NOT LISTED FOR SALE

1131 Jefferson St Unit 4 Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $490,000 - $642,000

10 Beds
2 Baths
4,483 Sq Ft
$129/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $345,000 $77 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,816/month

113 Days on Market

About This Home

As of July 2018

Investors Delight with a 7.2% cap rate. Established long term tenants with good rental history. Property offers 2 homes and a duplex with a total of 4483sqft on almost 15,000sqft lot.3 bed 2 bath home built in 2006 has a 2 car garage and rents for $900. 2nd home is 2 story with 1324sqft and a one car garage that rents for $850.Each duplex unit has 3 bed 1 bath that rents for $795 each. Drive by and make us an offer!!

Last Agent to Sell the Property

Kathy Kotsiomitis

Kathy Kotsiomitis Realty License #934258 Listed on: 03/05/2018

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 0.34 Acre Lot

Interior Spaces

  • 4,483 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Car Garage
  • Uncovered Parking

Schools

  • Harding Elementary School
  • Compton Middle School
  • Foothill High School

Listing and Financial Details

  • Assessor Parcel Number 12715004

Community Details

Overview

  • 4 Units
  • Drurys Northern Add Subdivision

Building Details

  • Gross Income $40,080
  • Net Operating Income $28,769

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4483.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 10.00
  • Parking Features: Garage, Uncovered
  • Garages: 2

Utilities

  • Heatcool: Central AC,Central Heat,Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 14974.00
  • Parcel #: 12715004

Multi Family

  • Total Annual Expense: 11311.00
  • Vacancy Factor: 0.05
  • Number Of Units Total: 4
  • Annual Gross Income: 40080.00
  • Property Net Operating Income: 28769.00

MLS Schools

  • Elementary School: Harding, Ruth

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
07/26/2018 07/26/18 Sold $345,000 -8.0% $77 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $375,000 -- $84 / 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 $8,128 $384,849 $83,661 $301,188
2024 $8,128 $377,304 $82,021 $295,283
2023 $7,876 $369,907 $80,413 $289,494
2022 $7,424 $362,655 $78,837 $283,818
2021 $7,040 $355,545 $77,292 $278,253
2020 $6,888 $351,900 $76,500 $275,400
2019 $6,661 $351,900 $76,500 $275,400
2018 $4,015 $132,464 $33,115 $99,349
2017 $3,951 $129,867 $32,466 $97,401
2016 $3,340 $127,322 $31,830 $95,492
2015 $3,338 $125,410 $31,352 $94,058
2014 $3,262 $122,954 $30,738 $92,216
Source: Public Records

Agents Affiliated with this Home

  • Kathy Kotsiomitis

    Seller's Agent in 2018

    Kathy Kotsiomitis

    Kathy Kotsiomitis Realty

    (661) 805-4736

    1 in this area

    46 Total Sales

    Kathy Kotsiomitis
    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Non-Member

    Non-Member Office

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21802629

Bakersfield Association of REALTORS® / GEMLS

APN: 127-150-04-00-0

California Kern County Bakersfield 93305 East Bakersfield

1131 Jefferson St Unit 4, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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