NOT LISTED FOR SALE

1408 E 9th St Bakersfield, CA 93307

Lakeview Neighborhood

Estimated Value: $316,378 - $370,000

6 Beds
4 Baths
2,186 Sq Ft
$159/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $205,000 $94 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,988/month

29 Days on Market

About This Home

As of April 2019

Great East Bakersfield Duplex built in 2005, both units are 3 bedrooms / 2 bathrooms! These units are very roomy and desirable. Unit A is downstairs and is freshly refurbished with new cabinetry and granite counter tops, they pay $850. Upstairs B long-term tenant pays $800 .. These size units should be able to get $900+ rents: Central air/heating units, Block wall surrounds the parking area, and both units have their own washer/dryer hookups. Tenants pay their own gas and electric bills:Low owner expenses!

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 03/27/2019

Keller Williams Realty

Last Buyer's Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 03/27/2019

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 6,412 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 2,186 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 01806130

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $19,800
  • Net Operating Income $13,640

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2005
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2186.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 6412.00
  • Parcel #: 01806130

Multi Family

  • Total Annual Expense: 5368.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 2
  • Annual Gross Income: 19800.00
  • Property Net Operating Income: 13640.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jun 10, 2019
Sold by
Tru Llc
Bought by
Truong David Duy
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Current Estimated Value
$347,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,345
Avg. Annual Appreciation
8.21%
Original Mortgage
$143,500
Outstanding Balance
$129,740
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$217,605

Purchase Details

Listed on
Mar 27, 2019
Closed on
Jun 4, 2019
Sold by
Tran Huong
Bought by
Truong David Duy
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Outstanding Balance
$129,740
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$217,605

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 18, 2019
Sold by
Huang Richard and Huang Nancy Hui Wang
Bought by
Tru Llc
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Outstanding Balance
$129,740
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$217,605

Purchase Details

Closed on
Nov 1, 2012
Sold by
Huang Richard and Huang Nancy Hui Wang
Bought by
Huang Richard and Huang Nancy Hui Wang

Purchase Details

Closed on
Jun 6, 2011
Sold by
Federal National Mortgage Association
Bought by
Huang Richard and Huang Nancy

Purchase Details

Closed on
Mar 7, 2011
Sold by
Graydon Foy Simon and Graydon Foy Johanne
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 27, 2007
Sold by
Graydon Foy Simon and Graydon Foy Joanne
Bought by
Graydon Foy Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2005
Sold by
Graydon Foy Simon and Graydon Foy Johanne
Bought by
Graydon Foy Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Foy Graydon
Bought by
Graydon Foy Simon and Graydon Foy Johanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2005
Sold by
D & D Development Enterprises
Bought by
Foy Graydon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
Peters Toni Rae
Bought by
D & D Development Enterprises

Purchase Details

Closed on
Sep 16, 2004
Sold by
Broady Flynn D
Bought by
Broady Marjorie Peters

Purchase Details

Closed on
Sep 8, 2004
Sold by
Peeter O F Elue C and Cuter Evia Naomi
Bought by
Broady Marjorie Peters and Peters Toni Rae
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
Truong David Duy -- Chicago Title Bakersfield
Truong David Duy -- Chicago Title Bakersfield
Tru Llc $205,000 Chicago Title Bakersfield
Huang Richard -- None Available
Huang Richard $53,000 Lawyers Title Company
Federal National Mortgage Association $225,893 Landsafe Title
Graydon Foy Llc -- Accommodation
Graydon Foy Simon -- Multiple
Graydon Foy Llc -- None Available
Graydon Foy Simon -- Alliance Title
Foy Graydon $13,000 Alliance Title
D & D Development Enterprises $13,000 Alliance Title
Peters Toni Rae -- Alliance Title
Broady Marjorie Peters -- Alliance Title
Broady Marjorie Peters -- Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong David Duy $143,500
Previous Owner Graydon Foy Simon $248,500
Previous Owner Graydon Foy Simon $182,000
Previous Owner Foy Graydon $155,089
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2019 04/25/19 Sold $205,000 -4.7% $94 / Sq Ft
03/27/2019 03/27/19 For Sale $215,000 -- $98 / 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 $2,020 $67,890 $25,617 $42,273
2024 $1,963 $66,560 $25,115 $41,445
2023 $1,963 $65,256 $24,623 $40,633
2022 $1,888 $63,978 $24,141 $39,837
2021 $1,707 $62,724 $23,668 $39,056
2020 $1,642 $62,082 $23,426 $38,656
2019 $1,611 $62,081 $23,426 $38,655
2018 $1,581 $59,672 $22,517 $37,155
2017 $1,566 $58,503 $22,076 $36,427
2016 $1,486 $57,357 $21,644 $35,713
2015 $1,467 $56,496 $21,319 $35,177
2014 $1,423 $55,390 $20,902 $34,488
Source: Public Records

Agents Affiliated with this Home

  • Philip Jordan

    Seller's Agent in 2019

    Philip Jordan

    Keller Williams Realty

    (805) 453-8353

    4 in this area

    134 Total Sales

    Philip Jordan
    Section Image

  • N

    Buyer Co-Listing Agent in 2019

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21903500

Bakersfield Association of REALTORS® / GEMLS

APN: 018-061-30-00-1

California Kern County Bakersfield 93307 Lakeview

1408 E 9th St, 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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