NOT LISTED FOR SALE

Estimated Value: $343,266 - $410,000

6 Beds
4 Baths
2,216 Sq Ft
$169/Sq Ft Est. Value

Last Sold November 13, 2014

Last sale price $158,000 $71 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,254/month

About This Home

As of November 2014

Attention Investor: Awesome income opportunity to start collecting rent the minute you close escrow. Duplex Built in 2005. Each unit has 3 beds/1.75 baths. Rents are $900 and $875. Section 8 pays most of the rent for current tenants. Excellent addition to our rental portfolio.

Last Agent to Sell the Property

Esther Ambriz

Capstone Real Estate License #01152203 Listed on: 09/22/2014

Last Buyer's Agent

Gladys Cazares

Avalar Real Estate Alliance License #01448627

Avalar Real Estate Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 2005

Lot Details

  • 6,264 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 2,216 Sq Ft Home
  • 1-Story Property

Schools

  • Fremont Bak Elementary School
  • Compton Middle School
  • Bakersfield High School

Community Details

  • 2 Units
  • Gross Income $21,300

Listing and Financial Details

  • Assessor Parcel Number 01840020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,427

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2005
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2216.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6264.00
  • Parcel #: 01840020

Multi Family

  • Vacancy Factor: 25.00
  • Number Of Units Total: 2
  • Annual Gross Income: 21300.00

MLS Schools

  • Elementary School: Fremont_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 8, 2014
Sold by
Padre Street
Bought by
Mercado Jose L and Islas Irma
Seller's Agent
Esther Ambriz
Capstone Real Estate
Buyer's Agent
Gladys Cazares
Avalar Real Estate Alliance
List Price
$159,900
Sold Price
$158,000
Premium/Discount to List
-$1,900
-1.19%
Current Estimated Value
$375,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,317
Avg. Annual Appreciation
8.21%
Original Mortgage
$118,500
Outstanding Balance
$91,048
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$284,269

Purchase Details

Closed on
Jul 11, 2012
Sold by
Jara Melissa Rochelle
Bought by
Jara Sergio

Purchase Details

Closed on
Sep 20, 2010
Sold by
Aurora Loan Services Llc
Bought by
Padre Street

Purchase Details

Closed on
Sep 15, 2009
Sold by
Quintero Vicente N
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jun 22, 2007
Sold by
Arias Freddy
Bought by
Quintero Vicente N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2006
Sold by
Arias Alba N
Bought by
Arias Freddy

Purchase Details

Closed on
Jan 31, 2006
Sold by
Fambrough Development Inc
Bought by
Arias Freddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,850
Interest Rate
8.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 5, 2004
Sold by
Hernandez Manuel and Dehernandez Maria Deldefugio
Bought by
Fambrough Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Mercado Jose L $158,000 Ticor Title Company
Jara Sergio -- First American Title Company
Padre Street $50,000 Fidelity National Title Co
Aurora Loan Services Llc $292,251 Accommodation
Quintero Vicente N $325,000 Sutic
Arias Freddy -- Commonwealth Land Title Co
Arias Freddy $283,000 Commonwealth Land Title Co
Fambrough Development Inc $35,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Jose L $118,500
Previous Owner Quintero Vicente N $260,000
Previous Owner Arias Freddy $268,850
Previous Owner Fambrough Development Inc $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2014 11/13/14 Sold $158,000 -1.2% $71 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $159,900 -- $72 / 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 $3,427 $189,882 $48,070 $141,812
2024 $3,346 $186,160 $47,128 $139,032
2023 $3,346 $182,510 $46,204 $136,306
2022 $3,252 $178,933 $45,299 $133,634
2021 $3,058 $175,425 $44,411 $131,014
2020 $2,989 $173,627 $43,956 $129,671
2019 $2,932 $173,627 $43,956 $129,671
2018 $2,868 $166,887 $42,250 $124,637
2017 $2,848 $163,616 $41,422 $122,194
2016 $2,638 $160,409 $40,610 $119,799
2015 $2,618 $158,000 $40,000 $118,000
2014 $1,388 $52,255 $10,451 $41,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21410161

Bakersfield Association of REALTORS® / GEMLS

APN: 018-400-20-00-3