NOT LISTED FOR SALE

Estimated Value: $604,000 - $625,000

2 Beds
1 Bath
2,998 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $541,000 $180 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,901/month

9 Days on Market

About This Home

As of November 2023

Perfect starter investment! Well maintained triplex in SW Bakersfield is close to everything, schools, shopping, dining, you name it. There is one 2 bedroom, 2 bath and two 2 bedroom, 1 bath units. Each comes with a 2 car garage, 2 units are downstairs and one is built over the garage. Owner has valued long term residency therefore there is room for growth in the rent. Great opportunity to start your career as a real estate investor.

Last Agent to Sell the Property

John Garone

Locator Real Estate Co. License #1165021 Listed on: 06/20/2023

Last Buyer's Agent

Roger Herrick

Marc Luter Referral Office License #01486172

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,219

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot

Interior Spaces

  • 2,998 Sq Ft Home
  • 2-Story Property

Schools

  • Munsey Elementary School
  • Curran Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 16428005

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $32,940
  • Net Operating Income $23,789

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,219

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1976
  • Building Stories: 2
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2998.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Curran

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 16428005

Multi Family

  • Total Annual Expense: 9150.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 3
  • Annual Gross Income: 32940.00
  • Property Net Operating Income: 23789.00

MLS Schools

  • Elementary School: Munsey, Millie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2023
Sold by
Richardson Family Trust
Bought by
Arias Jesus D and Arias Stacy
Current Estimated Value
$614,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,631
Interest Rate
7.31%
Mortgage Type
VA

Purchase Details

Closed on
Mar 2, 2004
Sold by
Jeanne Echevere Lorenzo and Jeanne Echevere Marie
Bought by
Richardson Nereus L and Richardson Janelle T
Source: Public Records

Range of Values:

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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
Arias Jesus D $541,000 Ticor Title
Richardson Nereus L $275,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arias Jesus D $552,631
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $541,000 -1.6% $180 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $550,000 -- $183 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

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 $8,219 $551,820 $61,200 $490,620
2024 $6,222 $541,000 $60,000 $481,000
2023 $6,222 $375,791 $47,821 $327,970
2022 $6,064 $368,424 $46,884 $321,540
2021 $5,027 $300,000 $50,000 $250,000
2020 $4,743 $282,000 $50,000 $232,000
2019 $4,718 $282,000 $50,000 $232,000
2018 $4,296 $250,000 $40,000 $210,000
2017 $4,327 $250,000 $60,000 $190,000
2016 $4,061 $250,000 $60,000 $190,000
2015 $4,073 $250,000 $30,000 $220,000
2014 $2,992 $160,000 $30,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202305117

Bakersfield Association of REALTORS® / GEMLS

APN: 164-280-05-00-2