NOT LISTED FOR SALE

Estimated Value: $563,860 - $657,000

8 Beds
4 Baths
3,264 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $495,000 $152 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,864/month

13 Days on Market

About This Home

As of October 2021

Great Income Producing Property. 100% Occupied all units are 2 bdrm 1 bath with low maintenance yard, laundry on site and pay as you use Washer for Additional income. Drive By Only Do Not Disturb Tenants

Last Agent to Sell the Property

Michael McCracken

RE/MAX Golden Empire License #01723243 Listed on: 10/01/2021

RE/MAX Golden Empire

Last Buyer's Agent

John Covey

Unknown Broker License #02081753

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,342

Year Built

  • Built in 1985

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 04044017

Community Details

Overview

  • 4 Units
  • Town Of Tehachapi Subdivision

Building Details

  • Gross Income $47,400
  • Net Operating Income $39,342

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,342

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1985
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3264.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

  • High School: Other-Outlying
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Parcel #: 04044017

Multi Family

  • Total Annual Expense: 8058.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 47400.00
  • Property Net Operating Income: 39342.00

MLS Schools

  • Elementary School: Other-Outlying

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Checa Ruth C and Checa Francisco J
Bought by
Mountain Spirit Llc
Current Estimated Value
$603,991

Purchase Details

Listed on
Oct 1, 2021
Closed on
Sep 23, 2021
Sold by
Maxwell Shawn Kelly
Bought by
Checa Ruth C and Checa Francisco J
Seller's Agent
Michael McCracken
RE/MAX Golden Empire
Buyer's Agent
John Covey
Unknown Broker
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$321,750
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2018
Sold by
W R Properties
Bought by
Maxwell Shawn Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
May 27, 2015
Sold by
The Bank Of New York Mellon
Bought by
Rincon Ruben

Purchase Details

Closed on
Mar 26, 2015
Sold by
Washington Maryetta
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 28, 2013
Sold by
Molder Van E
Bought by
W R Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
3.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 21, 2011
Sold by
Molder Van E
Bought by
Molder Van E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,378
Interest Rate
4.82%
Mortgage Type
VA

Purchase Details

Closed on
Jun 14, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bodenmiller James Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,085
Interest Rate
4.92%
Mortgage Type
VA

Purchase Details

Closed on
Apr 29, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Molder Van E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,085
Interest Rate
4.92%
Mortgage Type
VA

Purchase Details

Closed on
Apr 23, 2010
Sold by
Austin Rachel A
Bought by
Molder Van E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,085
Interest Rate
4.92%
Mortgage Type
VA

Purchase Details

Closed on
Jul 21, 2009
Sold by
Mcgurk Patrick
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 1, 2005
Sold by
Lee Glen M and Lee Linda M
Bought by
Lee Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.51%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 27, 2005
Sold by
Halsted Dana
Bought by
Mcgurk Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.51%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 13, 2005
Sold by
Lee Glen and Lee Linda
Bought by
Mcgurk Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.51%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 16, 2004
Sold by
Lee Glen M and Lee Linda M
Bought by
Lee Glen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.39%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 14, 2002
Sold by
Lee Glen M and Lee Linda M
Bought by
Lee Glen M

Purchase Details

Closed on
Feb 26, 2002
Sold by
Lenker Robert and Lenker Cathy
Bought by
Lee Glen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2000
Sold by
Miller Donald Dean and Miller Deanna R
Bought by
Lenker Robert

Purchase Details

Closed on
Sep 12, 1997
Sold by
Robe Burgeis Thelma L Miller Donald Dean and Robe Deanna R
Bought by
Miller Donald Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 1995
Sold by
Great Western Bank
Bought by
Miller Donald Dean

Purchase Details

Closed on
Mar 10, 1995
Sold by
Great Western Bank
Bought by
Great Western Bank
Source: Public Records

Range of Values:

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Average Value
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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
Mountain Spirit Llc -- Fidelity National Title
Checa Ruth C $495,000 First American Title Company
Maxwell Shawn Kelly $325,000 First American Title
Rincon Ruben $49,500 Servicelink
The Bank Of New York Mellon $76,500 Accommodation
W R Properties $205,000 First American Title Company
Molder Van E -- First American Title Company
Molder Van E -- Nations Title Agency Inc
Bodenmiller James Leon $184,000 Ticor Title Riverside
Molder Van E $190,000 Lsi Title Company
Molder Van E -- Lsi Title Company
Federal Home Loan Mortgage Corporation $171,116 Fidelity National Title Insu
Lee Glen -- Alliance Title
Mcgurk Patrick -- Alliance Title
Mcgurk Patrick $385,000 Alliance Title
Lee Glen M -- Commonwealth Land Title Co
Lee Glen M -- --
Lee Glen M -- --
Lee Glen M $102,000 Chicago Title Co
Lenker Robert -- Chicago Title Co
Miller Donald Dean $30,500 Commonwealth Land Title Co
Miller Donald Dean $38,000 Commonwealth Land Title Co
Great Western Bank $111,140 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Checa Ruth C $321,750
Previous Owner Maxwell Shawn Kelly $328,767
Previous Owner Maxwell Shawn Kelly $328,767
Previous Owner Maxwell Shawn Kelly $325,000
Previous Owner W R Properties $205,000
Previous Owner Molder Van E $198,378
Previous Owner Molder Van E $194,085
Previous Owner Mcgurk Patrick $319,000
Previous Owner Mcgurk Patrick $14,000
Previous Owner Mcgurk Patrick $288,000
Previous Owner Lee Glen M $136,000
Previous Owner Lee Glen M $76,500
Previous Owner Lenker Robert $80,000
Previous Owner Miller Donald Dean $74,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $495,000 0.0% $152 / Sq Ft
10/01/2021 10/01/21 For Sale $495,000 -- $152 / 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 $6,342 $492,109 $104,040 $388,069
2024 $6,342 $482,460 $102,000 $380,460
2023 $6,110 $473,000 $100,000 $373,000
2022 $6,393 $495,000 $75,000 $420,000
2021 $4,423 $334,933 $66,986 $267,947
2020 $4,423 $331,500 $66,300 $265,200
2019 $4,378 $331,500 $66,300 $265,200
2018 $3,053 $221,859 $32,466 $189,393
2017 $3,046 $217,510 $31,830 $185,680
2016 $2,975 $213,246 $31,206 $182,040
2015 $2,843 $210,044 $30,738 $179,306
2014 $2,816 $205,930 $30,136 $175,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202111243

Bakersfield Association of REALTORS® / GEMLS

APN: 040-440-17-00-0