NOT LISTED FOR SALE

Estimated Value: $466,037 - $505,000

4 Beds
1 Bath
1,824 Sq Ft
$265/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $465,000 $255 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,014/month

6 Days on Market

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of October 2024

Unique Investment Opportunity in WestchesterTwo Homes, One Lot! Discover this dual-home gem, ideal for investors or homeowners seeking substantial income potential. Both units are vacant and ready for occupancy! Perfect for an investor or an FHA buyer. Both homes boast extensive upgrades, including new plumbing, windows, and fresh paint. The 22nd St home features a rebuilt porch and quartz kitchen countertops. Meanwhile, the B St home offers new floors, raised ceilings, a modernized kitchen, a luxurious primary bath, and an updated electrical panel. Located in the desirable Westchester community, this property is a prime candidate for high rental yields or a rewarding owner-occupier setup, and is superb for an Airbnb with its excellent location and updates. Seize this turnkey investment to secure a blend of lifestyle and robust investment potential.

Last Agent to Sell the Property

Alishaan Abbas

Keller Williams Realty License #02060679 Listed on: 09/06/2024

Keller Williams Realty

Last Buyer's Agent

Camille Redmond

Walters & Associates, Inc. License #01913726

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 7,840

Parking

  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 7,840 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00320103

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $45,000
  • Net Operating Income $42,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1911
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1800
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1824.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater, Other

Schools

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

Lot Info

  • Zoning Description: 2 SEPARATE RES ON 1 PARCEL
  • Lot Size Sq Ft: 7840.00
  • Parcel #: 00320103

Multi Family

  • Total Annual Expense: 2400.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 45000.00
  • Property Net Operating Income: 42600.00

MLS Schools

  • Elementary School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2025
Sold by
Catalino And Gloria Martinez Family Trus and Martinez Catalino
Bought by
Bellalitos Properties Llc
Current Estimated Value
$482,509

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 14, 2024
Sold by
Casey Olivia Anne
Bought by
Casey Michael Henry
Seller's Agent
Alishaan Abbas
Keller Williams Realty
Buyer's Agent
Camille Redmond
Walters & Associates, Inc.
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%

Purchase Details

Listed on
Sep 6, 2024
Closed on
Oct 10, 2024
Sold by
Casey Michael Henry
Bought by
Catalino And Gloria Martinez Family Trust and Martinez
Seller's Agent
Alishaan Abbas
Keller Williams Realty
Buyer's Agent
Camille Redmond
Walters & Associates, Inc.
List Price
$499,900
Sold Price
$465,000
Premium/Discount to List
-$34,900
-6.98%
Views
139

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 2, 2021
Sold by
Ladman Aurora and Rush Aurora G
Bought by
Casey Michael Henry
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Jay Burrows
United Real Estate Consultants
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
Rush Kevin and Rush Aurora
Bought by
Rush Aurora G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Rush Kevin and Rush Aurora
Bought by
Rush Kevin and Rush Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Bellalitos Properties Llc -- None Listed On Document
Casey Michael Henry -- Chicago Title
Catalino And Gloria Martinez Family Trust $465,000 Chicago Title
Casey Michael Henry $380,000 Chicago Title Company
Rush Aurora G $121,500 Stewart Title Of Ca Inc
Rush Kevin -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casey Michael Henry $285,000
Previous Owner Rush Aurora G $275,000
Previous Owner Rush Kevin $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $465,000 -7.0% $255 / Sq Ft
09/27/2024 09/27/24 For Sale $499,900 0.0% $274 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $499,900 +31.6% $274 / Sq Ft
10/12/2021 10/12/21 Sold $380,000 0.0% $208 / Sq Ft View Prior Sale
09/12/2021 09/12/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $380,000 -- $208 / 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 $5,889 $465,000 $105,000 $360,000
2024 $5,766 $395,352 $78,030 $317,322
2023 $5,766 $387,600 $76,500 $311,100
2022 $5,638 $380,000 $75,000 $305,000
2021 $2,874 $160,139 $48,036 $112,103
2020 $2,807 $158,498 $47,544 $110,954
2019 $2,752 $158,498 $47,544 $110,954
2018 $2,693 $152,346 $45,699 $106,647
2017 $2,674 $149,359 $44,803 $104,556
2016 $2,482 $146,431 $43,925 $102,506
2015 $2,462 $144,233 $43,266 $100,967
2014 $2,384 $141,409 $42,419 $98,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202409064

Bakersfield Association of REALTORS® / GEMLS

APN: 003-201-03-00-5