NOT LISTED FOR SALE
-- Beds
-- Baths
-- Sq Ft
7,979 Sq Ft Lot

Sale Details

Date Sold: May 1, 2012

Last sale price $404,500

29 Days on Market

About This Home

As of May 2012

10 Unit Building located in central Bakersfield. 4 2 bedroom / 1 baths and 6 1 bedroom 1 bath units. Rents range from $450 to $600. The seller will finance with 25% down, 7% amortized over 30 years.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 04/02/2012

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 04/02/2012

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,979 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 1-Story Property
  • Heated Floors

Listing and Financial Details

  • Assessor Parcel Number 00409207

Community Details

Overview

  • 10 Units

Building Details

  • Gross Income $62,400
  • Net Operating Income $32,328

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,979 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1963
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 7979.00
  • Parcel #: 00409207

Multi Family

  • Total Annual Expense: 28200.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 10
  • Annual Gross Income: 62400.00
  • Property Net Operating Income: 32328.00

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

Closed on
May 6, 2021
Sold by
Bought by

Purchase Details

Listed on
Apr 2, 2012
Closed on
Apr 12, 2012
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$407,000
Sold Price
$404,500
Premium/Discount to List
-$2,500
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,375
Interest Rate
3.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 8, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,000,000 Placer Title Company
$404,500 Ticor Title Company Of Ca
$250,000 American Title Co
-- --
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 $690,000
Previous Owner $303,375
Previous Owner $187,500
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
05/01/2012 05/01/12 Sold $404,500 -0.6% --
04/02/2012 04/02/12 For Sale $407,000 -- --
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
2026 $15,937 $1,104,078 $104,886 $999,192
2025 $15,720 $1,082,430 $102,830 $979,600
2024 $15,720 $1,061,207 $100,814 $960,393
2023 $15,372 $1,040,400 $98,838 $941,562
2022 $15,039 $1,020,000 $96,900 $923,100
2021 $8,085 $469,955 $11,600 $458,355
2020 $7,897 $465,138 $11,482 $453,656
2019 $7,783 $465,138 $11,482 $453,656
2018 $7,644 $447,078 $11,037 $436,041
2017 $7,626 $438,313 $10,821 $427,492
2016 $7,082 $429,719 $10,609 $419,110
2015 $7,038 $423,265 $10,450 $412,815
2014 $6,840 $414,975 $10,246 $404,729
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21203688

Bakersfield Association of REALTORS® / GEMLS
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