NOT LISTED FOR SALE

2206 Cullen Ct Bakersfield, CA 93314

Estimated Value: $1,029,000 - $1,246,919

10 Beds
7 Baths
4,188 Sq Ft
$269/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $730,000 $174 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,941/month

22 Days on Market

About This Home

As of April 2018

Premium 4Plex in the NW! 4Plex Town Homes in the Heart of NW Bakersfield off Allen between Palm & Rosedale HWY. Cap Rate Approximately 7.4%. Two units have 3 bedrooms & 2 bathrooms; one rents for $1,295/mo while the other rents for $1,395/mo. The other two units have 2 bedrooms & 2 bathrooms; both rent for $1,200/mo. The 2bd/2ba are approximately 1066 sf and the 3bd/2ba are approximately 1309 sf. Great tenants for this in demand property which has had Zero Vacancies under current owners. Excellent schools plus close to shopping & transportation. All four units have one master bedroom downstairs. The 2/2 units have two master bedroom ensuites. The 3/2 units have one bedroom & bathroom downstairs with two bedrooms & one bathroom upstairs. Spacious living rooms & kitchens. Kitchens include oven/range, dishwasher, refrigerator, and hood. This 4Plex is in great condition and won't last long. These are the type properties that every investor dreams of owning. Don't let this opportunity pass.

Last Agent to Sell the Property

William Gordon

Watson Realty License #01462106 Listed on: 04/05/2018

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,512

Year Built

  • Built in 2004

Lot Details

  • 0.26

Parking

  • 4 Car Garage
  • Uncovered Parking

Schools

  • Centennial Elementary School
  • Rosedale Middle School
  • Liberty High School

Additional Features

  • 2-Story Property
  • 0.26 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 49533002

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $61,080
  • Net Operating Income $53,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,512

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2004
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Liberty
  • Middle Or Junior School: Rosedale

Lot Info

  • Lot Size Sq Ft: 11326.00
  • Parcel #: 49533002

Multi Family

  • Total Annual Expense: 10428.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 61080.00
  • Property Net Operating Income: 53040.00

MLS Schools

  • Elementary School: Centennial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Apr 16, 2018
Sold by
Hawks Wesley D and Hawks Sherry K
Bought by
Dusty Roads Re Llc
Seller's Agent
William Gordon
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$719,900
Sold Price
$730,000
Premium/Discount to List
$10,100
1.4%
Current Estimated Value
$1,128,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,306
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Sep 19, 2003
Sold by
Williams Investment Group
Bought by
Hawks Wesley D and Hawks Sherry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,750
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Dusty Roads Re Llc $730,000 Ticor Title Co
Hawks Wesley D -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawks Wesley D $335,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $730,000 +1.4% $174 / Sq Ft
04/05/2018 04/05/18 For Sale $719,900 -- $172 / 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 $11,512 $830,609 $170,671 $659,938
2024 $11,512 $814,324 $167,325 $646,999
2023 $11,248 $798,358 $164,045 $634,313
2022 $11,019 $782,705 $160,829 $621,876
2021 $10,657 $767,359 $157,676 $609,683
2020 $10,464 $759,492 $156,060 $603,432
2019 $10,301 $759,492 $156,060 $603,432
2018 $7,721 $520,642 $73,499 $447,143
2017 $7,614 $510,434 $72,058 $438,376
2016 $7,200 $500,427 $70,646 $429,781
2015 $6,756 $461,000 $69,000 $392,000
2014 $6,923 $481,500 $100,000 $381,500
Source: Public Records

Agents Affiliated with this Home

  • William Gordon

    Seller's Agent in 2018

    William Gordon

    Watson Realty

    (661) 431-5534

    66 in this area

    571 Total Sales

    William Gordon
    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21804177

Bakersfield Association of REALTORS® / GEMLS

APN: 495-330-02-00-0

California Kern County Bakersfield 93314

2206 Cullen Ct, Bakersfield, CA

This home is located at 2206 Cullen Ct, Bakersfield, CA 93314 since 05 April 2018 and is currently estimated at $1,128,306, approximately $269 per square foot. This property was built in 2004. 2206 Cullen Ct is a home located in Kern County with nearby schools including Independence Elementary School, Rosedale Middle School, and Liberty High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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