NOT LISTED FOR SALE

Estimated Value: $175,000 - $233,000

2 Beds
1 Bath
721 Sq Ft
$284/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $350,000 $485 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $1,260/month

27 Days on Market

About This Home

As of September 2020

Excellent investment on this multi-family property. All Four units are currently rented to long term tenants and maintain their units much like owners. If you have multi family investors looking to improve their portfolio, this is a great opportunity. Call today for a showing.

Last Agent to Sell the Property

William Chicas

Watson Realty License #01815714 Listed on: 07/29/2020

Co-Listed By

louie Martinez

Watson Realty License #02039429

Last Buyer's Agent

Elias Sandoval

Westchester Homes License #01717634

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 4,097 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 721 Sq Ft Home
  • 1-Story Property

Schools

  • Garza Elementary School
  • Sierra Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 13712023

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $36,300
  • Net Operating Income $25,556

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

4,097 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1947
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 6105
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 721.00

Exterior Features

  • Disclosures: Call Listing Agent, None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC,Evaporative,Floor/Wall Heater

Schools

  • High School: East
  • Middle Or Junior School: Sierra

Lot Info

  • Lot Size Sq Ft: 4097.00
  • Parcel #: 13712023

Multi Family

  • Total Annual Expense: 10744.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 36300.00
  • Property Net Operating Income: 25556.00

MLS Schools

  • Elementary School: Garza, Ramon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2022
Sold by
Zuniga and Gabriela
Bought by
Zuniga Holdings Llc
Current Estimated Value
$204,927

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 16, 2020
Sold by
Menjivar Elba M
Bought by
Menjivar Jose R
Seller's Agent
William Chicas
Watson Realty
Buyer's Agent
Elias Sandoval
Westchester Homes
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.32%

Purchase Details

Closed on
Oct 14, 2017
Sold by
Menjivar Jose R and Connell Stefany I O
Bought by
Menjivar Jose R and Connell Stefany I O

Purchase Details

Closed on
Apr 22, 2013
Sold by
Menjivar Stefany
Bought by
Menjivar Jose R and Menjivar Stefany

Purchase Details

Closed on
Dec 15, 2007
Sold by
Menjivar Jose R and Menjivar Stefany
Bought by
Menjivar Jose R and Menjivar Stefany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2005
Sold by
Menjivar Jose R and Menjivar Stefany
Bought by
Menjivar Jose R and Menjivar Stefany

Purchase Details

Closed on
Oct 27, 2005
Sold by
Menjivar Elba M
Bought by
Menjivar Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 13, 2005
Sold by
Cisneros Jose L
Bought by
Menjivar Jose and Menjivar Stefany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 20, 2005
Sold by
Cisneros Rosa E
Bought by
Cisneros Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2004
Sold by
Granados Ruben and Granados Sandra
Bought by
Cisneros Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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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
Zuniga Holdings Llc -- Guerrero Mears Llp
Menjivar Jose R -- First American Title Company
Menjivar Jose R -- None Available
Menjivar Jose R -- None Available
Menjivar Jose R $32,500 Chicago Title
Menjivar Jose R $150,000 None Available
Menjivar Jose -- Stewart Title
Menjivar Jose $153,000 Stewart Title
Cisneros Jose L -- Commonwealth Title
Cisneros Jose L $100,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menjivar Jose R $128,000
Previous Owner Menjivar Jose $122,000
Previous Owner Cisneros Jose L $89,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2020 09/24/20 Sold $350,000 -4.1% $485 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $365,000 -- $506 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $2,314 $119,065 $37,884 $81,181
2024 $2,247 $116,732 $37,142 $79,590
2023 $2,247 $114,444 $36,414 $78,030
2022 $2,154 $112,200 $35,700 $76,500
2021 $2,055 $110,000 $35,000 $75,000
2020 $1,850 $95,000 $24,000 $71,000
2019 $1,389 $60,000 $18,000 $42,000
2018 $1,222 $48,000 $12,000 $36,000
2017 $1,289 $54,000 $14,000 $40,000
2016 $976 $41,000 $10,000 $31,000
2015 $926 $36,000 $9,000 $27,000
2014 $914 $36,000 $9,000 $27,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202007549

Bakersfield Association of REALTORS® / GEMLS

APN: 137-120-23-00-9

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