NOT LISTED FOR SALE

Estimated Value: $216,000 - $253,000

3 Beds
1 Bath
704 Sq Ft
$341/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $165,000 $234 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,542/month

About This Home

As of December 2020

Incredible opportunity to own 2 homes in one lot, 1/4 of an acre. Front house has 2bd/1ba, back home also has 2bd/1ba, there is an additional unit that appears not to be permitted and is included, as in with no value. Both units have their own gas and electric meter. Needs a bit of TLC but can start cashflowing immediately.

Last Agent to Sell the Property

Marco Morales Ramirez

Liberty One Real Estate Group License #02002604 Listed on: 07/28/2020

Last Buyer's Agent

Olga Estrada

Dream Home Realty License #01707107

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,297

Year Built

  • Built in 1925

Lot Details

  • 0.26

Parking

  • Uncovered Parking

Home Design

  • Duplex

Schools

  • Owens Elementary School
  • Compton Middle School
  • Bakersfield High School

Additional Features

  • 1-Story Property
  • 0.26 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 01738004

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $19,200
  • Net Operating Income $17,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,297

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1925
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater,Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 11326.00
  • Parcel #: 01738004
  • ResoLotSizeUnits: Acres

Multi Family

  • Total Annual Expense: 1920.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 2
  • Annual Gross Income: 19200.00
  • Property Net Operating Income: 17280.00

MLS Schools

  • Elementary School: Owens, B. E.

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $165,000 -5.7% $234 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $175,000 -- $249 / 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 $3,297 $178,600 $43,296 $135,304
2024 $3,297 $175,099 $42,448 $132,651
2023 $3,219 $171,666 $41,616 $130,050
2022 $3,126 $168,300 $40,800 $127,500
2021 $2,933 $165,000 $40,000 $125,000
2020 $2,704 $150,000 $35,000 $115,000
2019 $2,289 $117,000 $29,000 $88,000
2018 $1,921 $88,000 $20,000 $68,000
2017 $1,889 $85,000 $30,000 $55,000
2016 $1,884 $93,000 $20,000 $73,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202007465

Bakersfield Association of REALTORS® / GEMLS

APN: 017-380-04-00-5