NOT LISTED FOR SALE

Estimated Value: $281,000 - $327,000

4 Beds
2 Baths
1,380 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $159,900 $116 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,844/month

34 Days on Market

About This Home

As of August 2018

Lot has excellent potential for development. Sellers would like to sell the two unit and vacant lot next door together so a developer can build a nice complex or add more units. If you combine them, get it rezoned, and put a multiunit on the combined lot it would be an investors dream! There is a 3/1.75 and a Studio. Tenant Occupied. According to the city, the lot is zoned R2 with HMR meaning that you can build additional units on the property for every 2,500sf. Do not disturb tenant. APN for vacant land 00818206.

Last Agent to Sell the Property

William Gordon

Watson Realty License #01462106 Listed on: 06/26/2018

Last Buyer's Agent

Rolando Gonzales

Golden Valley RealEstate Group License #01429046

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 1927

Lot Details

  • 9,424 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property

Schools

  • Roosevelt Bak Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00818207

Community Details

Overview

  • 2 Units
  • Oleander Subdivision

Building Details

  • Gross Income $15,000
  • Net Operating Income $13,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,295

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1927
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1380.00

Exterior Features

  • Disclosures: Probate

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 9424.00
  • Parcel #: 00818207

Multi Family

  • Total Annual Expense: 2000.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 15000.00
  • Property Net Operating Income: 13000.00

MLS Schools

  • Elementary School: Roosevelt_Bak

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $159,900 0.0% $116 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $159,900 -- $116 / 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 $3,295 $178,479 $50,196 $128,283
2024 $4,302 $174,980 $49,212 $125,768
2023 $4,302 $171,550 $48,248 $123,302
2022 $4,194 $168,187 $47,302 $120,885
2021 $2,931 $164,890 $46,375 $118,515
2020 $2,863 $163,200 $45,900 $117,300
2019 $2,808 $163,200 $45,900 $117,300
2018 $1,924 $88,270 $15,572 $72,698
2017 $1,908 $86,540 $15,267 $71,273
2016 $1,793 $84,844 $14,968 $69,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21807879

Bakersfield Association of REALTORS® / GEMLS

APN: 008-182-07-00-4