NOT LISTED FOR SALE

Estimated Value: $317,000 - $385,000

6 Beds
2 Baths
2,626 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $300,000 $114 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,540/month

32 Days on Market

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of June 2024

Investment opportunity to expand your rental portfolio. This is a 4-plex.

Last Agent to Sell the Property

Debra Merrick

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

Last Buyer's Agent

Blodgie Rodriguez

Paramount Real Estate License #01439791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,883

Year Built

  • Built in 1920

Lot Details

  • 8,276

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 2,626 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

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

Additional Features

  • 8,276 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00719710

Community Details

Overview

  • 4 Units
  • Southern Add Bakersfield Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $24,657

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,883

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Building Stories: 1
  • Deposit Amount Required: 4000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2626.00

Exterior Features

  • Roof: Composition
  • Disclosures: Probate

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

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

Lot Info

  • Zoning Description: R-3
  • Lot Size Sq Ft: 8276.00
  • Parcel #: 00719710

Multi Family

  • Total Annual Expense: 4143.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 24657.00

MLS Schools

  • Elementary School: Penn, William

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jun 3, 2024
Sold by
Alvarez Elizabeth
Bought by
Lara Stephanie Y and Alvarez Toribio
Seller's Agent
Debra Merrick
Miramar International Calloway
Buyer's Agent
Blodgie Rodriguez
Paramount Real Estate
List Price
$480,000
Sold Price
$300,000
Premium/Discount to List
-$180,000
-37.5%
Views
53
Current Estimated Value
$345,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,667
Avg. Annual Appreciation
12.44%
Original Mortgage
$225,000
Outstanding Balance
$222,597
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$122,736

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 29, 2024
Sold by
Alvarez Toribio R and Alvarez Toribio
Bought by
Padilla Abran
Seller's Agent
Debra Merrick
Miramar International Calloway
Buyer's Agent
Blodgie Rodriguez
Paramount Real Estate
List Price
$480,000
Sold Price
$300,000
Premium/Discount to List
-$180,000
-37.5%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$222,597
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$122,736
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
Lara Stephanie Y -- Ticor Title
Padilla Abran $300,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Abran $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $300,000 -14.3% $114 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $350,000 -27.1% $133 / Sq Ft
03/28/2024 03/28/24 For Sale $480,000 -- $183 / 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 $7,883 $479,400 $102,000 $377,400
2024 $7,883 $460,000 $100,000 $360,000
2023 $4,299 $162,293 $39,662 $122,631
2022 $4,143 $159,112 $38,885 $120,227
2021 $3,778 $155,993 $38,123 $117,870
2020 $3,646 $154,395 $37,733 $116,662
2019 $3,578 $154,395 $37,733 $116,662
2018 $3,508 $148,402 $36,269 $112,133
2017 $3,476 $145,493 $35,558 $109,935
2016 $3,281 $142,641 $34,861 $107,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202402962

Bakersfield Association of REALTORS® / GEMLS

APN: 007-197-10-00-3