NOT LISTED FOR SALE

Estimated Value: $251,005 - $339,000

6 Beds
1 Bath
1,596 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $250,000 $157 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,005/month

35 Days on Market

Highlights

  • Heated Floors
  • Central Air
  • 1-Story Property

About This Home

As of May 2024

Investment opportunity to expand your rental portfolio. This property is 2 homes on 1 lot.

Last Agent to Sell the Property

Debra Merrick

Miramar International Calloway License #01963317 Listed on: 03/28/2024

Last Buyer's Agent

Flavio Perez

Open Door Real Estate License #01965640

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,696

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Penn Elementary School
  • Curran Middle School
  • Bakersfield High School

Utilities

  • Central Air
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00719711

Community Details

Overview

  • 2 Units
  • The Southern Addition Subdivision

Building Details

  • Gross Income $19,200
  • Net Operating Income $15,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,696

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1957
  • Building Stories: 1
  • Deposit Amount Required: 4000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1596.00

Exterior Features

  • Roof: Composition
  • Disclosures: Probate

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Evaporative, Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Curran

Lot Info

  • Zoning Description: Two Separate Residents on One Parcel
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 00719711

Multi Family

  • Total Annual Expense: 4185.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 19200.00
  • Property Net Operating Income: 15015.00

MLS Schools

  • Elementary School: Penn, William

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 6, 2024
Sold by
Alvarez Toribio R and Alvarez Toribio
Bought by
Carney Rosemary
Seller's Agent
Debra Merrick
Miramar International Calloway
Buyer's Agent
Flavio Perez
Open Door Real Estate
List Price
$425,000
Sold Price
$250,000
Premium/Discount to List
-$175,000
-41.18%
Views
27
Current Estimated Value
$296,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,251
Avg. Annual Appreciation
1.78%
Original Mortgage
$175,000
Outstanding Balance
$172,865
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$82,673
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
Carney Rosemary $250,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carney Rosemary $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $250,000 -23.1% $157 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $325,000 -23.5% $204 / Sq Ft
03/28/2024 03/28/24 For Sale $425,000 -- $266 / 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 $4,696 $255,000 $40,800 $214,200
2024 $4,696 $294,000 $40,000 $254,000
2023 $4,185 $262,685 $65,666 $197,019
2022 $4,185 $257,535 $64,379 $193,156
2021 $3,981 $252,486 $63,117 $189,369
2020 $3,911 $249,898 $62,470 $187,428
2019 $3,834 $249,898 $62,470 $187,428
2018 $3,748 $240,196 $60,046 $180,150
2017 $3,725 $235,487 $58,869 $176,618
2016 $3,426 $230,870 $57,715 $173,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202402985

Bakersfield Association of REALTORS® / GEMLS

APN: 007-197-11-00-6