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612 E Morton Ave
Porterville, CA 93257
Land For Sale
·
9.62 AC
Property Facts
Description
428 & 452 Park included, but the value is in the subdivision potential offered herein. 9.62 total Ac of residential land zoned for subdivision w/3 rental residences generating net income of +/- $24,000 to off set development holding cost while in planning.Existing tentative parcel map approved w/ City for 3 developed residential units,1 vacant residential lot & the balance +/- 9 acres of residential land. Residences on city water & individual septic systems.Sewer in E Morton.See attached docs:Aerial Map,Tentative 5 Parcel Map,Engineer's Estimate of Required Improvements,& Property Management 2017 Income Statement. Sewer in Morton but all houses on separate septics, and all are hooked up to city water
Property Taxes
| Parcel Number | 253-070-035-000 | Improvements Assessment | $433,500 |
| Land Assessment | $204,000 | Total Assessment | $637,500 |
Property Taxes
Parcel Number
253-070-035-000
Land Assessment
$204,000
Improvements Assessment
$433,500
Total Assessment
$637,500
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