NOT LISTED FOR SALE

Estimated Value: $589,878 - $655,000

2 Beds
1 Bath
3,504 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $450,000 $128 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,909/month

85 Days on Market

About This Home

As of July 2021

Well-maintained quadraplex with a newer roof and freshly painted exterior. The property features 2 & 3-bedroom units, each with their own private patio and washer-dryer hookups. Both split-levels were built in 2006! Don't miss your opportunity to add this to your portfolio!

Last Agent to Sell the Property

Rebecca Guardado

LPT Realty, Inc. License #02021862 Listed on: 03/27/2021

LPT Realty, Inc.

Last Buyer's Agent

Rebecca Guardado

LPT Realty, Inc. License #02021862 Listed on: 03/27/2021

LPT Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,504 Sq Ft Home
  • 2-Story Property

Schools

  • Downtown Elementary School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 01031135

Community Details

Overview

  • 4 Units
  • Lowell Add Subdivision

Building Details

  • Gross Income $35,640
  • Net Operating Income $27,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3504.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Bakersfield

Lot Info

  • Lot Size Sq Ft: 9583.00
  • Parcel #: 01031135

Multi Family

  • Total Annual Expense: 7920.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 35640.00
  • Property Net Operating Income: 27720.00

MLS Schools

  • Elementary School: Downtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Jul 13, 2021
Sold by
Madrid Rurik A
Bought by
Madrid Jovanna L
Seller's Agent
Rebecca Guardado
LPT Realty, Inc.
Buyer's Agent
Rebecca Guardado
LPT Realty, Inc.
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$620,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,470
Avg. Annual Appreciation
7.47%
Original Mortgage
$337,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 24, 2021
Sold by
Davila Francisco and Davila Jose Arturo
Bought by
Madrid Jovanna L
Seller's Agent
Rebecca Guardado
LPT Realty, Inc.
Buyer's Agent
Rebecca Guardado
LPT Realty, Inc.
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2007
Sold by
Davila Esther
Bought by
Davila Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2007
Sold by
Kurian Baby and Kurian Lissyama
Bought by
Davila Francisco and Davila Jose Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2007
Sold by
Carrillo Refugio and Carrillo Myrna
Bought by
Kurian Baby and Kurian Lissyama

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2007
Sold by
Carrillo Refugio
Bought by
Carrillo Refugio and Carrillo Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2004
Sold by
Randall Warnetta M and Brown Amos L
Bought by
Carrillo Refugio and Carrillo Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Madrid Jovanna L -- Placer Title Company
Madrid Jovanna L $450,000 Placer Title Er
Davila Francisco -- Stewart Title Kern
Davila Jose Arturo -- Stewart Title Kern
Davila Francisco $380,000 Stewart Title Kern
Kurian Baby $259,000 Chicago Title Company
Carrillo Refugio -- Alliance Title
Carrillo Refugio $210,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madrid Jovanna L $337,500
Previous Owner Davila Francisco $342,000
Previous Owner Carrillo Refugio $45,000
Previous Owner Carrillo Refugio $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $450,000 0.0% $128 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $450,000 -- $128 / 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 $7,980 $477,542 $106,120 $371,422
2024 $7,980 $468,180 $104,040 $364,140
2023 $7,799 $459,000 $102,000 $357,000
2022 $7,595 $450,000 $100,000 $350,000
2021 $6,318 $368,000 $74,000 $294,000
2020 $6,009 $350,000 $70,000 $280,000
2019 $5,553 $315,000 $63,000 $252,000
2018 $4,883 $263,000 $53,000 $210,000
2017 $4,910 $263,000 $53,000 $210,000
2016 $4,370 $240,000 $48,000 $192,000
2015 $4,428 $245,000 $37,000 $208,000
2014 $3,717 $189,000 $30,000 $159,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202103199

Bakersfield Association of REALTORS® / GEMLS

APN: 010-311-35-00-2