NOT LISTED FOR SALE

1321 Reddick Ln Bakersfield, CA 93312

Greenacres Neighborhood

Estimated Value: $841,000 - $997,000

8 Beds
4 Baths
3,136 Sq Ft
$293/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $581,815 $186 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,618/month

14 Days on Market

Highlights

  • Central Air
  • American Elementary School Rated A-
  • 1-Story Property

About This Home

As of February 2018

Rare opportunity!!! Highly sought after 4plex in Northwest Bakersfield near Liberty High School. Location, location, location!! NO HOA FEES!!! High tenant demand with top quality tenants. All units are 2 bedrooms, 1 bath with laundry hookups and 1 car garage with plenty of room for additional parking. Built in 2002, this property is closed to restaurants, shopping, freeway access and award winning schools. Fully occupied. Rents are at $925-$950 some neighboring apartments are being upgraded and getting rents in the $1100-$1200 range. Extremely low vacancy factor.

Last Agent to Sell the Property

Adriana aguirre

Open Door Real Estate License #01937258 Listed on: 02/08/2018

Last Buyer's Agent

Jacob Miller

Miramar Realty License #01458517

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 0.25

Parking

  • 4 Car Garage

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property

Schools

  • Rosedale North Elementary School
  • Rosedale Middle School
  • Liberty High School

Additional Features

  • 10,890 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 11041202

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $45,000
  • Net Operating Income $33,729

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2003
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3136.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 12.00
  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC

Schools

  • High School: Liberty
  • Middle Or Junior School: Rosedale

Lot Info

  • Lot Size Sq Ft: 10890.00
  • Parcel #: 11041202

Multi Family

  • Total Annual Expense: 11271.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 45000.00
  • Property Net Operating Income: 33729.00

MLS Schools

  • Elementary School: Rosedale North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Kerry M Finn Revocable Trust and Finn Kerry M
Bought by
Third Beat Llc
Current Estimated Value
$918,583

Purchase Details

Closed on
Mar 25, 2020
Sold by
Finn Kerry Michael and Finn Malia
Bought by
Finn Kerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2018
Closed on
Feb 13, 2018
Sold by
Prado Joseph A and Prado Ruth R
Bought by
Finn Kerry M and The Kerry M Finn Revocable Tru
Seller's Agent
Adriana aguirre
Open Door Real Estate
Buyer's Agent
Jacob Miller
Miramar Realty
List Price
$585,000
Sold Price
$581,815
Premium/Discount to List
-$3,185
-0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
May 11, 2005
Sold by
Prado Joseph Anthony and Prado Ruth
Bought by
Prado Joseph A and Prado Ruth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,750
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2004
Sold by
Prado Joseph A and Prado Ruth R
Bought by
Prado Joseph A and Prado Ruth R

Purchase Details

Closed on
Apr 22, 2003
Sold by
Parkside 88 Corp
Bought by
Prado Joseph Anthony and Prado Ruth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,250
Interest Rate
6.9%
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
Third Beat Llc -- None Listed On Document
Finn Kerry M -- Accommodation
Finn Kerry Michael -- First American Title
Finn Kerry M $582,000 Chicago Title Co
Prado Joseph A -- Chicago Title
Prado Joseph A -- --
Prado Joseph Anthony $385,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finn Kerry M $349,000
Previous Owner Prado Joseph A $373,750
Previous Owner Prado Joseph Anthony $327,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2018 02/22/18 Sold $581,815 -0.5% $186 / Sq Ft
02/08/2018 02/08/18 For Sale $585,000 -- $187 / 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 $9,833 $662,210 $130,848 $531,362
2024 $9,833 $649,227 $128,283 $520,944
2023 $9,605 $636,498 $125,768 $510,730
2022 $9,396 $624,018 $123,302 $500,716
2021 $9,279 $611,784 $120,885 $490,899
2020 $9,014 $605,512 $119,646 $485,866
2019 $8,876 $605,512 $119,646 $485,866
2018 $7,430 $470,000 $94,000 $376,000
2017 $7,435 $470,000 $94,000 $376,000
2016 $7,043 $460,000 $92,000 $368,000
2015 $5,785 $345,000 $52,000 $293,000
2014 $6,072 $376,500 $70,000 $306,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Adriana aguirre

    Open Door Real Estate

    (661) 578-8380

    1 in this area

    47 Total Sales

    Adriana aguirre
    Section Image

  • J

    Buyer's Agent in 2018

    Jacob Miller

    Miramar Realty

    (661) 619-7348

    68 Total Sales

    Jacob Miller
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21801686

Bakersfield Association of REALTORS® / GEMLS

APN: 110-412-02-00-1

California Kern County Bakersfield 93312 Greenacres

1321 Reddick Ln, 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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