NOT LISTED FOR SALE

Estimated Value: $628,481 - $740,000

9 Beds
4 Baths
3,600 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: August 25, 2014

Last sale price $310,000 $86 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,186 / mo

8 Days on Market

About This Home

As of August 2014

You have to check out this fourplex located in SW Bakersfield. Situated on the corner of Parker Ave and Oriole St. The property boasts of spacious units: 1 - 3 bedroom/2 bathroom, and 3 - 2 bedroom/1 bathroom, covered parking available to residents, laundry hookups and a small yard for two of the units. Rents ranging from $625-$750/mo. All 4 units are rented or rent ready.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/18/2014

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/18/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 7,644 Sq Ft Lot

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 44018020

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $31,560
  • Net Operating Income $18,209

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

7,644 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1969
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3600.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 7644.00
  • Parcel #: 44018020

Multi Family

  • Total Annual Expense: 11773.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 31560.00
  • Property Net Operating Income: 18209.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2014
Closed on
Aug 5, 2014
Sold by
Fay Andrew T and Fay Michelle R
Bought by
Okhovat Mehran and Kohanim Zipora
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$310,000
Sold Price
$310,000
Current Estimated Value
$681,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,370
Avg. Annual Appreciation
6.97%
Original Mortgage
$180,000
Outstanding Balance
$137,301
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$544,069

Purchase Details

Closed on
Feb 22, 2012
Sold by
Ranger Properties Llc
Bought by
Fay Andrew T and Fay Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2007
Sold by
Fay Andrew T and Fay Michelle R
Bought by
Ranger Properties Llc

Purchase Details

Closed on
Sep 27, 2004
Sold by
Stark Dick D and Stark Beth Crosby
Bought by
Fay Andrew T and Fay Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Okhovat Mehran $310,000 Placer Title Company
Fay Andrew T -- Fidelity National Title Co
Ranger Properties Llc -- None Available
Fay Andrew T $395,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okhovat Mehran $180,000
Previous Owner Fay Andrew T $146,250
Previous Owner Fay Andrew T $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2014 08/25/14 Sold $310,000 0.0% $86 / Sq Ft
07/26/2014 07/26/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $310,000 -- $86 / 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 $6,885 $372,566 $60,089 $312,477
2024 $6,885 $365,261 $58,911 $306,350
2023 $6,756 $358,100 $57,756 $300,344
2022 $6,466 $351,079 $56,624 $294,455
2021 $6,076 $344,196 $55,514 $288,682
2020 $5,915 $340,667 $54,945 $285,722
2019 $5,836 $340,667 $54,945 $285,722
2018 $5,604 $327,440 $52,812 $274,628
2017 $5,522 $321,021 $51,777 $269,244
2016 $5,218 $314,727 $50,762 $263,965
2015 $5,162 $310,000 $50,000 $260,000
2014 $4,606 $266,000 $50,000 $216,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21407466

Bakersfield Association of REALTORS® / GEMLS

APN: 440-180-20-00-9

Your Personal Tour Guide

Ask me questions while you tour the home.