NOT LISTED FOR SALE

2212 Lake St Bakersfield, CA 93306

West Pioneer Dr Neighborhood

Estimated Value: $404,000 - $572,000

8 Beds
8 Baths
4,256 Sq Ft
$116/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $200,000 $47 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,884/month

171 Days on Market

Highlights

  • Built-In Features
  • Ceiling Fan
  • 1-Story Property

About This Home

As of September 2016

2208 & 2212 Lake Street. APN# 137-410-04 & APN# 137-410-06 Owner User / Investment Opportunity! Beautiful Eight (8) Unit single story Apartments. Great Family Area in Bakersfield. This Property Features Four(4) Separate Structure, Eight (8) Unit One (1) Bedroom(s) and One (1) Bathroom(s) units, Wrap-Around Window-Line, Wood Flooring Throughout Living Area, Large Kitchen Area with Upgraded Built-in Cabinets, Ceiling Fan(s), Multiple Entry/Exit Door(s). Great Curb Appeal with a Large Spacious Common Front / Side Yard with Beautiful Grass Area, Concrete Walking Path from Street to Unit(s). *Potential Washer/Dryer Hookup in Back of Property, Street Parking for Tenants. Close Proximity to Local Amenities, Schools, Day Care Centers, Robobank Arena Theater and Convention Center, San Joaquin Community Ice Rink Center, San Joaquin Community Hospital, Bakersfield Amtrak and Golden State 99 and 58 Highways

Last Agent to Sell the Property

Matt Sreden

Spectrum Commercial Real Estate, Inc. License #01907628 Listed on: 03/07/2016

Last Buyer's Agent

Ramin Ghamsari

License #01945463

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 0.32 Acre Lot

Parking

  • On-Street Parking

Interior Spaces

  • 4,256 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 13741004 & 06

Community Details

Overview

  • 4 Buildings
  • 8 Units

Building Details

  • Vacancy Allowance $2,466

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: Yes
  • Alley: No
  • Living Area: 4256
  • Price Per Unit: 53125.00
  • Stories: 1
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Equipment: Built-Ins, Ceiling Fan, Garbage Disposal
  • Price Per S Q F T: 93.98

Exterior Features

  • Tennis Court Y/N: No
  • Paved: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Structures: 0
  • Parking Garage: Above Street Level

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Electric
  • Water Expense: 96.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1022.00

Lot Info

  • Additions Alterations: No
  • Assessor Parcel Number: 13741004 & 06
  • Geocode Override: No
  • Lot Size Area: 13750

Rental Info

  • Total Actual Rent: 4100.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 9.07
  • Number Of Units: 8
  • Type Of Units: 1+1
  • Vacancy Allow: 2466

Tax Info

  • Tax Expense: 4209.00
  • Tax New: 4760.00
  • Tax Percent: 1.12
  • Tax Rate Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2008
Sold by
Sciarrino Angelina
Bought by
Fannie Mae and Federal National Mortgage Association
Current Estimated Value
$448,667

Purchase Details

Closed on
Jan 5, 2000
Sold by
Martinez Benito and Martinez Luz Maria
Bought by
Beneficial Mtg Co Of California and Beneficial Mtg Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fannie Mae $336,631 Accommodation
Beneficial Mtg Co Of California $45,000 First American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2016 09/09/16 Sold $200,000 -52.9% $47 / Sq Ft
08/31/2016 08/31/16 For Sale $424,999 0.0% $100 / Sq Ft
08/25/2016 08/25/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $424,999 0.0% $100 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
04/23/2016 04/23/16 Price Changed $424,999 +12.2% $100 / Sq Ft
03/07/2016 03/07/16 For Sale $378,888 +260.8% $89 / Sq Ft
07/09/2012 07/09/12 Sold $105,000 -4.5% $49 / Sq Ft View Prior Sale
06/14/2012 06/14/12 For Sale $110,000 -- $52 / Sq Ft
Source: The MLS

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 $6,450 $238,939 $39,821 $199,118
2024 $6,450 $234,255 $39,041 $195,214
2023 $6,228 $229,663 $38,276 $191,387
2022 $5,798 $225,161 $37,526 $187,635
2021 $5,431 $220,747 $36,791 $183,956
2020 $5,282 $218,484 $36,414 $182,070
2019 $5,087 $218,484 $36,414 $182,070
2018 $4,950 $210,000 $35,000 $175,000
2017 $4,811 $200,000 $35,000 $165,000
2016 $3,142 $109,222 $26,004 $83,218
2015 $3,140 $107,582 $25,614 $81,968
2014 $3,075 $105,476 $25,113 $80,363
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Matt Sreden

    Spectrum Commercial Real Estate, Inc.

    Section Image

  • R

    Buyer's Agent in 2016

    Ramin Ghamsari

  • C

    Seller's Agent in 2012

    Connie Cohen

    Unknown Broker

  • G

    Buyer's Agent in 2012

    Glen Jensen

    Unknown Broker

See All Agents

Map

Source: The MLS

MLS Number: 16-107732

The MLS

APN: 137-410-06-00-4

California Kern County Bakersfield 93306 West Pioneer Dr

2212 Lake St, Bakersfield, CA

Not Listed for Sale

MultiFamily

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