NOT LISTED FOR SALE

Estimated Value: $357,000 - $405,000

5 Beds
2 Baths
1,937 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $360,000 $186 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,448/month

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of July 2024

Off Market Sale Four units with plenty of upside potential.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 07/01/2024

Keller Williams Realty

Last Buyer's Agent

Caleb Fisk

ASU Commercial License #02156326

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,874

Year Built

  • Built in 1937

Lot Details

  • 6,098

Home Design

  • Composition Roof

Interior Spaces

  • 1,937 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Mckinley Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 6,098 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 01020026

Community Details

Overview

  • 4 Units
  • Chester Park Tract Subdivision

Building Details

  • Gross Income $27,600
  • Net Operating Income $20,253

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,874

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1937
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1937.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Zoning Description: R-3
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 01020026

Multi Family

  • Total Annual Expense: 7347.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 27600.00
  • Property Net Operating Income: 20253.00

MLS Schools

  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2024
Sold by
Blair Edward Garrett and Stelter Blake
Bought by
Bsgb Properties Llc
Current Estimated Value
$374,764

Purchase Details

Listed on
Jul 1, 2024
Closed on
Jun 21, 2024
Sold by
Castaneda Sergio
Bought by
Blair Edward Garrett and Stelter Blake
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Caleb Fisk
ASU Commercial
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$270,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2023
Sold by
Ast Land Trust
Bought by
Castaneda Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.29%
Mortgage Type
Construction

Purchase Details

Closed on
May 24, 2007
Sold by
Topete Robert
Bought by
Deutsche Bank National Trust Co and Argent Mortgage Securities Inc Asset Bac

Purchase Details

Closed on
Nov 4, 2004
Sold by
Torres Juan and Torres Manuela
Bought by
Torres Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7%
Mortgage Type
New Conventional
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
Bsgb Properties Llc -- None Listed On Document
Blair Edward Garrett $360,000 Pacific Coast Title
Castaneda Sergio -- Pacific Coast Title
Deutsche Bank National Trust Co $287,250 Town & Country Title Service
Torres Juan -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blair Edward Garrett $270,000
Previous Owner Castaneda Sergio $216,000
Previous Owner Torres Juan $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $360,000 0.0% $186 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $360,000 -- $186 / 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 $4,874 $367,200 $102,000 $265,200
2024 $4,874 $204,300 $36,050 $168,250
2023 $4,747 $200,295 $35,344 $164,951
2022 $4,585 $196,368 $34,651 $161,717
2021 $4,216 $192,519 $33,972 $158,547
2020 $4,083 $190,546 $33,624 $156,922
2019 $4,006 $190,546 $33,624 $156,922
2018 $3,925 $183,149 $32,319 $150,830
2017 $3,892 $179,559 $31,686 $147,873
2016 $3,655 $176,039 $31,065 $144,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202406474

Bakersfield Association of REALTORS® / GEMLS

APN: 010-200-26-00-7