NOT LISTED FOR SALE

Estimated Value: $245,000 - $332,394

4 Beds
2 Baths
1,420 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $169,000 $119 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,833/month

41 Days on Market

About This Home

As of October 2020

Great Investment property in Downtown Bakersfield, take a look at this beautiful duplex featuring 2 bedrooms 1 bath both units, newer A/C's , close to shopping centers and MAYA cinemas, 100% rented bring your investors.

Last Agent to Sell the Property

Victor Ramos Miranda

Golden Valley RealEstate Group License #01998520 Listed on: 07/30/2020

Co-Listed By

Roger Magana

Golden Valley RealEstate Group License #01708253

Last Buyer's Agent

Brandon Goedhart

Watson Realty License #02045854

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,347

Year Built

  • Built in 1959

Lot Details

  • 6,308 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property

Schools

  • Mckinley Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00904108

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,800
  • Net Operating Income $13,716

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,347

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1959
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 6040
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1420.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Garage
  • Garages: 1

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6308.00
  • Parcel #: 00904108

Multi Family

  • Total Annual Expense: 3084.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.00
  • Property Net Operating Income: 13716.00

MLS Schools

  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2020
Closed on
Aug 17, 2020
Sold by
Yocum Phillip E and Yocum Tina L
Bought by
Reitsma Rodney and Reitsma Adrienne
Seller's Agent
Victor Ramos Miranda
Golden Valley RealEstate Group
Buyer's Agent
Brandon Goedhart
Watson Realty
List Price
$164,999
Sold Price
$169,000
Premium/Discount to List
$4,001
2.42%
Current Estimated Value
$285,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,099
Avg. Annual Appreciation
10.72%

Purchase Details

Closed on
Dec 14, 2012
Sold by
Yocum Phillip E
Bought by
Yocum Phillip E and Yocum Tina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,304
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2012
Closed on
Jul 24, 2012
Sold by
Fannie Mae
Bought by
Yocum Phillip E
Seller's Agent
Tim McCrary
Stockdale Real Estate Group
Buyer's Agent
Joseph Goings
Unknown Broker
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$73,304
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2012
Sold by
Chen Linyan
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 19, 2004
Sold by
Collins Robert E and Collins Nettie
Bought by
Chen Linyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
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
Reitsma Rodney $169,000 Stewart Title Company
Yocum Phillip E -- Stewart Title Of Ca Inc
Yocum Phillip E $60,000 Old Republic Title Company
Yocum Phillip E -- Old Republic Title Company
Federal National Mortgage Association $49,800 Landsafe Title
Chen Linyan $161,000 Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yocum Phillip E $73,304
Previous Owner Yocum Phillip E $73,304
Previous Owner Chen Linyan $163,125
Previous Owner Chen Linyan $144,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $169,000 +2.4% $119 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $164,999 +175.5% $116 / Sq Ft
07/30/2012 07/30/12 Sold $59,900 0.0% $42 / Sq Ft
06/30/2012 06/30/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $59,900 -- $42 / 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 $3,347 $182,929 $32,472 $150,457
2024 $3,268 $179,343 $31,836 $147,507
2023 $3,268 $175,827 $31,212 $144,615
2022 $3,174 $172,380 $30,600 $141,780
2021 $2,981 $169,000 $30,000 $139,000
2020 $1,708 $67,555 $16,888 $50,667
2019 $1,676 $67,555 $16,888 $50,667
2018 $1,644 $64,933 $16,233 $48,700
2017 $1,629 $63,661 $15,915 $47,746
2016 $1,542 $62,413 $15,603 $46,810
2015 $1,524 $61,476 $15,369 $46,107
2014 $1,477 $60,272 $15,068 $45,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202007552

Bakersfield Association of REALTORS® / GEMLS

APN: 009-041-08-00-6