NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.25 Acre Lot

Sale Details

Date 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
  • 11,030 Sq Ft 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

0.25 Acres

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

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

Listed on
Mar 20, 2012
Closed on
Aug 24, 2012
Sold by
Bought by
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Russell Unruh
The Russell Group
List Price
$317,000
Sold Price
$299,000
Premium/Discount to List
-$18,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,250
Interest Rate
0.0352%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 12, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 2005
Sold by
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
$428,000
Interest Rate
0.0597%
Mortgage Type
Seller Take Back
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
$299,000 Placer Title
-- Chicago Title Company
$325,000 None Available
$528,000 Chicago 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
Closed $224,250
Closed $89,277
Closed $428,000
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
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

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 $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

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21203194

Bakersfield Association of REALTORS® / GEMLS
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