NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.57 Acres

Last Sold August 27, 2014

Last sale price $555,000

437 Days on Market

About This Home

As of August 2014

Major price reduction as seller is now pursuing short sale. Two 8-unit buildings with all 2 bedroom units. Front building has 4 units rented at $675 each, and 4 units need major repairs. Rear building has all vacant units, boarded up, and units have some significant vandalism and damage. Approximately $70,000-90,000 in repairs needed. Seeking strong buyers with cash or non-contingent financing. Very attractive priced making this a fantastic opportunity for a value added purchase. Property has 2 APN,s:127-170-24 and 127-170-12.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 05/17/2013

Keller Williams Realty

Last Buyer's Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 05/17/2013

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.57

Parking

  • 32 Car Parking Spaces
  • Uncovered Parking

Schools

  • Jefferson Bak Elementary School
  • Stiern Middle School
  • Highland School

Additional Features

  • 2-Story Property
  • 0.57 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 12717024

Community Details

Overview

  • 16 Units

Building Details

  • Gross Income $97,200
  • Net Operating Income $60,264

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1977
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: Short Sale

Garage/Parking

  • Parking: 32.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 24765.00
  • Parcel #: 12717024

Multi Family

  • Total Annual Expense: 36936.00
  • Vacancy Factor: 0.05
  • Number Of Units Total: 16
  • Annual Gross Income: 97200.00
  • Property Net Operating Income: 60264.00

MLS Schools

  • Elementary School: Jefferson_Bak
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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 List to Sale Price per Sq Ft
08/27/2014 08/27/14 Sold $555,000 0.0% --
07/28/2014 07/28/14 Pending -- -- --
05/17/2013 05/17/13 For Sale $555,000 -- --
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 $7,390 $342,401 $36,051 $306,350
2024 $7,390 $335,689 $35,345 $300,344
2023 $7,186 $329,107 $34,652 $294,455
2022 $6,960 $322,655 $33,973 $288,682
2021 $6,670 $316,329 $33,307 $283,022
2020 $6,381 $313,086 $32,966 $280,120
2019 $6,170 $318,688 $32,966 $285,722
2018 $6,075 $306,315 $31,687 $274,628
2017 $6,012 $300,310 $31,066 $269,244
2016 $4,897 $294,422 $30,457 $263,965
2015 $4,638 $267,500 $30,000 $237,500
2014 $5,447 $345,000 $35,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21304715

Bakersfield Association of REALTORS® / GEMLS