NOT LISTED FOR SALE

20205 Mini Ct Tehachapi, CA 93561

Estimated Value: $652,147 - $678,000

8 Beds
4 Baths
3,400 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $610,000 $179 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,253/month

61 Days on Market

Highlights

  • Cul-De-Sac
  • Partially Fenced Property
  • Heating System Uses Natural Gas
  • Open Space
  • Level Lot
  • 1-Story Property

About This Home

As of October 2023

Great residential income opportunity - 4 Units in one single story building! All units have 2 bedrooms and 1 bath with approximately 850 square feet living space. Each unit features its own washer and dryer in designated interior closet, dishwasher, stove/oven, refrigerator and private yard. Additional features are 2 parking spaces and individual gas and electric meters. Very low annual expenses! Near to Downtown Tehachapi, grocery stores and restaurants. Well maintained 2006 4 plex located on a cul-de-sac. Low expenses. Each 2 bedroom 1 bath unit has its own laundry hookups in designated interior closet. Plenty of parking on concrete driveway - 2 parking spaces per unit.

Last Agent to Sell the Property

Linda Freitas

Mission 22 Realty License #01442172 Listed on: 07/12/2023

Last Buyer's Agent

Max Gonzalez

Buena Vista Realty License #01825034

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,806

Year Built

  • Built in 2006

Lot Details

  • 0.29 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot
  • Irrigation

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 467-173-07-00-5

Community Details

Overview

  • 4 Units
  • Mini Ct Community

Building Details

  • Net Operating Income $49,976

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,806

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Cross Street: Brook Dr
  • Neighborhood: Tehachapi
  • Supplement: Well maintained 2006 4 plex located on a cul-de-sac. Low expenses. Each 2 bedroom 1 bath unit has its own laundry hookups in designated interior closet. Plenty of parking on concrete driveway - 2 parking spaces per unit.
  • LP / Sq Ft: 10.76
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Total Stories: 1
  • Year Built: 2006
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Prkng Non Garage Spac U4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Frontage: Open Space
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Water Heater Type: Electric, Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Mini Ct
  • Manager Name: Property Star
  • Manager Phone: 661-823-7565

Lot Info

  • Irrigation: Manual
  • Lot Size: .25 to .5 AC
  • Site: Cul-De-Sac
  • Topography: Level
  • Assessor Parcel Number: 467-173-07-00-5
  • Estimated Lot Sq Ft: 12632
  • Estimated Number of Acres: 0.29

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 49976
  • Annual Expense Actual: 7270
  • Gross Rent Multiplier Actual: 11.2
  • Gross Rent Multiplier Projected: 9.6
  • Gross Sched Income Actual: 4768
  • Gross Sched Income Projected: 5600
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Romero Martin and Romero Kristen
Bought by
Wholey Gregory James and The Gregory James Wholey Trust
Current Estimated Value
$666,287

Purchase Details

Closed on
Oct 28, 2016
Sold by
Ntc & Co Llp
Bought by
Romero Martin and Romero Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 2009
Sold by
Cook Peter and Cook Catherine
Bought by
Ntc & Co Llp

Purchase Details

Closed on
May 9, 2006
Sold by
Dirt To Doorknobs
Bought by
Cook Peter and Cook Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,850
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2004
Sold by
Davoodzadeh Helen
Bought by
Dirt To Doorknobs
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
Wholey Gregory James $475,000 First American Title Company
Romero Martin $280,000 Chicago Title Company
Ntc & Co Llp $275,000 Chicago Title Company
Cook Peter $389,000 First American Title Company
Dirt To Doorknobs $51,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory James Wholey Trust $100,000
Previous Owner Romero Martin $260,000
Previous Owner Cook Peter $252,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $610,000 -5.4% $179 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $645,000 +35.8% $190 / Sq Ft
07/13/2021 07/13/21 Sold $475,000 0.0% $151 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $475,000 -- $151 / Sq Ft
Source: San Diego MLS

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 $7,806 $622,200 $89,760 $532,440
2024 $7,806 $610,000 $88,000 $522,000
2023 $6,224 $484,500 $127,500 $357,000
2022 $6,144 $475,000 $125,000 $350,000
2021 $3,993 $300,214 $246,605 $53,609
2020 $3,943 $297,137 $244,077 $53,060
2019 $3,943 $297,137 $244,077 $53,060
2018 $3,812 $285,600 $234,600 $51,000
2017 $3,808 $280,000 $230,000 $50,000
2016 $3,287 $240,000 $48,000 $192,000
2015 $2,754 $204,000 $31,000 $173,000
2014 $2,931 $217,000 $43,000 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230013350

San Diego MLS

APN: 467-173-07-00-5