NOT LISTED FOR SALE

1121 Cherry Ln Tehachapi, CA 93561

Estimated Value: $174,815 - $296,000

3 Beds
2 Baths
980 Sq Ft
871 Sq Ft Lot

Last Sold July 31, 2019

Last sale price $112,000 $114 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,462/month

88 Days on Market

About This Home

As of July 2019

Investor ONLY - no financing!! This adorable unit has 3BD / 2BA and 980 sqft. Open concept Kitchen/Dining/Living Room, walk out yard from master bedroom, attached 1 car garage with laundry hook-ups. Newer roof and exterior painting. Awesome long term tenant has been there 7+ years and would like to stay. No owner-occupied buyers at this time. Great investment in this small community.

Last Agent to Sell the Property

Christy Rabe

BHGRE Platinum Realty Group License #1505500 Listed on: 04/03/2019

BHGRE Platinum Realty Group

Last Buyer's Agent

Michael Freedman

American Real Estate License #01212171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1986

Lot Details

  • 871

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Tompkins Elementary School
  • Jacobsen Middle School
  • Tehachapi High School

Community Details

  • Mountain Garden Homes Association
  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 41648006

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,614

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1986
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Condominium
  • Lot Size Acres: 0.0200
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Living Area: 980.00

Exterior Features

  • Roof: Composition
  • Disclosures: CC&Rs, HOA Fees
  • Pool Features: None

Garage/Parking

  • Parking Features: 1 Car Garage

Utilities

  • Heatcool: Floor/Wall Heater

Association/Amenities

  • Site Amenities: Mountain

Condo/Co-op/Association

  • Association Fee: 216.00
  • Association Name: Mountain Garden Homes

Schools

  • High School: Tehachapi
  • Middle Or Junior School: Jacobsen

Lot Info

  • Zoning Description: CO
  • Lot Size Sq Ft: 871.00
  • Parcel #: 41648006
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Tompkins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Magnetic Hill Enterprises Llc
Bought by
Green Kenneth and Green Dolores
Current Estimated Value
$235,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,875
Outstanding Balance
$144,233
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$91,175

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jul 17, 2019
Sold by
Rabe Warren J and Rabe Christina
Bought by
Magnetic Hill Enterprises Llc
Seller's Agent
Christy Rabe
BHGRE Platinum Realty Group
Buyer's Agent
Michael Freedman
American Real Estate
List Price
$112,000
Sold Price
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%

Purchase Details

Closed on
Feb 2, 2017
Sold by
Rabe William Joseph and Rabe Christina Marie
Bought by
Rabe Warren J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2013
Closed on
Sep 30, 2013
Sold by
Anderson Kerry and Anderson Jeffrey
Bought by
Rabe Warren J and Rabe Christina
Seller's Agent
Christy Rabe
BHGRE Platinum Realty Group
Buyer's Agent
Christy Rabe
BHGRE Platinum Realty Group
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$57,500
Interest Rate
4.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 11, 2011
Sold by
Family Lodging Investment Properties Llc
Bought by
Anderson Kerry

Purchase Details

Closed on
Aug 1, 2011
Sold by
Williams Jack and Williams Diana
Bought by
F L I P

Purchase Details

Closed on
Jul 9, 2007
Sold by
Williams Jack and Williams Diana
Bought by
Williams Jack B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2007
Sold by
Mountain Garden Homes
Bought by
Williams Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2007
Sold by
Curnow Jeremy and Curnow Jennifer
Bought by
Williams Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Green Kenneth -- Placer Title
Magnetic Hill Enterprises Llc $112,000 First American Title
Rabe Warren J -- Chicago Title Company
Rabe William Joseph -- Chicago Title Company
Rabe Warren J $65,000 First American Title Company
Anderson Kerry $53,000 Fatcola
F L I P $29,322 None Available
Williams Jack B -- None Available
Williams Jack $120,000 Commonwealth Land Title Co
Williams Jack $60,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Kenneth $148,875
Previous Owner Rabe William Joseph $75,000
Previous Owner Rabe Warren J $57,500
Previous Owner Williams Jack $124,000
Previous Owner Williams Jack $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2019 07/31/19 Sold $112,000 0.0% $114 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $112,000 +72.3% $114 / Sq Ft
10/11/2013 10/11/13 Sold $65,000 0.0% $66 / Sq Ft View Prior Sale
09/26/2013 09/26/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $65,000 -- $66 / 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 $2,614 $198,716 $36,414 $162,302
2024 $2,185 $194,820 $35,700 $159,120
2023 $2,185 $191,000 $35,000 $156,000
2022 $1,497 $115,423 $20,611 $94,812
2021 $1,452 $113,160 $20,207 $92,953
2020 $1,452 $112,000 $20,000 $92,000
2019 $968 $72,851 $14,569 $58,282
2018 $936 $70,024 $14,004 $56,020
2017 $919 $68,652 $13,730 $54,922
2016 $895 $67,307 $13,461 $53,846
2015 $854 $66,297 $13,259 $53,038
2014 $845 $65,000 $13,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21903755

Bakersfield Association of REALTORS® / GEMLS

APN: 416-480-06-00-9