NOT LISTED FOR SALE

Estimated Value: $314,000 - $378,000

3 Beds
3 Baths
1,774 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $300,000 $169 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,277/month

About This Home

As of March 2022

Attention investors! 3 Units on one lot. All occupied with long-term tenants. Each are one bedroom / one bath with separate laundry rooms. Central location within walking distance to schools, parks, shopping and other services. Low vacancy. High demand for tenants. Gross income of $1800 monthly / $21,600 Annually. Offers subject to interior inspection. Please do NOT disturb tenants!

Last Agent to Sell the Property

Ken Carter

Watson Realty License #1159684 Listed on: 09/03/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,526

Year Built

  • Built in 1950

Lot Details

  • 7,840 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 1,774 Sq Ft Home
  • 1-Story Property

Schools

  • Roosevelt Bak Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 01035005

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $21,600
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,526

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1950
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1774.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 7840.00
  • Parcel #: 01035005

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 3
  • Annual Gross Income: 21600.00
  • Property Net Operating Income: 21600.00

MLS Schools

  • Elementary School: Roosevelt_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Clayton Investments Llc
Bought by
Morales Omar Eduardo Lope and Morales Alejandro Lopez
Current Estimated Value
$346,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.69%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 2015
Sold by
Clayton Morgan E and Clayton Gloria A
Bought by
Clayton Investments Llc

Purchase Details

Closed on
Mar 13, 2007
Sold by
Vanhorne Richard H and Vanhorne Van Horne
Bought by
Clayton Morgan E and Clayton Gloria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,700
Interest Rate
6.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 2003
Sold by
Vanhorne Richard H and Vanhorne Dolores
Bought by
Vanhorne Richard H and Vanhorne Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Vanhorne Richard H and Vanhorne Dolores
Bought by
Vanhorne Richard H and Vanhorne Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2003
Sold by
Vanhorne Richard H and Vanhorne Dolores
Bought by
Vanhorne Richard H and Vanhorne Dolores
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morales Omar Eduardo Lope $300,000 Chicago Title
Clayton Investments Llc -- None Available
Clayton Morgan E $358,000 Fidelity National Title Co
Vanhorne Richard H -- --
Vanhorne Richard H -- Commerce Title
Vanhorne Richard H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Omar Eduardo Lope $294,566
Previous Owner Clayton Morgan E $282,700
Previous Owner Vanhorne Richard H $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $300,000 +7.1% $169 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
09/03/2021 09/03/21 For Sale $280,000 -- $158 / 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 $5,526 $318,362 $53,060 $265,302
2024 $5,399 $312,120 $52,020 $260,100
2023 $5,399 $306,000 $51,000 $255,000
2022 $3,748 $173,272 $45,299 $127,973
2021 $3,468 $169,875 $44,411 $125,464
2020 $3,468 $168,134 $43,956 $124,178
2019 $3,303 $168,134 $43,956 $124,178
2018 $3,235 $161,607 $42,250 $119,357
2017 $3,210 $158,439 $41,422 $117,017
2016 $3,002 $155,333 $40,610 $114,723
2015 $2,951 $151,000 $40,000 $111,000
2014 $2,277 $96,000 $30,000 $66,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202109666

Bakersfield Association of REALTORS® / GEMLS

APN: 010-350-05-00-0