Seller's Agent in 2021
Esteban Contreras
Watson Realty
(661) 617-0074
12 in this area
134 Total Sales
Estimated Value: $386,000 - $518,000
5
Beds
2
Baths
2,684
Sq Ft
$161/Sq Ft
Est. Value
About This Home
As of October 2021We are honored to present for sale this never before listed mixed used, multi-family property. Featuring a two (2) bedroom, one (1) bathroom home, & two one (1) bedroom, one (1) bathroom units, the offering includes retail/office tenants & one (1) residential tenant. This is the perfect for any savvy investor looking for an opportunity to acquire a value-add project with rental upsides surpassing 20%!! Located in Bakersfield's fastest growing hubs, the Downtown Market is known to have the lowest vacancy rates in town and will be a great asset to any investors portfolio, small or large.
Last Agent to Sell the Property
Watson Realty License #01975384 Listed on: 08/12/2021
Last Buyer's Agent
Non-Member Non-Member
Non-Member Office
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 7,840
Interior Spaces
- 2,684 Sq Ft Home
- 2-Story Property
Schools
- Downtown Elementary School
- Bakersfield High School
Additional Features
- 7,840 Sq Ft Lot
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 01029001
Community Details
Overview
- 3 Units
- Heck Subdivision
Building Details
- Gross Income $29,280
- Net Operating Income $21,057
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2021
Closed on
Oct 6, 2021
Sold by
Bought by
Seller's Agent
Esteban Contreras
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$344,999
Sold Price
$340,000
Premium/Discount to List
-$4,999
-1.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,347
Avg. Annual Appreciation
5.24%
Original Mortgage
$272,000
Interest Rate
0.028%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $340,000 | Placer Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $272,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $340,000 | -1.4% | $127 / Sq Ft |
| 09/18/2021 09/18/21 | Pending | -- | -- | -- |
| 08/12/2021 08/12/21 | For Sale | $344,999 | -- | $129 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,943 | $360,810 | $53,060 | $307,750 |
| 2024 | $4,836 | $353,736 | $52,020 | $301,716 |
| 2023 | $4,836 | $346,800 | $51,000 | $295,800 |
| 2022 | $4,737 | $340,000 | $50,000 | $290,000 |
| 2021 | $2,385 | $136,721 | $32,155 | $104,566 |
| 2020 | $2,316 | $135,320 | $31,826 | $103,494 |
| 2019 | $2,283 | $135,320 | $31,826 | $103,494 |
| 2018 | $2,242 | $130,067 | $30,591 | $99,476 |
| 2017 | $2,237 | $127,518 | $29,992 | $97,526 |
| 2016 | $2,079 | $125,018 | $29,404 | $95,614 |
| 2015 | $993 | $43,000 | $11,000 | $32,000 |
| 2014 | $976 | $43,000 | $11,000 | $32,000 |
Source: Public Records
Agents Affiliated with this Home
-
Esteban Contreras
-
Eric Van Denk
Seller Co-Listing Agent in 2021
Eric Van Denk
Central Valley Property Adviso
(419) 206-7117
16 in this area
275 Total Sales
-
N
Buyer's Agent in 2021
Non-Member Non-Member
Non-Member Office
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202108825
APN: 010-290-01-00-1
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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