NOT LISTED FOR SALE

Estimated Value: $165,000 - $264,000

2 Beds
2 Baths
1,065 Sq Ft
$200/Sq Ft Est. Value

Last Sold January 04, 2016

Last sale price $73,000 $69 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,329/month

28 Days on Market

About This Home

As of January 2016

This is agreat property to add to your investment portfolio! 2 homes in one lot. Both units with stable tenants. The property also comes with the lot adjacent to it. Priced for a quick sale.

Last Agent to Sell the Property

Omid Daragahi

BPM Real Estate License #01841431 Listed on: 12/07/2015

Last Buyer's Agent

Omid Daragahi

BPM Real Estate License #01841431 Listed on: 12/07/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1928

Lot Details

  • 3,787 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property

Schools

  • Longfellow Elementary School
  • Washington Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 01418009

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $12,000
  • Net Operating Income $10,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,001

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1928
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1065.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: East
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size Sq Ft: 3787.00
  • Parcel #: 01418009

Multi Family

  • Total Annual Expense: 1500.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Annual Gross Income: 12000.00
  • Property Net Operating Income: 10500.00

MLS Schools

  • Elementary School: Longfellow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2015
Closed on
Dec 17, 2015
Sold by
Drago Amanda
Bought by
Davies Ampelia Bugarin
Seller's Agent
Omid Daragahi
BPM Real Estate
Buyer's Agent
Omid Daragahi
BPM Real Estate
List Price
$73,000
Sold Price
$73,000
Current Estimated Value
$213,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,246
Avg. Annual Appreciation
11.29%

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jul 18, 2013
Sold by
Roberts Adam and 1100 Alta Vista Dr Trust
Bought by
Drago Amanda
Seller's Agent
Adam Teagarden
Miramar International-Riverwal
Buyer's Agent
Adam Teagarden
Miramar International-Riverwal
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$60,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jun 19, 2013
Sold by
Kacy Properties Inc
Bought by
Roberts Adam and 1100 Alta Vista Dr Trust
Seller's Agent
Adam Teagarden
Miramar International-Riverwal
Buyer's Agent
Adam Teagarden
Miramar International-Riverwal
List Price
$70,000
Sold Price
$60,000
Premium/Discount to List
-$10,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 2008
Sold by
Chan Anthony
Bought by
Kacy Properties Inc

Purchase Details

Closed on
Jan 27, 2003
Sold by
Lauria Laura
Bought by
Chan Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.83%

Purchase Details

Closed on
Aug 28, 2002
Sold by
Lauria Ronald
Bought by
Lauria Laura

Purchase Details

Closed on
May 9, 2001
Sold by
The Polland Family Trust
Bought by
Lauria Ronald and Lauria Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 2001
Sold by
Castro Manuel J and Renfro Margaret M
Bought by
Polland Howard D and Polland Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.14%
Mortgage Type
Seller Take Back
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
Davies Ampelia Bugarin $73,000 Stewart Title Of Ca Inc
Drago Amanda $85,000 Placer Title
Roberts Adam $50,000 Placer Title
Kacy Properties Inc -- Multiple
Chan Anthony $55,000 Chicago Title
Lauria Laura -- --
Lauria Ronald $50,000 Fidelity National Title Co
Polland Howard D $32,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drago Amanda E $138,000
Previous Owner Roberts Adam $60,000
Previous Owner Chan Anthony $50,000
Previous Owner Lauria Ronald $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2016 01/04/16 Sold $73,000 0.0% $69 / Sq Ft
12/07/2015 12/07/15 For Sale $73,000 +21.7% $69 / Sq Ft
06/27/2013 06/27/13 Sold $60,000 -14.3% $56 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $70,000 -- $66 / 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 $2,001 $66,286 $17,755 $48,531
2024 $1,945 $64,987 $17,407 $47,580
2023 $1,945 $63,714 $17,066 $46,648
2022 $1,870 $62,466 $16,732 $45,734
2021 $1,690 $61,242 $16,404 $44,838
2020 $1,624 $60,615 $16,236 $44,379
2019 $1,594 $60,615 $16,236 $44,379
2018 $1,564 $58,262 $15,606 $42,656
2017 $1,549 $57,120 $15,300 $41,820
2016 $1,471 $56,000 $15,000 $41,000
2015 $1,717 $78,537 $9,179 $69,358
2014 $1,664 $77,000 $9,000 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21514236

Bakersfield Association of REALTORS® / GEMLS

APN: 014-180-09-00-1