Seller's Agent in 2022
Jason Rodriguez
LPT Realty, Inc.
(661) 220-9773
5 in this area
208 Total Sales
1015 Pacific St Bakersfield, CA 93305
East Bakersfield NeighborhoodEstimated Value: $550,053 - $613,000
6
Beds
4
Baths
3,838
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- Laundry Room
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of July 2022Fully occupied 4-plex in N/E Bakersfield. In great condition with 40 years roof, Air Conditioning, Covered parking and recent paint to the exterior. Front unit is 2 bedroom, 2 bathroom, other three units are 2 bedrooms/ 1 bathroom each. Fully occupied and all the tenants are paying rent. Possible upside to rent for new owner. No rent control in Kern County. Great asset to add to your portfolio.
Last Agent to Sell the Property
LPT Realty, Inc. License #01825023 Listed on: 06/03/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,184
Year Built
- Built in 1968
Lot Details
- 7,405 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Asphalt Roof
Interior Spaces
- 3,838 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- 6 Parking Spaces
- 6 Carport Spaces
- Parking Available
Additional Features
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 3
- Tax Tract Number 13
- Assessor Parcel Number 01508004
- $4,036 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Water Sewer Expense $120
- Operating Expense $2,280
- Net Operating Income $30,708
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2022
Closed on
Jun 27, 2022
Sold by
Royce Rollins
Bought by
1015 Pacific Street Llc
Seller's Agent
Jason Rodriguez
LPT Realty, Inc.
Buyer's Agent
Asuncion Hinostroza
First Family Homes
List Price
$479,000
Sold Price
$475,500
Premium/Discount to List
-$3,500
-0.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,060
Avg. Annual Appreciation
6.25%
Purchase Details
Listed on
May 15, 2012
Closed on
Jun 24, 2012
Sold by
Somers Christopher
Bought by
Rollins Royce
Seller's Agent
Alec Bernstein
LRS Realty & Management, Inc,
Buyer's Agent
Jason Rodriguez
LPT Realty, Inc.
List Price
$145,000
Sold Price
$156,000
Premium/Discount to List
$11,000
7.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$117,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2004
Sold by
Somers Lana
Bought by
Somers Chris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 23, 2003
Sold by
Miech April D
Bought by
Somers Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 20, 1996
Sold by
Mapes Linda
Bought by
Mapes Richard
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1015 Pacific Street Llc | $475,500 | Placer Title | |
| Rollins Royce | $156,000 | Placer Title Company | |
| Somers Chris | -- | Commonwealth Title | |
| Somers Christopher | $160,000 | Commonwealth Title | |
| Mapes Richard | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rollins Royce | $117,000 | |
| Previous Owner | Somers Christopher | $144,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2022 07/19/22 | Sold | $475,500 | -0.7% | $124 / Sq Ft |
| 06/18/2022 06/18/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $479,000 | +207.1% | $125 / Sq Ft |
| 08/08/2012 08/08/12 | Sold | $156,000 | +7.6% | $41 / Sq Ft |
| 07/09/2012 07/09/12 | Pending | -- | -- | -- |
| 05/15/2012 05/15/12 | For Sale | $145,000 | -- | $38 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,184 | $495,230 | $104,040 | $391,190 |
| 2024 | $8,184 | $485,520 | $102,000 | $383,520 |
| 2023 | $8,000 | $476,000 | $100,000 | $376,000 |
| 2022 | $4,403 | $181,013 | $34,808 | $146,205 |
| 2021 | $4,036 | $177,465 | $34,126 | $143,339 |
| 2020 | $4,036 | $175,647 | $33,777 | $141,870 |
| 2019 | $3,829 | $175,647 | $33,777 | $141,870 |
| 2018 | $3,753 | $168,828 | $32,466 | $136,362 |
| 2017 | $3,721 | $165,519 | $31,830 | $133,689 |
| 2016 | $3,501 | $162,274 | $31,206 | $131,068 |
| 2015 | $3,463 | $159,838 | $30,738 | $129,100 |
| 2014 | $3,356 | $156,708 | $30,136 | $126,572 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Asuncion Hinostroza
First Family Homes
(562) 756-9606
1 in this area
6 Total Sales
-
A
Seller's Agent in 2012
Alec Bernstein
LRS Realty & Management, Inc,
(818) 884-5155
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NS22119750
APN: 015-080-04-00-4
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