NOT LISTED FOR SALE

1024 Wilson Ave Bakersfield, CA 93308

Estimated Value: $293,909 - $377,000

4 Beds
2 Baths
2,004 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $270,000 $135 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,272/month

About This Home

As of June 2023

Great investment property! This is a 4 unit property with an opportunity to have a good return. Long-term tenants in place. Two 1-bed 1-bath and 2 studios.

Last Agent to Sell the Property

Tara Alvarez

Miramar International-Riverwal License #01274779 Listed on: 11/04/2022

Co-Listed By

Ana Rosales

Unknown Broker License #02177836

Last Buyer's Agent

Joshua Gregorio

Miramar International Calloway License #01944331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,826

Year Built

  • Built in 1948

Lot Details

  • 6,237 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,004 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 11111409

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $22,500
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,826

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1948
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 10642
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2004.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 6237.00
  • Parcel #: 11111409

Multi Family

  • Total Annual Expense: 1500.00
  • Vacancy Factor: 25.00
  • Number Of Units Total: 4
  • Annual Gross Income: 22500.00
  • Property Net Operating Income: 21000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
May 3, 2023
Sold by
Ccvhrp I Llc
Bought by
Romero Bernardo and Romero Eutiquia
Seller's Agent
Tara Alvarez
Miramar International-Riverwal
Buyer's Agent
Joshua Gregorio
Miramar International Calloway
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%
Views
187
Current Estimated Value
$319,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,977
Avg. Annual Appreciation
7.53%
Original Mortgage
$135,000
Outstanding Balance
$131,246
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$188,731
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
Romero Bernardo $270,000 Innovative Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Bernardo $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/05/2023 06/05/23 Sold $270,000 -3.2% $135 / Sq Ft
11/04/2022 11/04/22 For Sale $279,000 +69.1% $139 / Sq Ft
02/13/2017 02/13/17 Sold $165,000 -8.3% $82 / Sq Ft View Prior Sale
01/24/2017 01/24/17 For Sale $180,000 -- $90 / 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 $6,826 $280,908 $52,020 $228,888
2024 $6,826 $275,400 $51,000 $224,400
2023 $5,591 $184,057 $39,041 $145,016
2022 $5,181 $180,449 $38,276 $142,173
2021 $4,833 $176,912 $37,526 $139,386
2020 $4,593 $175,099 $37,142 $137,957
2019 $4,546 $175,099 $37,142 $137,957
2018 $4,382 $168,300 $35,700 $132,600
2017 $3,243 $80,074 $16,680 $63,394
2016 $3,141 $78,504 $16,353 $62,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202212030

Bakersfield Association of REALTORS® / GEMLS

APN: 111-114-09-00-6