NOT LISTED FOR SALE
Studio
-- Baths
-- Sq Ft
0.39 Acre Lot

Sale Details

Date Sold: December 20, 2017

Last sale price $400,000

87 Days on Market

About This Home

As of December 2017

Property consists of an office building about 2700 Sq ft currently leased to owner as a real estate/propertt management co and 5 units one operated as a barber shop and 4 as residental units. Paved parking and 3 unit storage garage.

Last Agent to Sell the Property

Don Simpson

TRI-CAL REALTY License #589734 Listed on: 08/25/2017

Last Buyer's Agent

Alma Flores

Miramar Realty License #01243766

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.39

Parking

  • 10 Car Parking Spaces
  • Uncovered Parking

Additional Features

  • 1-Story Property
  • 17,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 01031145

Community Details

Overview

  • 7 Units
  • Lowell Add Subdivision

Building Details

  • Gross Income $47,300
  • Net Operating Income $28,849

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0.39 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1949
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking: 10.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat,Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 17000.00
  • Parcel #: 01031145

Multi Family

  • Total Annual Expense: 10000.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 7
  • Annual Gross Income: 47300.00
  • Property Net Operating Income: 28849.00

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
Aug 25, 2017
Closed on
Dec 18, 2017
Sold by
Simpson Donald and Simpson Marilyn
Bought by
Seller's Agent
Don Simpson
TRI-CAL REALTY
Buyer's Agent
Alma Flores
Miramar Realty
List Price
$435,000
Sold Price
$400,000
Premium/Discount to List
-$35,000
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$82,296
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2016
Sold by
Simpson Marilyn K and Simpson Donald E
Bought by
Simpson Donald E and Simpson Marilyn K

Purchase Details

Closed on
Sep 26, 2007
Sold by
Simpson Donald E and Simpson Marilyn K
Bought by
Simpson Marilyn K and Simpson Donald E

Purchase Details

Closed on
Dec 20, 2004
Sold by
Poteete Janet R
Bought by
Simpson Donald E and Simpson Marilyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back
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
$350,000 Placer Title Co
Simpson Donald E -- Chicago Title Company
Simpson Marilyn K -- First American Title Company
Simpson Donald E $265,000 Chicago 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
Open $100,000
Previous Owner Simpson Donald E $215,000
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
12/20/2017 12/20/17 Sold $400,000 -8.0% --
11/20/2017 11/20/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $435,000 -- --
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 $3,213 $182,206 $113,735 $68,471
2025 $3,160 $178,634 $111,505 $67,129
2024 $3,160 $175,132 $109,319 $65,813
2023 $3,096 $171,699 $107,176 $64,523
2022 $3,012 $168,333 $105,075 $63,258
2021 $3,058 $165,033 $103,015 $62,018
2020 $3,021 $163,342 $101,959 $61,383
2019 $2,954 $163,342 $101,959 $61,383
2018 $2,884 $157,000 $98,000 $59,000
2017 $2,292 $156,833 $46,343 $110,490
2016 $2,098 $153,759 $45,435 $108,324
2015 $2,087 $151,450 $44,753 $106,697
2014 $2,020 $148,484 $43,877 $104,607
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21709558

Bakersfield Association of REALTORS® / GEMLS

APN: 010-311-45-00-1

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