Erica Ruelas
Elevate Realty
(661) 387-3710
74 Total Sales
1 in Downtown Bakersfield
$244,500 Price
5
Beds
3
Baths
4,320
Sq Ft
1912
Built
About This Home
As of March 2024Introducing an exceptional investment opportunity in Bakersfield! This property boasts five units in a prime location. Each unit offers quality living spaces, from cozy to spacious layouts. With convenient amenities and a thriving rental market, this property promises stable income and growth potential. Don't miss out on this chance to secure your foothold in Bakersfield's dynamic real estate market!
Last Agent to Sell the Property
The Mora Partners Inc. Brokerage Phone: 661-463-8186 License #01820381 Listed on: 02/26/2024
Last Buyer's Agent
Eric Van Denk
Central Valley Property Advisors License #02071696
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 4,320 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 5 Bedrooms
- 4,320 Sq Ft Home
- 2-Story Property
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- On-Street Parking
Location
- Urban Location
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 202 / PTN
- Assessor Parcel Number 00324204007
- $1,550 per year additional tax assessments
Community Details
Overview
- 5 Units
Recreation
- Bike Trail
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $2,000
- Fuel Expense $2,000
- Insurance Expense $5,000
- Trash Expense $5,000
- Operating Expense $20,000
- Gross Income $56,000
- Net Operating Income $37,000
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
Feb 26, 2024
Closed on
Mar 19, 2024
Sold by
Bought by
Seller's Agent
Alejandro Mora
The Mora Partners Inc.
Buyer's Agent
Eric Van Denk
Central Valley Property Advisors
List Price
$540,000
Sold Price
$530,000
Premium/Discount to List
-$10,000
-1.85%
Views
43
Purchase Details
Closed on
Apr 4, 2022
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
$62,500
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2018
Sold by
Bought by
Purchase Details
Closed on
Aug 11, 2011
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
$123,000
Interest Rate
4.53%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 20, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Bakersfield, CA
-
Erica Ruelas
-
Sam Reyna
Sam Reyna
Cal Pro Real Estate
(661) 370-2769
131 Total Sales
2 in Downtown Bakersfield
$135K - $140K Price Range
-
Justin Yim
Justin Yim
Uhler Mortgage Solutions Inc.
(747) 293-4589
101 Total Sales
2 in Downtown Bakersfield
$35K - $350K Price Range
-
Terri Garcia
Terri Garcia
New Generation Real Estate Gro
(661) 218-2187
98 Total Sales
1 in Downtown Bakersfield
$185,000 Price
-
Greg Holland
Greg Holland
Coldwell Banker Preferred Realtors
(661) 218-2406
204 Total Sales
1 in Downtown Bakersfield
$280,000 Price
-
Wesley Willingham
Wesley Willingham
New Concept Realty, Inc.
(661) 535-0987
56 Total Sales
1 in Downtown Bakersfield
$620,000 Price
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 |
|---|---|---|---|
| $530,000 | Chicago Title Company | ||
| $425,000 | Placer Title | ||
| -- | None Available | ||
| $175,000 | Placer Title Company | ||
| -- | -- |
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 | $355,000 | ||
| Previous Owner | $62,500 | ||
| Previous Owner | $318,750 | ||
| Previous Owner | $123,000 | ||
| Previous Owner | $63,000 |
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 |
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $530,000 | -1.9% | $123 / Sq Ft |
| 02/27/2024 02/27/24 | Pending | -- | -- | -- |
| 02/26/2024 02/26/24 | For Sale | $540,000 | -- | $125 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $7,962 | $551,411 | $49,939 | $501,472 |
| 2025 | $7,962 | $540,600 | $48,960 | $491,640 |
| 2024 | $6,821 | $442,170 | $46,818 | $395,352 |
| 2023 | $6,664 | $433,500 | $45,900 | $387,600 |
| 2022 | $3,926 | $207,123 | $47,339 | $159,784 |
| 2021 | $3,661 | $203,062 | $46,411 | $156,651 |
| 2020 | $3,661 | $200,981 | $45,936 | $155,045 |
| 2019 | $3,519 | $200,981 | $45,936 | $155,045 |
| 2018 | $3,459 | $193,178 | $44,153 | $149,025 |
| 2017 | $3,451 | $189,391 | $43,288 | $146,103 |
| 2016 | $3,216 | $185,679 | $42,440 | $143,239 |
| 2015 | $3,194 | $182,891 | $41,803 | $141,088 |
| 2014 | $3,106 | $179,310 | $40,985 | $138,325 |
Source: Public Records
Agents Affiliated with this Home
-
Alejandro Mora
AM
Seller's Agent in 2024
Alejandro Mora
The Mora Partners Inc.
(661) 204-8663
3 in this area
105 Total Sales
-
EV
Buyer's Agent in 2024
Eric Van Denk
Central Valley Property Advisors
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24039427
APN: 003-242-04
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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