NOT LISTED FOR SALE

Estimated Value: $449,913 - $614,000

6 Beds
10 Baths
2,912 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $269,900 $93 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,199/month

13 Days on Market

About This Home

As of June 2018

Great income potential in these 3 units with garages and laundry hook ups for each unit. Property is in need of some attention and is priced accordingly. Bring your investors. Bring your FHA buyers, 2 of the units are vacant. Buyer to veriy all information including schools. Seller has never been inside units.

Last Agent to Sell the Property

Terri Harmon

Unknown Broker License #01876125 Listed on: 05/17/2018

Last Buyer's Agent

Kyle Korman

Unknown Broker License #02014716

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,576

Year Built

  • Built in 1974

Lot Details

  • 6,926 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 2,912 Sq Ft Home
  • 2-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 16422204

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $28
  • Net Operating Income $16,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,576

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1974
  • Building Stories: 2
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2912.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Garage
  • Garages: 3

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6926.00
  • Parcel #: 16422204

Multi Family

  • Total Annual Expense: 11777.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 3
  • Annual Gross Income: 27.90
  • Property Net Operating Income: 16123.00

MLS Schools

  • Elementary School: Munsey, Millie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
May 31, 2018
Sold by
Mcdowell Thomas John
Bought by
Phan Tony
Seller's Agent
Terri Harmon
Unknown Broker
Buyer's Agent
Kyle Korman
Unknown Broker
List Price
$269,900
Sold Price
$269,900
Current Estimated Value
$522,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,328
Avg. Annual Appreciation
9.41%
Original Mortgage
$260,892
Outstanding Balance
$224,964
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$297,264

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jun 21, 2017
Sold by
Vega Francisco Ayala and Vega Hosa Maria
Bought by
Mcdowell Thomas John and Thomas & Victoria Mcdowell Charitable Re
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.57%

Purchase Details

Closed on
Sep 25, 2008
Sold by
Cortez Patricia Vega
Bought by
Vega Francisco Ayala and Vega Rosa M Cortez

Purchase Details

Closed on
Jul 30, 2008
Sold by
Vega Francisco Ayala
Bought by
Vega Rosa M Cortez

Purchase Details

Closed on
Aug 9, 2001
Sold by
Stieber Mary Ann
Bought by
Vega Francisco Ayala and Vega Rosa M Cortez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
6.62%
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
Phan Tony $270,000 Chicago Title Bakersfield
Mcdowell Thomas John $280,000 Chicago Title Company
Vega Francisco Ayala -- None Available
Cortez Patricia Vega -- Accommodation
Vega Rosa M Cortez -- None Available
Vega Francisco Ayala $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Tony $260,892
Previous Owner Vega Francisco Ayala $103,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2018 06/29/18 Sold $269,900 0.0% $93 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $269,900 -3.6% $93 / Sq Ft
06/27/2017 06/27/17 Sold $280,000 -3.4% $96 / Sq Ft View Prior Sale
06/09/2017 06/09/17 For Sale $290,000 -- $100 / 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 $5,576 $307,209 $45,510 $261,699
2024 $5,446 $301,186 $44,618 $256,568
2023 $5,446 $295,282 $43,744 $251,538
2022 $5,293 $289,493 $42,887 $246,606
2021 $4,994 $283,818 $42,047 $241,771
2020 $4,891 $280,908 $41,616 $239,292
2019 $4,799 $280,908 $41,616 $239,292
2018 $4,885 $285,600 $40,800 $244,800
2017 $3,455 $165,335 $31,816 $133,519
2016 $3,239 $162,094 $31,193 $130,901
2015 $3,206 $159,660 $30,725 $128,935
2014 $3,107 $156,534 $30,124 $126,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21806065

Bakersfield Association of REALTORS® / GEMLS

APN: 164-222-04-00-5