$565,000
SOLD APR 29, 2025
-- Bed
-- Bath
2,998 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

3% Below List Price

154 Days on Market

About This Home

As of April 2025

Clean triplex in SW Bakersfield. 100% Occupied. Each apartment has a 2 Bedrooms, private patio, washer & dryer hookups, and 2-Car Garage. Front unit has 2 bathrooms, fireplace, and has been completely remodeled - BRAND NEW! Back units have long term tenants and rents have considerable room for improvement. Professionally Managed!

Last Agent to Sell the Property

Daniel Holt

Portfolio Properties License #01732002 Listed on: 11/22/2024

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 1976

Parking

  • 3 Car Garage

Interior Spaces

  • 2,998 Sq Ft Home
  • 2-Story Property

Schools

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

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 16428010

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $51,420
  • Net Operating Income $33,423

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,155

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1976
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.2000
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2998.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Number Of Garages: 3
  • Parking Features: Garage, Other

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R-3
  • Lot Size Sq Ft: 8712.00
  • Parcel #: 16428010

Multi Family

  • Total Annual Expense: 17997.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 51420.00
  • Property Net Operating Income: 33423.00

MLS Schools

  • Elementary School: Munsey, Millie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Apr 23, 2025
Sold by
Albert Engstrom Separate Property Trust and Engstrom Albert
Bought by
Cunningham Family Trust and Davis
Seller's Agent
Daniel Holt
Portfolio Properties
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$585,000
Sold Price
$565,000
Premium/Discount to List
-$20,000
-3.42%
Total Days on Market
154
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.74%

Purchase Details

Closed on
Oct 3, 2017
Sold by
Engstorm Albert S
Bought by
Prope Engstrom Albert and Albert Engstrom Separate Property Trust

Purchase Details

Closed on
Dec 5, 2003
Sold by
Engstrom Jeanette T
Bought by
Engstrom Albert S

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
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 19, 1998
Sold by
Engstrom Albert S and Fenton Roger
Bought by
Engstrom Albert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
8.37%

Purchase Details

Closed on
Feb 23, 1998
Sold by
Runyan Thomas M and Levy Kate M
Bought by
Engstrom Albert S and Fenton Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
8.37%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $565,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer $84,000 --
Grant Deed $125,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $151,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $112,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $565,000 +0.9% $188 / Sq Ft
02/06/2025 02/06/25 Price Changed $560,000 -4.3% $187 / Sq Ft
11/22/2024 11/22/24 For Sale $585,000 -- $195 / 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
2024 $4,155 $195,653 $62,601 $133,052
2023 $4,052 $191,818 $61,374 $130,444
2022 $3,924 $188,058 $60,171 $127,887
2021 $3,642 $184,372 $58,992 $125,380
2020 $3,541 $182,483 $58,388 $124,095
2019 $3,473 $182,483 $58,388 $124,095
2018 $3,401 $175,399 $56,122 $119,277
2017 $3,375 $171,961 $55,022 $116,939
2016 $3,151 $168,591 $53,944 $114,647
2015 $3,121 $166,059 $53,134 $112,925
2014 $3,024 $162,807 $52,094 $110,713
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202412026

Bakersfield Association of REALTORS® / GEMLS

APN: 164-280-10-00-6