NOT LISTED FOR SALE

119 Warren Ave Bakersfield, CA 93308

Estimated Value: $204,000 - $372,000

4 Beds
2 Baths
1,862 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $130,000 $70 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,804/month

45 Days on Market

About This Home

As of August 2018

This is a great investment opportunity, for a first time investor or to add to your investment portfolio. Rents are below other comparable properties in the area. Both units have HVAC units, private covered patios, storage units in rear of buildings, gated off street parking.

Last Agent to Sell the Property

Rick Musselman

RE/MAX Golden Empire License #01036614 Listed on: 06/01/2018

RE/MAX Golden Empire

Last Buyer's Agent

Shawn Byrom

People Realty, Inc. License #01956994

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 1978

Lot Details

  • 6,455 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,862 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11402125

Community Details

Overview

  • 2 Units
  • River View Subdivision

Building Details

  • Gross Income $12,000
  • Net Operating Income $9,678

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,277

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1978
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1862.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered, Other

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 6455.00
  • Parcel #: 11402125

Multi Family

  • Total Annual Expense: 2322.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 12000.00
  • Property Net Operating Income: 9678.00

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jul 12, 2018
Sold by
Hayward Donald and Hayward Mary
Bought by
Griffith Eric J
Seller's Agent
Rick Musselman
RE/MAX Golden Empire
Buyer's Agent
Shawn Byrom
People Realty, Inc.
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%
Current Estimated Value
$292,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,013
Avg. Annual Appreciation
11.88%
Original Mortgage
$97,500
Outstanding Balance
$84,498
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$207,515

Purchase Details

Closed on
May 21, 2002
Sold by
Hud
Bought by
Hayward Donald and Hayward Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.74%

Purchase Details

Closed on
Mar 4, 2002
Sold by
Joya Juan Mendoza and Moran Liliana Bertha
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 1, 2002
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
May 15, 2001
Sold by
Joya Juan Mendoza and Moran Liliana Bertha
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 2, 1999
Sold by
David Jewell M Tr
Bought by
Joya Juan Mendoza and Moran Lilliana Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,038
Interest Rate
7.05%
Mortgage Type
FHA
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
Griffith Eric J $130,000 Ticor Title Co
Hayward Donald $72,000 Fidelity National Title Co
Citimortgage Inc $61,663 Fidelity National Title
Hud -- Fidelity National Title
Mortgage Electronic Registration Systems $61,663 --
Joya Juan Mendoza $56,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith Eric J $97,500
Previous Owner Hayward Donald $54,000
Previous Owner Joya Juan Mendoza $56,038
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $130,000 -3.7% $70 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $135,000 -- $73 / 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 $3,277 $145,014 $33,464 $111,550
2024 $3,154 $142,171 $32,808 $109,363
2023 $3,154 $139,384 $32,165 $107,219
2022 $2,965 $136,652 $31,535 $105,117
2021 $2,801 $133,973 $30,917 $103,056
2020 $2,667 $132,600 $30,600 $102,000
2019 $2,634 $132,600 $30,600 $102,000
2018 $2,138 $94,832 $15,572 $79,260
2017 $2,116 $92,974 $15,267 $77,707
2016 $1,979 $91,152 $14,968 $76,184
2015 $1,956 $89,785 $14,744 $75,041
2014 $1,918 $88,028 $14,456 $73,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21807028

Bakersfield Association of REALTORS® / GEMLS

APN: 114-021-25-00-6