NOT LISTED FOR SALE

2008 Owens St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $533,000 - $663,000

12 Beds
4 Baths
4,212 Sq Ft
$143/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $465,000 $110 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,941/month

About This Home

As of July 2021

Modern Fourplex in high demand rental market. This property is professionally managed and well-maintained. These units are a generous 1050 square feet. Plenty of room for families with the added bonus of a fenced yard for kids to play. All units have washer dryer hookups inside. Three of the tenants are on month to month contracts. Monthly rent totals $3225 but could easily be $1000 per unit. Potential income $4000!!! This offering will not last!

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 04/14/2021

Keller Williams Realty

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,381

Year Built

  • Built in 1983

Lot Details

  • 7,840 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 4,212 Sq Ft Home
  • 2-Story Property

Schools

  • Downtown Elementary School
  • Stiern Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 12727011

Community Details

Overview

  • 4 Units
  • Drurys Northern Add/ Subdivision

Building Details

  • Gross Income $38,700
  • Net Operating Income $20,415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,381

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4212.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.00
  • Parcel #: 12727011

Multi Family

  • Total Annual Expense: 17898.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 38700.00
  • Property Net Operating Income: 20415.00

MLS Schools

  • Elementary School: Downtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2011
Sold by
Sky Is The Limit Investment & Developmen
Bought by
01 The Entrust Group Inc and William Corry Iii Ira #05-11010
Current Estimated Value
$603,631

Purchase Details

Closed on
Aug 31, 2009
Sold by
Uzih Emeka
Bought by
Fannie Mae and Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
01 The Entrust Group Inc $240,000 Ortc
Fannie Mae $350,288 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $465,000 +1.1% $110 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $460,000 -- $109 / 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 $9,381 $493,461 $132,651 $360,810
2024 $9,108 $483,786 $130,050 $353,736
2023 $9,108 $474,300 $127,500 $346,800
2022 $8,639 $465,000 $125,000 $340,000
2021 $6,117 $278,489 $34,808 $243,681
2020 $5,967 $275,635 $34,452 $241,183
2019 $5,758 $275,635 $34,452 $241,183
2018 $5,605 $264,933 $33,115 $231,818
2017 $5,536 $259,739 $32,466 $227,273
2016 $4,764 $254,647 $31,830 $222,817
Source: Public Records

Agents Affiliated with this Home

  • Philip Jordan

    Seller's Agent in 2021

    Philip Jordan

    Keller Williams Realty

    (661) 553-5767

    23 in this area

    135 Total Sales

    Philip Jordan
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202104006

Bakersfield Association of REALTORS® / GEMLS

APN: 127-270-11-00-5

California Kern County Bakersfield 93305 East Bakersfield

2008 Owens St, Bakersfield, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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