$585,000
SOLD APR 1, 2025
-- Bed
-- Bath
-- Sq Ft
0.28 Acres

Recently Sold

2% Above List Price

36 Days on Market

About This Home

As of April 2025

Great property ready for new owner. 3/2 baths big lot. Tile flooring, lots of parking. 1031 exchange. Drive by only

Last Agent to Sell the Property

Juana Pineda

Executive Realty & Investments License #01362468 Listed on: 01/30/2025

Last Buyer's Agent

Juana Pineda

Executive Realty & Investments License #01362468 Listed on: 01/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,595

Year Built

  • Built in 2009

Parking

  • 8 Car Parking Spaces

Schools

  • Harding Elementary School
  • Compton Middle School
  • East High School

Additional Features

  • 1-Story Property
  • 0.28 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 13810103

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $50,000
  • Net Operating Income $44,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,595

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2009
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.2800
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Other

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: East
  • Middle Or Junior School: Compton

Lot Info

  • Zoning Description: r4
  • Lot Size Sq Ft: 12196.00
  • Parcel #: 13810103

Multi Family

  • Total Annual Expense: 14320.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 50000.00
  • Property Net Operating Income: 44168.00

MLS Schools

  • Elementary School: Harding, Ruth

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Mar 28, 2025
Sold by
Richard G Pitman Jr Revocable Trust and Pitman Kristian Carrillo
Bought by
Ameen Obaid and Ameen Fatima Madiha
Seller's Agent
Juana Pineda
Executive Realty & Investments
Buyer's Agent
Juana Pineda
Executive Realty & Investments
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Total Days on Market
36
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.12%
Original Mortgage
$438,750
Outstanding Balance
$438,750
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$208,405
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 Type Sale Price Title Company
Grant Deed $585,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $438,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Sold $585,000 0.0% --
03/07/2025 03/07/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $585,000 +1.7% --
01/30/2025 01/30/25 For Sale $575,000 -- --
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
2024 $9,595 $501,980 $55,774 $446,206
2023 $9,318 $492,138 $54,681 $437,457
2022 $8,846 $482,489 $53,609 $428,880
2021 $8,447 $473,029 $52,558 $420,471
2020 $8,293 $468,180 $52,020 $416,160
2019 $8,037 $468,180 $52,020 $416,160
2018 $5,595 $264,063 $26,405 $237,658
2017 $5,525 $258,887 $25,888 $232,999
2016 $4,754 $253,812 $25,381 $228,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202501242

Bakersfield Association of REALTORS® / GEMLS

APN: 138-101-03-00-9