NOT LISTED FOR SALE

Estimated Value: $322,000 - $441,000

6 Beds
1 Bath
2,052 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $210,000 $102 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,446/month

55 Days on Market

About This Home

As of March 2017

Great Cash Flow Property in the very desirable Oleander area. All units have 2 Bed & 1 Bath. All tenants are solid.

Last Agent to Sell the Property

Jason Moss

Moss Real Estate License #01705005 Listed on: 01/03/2017

Last Buyer's Agent

William Chicas

Watson Realty License #01815714

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 8,255 Sq Ft Lot

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Car Parking Spaces
  • Uncovered Parking

Schools

  • Penn Elementary School
  • Curran Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00714012

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $24,540
  • Net Operating Income $18,131

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

8,255 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1956
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2052.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 3.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 8255.00
  • Parcel #: 00714012

Multi Family

  • Total Annual Expense: 6408.80
  • Vacancy Factor: 5.00
  • Number Of Units Total: 3
  • Annual Gross Income: 24540.00
  • Property Net Operating Income: 18131.20

MLS Schools

  • Elementary School: Penn, William

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2017
Closed on
Feb 24, 2017
Sold by
Sahnazoglu Murat H
Bought by
Wagner Eric Erland and The Eric & Jann Wagner 2010 Tr
Seller's Agent
Jason Moss
Moss Real Estate
Buyer's Agent
William Chicas
Watson Realty
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%
Current Estimated Value
$399,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,706
Avg. Annual Appreciation
6.96%
Original Mortgage
$147,400
Outstanding Balance
$122,164
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$260,955

Purchase Details

Listed on
Apr 29, 2014
Closed on
Aug 26, 2014
Sold by
Sahnazoglu Karolin
Bought by
Sahnazoglu Murat
Seller's Agent
Michael Hinojos
Unknown Broker
Buyer's Agent
Jason Moss
Moss Real Estate
List Price
$198,000
Sold Price
$185,000
Premium/Discount to List
-$13,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$138,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2014
Closed on
Aug 11, 2014
Sold by
Salazar Roberto and Salazar Leticia
Bought by
Sahnazoglu Murat
Seller's Agent
Michael Hinojos
Unknown Broker
Buyer's Agent
Jason Moss
Moss Real Estate
List Price
$198,000
Sold Price
$185,000
Premium/Discount to List
-$13,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2013
Closed on
Dec 6, 2013
Sold by
Michel Sammy
Bought by
Salazar Roberto and Salazar Leticia
Seller's Agent
Jaime Leal
Power House Realty
Buyer's Agent
Michael Hinojos
Unknown Broker
List Price
$184,000
Sold Price
$175,000
Premium/Discount to List
-$9,000
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
Original Mortgage
$131,250
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2012
Closed on
Apr 24, 2012
Sold by
Mills Robert J and Crayon Sky Investment Group Tr
Bought by
Michel Sammy
Seller's Agent
Brian Ostrovski
eXp Realty of California Inc
Buyer's Agent
Alfonso Gomez Sanchez
People Realty, Inc.
List Price
$164,977
Sold Price
$165,000
Premium/Discount to List
$23
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%

Purchase Details

Listed on
Jan 23, 2012
Closed on
Feb 15, 2012
Sold by
Wells Fargo Bank N A
Bought by
Crayon Sky Investment Group
Seller's Agent
Jason Thoele
Unknown Broker
Buyer's Agent
Brian Ostrovski
eXp Realty of California Inc
List Price
$88,000
Sold Price
$106,078
Premium/Discount to List
$18,078
20.54%

Purchase Details

Closed on
Sep 28, 2011
Sold by
Herrera Agnes
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Dec 2, 2005
Sold by
Herrera Julio
Bought by
Herrera Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 30, 2004
Sold by
Haun Garry O
Bought by
Herrera Julio and Herrera Agnes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2001
Sold by
Ferguson Mabel G
Bought by
Haun Garry O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,455
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wagner Eric Erland $210,000 Placer Title Company
Sahnazoglu Murat -- Placer Title Company
Sahnazoglu Murat $185,000 Placer Title Company
Salazar Roberto $175,000 Placer Title Company
Michel Sammy $165,000 Ticor Title Company Of Ca
Crayon Sky Investment Group $106,500 Ticor Title Company Of Ca
Wells Fargo Bank N A -- Ticor Title Company Of Ca
Wells Fargo Bank National Association $353,381 Servicelink
Herrera Agnes -- Ticor Title
Herrera Julio $250,000 First American Title
Haun Garry O $85,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Eric Erland $147,400
Previous Owner Sahnazoglu Murat $138,750
Previous Owner Salazar Roberto $131,250
Previous Owner Herrera Agnes $276,000
Previous Owner Herrera Julio $212,500
Previous Owner Haun Garry O $76,455
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2017 03/29/17 Sold $210,000 -8.3% $102 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $229,000 +23.8% $112 / Sq Ft
09/24/2014 09/24/14 Sold $185,000 -6.6% $90 / Sq Ft View Prior Sale
08/25/2014 08/25/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $198,000 +13.1% $96 / Sq Ft
01/09/2014 01/09/14 Sold $175,000 -4.9% $85 / Sq Ft View Prior Sale
12/10/2013 12/10/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $184,000 +11.5% $90 / Sq Ft
04/26/2012 04/26/12 Sold $165,000 0.0% $80 / Sq Ft View Prior Sale
03/31/2012 03/31/12 For Sale $164,977 +55.5% $80 / Sq Ft
02/28/2012 02/28/12 Sold $106,078 +20.5% $52 / Sq Ft View Prior Sale
01/29/2012 01/29/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $88,000 -- $43 / Sq Ft
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 $4,665 $243,716 $46,420 $197,296
2024 $4,552 $238,938 $45,510 $193,428
2023 $4,552 $234,254 $44,618 $189,636
2022 $4,417 $229,662 $43,744 $185,918
2021 $4,130 $225,160 $42,887 $182,273
2020 $4,029 $222,853 $42,448 $180,405
2019 $3,951 $222,853 $42,448 $180,405
2018 $3,867 $214,200 $40,800 $173,400
2017 $3,614 $191,576 $46,599 $144,977
2016 $3,366 $187,821 $45,686 $142,135
2015 $3,336 $185,000 $45,000 $140,000
2014 $3,094 $169,063 $25,615 $143,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21700080

Bakersfield Association of REALTORS® / GEMLS

APN: 007-140-12-00-5

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