NOT LISTED FOR SALE

Estimated Value: $202,352 - $253,000

1 Bed
1 Bath
1,240 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 14, 2012

Last sale price $65,000 $52 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $1,318/month

47 Days on Market

About This Home

As of September 2012

Central Bakersfield located duplex. Each unit is a 2 bedroom / 1 bath unit that rents for $550. The property is located just West of the Memorial Hospital campus.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 06/29/2012

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 06/29/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,854 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00228004

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $13,200
  • Net Operating Income $6,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1928
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1240.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 6854.00
  • Parcel #: 00228004

Multi Family

  • Total Annual Expense: 6200.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 13200.00
  • Property Net Operating Income: 6340.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2012
Closed on
Aug 29, 2012
Sold by
Hoss Enterprises Llc
Bought by
Castillo Franklin J and Franklin J Castillo Trust
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$69,950
Sold Price
$65,000
Premium/Discount to List
-$4,950
-7.08%
Current Estimated Value
$218,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,838
Avg. Annual Appreciation
9.50%

Purchase Details

Closed on
Mar 30, 2010
Sold by
Froehlich Signature Homes Inc
Bought by
Hoss Enterprises Llc

Purchase Details

Closed on
Jul 14, 2009
Sold by
Gaither Thomas F
Bought by
One West Bank Fsb and Indymac Bank Fsb

Purchase Details

Closed on
Aug 25, 2005
Sold by
Singh Jasbir and Kaur Gurpreet
Bought by
Gaither Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 12, 2003
Sold by
Munoz Frank J and Munoz Rose
Bought by
Singh Jasbir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castillo Franklin J $65,000 Stewart Title Of California
Hoss Enterprises Llc -- Stewart Title
One West Bank Fsb $36,313 None Available
Gaither Thomas F $200,000 Ticor Title
Singh Jasbir $60,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaither Thomas F $140,000
Previous Owner Singh Jasbir $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2012 09/14/12 Sold $65,000 -7.1% $52 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
06/29/2012 06/29/12 For Sale $69,950 -- $56 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $2,160 $80,031 $24,622 $55,409
2024 $2,101 $78,463 $24,140 $54,323
2023 $2,101 $76,925 $23,667 $53,258
2022 $2,024 $75,417 $23,203 $52,214
2021 $1,842 $73,940 $22,749 $51,191
2020 $1,776 $73,183 $22,516 $50,667
2019 $1,743 $73,183 $22,516 $50,667
2018 $1,709 $70,343 $21,643 $48,700
2017 $1,693 $68,965 $21,219 $47,746
2016 $1,600 $67,613 $20,803 $46,810
2015 $1,582 $66,598 $20,491 $46,107
2014 $1,533 $65,294 $20,090 $45,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21206983

Bakersfield Association of REALTORS® / GEMLS

APN: 002-280-04-00-8