NOT LISTED FOR SALE

Estimated Value: $1,013,973

10 Beds
7 Baths
4,316 Sq Ft
$235/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2016

Last sale price $600,000 $139 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,501 / mo

51 Days on Market

About This Home

As of March 2016

Northwest Bakersfield fourplex located next to Froehlich Ranch and the Albertsons Shopping center. This is one of the premier fourplex communities in Bakersfield. The buildings consists of 2 2 bedrooms and 2 3 bedrooms. Each unit has a 2 car garage with direct access. The units also feature laundry hookups. Rents range from $1170 - $1200.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 01/07/2016

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 01/07/2016

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 13,090 Sq Ft Lot

Interior Spaces

  • 4,316 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 49533022

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $56,440
  • Net Operating Income $30,412

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0.3 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2004
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4316.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Garage, Uncovered
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 13090.00
  • Parcel #: 49533022

Multi Family

  • Total Annual Expense: 23205.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 56440.00
  • Property Net Operating Income: 30412.00

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

Closed on
May 29, 2021
Sold by
Bought by
Current Estimated Value
$1,013,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$398,437
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$615,536

Purchase Details

Listed on
Jan 7, 2016
Closed on
Feb 18, 2016
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$610,000
Sold Price
$600,000
Premium/Discount to List
-$10,000
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$350,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2005
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
$445,600
Interest Rate
5.75%
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
-- Pacific Coast Title Company
$600,000 First American Title Company
$755,000 Alliance 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 $140,000
Open $450,000
Closed $350,000
Previous Owner $445,600
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
03/28/2016 03/28/16 Sold $600,000 -1.6% $139 / Sq Ft
02/27/2016 02/27/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $610,000 -- $141 / 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 $11,140 $724,477 $120,744 $603,733
2025 $11,140 $710,273 $118,377 $591,896
2024 $10,947 $696,347 $116,056 $580,291
2023 $10,694 $682,694 $113,781 $568,913
2022 $10,465 $669,308 $111,550 $557,758
2021 $10,102 $656,185 $109,363 $546,822
2020 $9,904 $649,458 $108,242 $541,216
2019 $9,744 $649,458 $108,242 $541,216
2018 $9,528 $624,240 $104,040 $520,200
2017 $9,393 $612,000 $102,000 $510,000
2016 $7,549 $475,000 $71,000 $404,000
2015 $7,513 $475,000 $71,000 $404,000
2014 $7,679 $496,500 $100,000 $396,500
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21600228

Bakersfield Association of REALTORS® / GEMLS

APN: 495-330-22-00-8

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