NOT LISTED FOR SALE

Estimated Value: $235,000 - $282,830

4 Beds
2 Baths
1,388 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $130,000 $94 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,602/month

42 Days on Market

About This Home

As of March 2017

2 Homes On A lot. It's the beginning of a New Year, Why Not Start It, By Putting Your Money To Work, With This Investment Property! Main home offers 2 spacious bedrooms, tile flooring, fresh interior and exterior paint, new interior doors and hardware, new lighting fixtures, indoor utility area, new dual pane windows and a large yard. Second home features 1 bedroom, 1 bath, tile flooring, fresh interior paint private yard.

Last Agent to Sell the Property

Erlin Casas

Maya Properties License #01360505 Listed on: 01/04/2017

Last Buyer's Agent

Juana Pineda

Executive Realty & Investments License #01362468

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 9,273 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 1,388 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 01108210

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,800
  • Net Operating Income $15,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1950
  • Building Stories: 1
  • Property Sub Type: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1388.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 9273.00
  • Parcel #: 01108210

Multi Family

  • Total Annual Expense: 1500.00
  • Vacancy Factor: 100.00
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.00
  • Property Net Operating Income: 15300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Ricardo And Juana M Herrera Family Trust and Herrera Ricardo
Bought by
La Morada Llc
Current Estimated Value
$258,208

Purchase Details

Closed on
Dec 21, 2017
Sold by
Herrera Ricardo and Herrera Juana Maria
Bought by
Herrera Ricardo and Herrera Juana M

Purchase Details

Listed on
Jan 4, 2017
Closed on
Jan 23, 2017
Sold by
Goldberg Properties Inc
Bought by
Herrera Ricardo and Herrera Juana Maria
Seller's Agent
Erlin Casas
Maya Properties
Buyer's Agent
Juana Pineda
Executive Realty & Investments
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$102,400
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2009
Sold by
Cortez Jose Socorro
Bought by
Goldberg Properties Inc

Purchase Details

Closed on
Aug 21, 2006
Sold by
Cortez Ana Maria
Bought by
Cortez Jose Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2006
Sold by
Barreraz Grace
Bought by
Cortez Jose Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1997
Sold by
Marquez Timothy F
Bought by
Marquez Lois C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.14%

Purchase Details

Closed on
Oct 19, 1995
Sold by
Marquez Lois C
Bought by
Marquez Lois C and Marquez Timothy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,404
Interest Rate
7.59%
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
La Morada Llc -- None Listed On Document
Herrera Ricardo -- None Available
Herrera Ricardo $130,000 Placer Title Company
Goldberg Properties Inc $19,000 None Available
Cortez Jose Socorro -- Alliance Title Company
Cortez Jose Socorro $180,000 Alliance Title Company
Marquez Lois C -- Commonwealth Land Title Co
Marquez Lois C -- Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Ricardo $102,400
Previous Owner Cortez Jose Socorro $144,000
Previous Owner Marquez Lois C $10,000
Previous Owner Marquez Lois C $5,404
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $130,000 -3.7% $94 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $135,000 -- $97 / 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 $3,018 $164,796 $40,617 $124,179
2024 $3,018 $161,566 $39,821 $121,745
2023 $2,947 $158,399 $39,041 $119,358
2022 $2,861 $155,294 $38,276 $117,018
2021 $2,672 $152,250 $37,526 $114,724
2020 $2,605 $150,690 $37,142 $113,548
2019 $2,553 $150,690 $37,142 $113,548
2018 $2,496 $144,840 $35,700 $109,140
2017 $1,408 $54,362 $16,640 $37,722
2016 $1,333 $53,297 $16,314 $36,983
2015 $1,317 $52,497 $16,069 $36,428
2014 $1,276 $51,470 $15,755 $35,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21700107

Bakersfield Association of REALTORS® / GEMLS

APN: 011-082-10-00-7