NOT LISTED FOR SALE

Estimated Value: $775,000 - $1,639,000

12 Beds
2 Baths
4,936 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: June 13, 2014

Last sale price $1,324,500 $268 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $6,415 / mo

37 Days on Market

About This Home

As of June 2014

12 units for sale in Rosedale! 12006 Handel, 12000 Handel, and 11900 Handel Ave. 3 buildings, 4 units each. Large +/-1,240 sq.ft. apartments. One owner, never before offered for sale. Each unit has a 2 car detached garage. Large well maintained grass area. Good cashflow at current rents. Current rents are low for the area and need to be increased. Neighborhood supports $1,100 per month. Current rents are at $950. Large alley with space for RV parking. 1 Block from Independence Elementary school. Located is a quiet neighborhood on a cul-de-sac. Please do not disturb tenants!

Last Agent to Sell the Property

Craig Hummel

Century 21 Select Real Estate License #1108671 Listed on: 04/07/2014

Century 21 Select Real Estate

Last Buyer's Agent

Nik Boone

Ascend Real Estate and Propert License #01892266

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 15,650 Sq Ft Lot

Parking

  • 12 Car Garage

Interior Spaces

  • 4,936 Sq Ft Home
  • 2-Story Property

Schools

  • Independence Elementary School
  • Rosedale Middle School
  • Liberty High School

Listing and Financial Details

  • Assessor Parcel Number 49618002

Community Details

Overview

  • 12 Units

Building Details

  • Gross Income $134,760
  • Net Operating Income $100,914

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0.36 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1991
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Co List Office Mls Id: 3552
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4936.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage
  • Garages: 12

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Liberty
  • Middle Or Junior School: Rosedale

Lot Info

  • Lot Size Sq Ft: 15650.00
  • Parcel #: 49618002

Multi Family

  • Total Annual Expense: 27108.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 12
  • Annual Gross Income: 134760.00
  • Property Net Operating Income: 100914.00

MLS Schools

  • Elementary School: Independence

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

Listed on
Apr 7, 2014
Closed on
Jun 23, 2014
Sold by
Tepman Ernest and Tepman Victoriya
Bought by
Seller's Agent
Craig Hummel
Century 21 Select Real Estate
Buyer's Agent
Nik Boone
Ascend Real Estate and Propert
List Price
$1,320,000
Sold Price
$1,324,500
Premium/Discount to List
$4,500
0.34%
Current Estimated Value
$1,042,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$282,324
Avg. Annual Appreciation
-1.94%
Original Mortgage
$331,125
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 15, 2014
Sold by
Yolli Properties Llc
Bought by
Tepman Ernest and Tepman Victoriya
Seller's Agent
Craig Hummel
Century 21 Select Real Estate
Buyer's Agent
Nik Boone
Ascend Real Estate and Propert
List Price
$1,320,000
Sold Price
$1,324,500
Premium/Discount to List
$4,500
0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,125
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2004
Sold by
Peiser Ilene S
Bought by
Yolli Properties Llc

Purchase Details

Closed on
Apr 14, 2000
Sold by
Flores Rudy and Flores Evangeline
Bought by
Peiser Ilene S

Purchase Details

Closed on
Apr 13, 2000
Sold by
Peiser Ilene S
Bought by
Peiser Ilene S and Flores Evangeline
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Accommodation
Tepman Ernest $441,500 Placer Title Company
Yolli Properties Llc -- --
Peiser Ilene S -- --
Peiser Ilene S -- Stewart Title
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
Previous Owner $331,125
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
06/13/2014 06/13/14 Sold $1,324,500 +0.3% $268 / Sq Ft
05/14/2014 05/14/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $1,320,000 -- $267 / 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 $8,300 $541,827 $91,935 $449,892
2025 $8,300 $531,204 $90,133 $441,071
2024 $8,112 $520,789 $88,366 $432,423
2023 $7,867 $510,579 $86,634 $423,945
2022 $7,475 $500,569 $84,936 $415,633
2021 $7,116 $490,755 $83,271 $407,484
2020 $6,903 $485,724 $82,418 $403,306
2019 $6,793 $485,724 $82,418 $403,306
2018 $6,588 $466,865 $79,218 $387,647
2017 $6,485 $457,712 $77,665 $380,047
2016 $6,124 $448,739 $76,143 $372,596
2015 $6,062 $442,000 $75,000 $367,000
2014 $4,174 $269,073 $52,189 $216,884
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21403642

Bakersfield Association of REALTORS® / GEMLS

APN: 496-180-02-00-4

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