NOT LISTED FOR SALE
-- Bed
-- Bath
4,295 Sq Ft
6,098 Sq Ft Lot

Last Sold November 06, 2019

Last sale price $408,000 $95 Per Sq Ft

18 Days on Market

About This Home

As of November 2019

Opportunity knocks!! 5 units with full basement. Convert and add more units. Located in an area of downtown development and the Courthouse. Lots of potential, bring your imagination and tools. Conventional, Cash, VA or hard money OK. Possibly FHA 203K to add units, etc., check with lender.

Last Agent to Sell the Property

Debra McTaggart

Epique Realty License #01930648 Listed on: 09/19/2019

Epique Realty

Last Buyer's Agent

John Fugate

Watson Realty License #01338610

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,098 Sq Ft Lot

Interior Spaces

  • 4,295 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Car Garage
  • Uncovered Parking

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00646003

Community Details

Overview

  • 5 Units
  • Stark Subdivision

Building Details

  • Gross Income $44,700
  • Net Operating Income $36,045

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1922
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4295.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered
  • Garages: 1

Utilities

  • Heatcool: Central AC,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Parcel #: 00646003

Multi Family

  • Total Annual Expense: 8655.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 5
  • Annual Gross Income: 44700.00
  • Property Net Operating Income: 36045.00

MLS Schools

  • Elementary School: Franklin

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2019 11/06/19 Sold $408,000 -9.3% $95 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $449,900 +130.7% $105 / Sq Ft
10/26/2016 10/26/16 Sold $195,000 -13.3% $45 / Sq Ft View Prior Sale
09/26/2016 09/26/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $225,000 -- $52 / 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 $6,765 $446,203 $71,084 $375,119
2024 $6,765 $437,455 $69,691 $367,764
2023 $6,610 $428,878 $68,325 $360,553
2022 $6,458 $420,470 $66,986 $353,484
2021 $6,167 $412,226 $65,673 $346,553
2020 $6,069 $408,000 $65,000 $343,000
2019 $3,527 $201,629 $53,060 $148,569
2018 $3,466 $193,800 $51,000 $142,800
2017 $3,459 $190,000 $50,000 $140,000
2016 $2,620 $132,415 $27,803 $104,612
2015 $2,600 $130,427 $27,386 $103,041
2014 $2,532 $127,873 $26,850 $101,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21911155

Bakersfield Association of REALTORS® / GEMLS