NOT LISTED FOR SALE

222 Washington Ave Bakersfield, CA 93308

Estimated Value: $432,525 - $516,000

8 Beds
1 Bath
2,820 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 05, 2017

Last sale price $259,000 $92 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,126/month

20 Days on Market

About This Home

As of September 2017

Very well cared for fourplex. Each unit is 2 bedrooms & 1 bathroom. Updates within the last 6 years include new sinks, toilets, faucets, blinds, flooring & swamp coolers! Long term tenants that want to stay and love their homes!

Last Agent to Sell the Property

Tanya Carruesco

Brimhall Realty License #01989519 Listed on: 07/17/2017

Co-Listed By

Gary Carruesco

Brimhall Realty License #01964425

Last Buyer's Agent

Michael Freedman

American Real Estate License #01212171

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,384

Parking

  • Uncovered Parking

Interior Spaces

  • 2,820 Sq Ft Home
  • 2-Story Property

Schools

  • Standard Elementary And Middle School
  • North High School

Additional Features

  • 8,384 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 11325103

Community Details

Overview

  • 4 Units
  • Highland Subdivision

Building Details

  • Gross Income $31,200
  • Net Operating Income $24,853

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

8,384 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1969
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 9446
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2820.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 8384.00
  • Parcel #: 11325103

Multi Family

  • Total Annual Expense: 1872.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 31200.00
  • Property Net Operating Income: 24853.22

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Newton Lee Llc
Bought by
Skd Real Estate Llc
Current Estimated Value
$471,881

Purchase Details

Closed on
Dec 8, 2020
Sold by
Channel Island Holding Comapny Llc
Bought by
Newton Lee Llc

Purchase Details

Listed on
Jul 17, 2017
Closed on
Jul 27, 2017
Sold by
Crabb Dean and Crabb Carolynne
Bought by
Channel Islands Holding Company Llc
Seller's Agent
Tanya Carruesco
Brimhall Realty
Buyer's Agent
Michael Freedman
American Real Estate
List Price
$259,000
Sold Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$168,350
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Crabb Dean and Crabb Carolynne

Purchase Details

Closed on
Sep 16, 2008
Sold by
Hamilton Alan J and Hamilton Kim
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 1, 2004
Sold by
Sidhu Bill and The Kamaal 94 Trust
Bought by
Hamilton Alan J and Hamilton Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,300
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2003
Sold by
Schaeffer Charles and Schaeffer Daryle
Bought by
Sidhu Bill and Kamaal 94 Trust

Purchase Details

Closed on
Aug 8, 2000
Sold by
Schaeffer Charles and Schaeffer Daryle
Bought by
Schaeffer Charles and Schaeffer Daryle

Purchase Details

Closed on
Mar 15, 1999
Sold by
Hud
Bought by
Schaeffer Charles and Schaeffer Daryle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.1%

Purchase Details

Closed on
Jun 8, 1998
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jun 2, 1998
Sold by
Mattison Glenn E and Mattison Mary Lou
Bought by
Fleet Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Skd Real Estate Llc $350,000 Ticor Title Company
Newton Lee Llc $320,000 Ticor Title Company
Channel Islands Holding Company Llc $259,000 Placer Title Company
Crabb Dean $85,000 First American Title Company
Deutsche Bank National Trust Co $119,000 Landsafe Title
Hamilton Alan J -- Chicago Title
Sidhu Bill $200,000 Fidelity Title
Schaeffer Charles -- --
Schaeffer Charles $44,000 American Title Co
Hud -- Fidelity National Title Ins
Fleet Mtg Corp $109,332 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Channel Islands Holding Company Llc $168,350
Previous Owner Hamilton Alan J $183,300
Previous Owner Schaeffer Charles $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2017 09/05/17 Sold $259,000 0.0% $92 / Sq Ft
08/06/2017 08/06/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $259,000 -- $92 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $8,049 $378,850 $97,418 $281,432
2024 $7,760 $371,422 $95,508 $275,914
2023 $7,760 $364,140 $93,636 $270,504
2022 $7,355 $357,000 $91,800 $265,200
2021 $6,044 $272,253 $52,558 $219,695
2020 $5,758 $269,463 $52,020 $217,443
2019 $5,687 $269,463 $52,020 $217,443
2018 $5,473 $259,000 $50,000 $209,000
2017 $3,431 $94,305 $27,734 $66,571
2016 $3,275 $92,457 $27,191 $65,266
2015 $3,238 $91,069 $26,783 $64,286
2014 $3,179 $89,286 $26,259 $63,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21708153

Bakersfield Association of REALTORS® / GEMLS

APN: 113-251-03-00-2

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