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

Sale Details

Date 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
  • 24,765 Sq Ft 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

0.57 Acres

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

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
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

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 $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
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