NOT LISTED FOR SALE

Estimated Value: $194,093 - $332,000

2 Beds
2 Baths
960 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $260,000 $271 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,737/month

136 Days on Market

About This Home

As of December 2023

Investment Opportunity! Two units both 1 bed. 1 bath. Upper unit has long time renter, Lower unit vacant and rehabbed recently. Both units share a laundry room. Do not miss this opportunity to add this property to your portfolio!

Last Agent to Sell the Property

Kevin Oliver

eXp Realty of California Inc License #01917843 Listed on: 08/05/2023

eXp Realty of California Inc

Last Buyer's Agent

Kevin Oliver

eXp Realty of California Inc License #01917843 Listed on: 08/05/2023

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 01026008

Community Details

Overview

  • 2 Units
  • Lowell Addition Subdivision

Building Details

  • Gross Income $20,400
  • Net Operating Income $12,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1938
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 960.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 8276.00
  • Parcel #: 01026008

Multi Family

  • Total Annual Expense: 7500.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Annual Gross Income: 20400.00
  • Property Net Operating Income: 12900.00

MLS Schools

  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Dec 26, 2023
Sold by
Lee Huilin
Bought by
Powell Holding Group Llc and Grazing With Daisy Llc
Seller's Agent
Kevin Oliver
eXp Realty of California Inc
Buyer's Agent
Kevin Oliver
eXp Realty of California Inc
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Views
331
Current Estimated Value
$264,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,023
Avg. Annual Appreciation
0.76%

Purchase Details

Listed on
Apr 17, 2018
Closed on
Mar 4, 2019
Sold by
Saheb Shaik M
Bought by
Lee Huilin
Seller's Agent
Glen Dobbs
Dobbs Realty Group & Associate
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.98%

Purchase Details

Closed on
Oct 14, 2010
Sold by
Mohammed Nazmuddin
Bought by
Saheb Shaik M and Robertson Keitha J

Purchase Details

Closed on
Feb 25, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Mohammed Nazmuddin

Purchase Details

Closed on
May 1, 2008
Sold by
Rodriguez Simon
Bought by
Deutsche Bank National Trust Co and Jp Morgan Chase Bank Na Jpmac 2007-Ch3

Purchase Details

Closed on
Feb 11, 2004
Sold by
Valdez Trinidad
Bought by
Valdez Helen A

Purchase Details

Closed on
Oct 21, 2003
Sold by
Vance Susan K and Valdez Helen A
Bought by
Rodriguez Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2003
Sold by
Guevara Oscar Munoz
Bought by
Vance Susan K and Valdez Helen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 1995
Sold by
Munoz Maria Matilde
Bought by
Guevara Oscar Munoz

Purchase Details

Closed on
Aug 2, 1995
Sold by
Jackson Robert and Jackson Ruth
Bought by
Guevara Oscar Munoz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,632
Interest Rate
7.37%
Mortgage Type
FHA
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
Powell Holding Group Llc $260,000 Lennar Title
Lee Huilin $100,000 North American Title Co
Saheb Shaik M -- Calatlantic Title
Saheb Shaik M $25,000 Fidelity Title Company
Mohammed Nazmuddin $40,000 Chicago Title Company
Deutsche Bank National Trust Co $168,000 First American Title
Valdez Helen A -- Ticor Title
Rodriguez Simon $90,000 Ticor Title
Vance Susan K -- Ticor Title
Vance Susan K -- --
Guevara Oscar Munoz -- First American Title Ins Co
Guevara Oscar Munoz $45,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Simon $85,500
Previous Owner Guevara Oscar Munoz $44,632
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2023 12/27/23 Sold $260,000 -1.9% $271 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $265,000 +165.0% $276 / Sq Ft
03/08/2019 03/08/19 Sold $100,000 -9.1% $104 / Sq Ft View Prior Sale
02/06/2019 02/06/19 Pending -- -- --
04/17/2018 04/17/18 For Sale $110,000 -- $115 / 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 $4,296 $265,200 $45,900 $219,300
2024 $4,296 $260,000 $45,000 $215,000
2023 $2,458 $107,216 $37,525 $69,691
2022 $2,376 $105,115 $36,790 $68,325
2021 $2,191 $103,055 $36,069 $66,986
2020 $2,124 $102,000 $35,700 $66,300
2019 $1,223 $29,279 $11,711 $17,568
2018 $1,202 $28,144 $11,257 $16,887
2017 $1,188 $27,593 $11,037 $16,556
2016 $1,147 $27,053 $10,821 $16,232
2015 $1,129 $26,648 $10,659 $15,989
2014 $1,096 $26,127 $10,451 $15,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202306622

Bakersfield Association of REALTORS® / GEMLS

APN: 010-260-08-00-3