NOT LISTED FOR SALE
-- Bed
-- Bath
8,960 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: December 3, 2020

Last sale price $825,000 $92 Per Sq Ft

59 Days on Market

About This Home

As of December 2020

Opportunity for 10 units in Central Bakersfield. Units are each 2 bedroom, 1 bath. Fenced in. Corner lot location. Near area shopping and downtown Bakersfield.

Last Agent to Sell the Property

Michael Freedman

American Real Estate License #01212171 Listed on: 09/05/2020

Last Buyer's Agent

Michael Freedman

American Real Estate License #01212171 Listed on: 09/05/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 12,073 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 8,960 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00911113

Community Details

Overview

  • 10 Units
  • Lowell Add Subdivision

Building Details

  • Gross Income $83,580
  • Net Operating Income $75,883

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.28 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1971
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 8960.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 12073.00
  • Parcel #: 00911113

Multi Family

  • Total Annual Expense: 7697.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 10
  • Annual Gross Income: 83580.00
  • Property Net Operating Income: 75883.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 17, 2020
Sold by
Bought by
Seller's Agent
Michael Freedman
American Real Estate
Buyer's Agent
Michael Freedman
American Real Estate
List Price
$839,900
Sold Price
$825,000
Premium/Discount to List
-$14,900
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2017
Closed on
Feb 23, 2017
Sold by
Bought by
Seller's Agent
Isaac Garrett
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Isaac Garrett
Berkshire Hathaway HomeServices California Properties
List Price
$409,000
Sold Price
$290,000
Premium/Discount to List
-$119,000
-29.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.25%
Original Mortgage
$150,000
Interest Rate
0.0419%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0602%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 23, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$825,000 Ticor Title Company
$325,000 Chicago Title Company
-- Ticor Title
$125,000 Chicago Title Co
$156,068 World Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $495,000
Previous Owner $405,000
Previous Owner $150,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2020 12/03/20 Sold $825,000 -1.8% $92 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $839,900 +189.6% $94 / Sq Ft
03/08/2017 03/08/17 Sold $290,000 -29.1% $32 / Sq Ft View Prior Sale
02/23/2017 02/23/17 Pending -- -- --
12/19/2016 12/19/16 For Sale $409,000 -- $46 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,115 $893,005 $75,769 $817,236
2024 $16,115 $875,496 $74,284 $801,212
2023 $15,742 $858,330 $72,828 $785,502
2022 $15,300 $841,500 $71,400 $770,100
2021 $14,443 $825,000 $70,000 $755,000
2020 $8,001 $307,748 $39,263 $268,485
2019 $7,849 $307,748 $39,263 $268,485
2018 $7,697 $295,800 $37,740 $258,060
2017 $7,289 $105,403 $35,775 $69,628
2016 $5,203 $103,337 $35,074 $68,263
2015 $5,112 $101,786 $34,548 $67,238
2014 $4,957 $99,793 $33,872 $65,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202009248

Bakersfield Association of REALTORS® / GEMLS
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