NOT LISTED FOR SALE

1502 Oregon St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $418,498 - $543,000

8 Beds
1 Bath
3,060 Sq Ft
$151/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $290,000 $95 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,927/month

400 Days on Market

About This Home

As of December 2020

Decent and stable fourplex. Consists of a 4 2 bedroom 1 bath units. 4 storage rooms and a laundry room currently not in use.

Last Agent to Sell the Property

Steve Rangel

MRM and Associates, Realtors License #01356820 Listed on: 10/14/2019

Last Buyer's Agent

Taha Rashik

Keller Williams Realty License #01881689

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,550 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,060 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 01513018

Community Details

Overview

  • 4 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $327,000
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3060.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered, Other

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater,Other

Lot Info

  • Lot Size Sq Ft: 7550.00
  • Parcel #: 01513018

Multi Family

  • Total Annual Expense: 1200.00
  • Vacancy Factor: 0.02
  • Number Of Units Total: 4
  • Annual Gross Income: 327000.00
  • Property Net Operating Income: 31200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Nov 30, 2020
Sold by
Nielsen Rachael Erin
Bought by
Mirza Abed Baig and Mirza Ameena Syeda
Seller's Agent
Steve Rangel
MRM and Associates, Realtors
Buyer's Agent
Taha Rashik
Keller Williams Realty
List Price
$299,999
Sold Price
$290,000
Premium/Discount to List
-$9,999
-3.33%
Current Estimated Value
$462,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,625
Avg. Annual Appreciation
9.69%
Original Mortgage
$217,471
Outstanding Balance
$193,614
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$269,011

Purchase Details

Listed on
May 16, 2014
Closed on
Aug 8, 2014
Sold by
Nielsen Warren C
Bought by
Nielsen Rachael Erin
Seller's Agent
Jose Chavez
South Pacific Commercial RE
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$185,000
Sold Price
$179,000
Premium/Discount to List
-$6,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$134,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 30, 2014
Sold by
Navarrete Aurelia F and Navarrette Family Trust
Bought by
Nielsen Rachael Erin
Seller's Agent
Jose Chavez
South Pacific Commercial RE
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$185,000
Sold Price
$179,000
Premium/Discount to List
-$6,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2006
Sold by
Navarrete Eliseo and Navarrete Aurelia
Bought by
Navarrete Eliseo A and Navarrete Aurelia F

Purchase Details

Closed on
Mar 10, 1999
Sold by
Kreutzer Delores L Living Tr and Louise Delores
Bought by
Navarrete Elisio and Navarrete Aurelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,450
Interest Rate
7.51%

Purchase Details

Closed on
May 19, 1994
Sold by
Kreutzer Delores Louise
Bought by
Kreutzer Delores Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,100
Interest Rate
4.25%
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
Mirza Abed Baig $290,000 Clearmark Title
Nielsen Rachael Erin -- Chicago Title Company
Nielsen Rachael Erin $179,000 Chicago Title Company
Navarrete Eliseo A -- None Available
Navarrete Elisio $73,500 Chicago Title Co
Kreutzer Delores Louise -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirza Abed Baig $217,471
Previous Owner Nielsen Rachael Erin $134,250
Previous Owner Navarrete Elisio $51,450
Previous Owner Kreutzer Delores Louise $61,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2020 12/17/20 Sold $290,000 -3.3% $95 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $299,999 +67.6% $98 / Sq Ft
08/25/2014 08/25/14 Sold $179,000 -3.2% $58 / Sq Ft View Prior Sale
07/26/2014 07/26/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $185,000 -- $60 / 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 $6,092 $313,903 $54,121 $259,782
2024 $6,092 $307,749 $53,060 $254,689
2023 $5,944 $301,716 $52,020 $249,696
2022 $5,765 $295,800 $51,000 $244,800
2021 $5,384 $290,000 $50,000 $240,000
2020 $4,332 $196,705 $38,460 $158,245
2019 $4,079 $196,705 $38,460 $158,245
2018 $3,996 $189,068 $36,967 $152,101
2017 $3,963 $185,362 $36,243 $149,119
2016 $3,719 $181,729 $35,533 $146,196
2015 $3,680 $179,000 $35,000 $144,000
2014 $2,634 $92,142 $17,546 $74,596
Source: Public Records

Agents Affiliated with this Home

  • Steve Rangel

    Seller's Agent in 2020

    Steve Rangel

    MRM and Associates, Realtors

    (818) 421-6668

    3 in this area

    26 Total Sales

    Steve Rangel
    Section Image

  • T

    Buyer's Agent in 2020

    Taha Rashik

    Keller Williams Realty

    (661) 456-0786

    11 Total Sales

    Taha Rashik
    Section Image
  • Jose Chavez

    Seller's Agent in 2014

    Jose Chavez

    South Pacific Commercial RE

    (661) 599-3138

    4 Total Sales

    Jose Chavez
    Section Image

  • N

    Buyer's Agent in 2014

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21912152

Bakersfield Association of REALTORS® / GEMLS

APN: 015-130-18-00-9

California Kern County Bakersfield 93305 East Bakersfield

1502 Oregon 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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