Seller's Agent in 2021
Adam Belter
Coldwell Banker Preferred,RLT
(661) 205-7078
2 in this area
274 Total Sales
1618 Terrace Way Unit ABC Bakersfield, CA 93304
Southgate NeighborhoodEstimated Value: $478,000 - $528,405
4
Beds
1
Bath
2,213
Sq Ft
$232/Sq Ft
Est. Value
About This Home
As of December 2021Amazing addition to any rental portfolio OR great potential for a live in one and subsidize your mortgage! These units have been loved on and it shows! This property features a 2 bedroom, 2 bathroom main home that is detached and has central air/heat, its own laundry room, 1 car garage and own back/front yard space. There is additionally a duplex with identical 1 bedroom, 1 bathroom units that each have window coolers as well as wall heater, the duplex shares a gated back yard as well as a laundry room with spaces for two individual stackable washer and dryer units. Each of these units also have single car garages. These units shouldn't last long.
Last Agent to Sell the Property
Coldwell Banker Preferred,RLT License #01896162 Listed on: 11/03/2021
Last Buyer's Agent
Coldwell Banker Preferred,RLT License #01896162 Listed on: 11/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,142
Year Built
- Built in 1935
Lot Details
- 9,882 Sq Ft Lot
Interior Spaces
- 2,213 Sq Ft Home
- 1-Story Property
Schools
- Evergreen Elementary School
- Sequoia Middle School
- West High School
Listing and Financial Details
- Assessor Parcel Number 01111219
Community Details
Overview
- 3 Units
- The Virginia Tract Subdivision
Building Details
- Gross Income $36,600
- Net Operating Income $29,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $432,500 | +8.2% | $195 / Sq Ft |
| 11/17/2021 11/17/21 | Pending | -- | -- | -- |
| 11/03/2021 11/03/21 | For Sale | $399,900 | -- | $181 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History Compared to Growth
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 | $7,142 | $458,440 | $74,284 | $384,156 |
| 2024 | $6,987 | $449,452 | $72,828 | $376,624 |
| 2023 | $6,987 | $440,640 | $71,400 | $369,240 |
| 2022 | $6,819 | $432,000 | $70,000 | $362,000 |
| 2021 | $2,875 | $120,406 | $24,077 | $96,329 |
| 2020 | $2,875 | $119,173 | $23,831 | $95,342 |
| 2019 | $2,724 | $119,173 | $23,831 | $95,342 |
| 2018 | $2,670 | $114,547 | $22,906 | $91,641 |
| 2017 | $2,647 | $112,302 | $22,457 | $89,845 |
| 2016 | $2,497 | $110,101 | $22,017 | $88,084 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Belter
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202111927
APN: 011-112-19-00-2
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Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.
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