NOT LISTED FOR SALE
-- Bed
-- Bath
5,120 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: August 15, 2017

Last sale price $755,000 $147 Per Sq Ft

17 Days on Market

About This Home

As of August 2017

This amazing and unique opportunity is an idel investment property. 8 units in prestine antique condition with original hardwood floors, glass door knobs - refurbished but with attention to the original 1928 building preserved.

Last Agent to Sell the Property

Scott Tobias

Tobias Real Estate License #00577493 Listed on: 06/29/2017

Last Buyer's Agent

Adam Belter

Coldwell Banker Preferred,RLT License #01896162

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 13,098 Sq Ft Lot

Interior Spaces

  • 5,120 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 5 Car Parking Spaces

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00325101

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $86,400
  • Net Operating Income $50,966

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0.3 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1928
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 5120.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 5.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Floor/Wall Heater,Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 13098.00
  • Parcel #: 00325101

Multi Family

  • Total Annual Expense: 31114.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 8
  • Annual Gross Income: 86400.00
  • Property Net Operating Income: 50966.00

MLS Schools

  • Elementary School: Franklin

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
Jan 22, 2021
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2019
Sold by
Bought by

Purchase Details

Listed on
Jun 29, 2017
Closed on
Jul 17, 2017
Sold by
Bought by
Seller's Agent
Scott Tobias
Tobias Real Estate
Buyer's Agent
Adam Belter
Coldwell Banker Preferred,RLT
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0388%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2017
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Ticor Title
$1,300,000 Ticor Title Company
$755,000 Placer Title Company
-- None Available
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
Closed $500,000
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
08/15/2017 08/15/17 Sold $755,000 +0.7% $147 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $750,000 -- $146 / 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
2025 $14,421 $1,025,834 $200,134 $825,700
2024 $14,421 $1,005,720 $196,210 $809,510
2023 $14,111 $986,001 $192,363 $793,638
2022 $13,820 $966,669 $188,592 $778,077
2021 $13,317 $947,716 $184,895 $762,821
2020 $13,155 $938,000 $183,000 $755,000
2019 $11,120 $785,502 $176,868 $608,634
2018 $10,885 $755,000 $170,000 $585,000
2017 $6,217 $360,139 $56,257 $303,882
2016 $5,770 $353,078 $55,154 $297,924
2015 $5,735 $347,775 $54,326 $293,449
2014 $5,573 $340,963 $53,262 $287,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21707485

Bakersfield Association of REALTORS® / GEMLS
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