NOT LISTED FOR SALE

Estimated Value: $374,000 - $559,000

2 Beds
1 Bath
3,207 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $367,000 $114 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,078/month

76 Days on Market

About This Home

As of December 2018

Great location in Delano. 4 Units, All Rehabbed. Newer paint inside and out. Newer tile flooring in all units. Newer Kitchens & baths all units. Windows replaced all units. HVAC replaced in 3 units. All Units are 2 bedroom 1 bath. End units are larger. Rents are projected - Units were rented for $750/mo before they were rehabbed. Four Car Carport, separate laundry room with washer/dryer. Rents and income are projected. Ready for occupancy.

Last Agent to Sell the Property

Greg Holland

Coldwell Banker Preferred,RLT License #751551 Listed on: 09/04/2018

Coldwell Banker Preferred,RLT

Last Buyer's Agent

Evita Avalos

Avalar Real Estate Alliance License #01495407

Avalar Real Estate Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,195

Year Built

  • Built in 1966

Lot Details

  • 7,497 Sq Ft Lot

Interior Spaces

  • 3,207 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 4 Car Parking Spaces

Schools

  • Princeton St Elementary School
  • Cecil Avenue Middle School
  • Delano High School

Listing and Financial Details

  • Assessor Parcel Number 42311006

Community Details

Overview

  • 4 Units
  • Watts Add Subdivision

Building Details

  • Gross Income $30,960
  • Net Operating Income $20,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,195

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1966
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3207.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Delano
  • Middle Or Junior School: Cecil Avenue

Lot Info

  • Lot Size Sq Ft: 7497.00
  • Parcel #: 42311006

Multi Family

  • Total Annual Expense: 10900.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 30960.00
  • Property Net Operating Income: 20060.00

MLS Schools

  • Elementary School: Princeton St

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 9, 2018
Sold by
Fortini Ryan L and Fortini Marisa L
Bought by
Hernandez Everardo
Seller's Agent
Greg Holland
Coldwell Banker Preferred,RLT
Buyer's Agent
Evita Avalos
Avalar Real Estate Alliance
List Price
$395,000
Sold Price
$367,000
Premium/Discount to List
-$28,000
-7.09%
Current Estimated Value
$498,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,558
Avg. Annual Appreciation
5.24%
Original Mortgage
$275,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2017
Sold by
Fortini Ryan L and Fortini Marisa L
Bought by
Fortini Ryan L and Fortini Marisa L

Purchase Details

Listed on
Dec 15, 2016
Closed on
Jan 3, 2017
Sold by
U S Bank Trust Na
Bought by
Fortini Ryan
Seller's Agent
Greg Holland
Coldwell Banker Preferred,RLT
Buyer's Agent
Greg Holland
Coldwell Banker Preferred,RLT
List Price
$296,900
Sold Price
$290,000
Premium/Discount to List
-$6,900
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Aug 15, 2016
Sold by
Mamauag Monchito C and Mamauag Joycelyn J
Bought by
Us Bank Trust Na and Caliber Home Loans Inc

Purchase Details

Closed on
Mar 27, 2008
Sold by
Mamauag Monchito C and Mamauag Joycelyn J
Bought by
Mamauag Monchito and Mamauag Joycelyn

Purchase Details

Closed on
Jun 18, 2001
Sold by
Hammonds Leonard H and Hammonds Katherine M
Bought by
Mamauag Monchito C and Mamauag Joycelyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.09%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Hammonds Leonard H and Hammonds Katherine M
Bought by
Hammonds Leonard H and Hammonds Katherine M
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
Hernandez Everardo $367,000 Chicago Title Bakersfield
Fortini Ryan L -- None Available
Fortini Ryan L -- None Available
Fortini Ryan $290,000 First American
Fortini Ryan -- First American
Us Bank Trust Na $297,000 Accommodation
Mamauag Monchito -- None Available
Mamauag Monchito C $142,000 Commonwealth Land Title Co
Hammonds Leonard H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Everardo $357,000
Closed Hernandez Everardo $275,250
Previous Owner Mamauag Monchito C $259,205
Previous Owner Mamauag Monchito C $140,000
Previous Owner Mamauag Monchito C $100,000
Closed Mamauag Monchito C $20,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2018 12/19/18 Sold $367,000 -7.1% $114 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $395,000 +36.2% $123 / Sq Ft
01/25/2017 01/25/17 Sold $290,000 -2.3% $90 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
12/15/2016 12/15/16 For Sale $296,900 -- $93 / 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 $5,195 $409,390 $78,084 $331,306
2024 $5,195 $401,363 $76,553 $324,810
2023 $5,042 $393,494 $75,052 $318,442
2022 $4,947 $385,780 $73,581 $312,199
2021 $4,684 $378,217 $72,139 $306,078
2020 $4,650 $374,340 $71,400 $302,940
2019 $4,571 $374,340 $71,400 $302,940
2018 $3,769 $295,800 $51,000 $244,800
2017 $3,818 $292,000 $60,000 $232,000
2016 $2,452 $177,192 $37,431 $139,761
2015 $2,528 $174,531 $36,869 $137,662
2014 $2,241 $160,000 $30,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21810854

Bakersfield Association of REALTORS® / GEMLS

APN: 423-110-06-00-3