NOT LISTED FOR SALE

Estimated Value: $257,000 - $294,000

4 Beds
1 Bath
1,760 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $199,000 $113 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,771/month

216 Days on Market

About This Home

As of December 2021

Attention investors! Tremendous cash-flow property that is an easy turn-key add to your portfolio! *DO NOT DISTURB TENANTS*. Fully occupied 2-unit property with solid long-term tenants in North-East Bakersfield with easy access to schools, parks, restaurants, and employment. Great rental area with very low vacancy. Each unit is 2-bedrooms , 1-bath. Regular sale. Property to be sold in as-is, where-is, with all faults condition. Buyer to verify all information. Quick response on all offers!

Last Agent to Sell the Property

Tara Alvarez

Miramar International-Riverwal License #01274779 Listed on: 04/12/2021

Last Buyer's Agent

Tara Alvarez

Miramar International-Riverwal License #01274779 Listed on: 04/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 1915

Lot Details

  • 4,528 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property

Schools

  • Jefferson Bak Elementary School
  • Stiern Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 01327017

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $13,368
  • Net Operating Income $10,848

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,673

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1915
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 1760.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 4528.00
  • Parcel #: 01327017

Multi Family

  • Total Annual Expense: 2520.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 13368.00
  • Property Net Operating Income: 10848.00

MLS Schools

  • Elementary School: Jefferson_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Dec 8, 2021
Sold by
Ccvhrp I Llc
Bought by
Jnn Real Estate Llc
Seller's Agent
Tara Alvarez
Miramar International-Riverwal
Buyer's Agent
Tara Alvarez
Miramar International-Riverwal
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$265,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,197
Avg. Annual Appreciation
8.71%
Original Mortgage
$1,000,000
Interest Rate
2.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 2013
Sold by
Minter Tyrus
Bought by
Ccvhrp1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2010
Sold by
Federal National Mortgage Association
Bought by
Minter Tyrus

Purchase Details

Closed on
Feb 25, 2009
Sold by
Nicholas Michael and Nicholas Delores
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 3, 2006
Sold by
Amaya Nicolas
Bought by
Nicholas Michael and Nicholas Delores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1997
Sold by
Stewart Ronald W and Stewart Doris F
Bought by
Amaya Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,028
Interest Rate
7.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Jnn Real Estate Llc $199,000 All California T&E Co
Ccvhrp1 Llc $91,500 Chicago Title Company
Minter Tyrus $73,500 Multiple
Minter Tyrus -- Fidelity Natl Title Ins Co
Federal National Mortgage Association $219,226 Landsafe Title
Nicholas Michael $245,000 Chicago Title Company
Amaya Nicolas $48,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ccvhrp I Llc $1,000,000
Previous Owner Ccvhrp I Llc $3,159,059
Previous Owner Ccvhrp1 Llc $3,000,000
Previous Owner Nicholas Michael $196,000
Previous Owner Amaya Nicolas $82,000
Previous Owner Amaya Nicolas $49,028
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2021 12/14/21 Sold $199,000 0.0% $113 / Sq Ft
11/14/2021 11/14/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $199,000 -- $113 / 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 $3,673 $211,179 $47,754 $163,425
2024 $3,588 $207,039 $46,818 $160,221
2023 $3,588 $202,980 $45,900 $157,080
2022 $3,490 $199,000 $45,000 $154,000
2021 $2,096 $95,123 $16,984 $78,139
2020 $2,536 $94,148 $16,810 $77,338
2019 $1,991 $94,148 $16,810 $77,338
2018 $1,951 $90,494 $16,158 $74,336
2017 $1,934 $88,721 $15,842 $72,879
2016 $1,904 $94,749 $15,532 $79,217
2015 $1,885 $93,327 $15,299 $78,028
2014 $1,826 $91,500 $15,000 $76,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202103947

Bakersfield Association of REALTORS® / GEMLS

APN: 013-270-17-00-3