NOT LISTED FOR SALE

1104 Potomac Ave Bakersfield, CA 93307

Lakeview Neighborhood

Estimated Value: $260,000 - $282,000

4 Beds
2 Baths
1,548 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $120,000 $78 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,578/month

23 Days on Market

About This Home

As of July 2018

Investors Welcome! This Duplex will be great to add to your portfolio. Definitely needs work, but have priced it accordingly. Both units are 2 bedroom 1 bath.

Last Agent to Sell the Property

Nik Boone

Ascend Real Estate and Propert License #01892266 Listed on: 06/13/2018

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,468 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property

Schools

  • Owens Elementary School
  • Compton Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 01807322

Community Details

Overview

  • 2 Units
  • 1333 Bakersfield Subdivision

Building Details

  • Gross Income $18,000
  • Net Operating Income $14,614

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1986
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1548.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6468.00
  • Parcel #: 01807322

Multi Family

  • Total Annual Expense: 3386.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.00
  • Property Net Operating Income: 14614.00

MLS Schools

  • Elementary School: Owens, B. E.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Jul 3, 2018
Sold by
Emerald Equities Llc
Bought by
Dha Opportunity 1 Lp
Seller's Agent
Nik Boone
Ascend Real Estate and Propert
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$129,990
Sold Price
$120,000
Premium/Discount to List
-$9,990
-7.69%
Current Estimated Value
$271,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,333
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Oct 2, 2017
Sold by
Cardinal Equities Llc
Bought by
Emerald Equities Llc

Purchase Details

Closed on
Sep 6, 2017
Sold by
The United States Of America
Bought by
Cardinal Equities Llc

Purchase Details

Closed on
Jan 21, 2016
Sold by
Jara Lisa S
Bought by
Jara Eliseo

Purchase Details

Closed on
Nov 20, 2014
Sold by
Owkins Llc
Bought by
Jvs Shimai Llc

Purchase Details

Closed on
Sep 10, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Owkins Llc

Purchase Details

Closed on
Jun 18, 2009
Sold by
Juarez Ivan
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 17, 2004
Sold by
Crompton Willie and Crompton Violene
Bought by
Juarez Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dha Opportunity 1 Lp $120,000 Lawyers Title
Emerald Equities Llc -- Lawyers Title
Cardinal Equities Llc $108,000 Lawyers Title Company
Cardinal Equities Llc $84,000 Lawyers Title Company
Jara Eliseo -- None Available
Jara Lisa S -- None Available
Jvs Shimai Llc -- None Available
Owkins Llc $44,000 Lsi Title Company Ca
Hsbc Bank Usa National Association $55,250 Accommodation
Juarez Ivan $195,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Juarez Ivan $156,000
Closed Juarez Ivan $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $120,000 -7.7% $78 / Sq Ft
06/13/2018 06/13/18 For Sale $129,990 -- $84 / 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 $1,906 $133,859 $33,464 $100,395
2024 $1,861 $131,235 $32,808 $98,427
2023 $1,861 $128,663 $32,165 $96,498
2022 $1,819 $126,141 $31,535 $94,606
2021 $1,693 $123,668 $30,917 $92,751
2020 $1,646 $122,400 $30,600 $91,800
2019 $1,768 $122,400 $30,600 $91,800
2018 $1,296 $108,000 $30,000 $78,000
2017 $0 $103,555 $25,381 $78,174
2016 $2,002 $103,555 $25,381 $78,174
2015 $1,983 $102,000 $25,000 $77,000
2014 $1,321 $46,329 $15,793 $30,536
Source: Public Records

Agents Affiliated with this Home

  • Nik Boone

    Seller's Agent in 2018

    Nik Boone

    Ascend Real Estate and Propert

    (661) 679-3854

    2 in this area

    107 Total Sales

    Nik Boone
    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21807268

Bakersfield Association of REALTORS® / GEMLS

APN: 018-073-22-00-5

California Kern County Bakersfield 93307 Lakeview

1104 Potomac Ave, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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