ensures high demand and consistent rental income. Don't miss out on this perfect investment for generating passive income and growing your real estate portfolio.

Last Agent to Sell the Property

Blake Shawn

Real Brokerage Technologies License #01956562 Listed on: 08/06/2024

Real Brokerage Technologies

Last Buyer's Agent

Chad Lenaburg

Anderson Real Estate Group License #02112315

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 6,890

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring

Kitchen

  • Oven
  • Gas Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Carport
  • No Garage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • 6,890 Sq Ft Lot
  • Property is near park

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 093232006000

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Lot Size: Buyer to verify.
  • Directions: Starting from N Court St and E Noble Ave, go North on N Court. Turn West on W Oak Ave.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1976
  • Rooms:Living Room2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Range, Oven
  • Total Bedrooms: 8
  • Flooring: Vinyl
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Lot Features: Park Nearby
  • Pool Private: No
  • Roof: Composition
  • Lot Features:Park Nearby: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Information:Garage: No
  • Parking Features:Carport: Yes

Utilities

  • Laundry Features: Common Area
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6890.0
  • Additional Parcels: No
  • Parcel #: 093232006000

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Sep 27, 2024
Sold by
Bassily Josephine
Bought by
Mousad Emad
Seller's Agent
Blake Shawn
Real Brokerage Technologies
Buyer's Agent
Chad Lenaburg
Anderson Real Estate Group
List Price
$625,000
Sold Price
$612,500
Premium/Discount to List
-$12,500
-2%
Views
11
Current Estimated Value
$661,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,563
Avg. Annual Appreciation
2.38%
Original Mortgage
$459,375
Outstanding Balance
$452,892
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$178,884

Purchase Details

Closed on
Dec 19, 2017
Sold by
Blain Kevin
Bought by
Kwb Properties Llc

Purchase Details

Closed on
Feb 15, 2016
Sold by
Sierra Six Properties Llc
Bought by
Blain Kevin

Purchase Details

Closed on
Jan 13, 2012
Sold by
Alrawashdeh Habes M
Bought by
Sierra Six Properties Llc

Purchase Details

Closed on
Jun 10, 2004
Sold by
Mitri Sami
Bought by
Alrawashdeh Habes M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,800
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2002
Sold by
Rowson Peter J
Bought by
Mitri Sami and Mitri Susan

Purchase Details

Closed on
Jun 15, 2001
Sold by
Rowson Peter J
Bought by
Rowson Peter J and Rowson Rachel L

Purchase Details

Closed on
Jun 7, 2001
Sold by
Rowson Peter J
Bought by
Rowson Peter J and Rowson Rachel L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mousad Emad -- Chicago Title
Mousad Emad -- Chicago Title
Kwb Properties Llc -- None Available
Kwb Properties Llc -- None Available
Blain Kevin -- None Available
Blain Kevin -- None Available
Sierra Six Properties Llc -- None Available
Sierra Six Properties Llc -- None Available
Alrawashdeh Habes M $213,500 Fidelity National Title Co
Alrawashdeh Habes M $213,500 Fidelity National Title Co
Mitri Sami -- Fidelity National Title Co
Mitri Sami -- Fidelity National Title Co
Rowson Peter J -- --
Rowson Peter J -- --
Rowson Peter J -- Fidelity National Title Co
Rowson Peter J -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mousad Emad $459,375
Previous Owner Alrawashdeh Habes M $170,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $612,500 -2.0% $191 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/06/2024 08/06/24 For Sale $625,000 -- $195 / Sq Ft
Source: Tulare County MLS

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 $3,494 $612,500 $90,000 $522,500
2024 $3,494 $324,280 $62,580 $261,700
2023 $3,398 $317,922 $61,353 $256,569
2022 $3,246 $311,689 $60,150 $251,539
2021 $3,535 $305,578 $58,971 $246,607
2020 $3,220 $302,444 $58,366 $244,078
2019 $3,122 $162,142 $33,779 $128,363
2018 $1,681 $158,963 $33,117 $125,846
2017 $1,653 $155,846 $32,468 $123,378
2016 $1,633 $152,790 $31,831 $120,959
2015 $1,587 $150,495 $31,353 $119,142
2014 $1,587 $147,547 $30,739 $116,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 230670

Tulare County MLS

APN: 093-232-006-000