Bart Tipton
Bart Tipton, Broker
(661) 384-7043
296 Total Sales
1 in East Bakersfield
$215,000 Price
110 Kentucky St Bakersfield, CA 93305
East Bakersfield Neighborhood
--
Bed
--
Bath
--
Sq Ft
0.52
Acre Lot
About This Home
As of March 2016All units rented and ready to start collecting rent from day 1. This 12 unit apartment complex features 1 bedroom, 1 bathroom units w/separate dining and kitchen areas. Large courtyard that is gated with wrought iron gate, plenty of parking and laundry room that produces income every month, large 4 room storage area. The property has been owner managed for 25 years and features updated plumbing and electrical updates. This is a great investment opportunity for any savvy investor looking to add to their portfolio. Cap rate of 9.79%. Please see attached financial statement.
Last Agent to Sell the Property
LPT Realty, Inc. License #01825023 Listed on: 10/20/2015
Last Buyer's Agent
Non-Member Non-Member
Non-Member Office
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 0.52
Parking
- 12 Car Parking Spaces
- Uncovered Parking
Additional Features
- 1-Story Property
- 22,565 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 01422010
Community Details
Overview
- 12 Units
Building Details
- Gross Income $81,600
- Net Operating Income $60,342
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 12, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,800
Interest Rate
3.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 5, 2015
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Bakersfield, CA
-
Bart Tipton
-
William Gordon
William Gordon
Watson Realty
(805) 918-8011
424 Total Sales
15 in East Bakersfield
$250K - $423K Price Range
-
Ryan Stevens
Ryan Stevens
Pacific Shore Real Estate, Inc
(661) 404-7474
90 Total Sales
1 in East Bakersfield
$430,000 Price
-
Vania Rincon
Vania Rincon
EstateX inc.
(855) 926-9843
46 Total Sales
1 in East Bakersfield
$345,000 Price
-
Daysi Vergara
Daysi Vergara
Infinity Real Estate Services
(661) 486-4283
54 Total Sales
5 in East Bakersfield
$145K - $391K Price Range
-
Bobby Chalhoub
Bobby Chalhoub
Broker X
(661) 490-9451
79 Total Sales
3 in East Bakersfield
$260,900 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $525,000 | Placer Title Company | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $10,000 | ||
| Previous Owner | $826,800 | ||
| Previous Owner | $92,000 | ||
| Previous Owner | $150,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2016 03/24/16 | Sold | $525,000 | -4.5% | -- |
| 02/23/2016 02/23/16 | Pending | -- | -- | -- |
| 10/20/2015 10/20/15 | For Sale | $550,000 | -- | -- |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $11,240 | $633,914 | $184,739 | $449,175 |
| 2025 | $11,049 | $621,485 | $181,117 | $440,368 |
| 2024 | $11,049 | $609,300 | $177,566 | $431,734 |
| 2023 | $10,765 | $597,354 | $174,085 | $423,269 |
| 2022 | $10,471 | $585,642 | $170,672 | $414,970 |
| 2021 | $9,823 | $574,160 | $167,326 | $406,834 |
| 2020 | $9,598 | $568,274 | $165,611 | $402,663 |
| 2019 | $9,459 | $568,274 | $165,611 | $402,663 |
| 2018 | $9,289 | $546,209 | $159,181 | $387,028 |
| 2017 | $9,268 | $535,500 | $156,060 | $379,440 |
| 2016 | $4,852 | $189,583 | $69,925 | $119,658 |
| 2015 | $4,805 | $186,736 | $68,875 | $117,861 |
| 2014 | $4,689 | $183,079 | $67,526 | $115,553 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Rodriguez
Seller's Agent in 2016
Jason Rodriguez
LPT Realty, Inc.
(661) 220-9773
6 in this area
212 Total Sales
-
N
Buyer's Agent in 2016
Non-Member Non-Member
Non-Member Office
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 21512644
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
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