NOT LISTED FOR SALE

16365 K St Mojave, CA 93501

Estimated Value: $262,000 - $276,000

1 Bed
1 Bath
2,436 Sq Ft
$110/Sq Ft Est. Value

Last Sold April 07, 2017

Last sale price $90,000 $37 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $1,555/month

28 Days on Market

About This Home

As of April 2017

Attention investors! 4 unit property for sale in Mojave, CA. Fully occupied! Consists of 1 - 2 bed/1 bath and 3 - 1 bed/1 bath units. Can be purchased as a package of 21 total units, call for details. High cap rate and immediate cash flow opportunity!

Last Agent to Sell the Property

Pete Peralta

Miramar Realty License #1307225 Listed on: 03/10/2017

Last Buyer's Agent

Pete Peralta

Miramar Realty License #1307225 Listed on: 03/10/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 7,519 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,436 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 23610222

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $22,800
  • Net Operating Income $11,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

7,519 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1953
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2436.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Lot Info

  • Lot Size Sq Ft: 7519.00
  • Parcel #: 23610222

Multi Family

  • Total Annual Expense: 9000.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 4
  • Annual Gross Income: 22800.00
  • Property Net Operating Income: 11520.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2017
Closed on
May 2, 2017
Sold by
Agarwal Prem P and Agarwal Kanta K
Bought by
Kpam Holdings Llc
Seller's Agent
Pete Peralta
Miramar Realty
Buyer's Agent
Pete Peralta
Miramar Realty
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Current Estimated Value
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,000
Avg. Annual Appreciation
13.01%

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 4, 2017
Sold by
Desert Vista Homes Llc
Bought by
Agarwal Prem P and Agarwal Kanta K
Seller's Agent
Pete Peralta
Miramar Realty
Buyer's Agent
Pete Peralta
Miramar Realty
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%

Purchase Details

Closed on
May 30, 2008
Sold by
Kreigh Rojana
Bought by
Kreigh Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2008
Sold by
Mason Joe J and Mason Family Marital Trust
Bought by
Kreigh Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2008
Sold by
Campbell Sherman
Bought by
Mason Joe J and The Mason Family Marital Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2004
Sold by
Mason Joe J and Mason Family Marital Trust
Bought by
Campbell Sherman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,425
Interest Rate
5.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 10, 1998
Sold by
Mason Joe
Bought by
Mason Joe J and Mason Family Marital Trust

Purchase Details

Closed on
Apr 10, 1997
Sold by
Mason Joe and Mason Eva A
Bought by
Mason Joe J and Mason Eva A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Kpam Holdings Llc -- Accommodation
Agarwal Prem P $180,000 Chicago Title Company
Kreigh Daniel T -- First American Title Company
Kreigh Daniel T $425,000 First American Title Company
Mason Joe J $61,374 None Available
Campbell Sherman $67,500 Fidelity National Title Co
Mason Joe J -- --
Mason Joe J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kreigh Daniel T $275,000
Previous Owner Campbell Sherman $56,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2017 04/07/17 Sold $90,000 -18.2% $37 / Sq Ft
03/10/2017 03/10/17 For Sale $110,000 -- $45 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $1,873 $104,447 $17,406 $87,041
2024 $1,873 $102,400 $17,065 $85,335
2023 $1,906 $100,393 $16,731 $83,662
2022 $1,820 $98,425 $16,403 $82,022
2021 $1,555 $96,496 $16,082 $80,414
2020 $1,437 $95,508 $15,918 $79,590
2019 $1,418 $95,508 $15,918 $79,590
2018 $1,403 $91,800 $15,300 $76,500
2017 $2,274 $161,000 $32,000 $129,000
2016 $1,473 $100,000 $20,000 $80,000
2015 $1,311 $85,000 $13,000 $72,000
2014 $995 $56,000 $10,000 $46,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21703013

Bakersfield Association of REALTORS® / GEMLS

APN: 236-102-22-00-6

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