NOT LISTED FOR SALE

1215 Niles St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $472,325 - $576,000

8 Beds
4 Baths
3,642 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $230,500 $63 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,223/month

4 Days on Market

About This Home

As of March 2016

Fantastic offering on this very well updated and maintained 4-plex. Very nice grounds bordered by wrought iron fencing. All 4 A/C units have been replaced in recent years, windows are newer. Very pleasant living for the tenants. Each unit has 2 bedrooms, 1 bath, laundry hookups and rent for $625 each with room for increase. All units currently occupied.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 02/26/2016

Keller Williams Realty

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,611

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot

Interior Spaces

  • 3,642 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Car Parking Spaces
  • Uncovered Parking

Schools

  • Williams Bak Elementary School
  • Stiern Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 01524004

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $30,000
  • Net Operating Income $16,866

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,611

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1985
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3642.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: East
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 01524004

Multi Family

  • Total Annual Expense: 13134.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 30000.00
  • Property Net Operating Income: 16866.00

MLS Schools

  • Elementary School: Williams_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Kaa Properties Lp
Bought by
Kaa Properties Lp
Current Estimated Value
$526,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,028,300
Outstanding Balance
$3,639,170
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$3,112,839

Purchase Details

Listed on
Feb 26, 2016
Closed on
Mar 21, 2016
Sold by
Ctss Properties Llc
Bought by
Kaa Properties Lp
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$238,000
Sold Price
$230,500
Premium/Discount to List
-$7,500
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
Feb 27, 2012
Closed on
Jul 5, 2012
Sold by
Eldredge Sheryl and Nichols Cindy D
Bought by
Ctss Properties Llc
Seller's Agent
Jesus Ayala
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$199,999
Sold Price
$198,000
Premium/Discount to List
-$1,999
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%

Purchase Details

Listed on
Feb 27, 2012
Closed on
Apr 10, 2012
Sold by
Ceballos Eladio Martinez
Bought by
Eldredge Sheryl and Nichols Cindy D
Seller's Agent
Jesus Ayala
El Centro Hispano Realty
Buyer's Agent
Jesus Ayala
El Centro Hispano Realty
List Price
$199,999
Sold Price
$199,000
Premium/Discount to List
-$999
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.91%
Original Mortgage
$139,500
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2010
Sold by
Garcia Patricia Martinez
Bought by
Ceballos Eladio Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 7, 2010
Sold by
Ceballos Raquel Martinez
Bought by
Ceballos Eladio Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 3, 2009
Sold by
Ayala Jesus H
Bought by
Ceballos Raquel Martinez

Purchase Details

Closed on
May 20, 2009
Sold by
Ayala Maria
Bought by
Ayala Jesus H

Purchase Details

Closed on
May 13, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Ayala Jesus H

Purchase Details

Closed on
Mar 31, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Feb 14, 2008
Sold by
Gutierrez Jose D
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Jan 13, 2005
Sold by
Gutierrez Jose Duarte
Bought by
Gutierrez Jose D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 6, 2003
Sold by
Johnson Russell and Johnson Midge
Bought by
Gutierrez Jose Duarte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.78%
Source: Public Records

Range of Values:

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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
Kaa Properties Lp -- Orange Coast Title Co
Kaa Properties Lp $230,500 Chicago Title Company
Ctss Properties Llc $62,500 None Available
Eldredge Sheryl $198,000 Chicago Title Company
Ceballos Eladio Martinez -- Placer Title Company
Ceballos Eladio Martinez -- None Available
Ceballos Raquel Martinez $23,000 Chicago Title Company
Ayala Jesus H -- Servicelink
Ayala Jesus H $21,000 Servicelink
Jpmorgan Chase Bank National Association -- Servicelink
Washington Mutual Bank $282,978 None Available
Gutierrez Jose D -- Fidelity Title
Gutierrez Jose Duarte $165,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaa Properties Lp $4,028,300
Previous Owner Eldredge Sheryl $139,500
Previous Owner Ceballos Eladio Martinez $80,000
Previous Owner Gutierrez Jose D $250,000
Previous Owner Gutierrez Jose Duarte $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2016 03/31/16 Sold $230,500 -3.2% $63 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $238,000 +20.2% $65 / Sq Ft
06/11/2012 06/11/12 Sold $198,000 -1.0% $54 / Sq Ft View Prior Sale
05/12/2012 05/12/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $199,999 -- $55 / 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 $5,611 $272,266 $41,429 $230,837
2024 $5,611 $266,928 $40,617 $226,311
2023 $5,472 $261,695 $39,821 $221,874
2022 $5,300 $256,565 $39,041 $217,524
2021 $4,923 $251,535 $38,276 $213,259
2020 $4,789 $248,957 $37,884 $211,073
2019 $4,697 $248,957 $37,884 $211,073
2018 $4,599 $239,292 $36,414 $202,878
2017 $4,564 $234,600 $35,700 $198,900
2016 $3,989 $205,964 $31,206 $174,758
2015 $3,951 $202,871 $30,738 $172,133
2014 $3,828 $198,898 $30,136 $168,762
Source: Public Records

Agents Affiliated with this Home

  • Philip Jordan

    Seller's Agent in 2016

    Philip Jordan

    Keller Williams Realty

    (661) 553-5767

    23 in this area

    135 Total Sales

    Philip Jordan
    Section Image

  • N

    Buyer's Agent in 2016

    Non-Member Non-Member

    Non-Member Office

  • J

    Seller's Agent in 2012

    Jesus Ayala

    Unknown Broker

    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21602408

Bakersfield Association of REALTORS® / GEMLS

APN: 015-240-04-00-0

California Kern County Bakersfield 93305 East Bakersfield

1215 Niles St, Bakersfield, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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