NOT LISTED FOR SALE

Estimated Value: $426,883 - $558,000

2 Beds
1 Bath
3,444 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $401,000 $116 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,243/month

21 Days on Market

About This Home

As of September 2023

Take a look at this 4plex located in North East Bakersfield, CA. This property promises both income potential and long term value. Don't miss out on the chance to expand your investment portfolio.

Last Agent to Sell the Property

Pete Peralta

Miramar International License #01307225 Listed on: 08/10/2023

Co-Listed By

Carlos Villegas

eXp Realty of California Inc License #01775788

Last Buyer's Agent

Michael Garcia

MZ BROKERAGE INC. License #01965127

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Carport

Interior Spaces

  • 3,444 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Air
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 12631016004

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3444
  • Lot Acreage: 0.2000
  • Stories: 2
  • Year Built: 1983
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 1.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 112.95

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport

Utilities

  • Cooling: Central
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 85.29
  • Assessed Improvement Value: 222009
  • Assessed Land Percent: 14.71
  • Assessed Land Value: 38276
  • Total Assessed Value: 260285
  • Assessor Parcel Number: 12631016004
  • Lot Size Area: 8712

Rental Info

  • Total Actual Rent: 3749.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 8.65
  • Number Of Units: 4
  • Type Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 13, 2023
Sold by
Fong Jessica
Bought by
Ruanthong Sitthichai
Seller's Agent
Pete Peralta
Miramar International
Buyer's Agent
Michael Garcia
MZ BROKERAGE INC.
List Price
$389,000
Sold Price
$401,000
Premium/Discount to List
$12,000
3.08%
Views
488
Current Estimated Value
$494,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,471
Avg. Annual Appreciation
9.33%

Purchase Details

Listed on
Aug 10, 2023
Closed on
Sep 7, 2023
Sold by
Ruanthong Sitthichai
Bought by
Cobra 28 No 8 Lp
Seller's Agent
Pete Peralta
Miramar International
Buyer's Agent
Michael Garcia
MZ BROKERAGE INC.
List Price
$389,000
Sold Price
$401,000
Premium/Discount to List
$12,000
3.08%
Views
488

Purchase Details

Listed on
Feb 8, 2017
Closed on
Mar 23, 2017
Sold by
Gutierrez Martha and Gutierrez Family Trust
Bought by
Ruanthong Sitthichai
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$234,900
Sold Price
$238,500
Premium/Discount to List
$3,600
1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$178,875
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2006
Sold by
Gutierrez Steven R and Gutierrez Martha
Bought by
Gutierrez Steven R and Gutierrez Martha

Purchase Details

Closed on
Dec 27, 2005
Sold by
Gutierrez Steven R and Gutierrez Martha
Bought by
Gutierrez Steven R and Gutierrez Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2005
Sold by
Gutierrez Steven R and Gutierrez Martha
Bought by
Gutierrez Steven R and Gutierrez Martha

Purchase Details

Closed on
Feb 18, 1994
Sold by
Gutierrez Steven R and Gutierrez Martha
Bought by
Gutierrez Steven R and Gutierrez Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,700
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ruanthong Sitthichai -- Orange Coast Title
Cobra 28 No 8 Lp $401,000 Orange Coast Title
Ruanthong Sitthichai $238,500 Chicago Title Company
Gutierrez Steven R -- Ticor Title
Gutierrez Steven R -- Ticor Title Company Of Ca
Gutierrez Steven R -- --
Gutierrez Steven R -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruanthong Sitthichai $178,875
Previous Owner Gutierrez Steven R $212,000
Previous Owner Gutierrez Steven R $91,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2023 09/19/23 Sold $401,000 +3.1% $116 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $389,000 0.0% $113 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $389,000 +63.1% $113 / Sq Ft
04/03/2017 04/03/17 Sold $238,500 +1.5% $69 / Sq Ft View Prior Sale
03/04/2017 03/04/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $234,900 -- $68 / Sq Ft
Source: The 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 $8,198 $409,020 $102,000 $307,020
2024 $8,198 $401,000 $100,000 $301,000
2023 $6,443 $265,490 $39,041 $226,449
2022 $6,018 $260,285 $38,276 $222,009
2021 $5,653 $255,182 $37,526 $217,656
2020 $5,500 $252,567 $37,142 $215,425
2019 $5,315 $252,567 $37,142 $215,425
2018 $5,170 $242,760 $35,700 $207,060
2017 $4,388 $179,231 $29,863 $149,368
2016 $3,784 $175,718 $29,278 $146,440
2015 $3,781 $173,080 $28,839 $144,241
2014 $3,688 $169,691 $28,275 $141,416
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-300213

The MLS

APN: 126-310-16-00-4