NOT LISTED FOR SALE

Estimated Value: $338,178 - $452,000

4 Beds
2 Baths
1,860 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2018

Last sale price $243,000 $131 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,439 / mo

23 Days on Market

About This Home

As of January 2018

Fantastic income property in Central Bakersfield. Located in the Oleander area, just steps away from the historic Beale Park. Well built, well maintained, and impressively updated. Both units feature 2 large bedrooms, fireplace, central HVAC, and indoor utility rooms. One unit has a completely remodeled interior with custom tile, beautiful fixtures, new cabinets, and granite. Check out the pictures! Recently replaced roof, AC units, water heaters, and color coat stucco.

Last Agent to Sell the Property

Darron Mason

eXp Realty - Bakersfield License #01464680 Listed on: 12/08/2017

Last Buyer's Agent

Bertha Sanchez

Unknown Broker License #00896609

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,433 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,860 Sq Ft Home
  • 1-Story Property

Schools

  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00722021

Community Details

Overview

  • 2 Units
  • Southern Add Subdivision

Building Details

  • Gross Income $20,400
  • Net Operating Income $16,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

6,433 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1962
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1860.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Bakersfield

Lot Info

  • Lot Size Sq Ft: 6433.00
  • Parcel #: 00722021

Multi Family

  • Total Annual Expense: 4000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Annual Gross Income: 20400.00
  • Property Net Operating Income: 16400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Dec 21, 2017
Sold by
Smith Colen Bruce
Bought by
Alvarez Pedro
Seller's Agent
Darron Mason
eXp Realty - Bakersfield
Buyer's Agent
Bertha Sanchez
Unknown Broker
List Price
$239,000
Sold Price
$243,000
Premium/Discount to List
$4,000
1.67%
Current Estimated Value
$393,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,045
Avg. Annual Appreciation
6.01%
Original Mortgage
$238,598
Outstanding Balance
$200,827
Interest Rate
3.93%
Estimated Equity
$192,218

Purchase Details

Closed on
Mar 28, 2002
Sold by
Smith Shirley A
Bought by
Smith C Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.78%

Purchase Details

Closed on
Mar 25, 2002
Sold by
Hankins Douglas R and Hankins Bradley Monroe
Bought by
Smith C Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.78%

Purchase Details

Closed on
Aug 3, 1994
Sold by
Hankins Douglas R and Hankins Carolyn J
Bought by
Page Carolyn J and Hankins Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
8.51%
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
Alvarez Pedro $243,000 Placer Title Co
Smith C Bruce -- Fidelity National Title Co
Smith C Bruce $105,000 Fidelity National Title Co
Page Carolyn J $30,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Pedro $238,598
Previous Owner Smith C Bruce $75,000
Previous Owner Page Carolyn J $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2018 01/30/18 Sold $243,000 +1.7% $131 / Sq Ft
12/31/2017 12/31/17 Pending -- -- --
12/08/2017 12/08/17 For Sale $239,000 -- $128 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $4,426 $276,487 $45,510 $230,977
2024 $4,328 $271,067 $44,618 $226,449
2023 $4,328 $265,753 $43,744 $222,009
2022 $4,221 $260,543 $42,887 $217,656
2021 $4,016 $255,436 $42,047 $213,389
2020 $3,946 $252,817 $41,616 $211,201
2019 $3,869 $252,817 $41,616 $211,201
2018 $2,501 $136,312 $32,452 $103,860
2017 $2,482 $133,640 $31,816 $101,824
2016 $2,309 $131,021 $31,193 $99,828
2015 $2,290 $129,054 $30,725 $98,329
2014 $1,753 $85,000 $20,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21713857

Bakersfield Association of REALTORS® / GEMLS

APN: 007-220-21-00-4

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