NOT LISTED FOR SALE

Estimated Value: $428,000 - $536,000

2 Beds
1 Bath
2,756 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $285,000 $103 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,006/month

8 Days on Market

About This Home

As of July 2020

Near Downtown Bakersfield Fourplex. Recently Painted exterior. Well maintained and professionally managed apartment building in a tight rental market. The 2bed/1bath units have ample off-street parking as well. Great opportunity to build your investment portfolio. Rents are currently at $600 with tenants that have occupied 2-5 years. The buyer will easily be able to begin moving rents up to market $725+, immediately after closing.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 06/22/2020

Keller Williams Realty

Last Buyer's Agent

Juan Bustamante

Central Valley Property Adviso License #01880908

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,029

Year Built

  • Built in 1987

Lot Details

  • 5,053 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,756 Sq Ft Home
  • 2-Story Property

Schools

  • Roosevelt Bak Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00902206

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $15,874

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,029

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1987
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2756.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 5053.00
  • Parcel #: 00902206

Multi Family

  • Total Annual Expense: 12350.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 15874.00

MLS Schools

  • Elementary School: Roosevelt_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Jul 9, 2020
Sold by
Aguilar Ruben
Bought by
Alcala Herlinda
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Juan Bustamante
Central Valley Property Adviso
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$459,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,605
Avg. Annual Appreciation
10.19%
Original Mortgage
$279,837
Outstanding Balance
$249,244
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$215,908

Purchase Details

Listed on
Dec 9, 2014
Closed on
May 27, 2015
Sold by
George Oscar
Bought by
Aguilar Ruben
Seller's Agent
Olivia Torres
Coldwell Banker Preferred,RLT
Buyer's Agent
Roger Magana
Golden Valley RealEstate Group
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$183,750
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2014
Closed on
May 1, 2015
Sold by
Aguilar Maria D
Bought by
Aguilar Ruben
Seller's Agent
Olivia Torres
Coldwell Banker Preferred,RLT
Buyer's Agent
Roger Magana
Golden Valley RealEstate Group
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2011
Sold by
Arroyo Real Estate Group Llc
Bought by
George Oscar

Purchase Details

Closed on
Jun 22, 2011
Sold by
Federal National Mortgage Association
Bought by
Arroyo Real Estate Group Llc

Purchase Details

Closed on
Apr 13, 2011
Sold by
Viloria Monina L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 29, 2005
Sold by
Meglaughlin Brent D
Bought by
Viloria Monina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,150
Interest Rate
7.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2005
Sold by
Viloria Quezon C
Bought by
Viloria Monina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,150
Interest Rate
7.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 9, 2003
Sold by
Nuqui Antonino and Nuqui Loida Santos
Bought by
Meglaughlin Brent D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2002
Sold by
Peters Harpst Richard Earl and Peters Harpst Rebecca
Bought by
Nuqui Antonino and Nuqui Loida Santos

Purchase Details

Closed on
Nov 2, 2000
Sold by
Peters Harpst Rick E and Peters Harpst Rebecca
Bought by
Peters Harpst Richard Earl and Peters Harpst Rebecca

Purchase Details

Closed on
Sep 23, 1999
Sold by
Devilbiss Frank Dean and Devilbiss Glenda
Bought by
Peters Harpst Rick E and Peters Harpst Rebecca

Purchase Details

Closed on
Jun 3, 1997
Sold by
Harpst Rick E
Bought by
Devilbiss Frank Dean and Devilbiss Marilyn M
Source: Public Records

Range of Values:

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Average Value
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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
Alcala Herlinda $285,000 Chicago Title Company
Aguilar Ruben $245,000 First American Title Company
Aguilar Ruben -- First American Title Company
George Oscar -- Accommodation
Arroyo Real Estate Group Llc $115,000 Lawyers Title Company
Federal National Mortgage Association $313,032 None Available
Viloria Monina L $399,000 Stewart Title
Viloria Monina L -- Stewart Title
Meglaughlin Brent D $140,000 First American Title
Nuqui Antonino $95,000 American Title Co
Peters Harpst Richard Earl -- --
Peters Harpst Rick E -- Chicago Title Co
Devilbiss Frank Dean $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcala Herlinda $279,837
Previous Owner Aguilar Ruben $183,750
Previous Owner Viloria Monina L $356,037
Previous Owner Viloria Monina L $339,150
Previous Owner Meglaughlin Brent D $54,000
Previous Owner Meglaughlin Brent D $126,000
Previous Owner Devilbiss Frank Dean $19,531
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $285,000 0.0% $103 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $285,000 +16.3% $103 / Sq Ft
06/18/2015 06/18/15 Sold $245,000 0.0% $89 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $245,000 -- $89 / 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 $6,029 $308,491 $54,121 $254,370
2024 $6,029 $302,443 $53,060 $249,383
2023 $5,882 $296,514 $52,020 $244,494
2022 $5,705 $290,700 $51,000 $239,700
2021 $5,324 $285,000 $50,000 $235,000
2020 $5,034 $269,236 $43,956 $225,280
2019 $4,937 $269,236 $43,956 $225,280
2018 $4,833 $258,783 $42,250 $216,533
2017 $4,797 $253,710 $41,422 $212,288
2016 $4,468 $248,736 $40,610 $208,126
2015 $3,374 $120,185 $31,352 $88,833
2014 $2,922 $117,831 $30,738 $87,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202006080

Bakersfield Association of REALTORS® / GEMLS

APN: 009-022-06-00-1