$450,000
SOLD JAN 16, 2025
5 Beds
4 Baths
2,130 Sq Ft
7,533 Sq Ft Lot

Recently Sold

$211 Per Sq Ft

4% Below List Price

50 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Laundry Room
  • Neighborhood Views
  • Living Room
  • Central Heating and Cooling System

About This Home

As of January 2025

We proudly present this exceptional 4-unit multifamily property at 173 E. Oak Ave, Porterville, CA. Built in 1987, this property offers a desirable unit mix of two spacious 1-bedroom units. The Front home is a large two-bedroom with a front yard and a small patio that tenants use for storage. One Studio unit. Large carport for three cars, Small Utility which houses the water heaters. A Coin-operated laundry room and a separate landlord storage room were also used. Ideally situated on a generous lot, next to the ''Rails To Trails Pkwy'' walk / bike path. Downtown location, close to shopping.

Last Agent to Sell the Property

Alicia Gonzales

Downtown Realty License #01220017

Last Buyer's Agent

Jared Davis

Downtown Realty License #02152342

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,630

Year Built

  • Built in 1987

Lot Details

  • 7,533 Sq Ft Lot
  • North Facing Home
  • Back and Front Yard

Home Design

  • Quadruplex
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,130 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Carport
  • No Garage

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity, gas, hot water
  • The owner pays for water, trash collection
  • Assessor Parcel Number 253160042000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,630

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Lot Size: 50x120 estimated (public records)
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Directions: Heading East on Olive Ave. and turn North ''left'' on Main Street then east (right) on E. Oak for 3 business blocks. Property will be on right side next to city trail path.
  • Garage Yn: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1987
  • ResoBuildingAreaSource: PublicRecords
  • Rooms:Living Room2: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Exhaust Fan, Free-Standing Range, Gas Water Heater
  • Owner Pays: Water, Trash Collection
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Other
  • Appliances:Gas Water Heater: Yes
  • Appliances:Exhaust Fan: Yes
  • Appliances:Free-Standing Range: Yes

Exterior Features

  • Lot Features: Back Yard, Front Yard
  • Pool Private: No
  • View: Neighborhood
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: North
  • Foundation Details: Raised, Slab
  • Patio And Porch Features: Front Porch
  • Roof: Composition
  • Patio and Porch Features:Front Porch: Yes
  • Lot Features:Back Yard: Yes
  • Lot Features:Front Yard: Yes
  • Construction:Stucco: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 7533.0
  • Additional Parcels: No
  • Parcel #: 253160042000
  • Zoning Description: Quad-plex
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Hot Water

Multi Family

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $450,000 -3.2% $211 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/07/2024 10/07/24 Price Changed $465,000 -1.0% $218 / Sq Ft
10/02/2024 10/02/24 For Sale $469,900 0.0% $221 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $469,900 -- $221 / 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
2024 $2,630 $242,786 $43,744 $199,042
2023 $2,628 $238,027 $42,887 $195,140
2022 $2,546 $233,361 $42,047 $191,314
2021 $2,517 $228,786 $41,223 $187,563
2020 $2,490 $226,440 $40,800 $185,640
2019 $2,446 $222,000 $40,000 $182,000
2018 $2,503 $226,833 $53,293 $173,540
2017 $2,441 $222,385 $52,248 $170,137
2016 $2,683 $249,655 $61,026 $188,629
2015 $2,581 $245,905 $60,109 $185,796
2014 $2,581 $241,089 $58,932 $182,157
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $441,849 FHA
Previous Owner $238,000 New Conventional
Previous Owner $182,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $450,000 Chicago Title
Grant Deed $222,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $100,000 Fidelity Natl Title Co Of Ca
Source: Public Records

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Source: Tulare County MLS

MLS Number: 231023

Tulare County MLS

APN: 253-160-042-000