NOT LISTED FOR SALE

Estimated Value: $357,917 - $375,000

6 Beds
3 Baths
2,106 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $255,000 $121 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,482/month

112 Days on Market

About This Home

As of April 2021

Great opportunity to own 3 units. Each unit is 2 bedrooms one bath. Each unit has its own separate gas and electric meter. Each unit features central AC/Heat. Property features spacious front and rear yard.

Last Agent to Sell the Property

Francisco Martinez

LPT Realty, Inc. License #01985531 Listed on: 11/18/2020

Last Buyer's Agent

Gladys Cazares

Avalar Real Estate Alliance License #01448627

Avalar Real Estate Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,850

Year Built

  • Built in 1965

Lot Details

  • 7,541 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,106 Sq Ft Home
  • 1-Story Property

Schools

  • Jefferson Bak Elementary School
  • Stiern Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 12707013

Community Details

Overview

  • 3 Units
  • Drurys Northern Add/ Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,850

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2106.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Highland
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 7541.00
  • Parcel #: 12707013

Multi Family

  • Total Annual Expense: 1200.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 3
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 27600.00

MLS Schools

  • Elementary School: Jefferson_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 12, 2021
Sold by
Garay Brenda Yaneli
Bought by
Esquivel Abel F Garay
Seller's Agent
Francisco Martinez
LPT Realty, Inc.
Buyer's Agent
Gladys Cazares
Avalar Real Estate Alliance
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Current Estimated Value
$364,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,284
Avg. Annual Appreciation
9.01%
Original Mortgage
$250,381
Outstanding Balance
$226,194
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$144,935

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 11, 2021
Sold by
Rizzo Donald J and Rizzo Teresa M
Bought by
Esquivel Abel F Garay
Seller's Agent
Francisco Martinez
LPT Realty, Inc.
Buyer's Agent
Gladys Cazares
Avalar Real Estate Alliance
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Outstanding Balance
$226,194
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$144,935

Purchase Details

Closed on
Nov 19, 2012
Sold by
Rizzo Donald J
Bought by
Rizzo Donald J and Rizzo Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2012
Sold by
Rizzo Don and Rizzo Teresa
Bought by
Rizzo Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,200
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
Federal National Mortgage Association
Bought by
Rizzo Don and Rizzo Teresa

Purchase Details

Closed on
Aug 23, 2010
Sold by
Rivas Eduardo and Rivas Manuela
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 12, 2002
Sold by
Knoll Walter H and Knoll Barbara J
Bought by
Rivas Eduardo and Rivas Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Esquivel Abel F Garay -- Placer Title Company
Esquivel Abel F Garay $255,000 Placer Title Company
Rizzo Donald J -- None Available
Rizzo Donald J -- Chicago Title Company
Rizzo Don $68,000 Stewart Title Of California
Federal National Mortgage Association $248,481 Landsafe Title
Rivas Eduardo $120,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Esquivel Abel F Garay $250,381
Previous Owner Rizzo Donald J $74,200
Previous Owner Rizzo Don $100,000
Previous Owner Rivas Eduardo $205,000
Previous Owner Rivas Eduardo $149,000
Previous Owner Rivas Eduardo $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $255,000 +2.0% $121 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $250,000 -- $119 / 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 $5,850 $276,018 $54,121 $221,897
2024 $5,668 $270,607 $53,060 $217,547
2023 $5,668 $265,302 $52,020 $213,282
2022 $5,335 $260,100 $51,000 $209,100
2021 $2,962 $80,476 $23,668 $56,808
2020 $2,851 $79,652 $23,426 $56,226
2019 $2,734 $79,652 $23,426 $56,226
2018 $2,658 $76,561 $22,517 $54,044
2017 $2,613 $75,061 $22,076 $52,985
2016 $2,216 $73,591 $21,644 $51,947
2015 $2,215 $72,486 $21,319 $51,167
2014 $2,166 $71,067 $20,902 $50,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202012283

Bakersfield Association of REALTORS® / GEMLS

APN: 127-070-13-00-3