NOT LISTED FOR SALE

Estimated Value: $265,532 - $320,000

2 Beds
2 Baths
1,098 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $182,000 $166 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,849/month

20 Days on Market

About This Home

As of August 2019

Perfect investment opportunity with positive steady cash flow or option to live in one side and rent the other. Each side is 1 bedroom, 1 bath with upstairs loft. Lots of storage. Washer/dryer hookups in each unit. Individual fenced in back yards with parking in back and alley access. Large covered front patio. Possible upside in rental income.

Last Agent to Sell the Property

Corina Swartz

Unknown Broker License #01905002 Listed on: 07/11/2019

Last Buyer's Agent

Corina Swartz

Unknown Broker License #01905002 Listed on: 07/11/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 4,925

Home Design

  • Duplex

Interior Spaces

  • 1,098 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Car Parking Spaces
  • Uncovered Parking

Schools

  • Penn Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 4,925 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00719413

Community Details

Overview

  • 2 Units
  • Southern Add Subdivision

Building Details

  • Gross Income $16,800
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1906
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 1098.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Schools

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

Lot Info

  • Lot Size Sq Ft: 4925.00
  • Parcel #: 00719413

Multi Family

  • Total Annual Expense: 600.00
  • Vacancy Factor: 100.00
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.00
  • Property Net Operating Income: 16200.00

MLS Schools

  • Elementary School: Penn, William

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Jul 29, 2019
Sold by
Escalante Joe and Escalante Joe Alex
Bought by
Coleman Aaron and Juarez Claudia
Seller's Agent
Corina Swartz
Unknown Broker
Buyer's Agent
Corina Swartz
Unknown Broker
List Price
$182,000
Sold Price
$182,000
Current Estimated Value
$297,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,383
Avg. Annual Appreciation
8.04%
Original Mortgage
$136,500
Outstanding Balance
$119,794
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$177,589

Purchase Details

Listed on
Jun 6, 2017
Closed on
Aug 16, 2017
Sold by
Book Tamara and Hartley Tamara
Bought by
Escalante Joe
Seller's Agent
Gayle Young
Unknown Broker
Buyer's Agent
Gayle Young
Unknown Broker
List Price
$149,000
Sold Price
$148,000
Premium/Discount to List
-$1,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$111,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2003
Sold by
Hodges Mark K and Hodges Millie
Bought by
Hartley Tamara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,650
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
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
Coleman Aaron $182,000 Placer Title Company
Escalante Joe $148,000 Stewart Title Of Ca Inc
Book Tamara -- Stewart Title Of Ca Inc
Hartley Tamara $53,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Aaron $136,500
Previous Owner Escalante Joe $111,000
Previous Owner Hartley Tamara $79,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2019 08/30/19 Sold $182,000 0.0% $166 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $182,000 +23.0% $166 / Sq Ft
09/11/2017 09/11/17 Sold $148,000 -0.7% $135 / Sq Ft View Prior Sale
08/12/2017 08/12/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $149,000 -- $136 / 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 $3,533 $199,038 $32,807 $166,231
2024 $3,450 $195,136 $32,164 $162,972
2023 $3,450 $191,311 $31,534 $159,777
2022 $3,355 $187,561 $30,916 $156,645
2021 $3,159 $183,884 $30,310 $153,574
2020 $3,091 $182,000 $30,000 $152,000
2019 $2,699 $153,979 $31,212 $122,767
2018 $2,641 $148,000 $30,000 $118,000
2017 $1,877 $84,000 $20,000 $64,000
2016 $1,571 $65,000 $20,000 $45,000
2015 $1,507 $60,000 $20,000 $40,000
2014 $1,474 $60,000 $20,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21908236

Bakersfield Association of REALTORS® / GEMLS

APN: 007-194-13-00-1