Seller's Agent in 2021
Gabriel Chipe
LEOLA Commercial , Inc.
(818) 570-3301
2 in this area
28 Total Sales
510 N Locust St Visalia, CA 93291
Oval NeighborhoodEstimated Value: $551,162 - $749,000
8
Beds
4
Baths
2,964
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- Central Heating and Cooling System
- Security Fence
- Rectangular Lot
About This Home
As of October 2021Investor Opportunity to own 4 Quadruplexes in the Visalia area. This quadruplex is located on North Locust street just off of Murray in the downtown area. Current ownership owns adjacent quadruplex as well as two additional quadruplexes in the neighborhood, which are all offered For Sale. You can buy them all or buy them individually. This Quadruplex offers 4 covered carports and a keyed security entrance to the units. Each unit is approximately 750 sf and offer 2 spacious bedrooms, a living room, a full kitchen with appliances and 1 full bathroom. Lower units have a private patio; upper units have small balcony area at top of stairs/entry to unit. All units have security doors installed (front doors only). Within walking distance to local schools, transportation and shops.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,423
Year Built
- Built in 1977
Lot Details
- 6,450 Sq Ft Lot
- Two or More Common Walls
- Security Fence
- Wrought Iron Fence
- Rectangular Lot
- Level Lot
Home Design
- Quadruplex
Interior Spaces
- 2,964 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Driveway
- Assigned Parking
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 3-6 / 5
- Assessor Parcel Number 094355016000
- $1 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $800
- Maintenance Expense $2,799
- Professional Management Expense $2,099
- Trash Expense $954
- Water Sewer Expense $4,133
- New Taxes Expense $6,250
- Operating Expense $17,185
- Gross Income $34,194
- Net Operating Income $17,009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2021
Sold by
Ahmad Zahir
Bought by
Dani Llc
Total Days on Market
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Outstanding Balance
$275,893
Interest Rate
2.39%
Mortgage Type
New Conventional
Estimated Equity
$399,648
Purchase Details
Closed on
Dec 27, 2021
Sold by
Ahmad Zahir and Dani Llc
Bought by
Ahmad Zahir
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Outstanding Balance
$275,893
Interest Rate
2.39%
Mortgage Type
New Conventional
Estimated Equity
$399,648
Purchase Details
Listed on
Aug 9, 2021
Closed on
Sep 30, 2021
Sold by
Howell Shelly Keith and Howell William Shawn
Bought by
Dani Llc
Seller's Agent
Gabriel Chipe
LEOLA Commercial , Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Purchase Details
Closed on
Jan 17, 2020
Sold by
Howell William Shawn
Bought by
Howell William Shawn and Howell Shelly Keith
Purchase Details
Closed on
Dec 21, 2011
Sold by
Lopez Jose L
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
May 28, 2005
Sold by
Rodgers Vivian Marie
Bought by
Lopez Jose L and Lopez Alma U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2003
Sold by
Mathias Margaret
Bought by
Mathias David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 23, 2003
Sold by
Mathias David C
Bought by
Rodgers Vivian M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 18, 2001
Sold by
Mathias Margaret M
Bought by
Mathias David C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
6.87%
Purchase Details
Closed on
Sep 6, 2001
Sold by
Branquinho Jorge A
Bought by
Mathias David C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
6.87%
Purchase Details
Closed on
Jul 24, 2001
Sold by
Branquinho Jorge A
Bought by
Branquinho Jorge A and Branquinho Ivone J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
6.87%
Purchase Details
Closed on
Apr 12, 1995
Sold by
Avila Carlos A and Avila Rosemary
Bought by
Branquinho Jorge A and Branquinho Ivone J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
8.36%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dani Llc | -- | Old Republic Title Company | |
| Ahmad Zahir | -- | Old Republic Title Company | |
| Ahmad Zahir | -- | Old Republic Title Company | |
| Dani Llc | $485,000 | North American Title Company | |
| Howell William Shawn | -- | None Available | |
| Federal National Mortgage Association | $99,300 | Landsafe Title | |
| Lopez Jose L | $355,000 | First American Title Co | |
| Mathias David | -- | Fidelity National Title Co | |
| Rodgers Vivian M | $207,500 | Fidelity National Title Co | |
| Mathias David C | -- | Fidelity National Title Co | |
| Mathias David C | $121,000 | Fidelity National Title Co | |
| Branquinho Jorge A | -- | -- | |
| Branquinho Jorge A | $141,500 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ahmad Zahir | $339,500 | |
| Previous Owner | Lopez Jose L | $250,000 | |
| Previous Owner | Rodgers Vivian M | $166,000 | |
| Previous Owner | Mathias David C | $60,000 | |
| Previous Owner | Mathias David C | $96,800 | |
| Previous Owner | Branquinho Jorge A | $113,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $485,000 | -2.8% | $164 / Sq Ft |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- |
| 09/13/2021 09/13/21 | Price Changed | $499,000 | -0.2% | $168 / Sq Ft |
| 08/09/2021 08/09/21 | For Sale | $500,000 | +371.7% | $169 / Sq Ft |
| 02/22/2012 02/22/12 | Sold | $106,000 | -3.5% | $36 / Sq Ft |
| 01/25/2012 01/25/12 | Pending | -- | -- | -- |
| 01/20/2012 01/20/12 | For Sale | $109,900 | -- | $37 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,423 | $504,594 | $83,232 | $421,362 |
| 2023 | $5,274 | $494,700 | $81,600 | $413,100 |
| 2022 | $1,320 | $125,463 | $35,508 | $89,955 |
| 2021 | $1,321 | $123,003 | $34,812 | $88,191 |
| 2020 | $1,296 | $121,742 | $34,455 | $87,287 |
| 2019 | $1,265 | $119,354 | $33,779 | $85,575 |
| 2018 | $1,241 | $117,014 | $33,117 | $83,897 |
| 2017 | $1,220 | $114,720 | $32,468 | $82,252 |
| 2016 | $1,206 | $112,470 | $31,831 | $80,639 |
| 2015 | $1,172 | $110,781 | $31,353 | $79,428 |
| 2014 | $1,172 | $108,611 | $30,739 | $77,872 |
Source: Public Records
Agents Affiliated with this Home
-
Gabriel Chipe
-
NoEmail NoEmail
N
Buyer's Agent in 2021
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,466 Total Sales
-
P
Seller's Agent in 2012
Preston Miller
Modern Broker, Inc.
-
M
Seller Co-Listing Agent in 2012
Michael Hernandez
Modern Broker, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21175460
APN: 094-355-016-000
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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