NOT LISTED FOR SALE

Estimated Value: $308,874 - $363,000

3 Beds
1 Bath
836 Sq Ft
$394/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $176,000 $211 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,820/month

57 Days on Market

About This Home

As of July 2019

Rare opportunity to own 2 Homes on 1 Lot in the expanding area of South East Bakersfield. 100% Occupied and generating cash flow, walking distance to Golden Valley High School. Front House is 2 Bedrooms and 1 Bath, Back House is 1 Bedroom and 1 Bath. Property is in great condition and at a 8% Cap Rate.

Last Agent to Sell the Property

Abel Ramos, III

Unknown Broker License #01821789 Listed on: 04/19/2019

Last Buyer's Agent

Carlos Chavez

Chavez and Associates License #01409906

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 1929

Lot Details

  • 8,712

Home Design

  • Duplex

Parking

  • 1 Car Garage
  • Uncovered Parking

Additional Features

  • 1-Story Property
  • 8,712 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 51713031

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $18,600
  • Net Operating Income $15,509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,378

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1929
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered
  • Garages: 1

Utilities

  • Heatcool: Central AC

Lot Info

  • Lot Size Sq Ft: 8712.00
  • Parcel #: 51713031

Multi Family

  • Total Annual Expense: 3090.84
  • Vacancy Factor: 0.10
  • Number Of Units Total: 2
  • Annual Gross Income: 18600.00
  • Property Net Operating Income: 15509.16

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

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $176,000 -4.8% $211 / Sq Ft
06/15/2019 06/15/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $184,900 -- $221 / 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 $3,378 $192,477 $38,275 $154,202
2024 $3,269 $188,704 $37,525 $151,179
2023 $3,269 $185,005 $36,790 $148,215
2022 $3,110 $181,378 $36,069 $145,309
2021 $2,931 $177,822 $35,362 $142,460
2020 $2,820 $176,000 $35,000 $141,000
2019 $1,647 $79,590 $21,224 $58,366
2018 $1,549 $75,000 $20,000 $55,000
2017 $1,390 $61,991 $14,686 $47,305
2016 $1,263 $60,778 $14,399 $46,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21904556

Bakersfield Association of REALTORS® / GEMLS

APN: 517-130-31-00-5