NOT LISTED FOR SALE

1004 Water St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $410,707 - $497,000

2 Beds
2 Baths
2,832 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $205,000 $72 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,839/month

82 Days on Market

About This Home

As of December 2014

Great way to watch your money grow. Great investment with great rental income.

Last Agent to Sell the Property

Omar Sharafadin

Executive, REALTORS® License #01760675 Listed on: 08/15/2014

Last Buyer's Agent

Jeanne Radsick

Century 21 Jordan-Link & Co License #00975305

Century 21 Jordan-Link & Co

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 5,878 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,832 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 12604126

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $26,000
  • Net Operating Income $20,044

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1982
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2832.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 5878.00
  • Parcel #: 12604126

Multi Family

  • Total Annual Expense: 5956.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 26000.00
  • Property Net Operating Income: 20044.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2015
Sold by
Weiss Philip and Weiss Carmen Marsh
Bought by
Weiss Philip Thomas and Weiss Carmen Marsh
Current Estimated Value
$445,177

Purchase Details

Closed on
Sep 22, 2014
Sold by
Saleh Khalid H
Bought by
Weiss Philip and Weiss Carmen Marsh

Purchase Details

Closed on
Jan 17, 2013
Sold by
Saleh Amal
Bought by
Saleh Khalid H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,300
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Fannie Mae
Bought by
Saleh Khalid

Purchase Details

Closed on
Feb 4, 2011
Sold by
Johnson Jason and Leon Ana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 23, 2003
Sold by
Hughes Thomas B and Hughes Susan A
Bought by
Johnson Jason and Leon Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Hughes Thomas B and Hughes Susan A
Bought by
Johnson Jason and Leon Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2001
Sold by
Nielsen John B and Nielsen Lalitha S
Bought by
Hughes Thomas B and Hughes Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.92%

Purchase Details

Closed on
Jul 21, 1994
Sold by
Bates Daniel and Bates Debbie
Bought by
Nielsen John B and Nielsen Lalitha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
8.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weiss Philip Thomas -- None Available
Weiss Philip $205,000 Placer Title Company
Saleh Khalid H -- First American Title Company
Saleh Khalid $101,500 Stewart Title Of California
Federal National Mortgage Association $568,085 None Available
Johnson Jason $205,000 Ticor Title
Johnson Jason $205,000 Ticor Title
Hughes Thomas B -- American Title Co
Nielsen John B $113,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saleh Khalid H $84,300
Previous Owner Johnson Jason $184,500
Previous Owner Johnson Jason $184,500
Previous Owner Hughes Thomas B $76,000
Previous Owner Nielsen John B $90,400
Closed Nielsen John B $11,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $205,000 -4.7% $72 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $215,000 -- $76 / 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 $6,322 $246,369 $60,089 $186,280
2024 $6,105 $241,539 $58,911 $182,628
2023 $6,105 $236,804 $57,756 $179,048
2022 $5,684 $232,162 $56,624 $175,538
2021 $5,323 $227,611 $55,514 $172,097
2020 $5,171 $225,278 $54,945 $170,333
2019 $4,992 $225,278 $54,945 $170,333
2018 $4,855 $216,532 $52,812 $163,720
2017 $4,792 $212,287 $51,777 $160,510
2016 $4,146 $208,125 $50,762 $157,363
2015 $4,143 $205,000 $50,000 $155,000
2014 $2,977 $106,078 $20,902 $85,176
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2014

    Omar Sharafadin

    Executive, REALTORS®

    (661) 431-9765

    1 in this area

    17 Total Sales

    Omar Sharafadin
    Section Image
  • Jeanne Radsick

    Buyer's Agent in 2014

    Jeanne Radsick

    Century 21 Jordan-Link & Co

    (661) 319-6555

    5 in this area

    104 Total Sales

    Jeanne Radsick
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21408751

Bakersfield Association of REALTORS® / GEMLS

APN: 126-041-26-00-2

California Kern County Bakersfield 93305 East Bakersfield

1004 Water St, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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