NOT LISTED FOR SALE
-- Bed
-- Bath
13,728 Sq Ft
1941 Built

Sale Details

Date Sold: March 3, 2021

Last sale price $1,700,000 $124 Per Sq Ft

3 Days on Market

About This Home

As of March 2021

Potential Value add property. 27 Units located in North Bakersfield. All units are individual cottages with no shared common wall, they are all 1 bedroom. The current rents are averaged at $550 per unit. The Market rents indicate they could potentially rent for $650 per door. Section Housing pays up to $795 for a 1 bedroom unit. Has has done some updated to about half of the units. Please do not disturb tenants

Last Agent to Sell the Property

Pete Peralta

Miramar Realty License #1307225 Listed on: 01/29/2021

Last Buyer's Agent

Pete Peralta

Miramar Realty License #1307225 Listed on: 01/29/2021

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Interior Spaces

  • 13,728 Sq Ft Home
  • 1-Story Property

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11314209

Community Details

Overview

  • 27 Units

Building Details

  • Gross Income $178,200
  • Net Operating Income $70,675

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1941
  • Building Stories: 1
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 13728.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Other

Schools

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

Lot Info

  • Parcel #: 11314209

Multi Family

  • Total Annual Expense: 70675.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 27
  • Annual Gross Income: 178200.00
  • Property Net Operating Income: 70675.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,873,100
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 24, 2021
Sold by
Bought by
Seller's Agent
Pete Peralta
Miramar Realty
Buyer's Agent
Pete Peralta
Miramar Realty
List Price
$1,400,000
Sold Price
$1,700,000
Premium/Discount to List
$300,000
21.43%

Purchase Details

Closed on
Dec 17, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 1996
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Orange Coast Title
$1,700,000 Chicago Title Company
$383,332 --
$200,000 Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $10,647,000
Closed $3,873,100
Previous Owner $275,000
Previous Owner $135,000
Previous Owner $535,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $1,700,000 +21.4% $124 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $1,400,000 -- $102 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $45,689 $1,876,934 $66,243 $1,810,691
2025 $44,123 $1,840,133 $64,945 $1,775,188
2024 $44,123 $1,804,053 $63,672 $1,740,381
2023 $42,466 $1,768,680 $62,424 $1,706,256
2022 $40,514 $1,734,000 $61,200 $1,672,800
2021 $21,114 $300,911 $112,461 $188,450
2020 $19,742 $297,826 $111,308 $186,518
2019 $19,496 $297,826 $111,308 $186,518
2018 $11,693 $286,263 $106,987 $179,276
2017 $21,856 $280,651 $104,890 $175,761
2016 $11,532 $275,149 $102,834 $172,315
2015 $11,349 $271,017 $101,290 $169,727
2014 $11,149 $265,709 $99,306 $166,403
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202101054

Bakersfield Association of REALTORS® / GEMLS
Your Personal Tour Guide

Ask me questions while you tour the home.