NOT LISTED FOR SALE

Estimated Value: $248,000 - $323,000

1 Bed
1 Bath
1,080 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $250,000 $231 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,049/month

155 Days on Market

About This Home

As of July 2022

We are pleased to have been chosen to exclusively represent for sale this opportunity to purchase a one-of-a kind duplex. The offering consists of two (2), one (1) bedroom, one (1) bathroom units that are rented at $2,145 a month and has a gross rentable square footage of 1,080 sq.ft. and also has a two (2) vehicle garage and access to a laundry room with permission from adjacent property owner.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 01/18/2022

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,717

Year Built

  • Built in 1953

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property

Schools

  • Roosevelt Bak Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 01029010

Community Details

Overview

  • 2 Units
  • Osgood Subdivision

Building Details

  • Gross Income $25,740
  • Net Operating Income $16,731

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,717

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1953
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1080.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Garage
  • Garages: 1

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Parcel #: 01029010

Multi Family

  • Total Annual Expense: 8236.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Annual Gross Income: 25740.00
  • Property Net Operating Income: 16731.00

MLS Schools

  • Elementary School: Roosevelt_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2022
Sold by
Olivas Arturo D
Bought by
1612 1St Street And 107 Eye Street Bakersfiel
Current Estimated Value
$302,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2022
Closed on
Jul 22, 2022
Sold by
7728 Norton Llc
Bought by
Olivas Arturo D
Seller's Agent
Esteban Contreras
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$942,500
Interest Rate
5.23%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 18, 2022
Closed on
Jul 19, 2022
Sold by
Lemus Olivas Arleen
Bought by
Olivas Arturo D
Seller's Agent
Esteban Contreras
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,500
Interest Rate
5.23%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 22, 2020
Sold by
Church Norman K
Bought by
7728 Norton Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,200
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2003
Sold by
Church Norman K
Bought by
Church Norman K and The Church Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1612 1St Street And 107 Eye Street Bakersfiel -- Title Connect
Olivas Arturo D $1,450,000 First American Title
Olivas Arturo D -- First American Title
7728 Norton Ave Llc $865,000 Chicago Title Company
Church Norman K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olivas Arturo D $968,000
Previous Owner Olivas Arturo D $942,500
Previous Owner 7728 Norton Ave Llc $588,200
Previous Owner Church Norman K $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $250,000 -5.7% $231 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $265,000 -- $245 / 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 $4,717 $301,716 $93,636 $208,080
2024 $4,717 $295,800 $91,800 $204,000
2023 $4,614 $290,000 $90,000 $200,000
2022 $3,017 $159,120 $21,420 $137,700
2021 $2,825 $156,000 $21,000 $135,000
2020 $1,611 $59,547 $20,836 $38,711
2019 $1,581 $59,547 $20,836 $38,711
2018 $1,552 $57,236 $20,028 $37,208
2017 $1,536 $56,115 $19,636 $36,479
2016 $1,460 $55,015 $19,251 $35,764
2015 $1,441 $54,189 $18,962 $35,227
2014 $1,273 $42,000 $20,000 $22,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202200580

Bakersfield Association of REALTORS® / GEMLS

APN: 010-290-10-00-7