NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Last Sold October 12, 2012

Last sale price $299,000

176 Days on Market

About This Home

As of October 2012

7 units (7th unit is unpermitted) in Downtown/Westchester. Owners just took property back in foreclosure in January, but willing to finance for the right buyer with 30-35% down, 7% interest, amortized over 20 years, ADP in 10 years. Highly sought after downtown location close to restaurants, shops, thriving downtown hub. 10.3% Cap rate.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 03/20/2012

Keller Williams Realty

Last Buyer's Agent

Russell Unruh

The Russell Group License #933469

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.25

Parking

  • 2 Car Garage
  • Carport

Schools

  • Franklin Elementary School
  • Bakersfield High School

Additional Features

  • 2-Story Property
  • 0.25 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 00314109

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $49,680
  • Net Operating Income $32,873

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1940
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: REO, None of the Above

Garage/Parking

  • Parking: 7.00
  • Parking Features: Garage, Carport
  • Garages: 2

Utilities

  • Heatcool: Central Heat,Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Lot Size Sq Ft: 11030.00
  • Parcel #: 00314109

Multi Family

  • Total Annual Expense: 16807.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 6
  • Annual Gross Income: 49680.00
  • Property Net Operating Income: 32873.00

MLS Schools

  • Elementary School: Franklin
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

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2012 10/12/12 Sold $299,000 -5.7% --
09/12/2012 09/12/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $317,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

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 $6,188 $368,182 $24,622 $343,560
2024 $6,188 $360,964 $24,140 $336,824
2023 $6,035 $353,887 $23,667 $330,220
2022 $5,879 $346,949 $23,203 $323,746
2021 $5,549 $340,148 $22,749 $317,399
2020 $5,435 $336,661 $22,516 $314,145
2019 $5,352 $336,661 $22,516 $314,145
2018 $5,252 $323,591 $21,643 $301,948
2017 $5,239 $317,247 $21,219 $296,028
2016 $4,845 $311,027 $20,803 $290,224
2015 $4,818 $306,356 $20,491 $285,865
2014 $4,679 $300,356 $20,090 $280,266
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21203194

Bakersfield Association of REALTORS® / GEMLS
Your Personal Tour Guide

Ask me questions while you tour the home.