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5720 West Prospect Drive

5720 West Prospect Drive, Visalia, CA 93291
House in Tulare
Sold Apr 13, 2021
$710,000
$548,000 by Home Point Financial Corporati
Mortgage Due May 01, 2036
Sold Aug 24, 2005
$170,000
$489,400 by Citimortgage Inc
Mortgage Due Sep 01, 2036
5720 West Prospect Drive in Visalia, CA was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 13 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 5720 West Prospect Drive has 3,490 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,033 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 838 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5720 West Prospect Drive sold most recently in Mar 30, 2021 for a total of $710,000. If you work out the math, that's approximately a cost of $203.44 per sqft. Before that, the property was also sold for $170,000 in Aug 12, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,538 in taxes each year. 5720 West Prospect Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $738,684. If we break it down further, the land itself was valued at $176,868. Improvements to the property, however, were assessed at a total of $561,816. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 838
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 14,033
  • Total Building Area: 3,490
  • Gross Building Area: 3,490
  • Building Area: 3,490
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,490
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE LAKES PHASE IV
  • Land Acres: 0.322
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT 103 THE LAKES PHASE IV RM 34-6

Ownership

  • Current Owner : TAN TIMOTHY L
  • Current Owner 2: RHEE JANET HYUNSOOK
  • Previous Owner : FLORES ENGRACIA
  • Owner Before Previous Owner: AGUSTIN MARIETTA F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Visalia Unified School District
  • Census Tract: 001008

Zoning

  • Zoning: R16

Geography

  • Parcel: 077-210-022-000
  • Lot: 103
  • Municipality: CITY OF WOODLAKE
  • Latitude: 36.3453
  • Longitude: -119.355

    Address

  • Full Address: 5720 W Prospect Dr
  • Address - House Number: 5720
  • Street Direction: W
  • Address - Street Name: Prospect
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Visalia
  • Carrier Code: R020
  • 4-Digit Zip Code: 8901
  • Zip Code: 93291

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,538
  • Tax Rate Code Area: 00-004

    Appraisal Valuation

  • Standard Deviation: 0.2065
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 72
  • Final Value: 699,449
  • High Value: 843,936
  • Low Value: 554,962

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $548,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $738,684
  • Assessed Land Value: $176,868
  • Assessed Improvements Value: $561,816

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11830422097
  • Current Sale Price: $710,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0026319
  • Previous Sale Recording Date: Aug 24, 2005
  • Previous Sale Contract Date: Aug 12, 2005
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: CITIMORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 24, 2005
  • Previous Mortgage Loan Amount: $489,400
  • Previous Mortgage Term: 372
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Sep 01, 2036

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Frequently Asked Questions

What neighborhood is 5720 West Prospect Drive located in?
The 5720 West Prospect Drive is a house located in the neighborhood of Tulare in Visalia, Visalia.
What is the average sales price for listings in 5720 West Prospect Drive?
The average sales price for units in 5720 West Prospect Drive is $0 currently.

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