NOT LISTED FOR SALE

Estimated Value: $227,000 - $251,000

2 Beds
1 Bath
812 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $330,000 $406 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $1,406/month

41 Days on Market

About This Home

As of February 2022

Great investor property! Three homes on two seperate parcel located on a corner! 720 & 730 V Street are included in the purchase price. Each unit is a two bedroom, one bath home. Storage unit for each home.

Last Agent to Sell the Property

Theresa Edmoundson-Olson

Keller Williams Realty License #903775 Listed on: 11/22/2021

Keller Williams Realty

Co-Listed By

Taha Rashik

Keller Williams Realty License #01881689

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • 6 Car Parking Spaces

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property

Schools

  • Mckinley Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00947102

Community Details

Overview

  • 3 Units
  • California Avenue Pa Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $23,942

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1948
  • Building Stories: 1
  • Property Sub Type: Other
  • Co List Office Mls Id: 10406
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 812.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Other

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Parcel #: 00947102

Multi Family

  • Total Annual Expense: 4857.93
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 23942.07

MLS Schools

  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2021
Closed on
Dec 29, 2021
Sold by
Fakhruddin Jivanjee Maryah
Bought by
Bahrainwala Batul Ali Asger
Seller's Agent
Theresa Edmoundson-Olson
Keller Williams Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$353,000
Sold Price
$330,000
Premium/Discount to List
-$23,000
-6.52%
Current Estimated Value
$236,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,719
Avg. Annual Appreciation
-8.17%

Purchase Details

Closed on
Dec 1, 2016
Sold by
Bahrainwala Batul Ali Asger
Bought by
Bahrainwala Batul Ali Asger and Rashik Mohammmed

Purchase Details

Closed on
Aug 22, 2016
Sold by
Gibbons Eric J and Gibbons Donna L Mcclure
Bought by
Jivanjee Maryah Fakhruddin and Bahrainwala Batul Ali Asger

Purchase Details

Closed on
Dec 29, 2011
Sold by
Gibbons Earle J and Earle & Joan Gibbons Family Tr
Bought by
Gibbons Eric J and Gibbons Donna L Mcclure

Purchase Details

Closed on
Dec 17, 2004
Sold by
Nguyen Luoc and Nguyen Khai
Bought by
Nguyen Khai

Purchase Details

Closed on
Jan 30, 2004
Sold by
Nguyen Khai
Bought by
Nguyen Khai and Nguyen Luoc
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
Bahrainwala Batul Ali Asger -- Placer Title
Bahrainwala Batul Ali Asger -- None Available
Jivanjee Maryah Fakhruddin $180,000 Chicago Title Company
Gibbons Eric J -- None Available
Nguyen Khai -- --
Nguyen Khai -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Sold $330,000 -6.5% $406 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
11/22/2021 11/22/21 For Sale $353,000 -- $435 / 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 $2,054 $116,732 $42,448 $74,284
2024 $2,007 $114,444 $41,616 $72,828
2023 $2,007 $112,200 $40,800 $71,400
2022 $1,532 $74,636 $23,238 $51,398
2021 $1,433 $73,174 $22,783 $50,391
2020 $1,433 $72,425 $22,550 $49,875
2019 $1,372 $72,425 $22,550 $49,875
2018 $1,343 $69,615 $21,675 $47,940
2017 $1,333 $68,250 $21,250 $47,000
2016 $886 $34,887 $10,901 $23,986
2015 $875 $34,364 $10,738 $23,626
2014 $848 $33,692 $10,528 $23,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202112507

Bakersfield Association of REALTORS® / GEMLS

APN: 009-471-02-00-3