NOT LISTED FOR SALE

Estimated Value: $557,000 - $660,000

3 Beds
3 Baths
3,862 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $353,500 $92 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,892/month

18 Days on Market

About This Home

As of September 2018

A MUST SEE! this fourplex apartment shows great pride of ownership. All units have 3-bedrooms (a rare feature!), plus one full master bathroom. Additionally, first and second floors each contain one partial bathroom. The building also includes attached 2-car garages for tenants, with direct access from inside the apartment. Tenants will love the private, 2nd-floor patios overlooking the downtown convention center, Maya Cinema, McMurtrey Aquatic Center and the Bakersfield Ice Center.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 09/03/2018

Last Buyer's Agent

Daniel Mena

Golden Valley RealEstate Group License #01422062

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,026

Year Built

  • Built in 2005

Lot Details

  • 8,260 Sq Ft Lot

Interior Spaces

  • 3,862 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00904109

Community Details

Overview

  • 4 Units
  • Lowell Add Subdivision

Building Details

  • Gross Income $37,200
  • Net Operating Income $18,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,026

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2005
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3862.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 8260.00
  • Parcel #: 00904109

Multi Family

  • Total Annual Expense: 17000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 37200.00
  • Property Net Operating Income: 18340.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Rivera Trinidad F and Revoc Irene
Bought by
Rivera Ventures Llc
Current Estimated Value
$606,752

Purchase Details

Listed on
Sep 3, 2018
Closed on
Sep 17, 2018
Sold by
Butler Gregory G and The Gregory G Butler 2002 Livi
Bought by
Rivera Trinidad F
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Daniel Mena
Golden Valley RealEstate Group
List Price
$333,500
Sold Price
$353,500
Premium/Discount to List
$20,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
Dec 11, 2007
Sold by
Butler John B
Bought by
Butler Gregory G and The Gregory G Butler 2002 Livi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 2006
Sold by
Infinity Development & Properties Llc
Bought by
The Butler Family Partnership

Purchase Details

Closed on
Apr 29, 2004
Sold by
Abraham David
Bought by
Infinity Development Properties Llc

Purchase Details

Closed on
May 7, 2003
Sold by
Abraham David
Bought by
Lion Investment Group Inc

Purchase Details

Closed on
Feb 20, 2003
Sold by
William W & Willie M Mckinney Estate
Bought by
Abraham David
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
Rivera Ventures Llc -- --
Rivera Trinidad F $353,500 Placer Title Co
Butler Gregory G -- None Available
Butler John B $400,000 None Available
The Butler Family Partnership -- None Available
Infinity Development Properties Llc $75,000 Fidelity Title
Abraham David -- Fidelity Title
Lion Investment Group Inc $37,500 --
Abraham David $18,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler Gregory G $400,000
Previous Owner Infinity Development & Properties Llc $690,072
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $353,500 +6.0% $92 / Sq Ft
09/03/2018 09/03/18 For Sale $333,500 -- $86 / 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 $7,026 $394,889 $55,774 $339,115
2024 $7,026 $387,147 $54,681 $332,466
2023 $6,862 $379,557 $53,609 $325,948
2022 $6,671 $372,115 $52,558 $319,557
2021 $6,280 $364,820 $51,528 $313,292
2020 $6,280 $361,080 $51,000 $310,080
2019 $6,024 $361,080 $51,000 $310,080
2018 $5,207 $290,000 $58,000 $232,000
2017 $5,240 $290,000 $58,000 $232,000
2016 $4,370 $240,000 $48,000 $192,000
2015 $4,712 $270,000 $41,000 $229,000
2014 $3,940 $209,000 $40,000 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21810675

Bakersfield Association of REALTORS® / GEMLS

APN: 009-041-09-00-9