NOT LISTED FOR SALE

1320 Flower St Unit AD Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $567,000 - $574,000

2 Beds
1 Bath
3,432 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 14, 2013

Last sale price $150,000 $44 Per Sq Ft

Est. 280% increase in value since last sale

Current estimated payment $3,602/month

58 Days on Market

About This Home

As of January 2013

Cash flow! Not a short sale, flip or REO. This fourplex features 4 2/1 units. Property has been rehabbed and can be an excellent investment for a sophisticated buyer.

Last Agent to Sell the Property

Raju Jassar

Real Estate Professionals License #01186633 Listed on: 10/18/2012

Last Buyer's Agent

Raju Jassar

Real Estate Professionals License #01186633 Listed on: 10/18/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 7,556

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Car Parking Spaces
  • Uncovered Parking

Schools

  • East High School

Additional Features

  • 7,556 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 12710018

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $30,480
  • Net Operating Income $22,708

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1984
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3432.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC

Schools

  • High School: East
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Lot Size Sq Ft: 7556.00
  • Parcel #: 12710018

Multi Family

  • Total Annual Expense: 7772.25
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 30480.00
  • Property Net Operating Income: 22707.75

MLS Schools

  • Elementary School: Other-Outlying

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2017
Sold by
Villa Roberto and Villa Silvia
Bought by
Johorian Talin and Johorian Tamar
Current Estimated Value
$569,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$141,809
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$427,709

Purchase Details

Closed on
Nov 2, 2015
Sold by
Rbb2 Llc
Bought by
Villa Roberto and Villa Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2012
Closed on
Jan 10, 2013
Sold by
Hollister Jeffrey L and Hollister Karen
Bought by
Rbb2 Llc
Seller's Agent
Raju Jassar
Real Estate Professionals
Buyer's Agent
Raju Jassar
Real Estate Professionals
List Price
$169,990
Sold Price
$150,000
Premium/Discount to List
-$19,990
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Oct 17, 2011
Sold by
Gelt Group Llc
Bought by
Hollister Jeffrey L and Hollister Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2010
Sold by
Sanchez Oscar C
Bought by
Gelt Group Llc

Purchase Details

Closed on
May 7, 2009
Sold by
Sanchez Karen Y
Bought by
Sanchez Oscar C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2008
Sold by
Lopez Luis
Bought by
Aurora Loan Services

Purchase Details

Closed on
Sep 26, 2004
Sold by
Nilon John and John Nilon Revocable Living Tr
Bought by
Lopez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Nilon John and Nilon Robin
Bought by
Nilon John and The John Nilon Revocable Livin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Giumarra Joseph J and Vanhorn Gloria Jean
Bought by
Nilon John and Nilon Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2002
Sold by
Giumarra Glorianna
Bought by
Giumarra Joseph R

Purchase Details

Closed on
Dec 9, 1995
Sold by
Giumarra Johanna M and Giumarra Joseph R
Bought by
Giumarra Joseph R and Giumarra Glorianna
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
Johorian Talin $299,500 Stewart Title Of Ca Inc
Villa Roberto $232,500 Chicago Title Company
Rbb2 Llc $148,000 Placer Title
Hollister Jeffrey L $159,000 First American Title Company
Gelt Group Llc $134,500 Chicago Title Company
Sanchez Oscar C -- First American Title Company
Sanchez Oscar C $124,000 First American Title Company
Aurora Loan Services $265,800 None Available
Lopez Luis $285,000 Stewart Title
Nilon John -- Stewart Title
Nilon John $834,000 First American Title Co
Giumarra Joseph R -- --
Giumarra Joseph R -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johorian Talin $170,000
Previous Owner Villa Roberto $162,750
Previous Owner Hollister Jeffrey L $116,250
Previous Owner Sanchez Oscar C $93,000
Previous Owner Lopez Luis $228,000
Previous Owner Nilon John $100,500
Closed Lopez Luis $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2013 01/14/13 Sold $150,000 -11.8% $44 / Sq Ft
12/15/2012 12/15/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $169,990 -- $50 / 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 $7,418 $341,344 $39,821 $301,523
2024 $7,418 $334,652 $39,041 $295,611
2023 $7,182 $328,091 $38,276 $289,815
2022 $6,746 $321,659 $37,526 $284,133
2021 $6,374 $315,353 $36,791 $278,562
2020 $6,220 $312,120 $36,414 $275,706
2019 $6,020 $312,120 $36,414 $275,706
2018 $5,857 $300,000 $35,000 $265,000
2017 $5,089 $236,640 $35,700 $200,940
2016 $3,540 $153,951 $36,406 $117,545
2015 $3,538 $151,640 $35,860 $115,780
2014 $3,453 $148,671 $35,158 $113,513
Source: Public Records

Agents Affiliated with this Home

  • Raju Jassar

    Seller's Agent in 2013

    Raju Jassar

    Real Estate Professionals

    (661) 978-7258

    22 Total Sales

    Raju Jassar
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21210804

Bakersfield Association of REALTORS® / GEMLS

APN: 127-100-18-00-6

California Kern County Bakersfield 93305 East Bakersfield

1320 Flower St Unit AD, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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