NOT LISTED FOR SALE

Estimated Value: $229,000 - $354,000

2 Beds
2 Baths
968 Sq Ft
$288/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $130,000 $134 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,754/month

21 Days on Market

About This Home

As of July 2019

CASH FLOW $1200 Gross Schedule Income per month. This duplex is on a large lot with garages, storage room and laundry room. Drive by the property but do not disturb the tenants.

Last Agent to Sell the Property

Wesley Willingham

New Concept Realty, Inc. License #1258053 Listed on: 06/10/2019

Last Buyer's Agent

Nik Boone

Ascend Real Estate and Propert License #01892266

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,235 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 12712018

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $11,923
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1949
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 968.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Garage
  • Garages: 2

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 6235.00
  • Parcel #: 12712018

Multi Family

  • Total Annual Expense: 2477.15
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Annual Gross Income: 11923.00
  • Property Net Operating Income: 14400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Edwards Invest Llc
Bought by
Cobra 28 No 8 Lp
Current Estimated Value
$278,349

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jun 26, 2019
Sold by
Capella Raymond and Capella Geraldine A
Bought by
Edwards Invest Llc
Seller's Agent
Wesley Willingham
New Concept Realty, Inc.
Buyer's Agent
Nik Boone
Ascend Real Estate and Propert
List Price
$129,950
Sold Price
$130,000
Premium/Discount to List
$50
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%

Purchase Details

Closed on
Dec 14, 2016
Sold by
Capella Raymond C
Bought by
Capella Raymond and Capella Geraldine A

Purchase Details

Closed on
Oct 26, 2006
Sold by
Angress Perry M
Bought by
Angress Perry M and The Angress Family Trust

Purchase Details

Closed on
Aug 10, 2005
Sold by
Capella Geraldine Amelia
Bought by
Capella Raymond C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 28, 2005
Sold by
Masias Rosendo E and Masias Maria Elia Martell
Bought by
Capella Raymond C and Angress Perry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 3, 2001
Sold by
Baxter Virginia and The Elizabeth F Iden Testament
Bought by
Masias Rosendo E and Masias Maria Elia Martell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cobra 28 No 8 Lp $900,000 Placer Title
Edwards Invest Llc $130,000 Chicago Title Bakersfield
Capella Raymond -- None Available
Angress Perry M -- None Available
Capella Raymond C -- Chicago Title
Capella Raymond C $180,000 Chicago Title
Masias Rosendo E $34,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capella Raymond C $144,000
Previous Owner Masias Rosendo E $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $130,000 0.0% $134 / Sq Ft
06/10/2019 06/10/19 For Sale $129,950 -- $134 / 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 $3,592 $150,858 $36,414 $114,444
2024 $3,377 $147,900 $35,700 $112,200
2023 $3,377 $136,651 $31,534 $105,117
2022 $3,158 $133,972 $30,916 $103,056
2021 $2,972 $131,346 $30,310 $101,036
2020 $2,898 $130,000 $30,000 $100,000
2019 $2,041 $66,300 $30,600 $35,700
2018 $1,966 $62,000 $30,000 $32,000
2017 $1,944 $61,605 $30,000 $31,605
2016 $1,588 $55,500 $30,000 $25,500
2015 $1,512 $48,000 $12,000 $36,000
2014 $1,443 $44,000 $11,000 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21906906

Bakersfield Association of REALTORS® / GEMLS

APN: 127-120-18-00-2