NOT LISTED FOR SALE

101 Jefferson St Taft, CA 93268

-- Bed
-- Bath
4,332 Sq Ft
0.29 Acres

Last Sold March 01, 2024

Last sale price $1,015,000 $234 Per Sq Ft

533 Days on Market

Highlights

  • Heated Floors
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of March 2024

PRICE REDUCTION! 12 Units being sold together. 2 parcels - 6 units each. 101 Jefferson St & 305 Monroe St, the properties are within 1/4 mile of each other. Ten - 2 Bedroom/1 Bathroom and Two - 1 Bedroom/1 Bathroom units, 100% Occupied, Rents have room for improvement. Strong rental demand in Taft. Value Add Opportunity! Each parcel may be sold separately, contact listing agent for individual pricing.

Last Agent to Sell the Property

Daniel Holt

Portfolio Properties License #01732002 Listed on: 08/26/2022

Last Buyer's Agent

Maria Davalos

AREG, Inc. License #01777691

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot

Home Design

  • Composition Roof

Interior Spaces

  • 4,332 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Parking

  • Carport
  • 8 Car Parking Spaces

Schools

  • Roosevelt Taft Elementary School
  • Lincoln Middle School
  • Taft High School

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 19922219

Community Details

Overview

  • 12 Units
  • Ford Subdivision

Building Details

  • Gross Income $134,400
  • Net Operating Income $85,814

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 11 Plus
  • Lot Size Acres: 0.2900
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4332.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Carport

Utilities

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

Schools

  • High School: Taft
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning Description: R-1
  • Lot Size Sq Ft: 12632.00
  • Parcel #: 19922219

Multi Family

  • Total Annual Expense: 45898.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 12
  • Existing Lease Type: Net
  • Annual Gross Income: 134400.00
  • Property Net Operating Income: 85814.00

MLS Schools

  • Elementary School: Roosevelt_Taft
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Sold $1,015,000 +99.0% $234 / Sq Ft
02/09/2024 02/09/24 Sold $510,000 -50.6% $118 / Sq Ft View Prior Sale
02/06/2024 02/06/24 Pending -- -- --
01/27/2024 01/27/24 Pending -- -- --
11/22/2023 11/22/23 Price Changed $1,032,000 +100.0% $238 / Sq Ft
11/22/2023 11/22/23 Price Changed $516,000 -52.2% $119 / Sq Ft
10/13/2023 10/13/23 Price Changed $1,080,000 +100.0% $249 / Sq Ft
10/13/2023 10/13/23 For Sale $540,000 -51.8% $125 / Sq Ft
08/22/2022 08/22/22 For Sale $1,120,000 +180.0% $259 / Sq Ft
04/15/2021 04/15/21 Sold $400,000 +2.6% $92 / Sq Ft View Prior Sale
03/16/2021 03/16/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $389,900 -- $90 / 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 $12,261 $432,970 $32,472 $400,498
2024 $12,261 $424,482 $31,836 $392,646
2023 $8,419 $416,160 $31,212 $384,948
2022 $8,118 $408,000 $30,600 $377,400
2021 $6,593 $300,000 $19,000 $281,000
2020 $4,146 $125,501 $11,187 $114,314
2019 $4,121 $125,501 $11,187 $114,314
2018 $4,084 $120,629 $10,753 $109,876
2017 $4,029 $118,265 $10,543 $107,722
2016 $3,935 $115,947 $10,337 $105,610
2015 $3,623 $114,206 $10,182 $104,024
2014 $3,370 $111,970 $9,983 $101,987
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202209505

Bakersfield Association of REALTORS® / GEMLS