NOT LISTED FOR SALE

Estimated Value: $1,126,632

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

Sale Details

Date Sold: April 27, 2018

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

Est. 54% increase in value since last sale

Current estimated payment $7,168 / mo

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

Sheeza Gordon

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

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

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Property Details

Home Type

  • Multi-Family

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
  • 11,326 Sq Ft 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

Year Built

Built in 2004

Lot Details

0.26 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
Apr 16, 2018
Sold by
Bought by
Seller's Agent
Sheeza 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
$1,126,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,632
Avg. Annual Appreciation
5.35%

Purchase Details

Closed on
Sep 19, 2003
Sold by
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$730,000 Ticor Title Co
-- Fidelity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $416,500
Previous Owner $265,000
Previous Owner $335,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,706 $847,220 $174,084 $673,136
2025 $11,706 $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

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21804177

Bakersfield Association of REALTORS® / GEMLS

APN: 495-330-02-00-0

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