NOT LISTED FOR SALE

2108 Courtleigh Dr Bakersfield, CA 93309

Sagepointe Neighborhood

Estimated Value: $719,467 - $796,000

9 Beds
6 Baths
4,512 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $690,000 $153 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,827/month

52 Days on Market

About This Home

As of September 2023

Cash-flowing Southwest 4-plex with a total Scheduled Goss Rent of $4975-$5175. Professionally managed & well maintained units with paying tenants & upside rent potential. Property consists of: (one) 3 bed/ 2 3/4 bath unit & (three) 2 bed/ 1 bath units. Each unit has its own 2 car garage, in-unit laundry hookups & private fenced patio. One unit has brand new AC unit. The front 3 bed unit is vacant, currently being repaired & will be ready to rent for $1700-$1900 by COE. The remaining 2 bed units are all occupied & rent totals $3275. Market rents for 2 bed units in the area are $1300-$1500, huge upside rent potential w/ regular increases. Owner pays for water, trash & gardener.

Last Agent to Sell the Property

Amber Smith

LPT Realty, Inc. License #02061219 Listed on: 07/29/2023

Last Buyer's Agent

Jesus Mora

The Mora Partners Inc. License #02012300

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.33

Home Design

  • Composition Roof

Interior Spaces

  • 4,512 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Schools

  • Castle Elementary School
  • Actis Middle School
  • West High School

Additional Features

  • 0.33 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 35520103

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $59,700
  • Net Operating Income $56,352

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1974
  • Building Stories: 1
  • Deposit Amount Required: 7000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.3300
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4512.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Number Of Garages: 4
  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 14374.00
  • Parcel #: 35520103

Multi Family

  • Total Annual Expense: 3348.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 59700.00
  • Property Net Operating Income: 56352.00

MLS Schools

  • Elementary School: Castle, C. H.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2014
Sold by
Cusator James A
Bought by
Jetha Hasnain and Ryan Ellen M
Current Estimated Value
$751,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,900
Outstanding Balance
$206,483
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$545,134

Purchase Details

Closed on
Sep 15, 2011
Sold by
Cusator Laura
Bought by
Cusator James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2011
Sold by
Fannie Mae
Bought by
Cusator James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2011
Sold by
Osnaya Noe and Osnaya Leticia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 10, 2003
Sold by
Viadas Manuela
Bought by
Osnaya Noe and Osnaya Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Torres Wenceslao and Mendoza Sandra
Bought by
Viadas Manuela and Alvarez Luis Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,647
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 2001
Sold by
Fritsche Albert Charles and Moore Janet C
Bought by
Torres Wenceslao and Mendoza Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,647
Interest Rate
6.51%
Mortgage Type
FHA
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
Jetha Hasnain $395,000 Ticor Title Company
Cusator James A -- First American Title Ins Co
Cusator James A $260,000 First American Title Ins Co
Federal National Mortgage Association $370,141 None Available
Osnaya Noe $330,000 Chicago Title
Viadas Manuela -- Chicago Title
Viadas Manuela $217,000 Chicago Title Co
Torres Wenceslao $217,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jetha Hasnain $270,900
Previous Owner Cusator James A $195,000
Previous Owner Osnaya Noe $240,000
Previous Owner Viadas Manuela $213,647
Previous Owner Torres Wenceslao $213,647
Closed Viadas Manuela $13,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $690,000 0.0% $153 / Sq Ft
07/29/2023 07/29/23 For Sale $690,000 -- $153 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $10,810 $703,800 $204,000 $499,800
2024 $10,810 $690,000 $200,000 $490,000
2023 $7,954 $456,290 $57,756 $398,534
2022 $7,621 $447,344 $56,624 $390,720
2021 $7,219 $438,573 $55,514 $383,059
2020 $7,049 $434,077 $54,945 $379,132
2019 $6,956 $434,077 $54,945 $379,132
2018 $6,667 $417,223 $52,812 $364,411
2017 $6,570 $409,043 $51,777 $357,266
2016 $6,186 $401,023 $50,762 $350,261
2015 $6,125 $395,000 $50,000 $345,000
2014 $4,611 $266,403 $40,985 $225,418
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amber Smith

    LPT Realty, Inc.

    (661) 717-9509

    1 in this area

    11 Total Sales

    Amber Smith
    Section Image

  • J

    Buyer's Agent in 2023

    Jesus Mora

    The Mora Partners Inc.

    1 in this area

    56 Total Sales

    Jesus Mora
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202306360

Bakersfield Association of REALTORS® / GEMLS

APN: 355-201-03-00-1

California Kern County Bakersfield 93309 Sagepointe

2108 Courtleigh Dr, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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