NOT LISTED FOR SALE
-- Beds
-- Baths
6,000 Sq Ft
0.37 Acre Lot

Sale Details

Date Sold: September 12, 2019

Last sale price $490,000 $82 Per Sq Ft

17 Days on Market

Highlights

  • 16,263 Sq Ft lot
  • Huntsville High School Rated A
  • 1-Story Property

About This Home

As of September 2019

8 - 2bed/1bath units located in the East Bakersfield submarket. Built in 1963 these units are located in a high demand rental neighborhood. Currently rented for $625, the rents appear to have additional upside for the next investor. At only $61K/unit this is an aggressive price on 2 bedroom units.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 08/26/2019

Last Buyer's Agent

Christopher Dumayas

MZ Brokerage Inc. License #01954052

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 16,263 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 6,000 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 13802208

Community Details

Overview

  • 8 Units
  • Pacific Improv Subdivision

Building Details

  • Gross Income $60,000
  • Net Operating Income $23,962

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.37 Acres

Listing Details

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

Interior Features

  • Living Area: 6000.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 16263.00
  • Parcel #: 13802208

Multi Family

  • Total Annual Expense: 33539.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 8
  • Annual Gross Income: 60000.00
  • Property Net Operating Income: 23962.00

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
Mar 4, 2025
Sold by
Starlite Mgmt-Vii Lp
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
$430,000
Outstanding Balance
$421,071
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2020
Sold by
Golden Opportunity No 17 Lp
Bought by
Starlite Mgmt Vii Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 26, 2019
Closed on
Sep 5, 2019
Sold by
Solar Riff and Solar Elif Urkmez
Bought by
Golden Opportunity No 17 Lp
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Christopher Dumayas
MZ Brokerage Inc.
List Price
$490,000
Sold Price
$490,000

Purchase Details

Listed on
Nov 7, 2013
Closed on
Mar 10, 2014
Sold by
Glass Fish Llc
Bought by
Urkmez Solar Riff and Urkmez Solar Elif
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$220,500
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2013
Sold by
Mahajan Hament and Mahajan Manju
Bought by
Glass Fish Llc

Purchase Details

Closed on
Jul 18, 2012
Sold by
Saratoga Bancorp
Bought by
Mahajan Hament and Mahajan Manju

Purchase Details

Closed on
Mar 30, 2010
Sold by
Sparano James and Sparano Jennifer
Bought by
Saratoga Bancorp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.21%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 22, 2010
Sold by
Sparano James and Sparano Jennifer
Bought by
Saratoga Bancorp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.21%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 12, 2001
Sold by
Cobar Alexis R and Cobar Tina
Bought by
Sparano James and Sparano Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2000
Sold by
Ramirez Mike G and Ramirez Lillian T
Bought by
Cobar Alexis R and Cobar Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
11.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 12, 1999
Sold by
Pnb Real Estate Corp
Bought by
Ramirez Mike G and Ramirez Lillian T

Purchase Details

Closed on
Oct 14, 1998
Sold by
Harder James D and Harder Joan D
Bought by
Fnb Real Estate Corp

Purchase Details

Closed on
Apr 1, 1998
Sold by
Abney John L and Abney Cindy M
Bought by
Maxwell Floyd Dean and Maxwell Janice
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Bakersfield, CA

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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
-- Orange Coast Title
Starlite Mgmt Vii Lp -- Orange Coast Title Co
Golden Opportunity No 17 Lp $490,000 Placer Title Er
Urkmez Solar Riff $315,000 Chicago Title Company
Glass Fish Llc -- None Available
Mahajan Hament -- None Available
Saratoga Bancorp $218,000 Accommodation
Saratoga Bancorp $80,778 Orange Coast Title
Sparano James $165,000 American Title Co
Cobar Alexis R $130,000 American Title Co
Ramirez Mike G $60,000 Chicago Title Co
Fnb Real Estate Corp $72,012 First American Title Ins Co
Maxwell Floyd Dean -- Stewart Title
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 $430,000
Previous Owner Starlite Mgmt Vii Lp $325,500
Previous Owner Urkmez Solar Riff $220,500
Previous Owner Saratoga Bancorp $100,000
Previous Owner Saratoga Bancorp $140,000
Previous Owner Sparano James $70,000
Previous Owner Sparano James $285,000
Previous Owner Sparano James $125,000
Previous Owner Cobar Alexis R $91,000
Previous Owner Ramirez Mike G $2,500
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 Prior Sale
09/12/2019 09/12/19 Sold $490,000 0.0% $82 / Sq Ft
08/26/2019 08/26/19 For Sale $490,000 +55.6% $82 / Sq Ft
03/19/2014 03/19/14 Sold $315,000 -3.1% $53 / Sq Ft View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $325,000 -- $54 / Sq Ft
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 $13,553 $540,997 $71,764 $469,233
2025 $13,190 $530,390 $70,357 $460,033
2024 $13,190 $519,991 $68,978 $451,013
2023 $12,750 $509,796 $67,626 $442,170
2022 $12,096 $499,800 $66,300 $433,500
2021 $11,433 $490,000 $65,000 $425,000
2020 $11,222 $490,000 $65,000 $425,000
2019 $9,201 $353,075 $67,250 $285,825
2018 $10,244 $339,367 $64,640 $274,727
2017 $9,889 $332,714 $63,373 $269,341
2016 $5,496 $326,191 $62,131 $264,060
2015 $5,492 $321,292 $61,198 $260,094
2014 $4,186 $210,953 $50,227 $160,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21910073

Bakersfield Association of REALTORS® / GEMLS
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