NOT LISTED FOR SALE

1109 Monterey St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $441,564 - $540,000

2 Beds
1 Bath
3,088 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $210,000 $68 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,050/month

50 Days on Market

About This Home

As of October 2015

Wow, what a great new fourplex listing: All 4 units are 2 bed/1 bath, fully occupied!! Rent scheduled is $575/unit and area rent studies show full market rents to be $650, so plenty of upside potential for new owner. Pride of ownership here on this building--see the pictures! In the last 2 years, most units had carpet and tile installed. Unit D has granite counter tops. 2 A/C units are new in the last few years. Wrought iron fencing, nice lawns and palm trees, security doors on all units. Professionally managed.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 07/13/2015

Keller Williams Realty

Last Buyer's Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 07/13/2015

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,338

Year Built

  • Built in 1969

Lot Details

  • 7,527 Sq Ft Lot

Interior Spaces

  • 3,088 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 4 Car Parking Spaces

Schools

  • Williams Bak Elementary School
  • Stiern Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 01534003

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $27,600
  • Net Operating Income $17,424

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,338

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1969
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3088.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: East
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 7527.00
  • Parcel #: 01534003

Multi Family

  • Total Annual Expense: 10176.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 27600.00
  • Property Net Operating Income: 17424.00

MLS Schools

  • Elementary School: Williams_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2015
Closed on
Aug 19, 2015
Sold by
Rbb2 Llc
Bought by
Abramovitz Kalman and Abramovitz Maria
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Current Estimated Value
$478,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,138
Avg. Annual Appreciation
8.66%
Original Mortgage
$147,000
Outstanding Balance
$115,697
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$361,323

Purchase Details

Closed on
Jan 28, 2013
Sold by
Baldivia Victor and Valdivia Victor
Bought by
Rbb2 Llc

Purchase Details

Closed on
Jan 15, 2010
Sold by
Navarro Jose and Navarro Elena
Bought by
Valdivia Victor

Purchase Details

Closed on
Feb 27, 2001
Sold by
Bryant William C and Bryant Sandra
Bought by
Navarro Jose and Navarro Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.06%

Purchase Details

Closed on
Jun 29, 1999
Sold by
Bryant Audrey E
Bought by
Bryant William C and Bryant Sandra
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
Abramovitz Kalman $210,000 Chicago Title Company
Rbb2 Llc $140,000 Placer Title
Baldivia Victor -- Placer Title
Valdivia Victor -- None Available
Navarro Jose $98,000 Stewart Title
Bryant William C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abramovitz Kalman $147,000
Previous Owner Navarro Jose $333,750
Previous Owner Navarro Jose $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $210,000 -4.5% $68 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
07/13/2015 07/13/15 For Sale $220,000 -- $71 / 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 $5,338 $248,591 $41,429 $207,162
2024 $5,338 $243,717 $40,617 $203,100
2023 $5,203 $238,939 $39,821 $199,118
2022 $5,035 $234,255 $39,041 $195,214
2021 $4,661 $229,663 $38,276 $191,387
2020 $4,527 $227,309 $37,884 $189,425
2019 $4,441 $227,309 $37,884 $189,425
2018 $4,349 $218,484 $36,414 $182,070
2017 $4,315 $214,200 $35,700 $178,500
2016 $4,035 $210,000 $35,000 $175,000
2015 $3,277 $143,443 $35,860 $107,583
2014 $3,176 $140,634 $35,158 $105,476
Source: Public Records

Agents Affiliated with this Home

  • Philip Jordan

    Seller's Agent in 2015

    Philip Jordan

    Keller Williams Realty

    (661) 553-5767

    24 in this area

    135 Total Sales

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21508327

Bakersfield Association of REALTORS® / GEMLS

APN: 015-340-03-00-6

California Kern County Bakersfield 93305 East Bakersfield

1109 Monterey St, Bakersfield, CA

This home is located at 1109 Monterey St, Bakersfield, CA 93305 since 13 July 2015 and is currently estimated at $473,641, approximately $153 per square foot. This property was built in 1969. 1109 Monterey St is a home located in Kern County with nearby schools including Williams Elementary School, Walter Stiern Middle School, and East Bakersfield High School.

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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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