NOT LISTED FOR SALE

218 Colin B Kelly Dr Unit A,B,C Bakersfield, CA 93308

Oildale Neighborhood

Estimated Value: $349,000 - $387,000

3 Beds
3 Baths
1,720 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $370,000 $215 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,603/month

224 Days on Market

About This Home

As of May 2024

Great investment property with tenants in place! Triplex in the North Area of Bakersfield. All 1 bedroom 1 bath with their own 1 car garage, enclosed patio, and washer and dryer hook-ups. Units have been well maintained and a new electrical panel with 125 amps is being installed. Newer air conditioning wall units have been installed in 2 units while the 3rd unit already has one. There is a rear storage area for the units. Offers are subject to interior inspection. Please do not disturb the tenants. Interior Pictures were taken prior to tenants moving in.

Last Agent to Sell the Property

Lydia Guillen

Avalar Real Estate Alliance License #01034602 Listed on: 09/19/2023

Last Buyer's Agent

Lydia Guillen

Avalar Real Estate Alliance License #01034602 Listed on: 09/19/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,378

Year Built

  • Built in 1951

Lot Details

  • 6,098

Parking

  • 3 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property

Schools

  • Beardsley Elementary And Middle School
  • North High School

Additional Features

  • 6,098 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 11421019

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $33,396
  • Net Operating Income $24,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,378

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1951
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1720.00

Exterior Features

  • Roof: Composition
  • Disclosures: Corp. Owned

Garage/Parking

  • Number Of Garages: 3
  • Parking Features: Garage

Utilities

  • Heatcool: Evaporative, Other

Schools

  • High School: North
  • Middle Or Junior School: Beardsley

Lot Info

  • Zoning Description: R-2 Triplex Multi-Family
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 11421019

Multi Family

  • Total Annual Expense: 8676.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 33396.00
  • Property Net Operating Income: 24720.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Jul 11, 2024
Sold by
Thein Jonathan and Chang Karen
Bought by
Thein-Chang Family Revocable Trust and Thein
Seller's Agent
Lydia Guillen
Avalar Real Estate Alliance
Buyer's Agent
Lydia Guillen
Avalar Real Estate Alliance
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%
Views
366
Current Estimated Value
$375,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,042
Avg. Annual Appreciation
1.23%

Purchase Details

Listed on
Sep 19, 2023
Closed on
May 1, 2024
Sold by
Rental Housing Investment Llc
Bought by
Chang Karen and Thein Jonathan
Seller's Agent
Lydia Guillen
Avalar Real Estate Alliance
Buyer's Agent
Lydia Guillen
Avalar Real Estate Alliance
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%
Views
366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2022
Sold by
John Adams
Bought by
Rental Housing Investment Llc

Purchase Details

Closed on
Jul 27, 2022
Sold by
Moreno Olvera Veronica
Bought by
Garduno Rey Luis Jaramil

Purchase Details

Closed on
Jul 26, 2022
Sold by
Stacy Uranday-Adams
Bought by
Adams John M

Purchase Details

Closed on
Jul 20, 2022
Sold by
218 Colin B Kelly Land Trust
Bought by
Adams John M and Garduno Rey Luis

Purchase Details

Closed on
Feb 17, 2015
Sold by
Gfs Development Corporation
Bought by
Savage Robert and The 218 Colin B Kelly Land Tru

Purchase Details

Closed on
Jan 30, 2012
Sold by
Equity Trust Company
Bought by
Gfs Development Corporation and The 218 Colin B Kelly Land Trust

Purchase Details

Closed on
Jan 26, 2010
Sold by
Stuart Lester P
Bought by
Equity Trust Company and Hannah M Savage Cesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,600
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2004
Sold by
Stuart Linda Ann
Bought by
Stuart Lester P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 1999
Sold by
Stuart Deborah J
Bought by
Stuart Lester P
Source: Public Records

Range of Values:

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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
Thein-Chang Family Revocable Trust -- None Listed On Document
Chang Karen $370,000 Placer Title
Rental Housing Investment Llc -- None Listed On Document
Garduno Rey Luis Jaramil -- Placer Title
Adams John M -- Placer Title
Adams John M $319,000 Placer Title
Savage Robert -- None Available
Gfs Development Corporation -- Accommodation
Equity Trust Company $48,000 First American Title Company
Stuart Lester P -- Ticor Title
Stuart Lester P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Karen $277,500
Previous Owner Equity Trust Company $46,600
Previous Owner Stuart Lester P $44,000
Previous Owner Stuart Lester P $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $370,000 -1.3% $215 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
01/14/2024 01/14/24 Price Changed $375,000 -1.3% $218 / Sq Ft
11/06/2023 11/06/23 For Sale $380,000 0.0% $221 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $380,000 -- $221 / 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
2024 $6,378 $325,380 $45,900 $279,480
2023 $2,861 $319,000 $45,000 $274,000
2022 $2,861 $47,336 $17,751 $29,585
2021 $2,599 $46,408 $17,403 $29,005
2020 $2,599 $45,933 $17,225 $28,708
2019 $2,405 $45,933 $17,225 $28,708
2018 $2,311 $44,152 $16,557 $27,595
2017 $2,253 $43,287 $16,233 $27,054
2016 $2,189 $42,439 $15,915 $26,524
2015 $2,157 $41,802 $15,676 $26,126
2014 $2,118 $40,984 $15,369 $25,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202309825

Bakersfield Association of REALTORS® / GEMLS

APN: 114-210-19-00-7