NOT LISTED FOR SALE
-- Bed
-- Bath
3,782 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: June 10, 2024

Last sale price $550,000 $145 Per Sq Ft

69 Days on Market

Highlights

  • Evaporated cooling system
  • Huntsville High School Rated A
  • 1-Story Property

About This Home

As of June 2024

An opportunity to grow your investment portfolio with this 5 unit complex in Bakersfield. This complex features three units that are 2 bedroom, 1 bathroom and two units that are 1 bedroom, 1 bathroom. This property has an open courtyard with a large grass area, covered carport for parking and private storage for tenants. Property is currently professionally managed and brings in $4650 in gross rents with a 6% CAP. Seller may finance.

Last Agent to Sell the Property

Mark Clemmer

Clemmer and Company Real Estat License #01994471 Listed on: 04/01/2024

Co-Listed By

Melinda Clemmer

Clemmer and Company Real Estat License #01911036

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.29

Parking

  • Carport

Home Design

  • Composition Roof

Interior Spaces

  • 3,782 Sq Ft Home
  • 1-Story Property

Schools

  • Mann Elementary School
  • Stiern Middle School
  • East High School

Additional Features

  • 12,632 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 13810114

Community Details

Overview

  • 5 Units
  • Pacific Improvement Companys S Subdivision

Building Details

  • Gross Income $55,800
  • Net Operating Income $35,191

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.29 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Building Stories: 1
  • Deposit Amount Required: 6000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2900
  • Co List Office Mls Id: 12188
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3782.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Evaporative

Schools

  • High School: East
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 12632.00
  • Parcel #: 13810114

Multi Family

  • Total Annual Expense: 20609.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 55800.00
  • Property Net Operating Income: 35191.00

MLS Schools

  • Elementary School: Mann, Horace

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 28, 2024
Sold by
Bought by
Seller's Agent
Mark Clemmer
Clemmer and Company Real Estat
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
0.0717%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 20, 2022
Sold by
Bought by
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$420,000
Interest Rate
0.0499%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2019
Closed on
Apr 30, 2019
Sold by
Bought by
Seller's Agent
Pete Peralta
Miramar Realty
Buyer's Agent
Pete Peralta
Miramar Realty
List Price
$350,000
Sold Price
$326,000
Premium/Discount to List
-$24,000
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%
Original Mortgage
$211,900
Interest Rate
0.042%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2009
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 Chicago Title
$550,000 Ticor Title
$326,000 Chicago Title Bakersfield
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $275,000
Previous Owner $351,000
Previous Owner $420,000
Previous Owner $211,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2024 06/10/24 Sold $550,000 -2.7% $145 / Sq Ft
04/01/2024 04/01/24 For Sale $565,000 +2.7% $149 / Sq Ft
09/20/2022 09/20/22 Sold $550,000 0.0% $145 / Sq Ft View Prior Sale
08/26/2022 08/26/22 For Sale $550,000 +68.7% $145 / Sq Ft
06/06/2019 06/06/19 Sold $326,000 -6.9% $86 / Sq Ft View Prior Sale
05/07/2019 05/07/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $350,000 -- $93 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,041 $561,000 $90,270 $470,730
2024 $10,923 $561,000 $56,100 $504,900
2023 $10,604 $550,000 $55,000 $495,000
2022 $7,830 $342,682 $42,046 $300,636
2021 $7,416 $335,964 $41,222 $294,742
2020 $7,416 $332,520 $40,800 $291,720
2019 $4,731 $141,181 $21,259 $119,922
2018 $5,407 $135,701 $20,435 $115,266
2017 $5,191 $133,041 $20,035 $113,006
2016 $2,572 $130,434 $19,643 $110,791
2015 $2,570 $128,475 $19,348 $109,127
2014 $2,508 $125,959 $18,969 $106,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202403064

Bakersfield Association of REALTORS® / GEMLS
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