NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
7,500 Sq Ft Lot

Sale Details

Date Sold: October 31, 2024

Last sale price $500,000

67 Days on Market

About This Home

As of October 2024

Great investor opportunity! Desirable location -This property is a quadplex with a unit mix of a 2 bedroom 1 bathroom unit, two(2) units with 1 bedroom 1 bathroom and one(1) studio. The close proximity to schools, parks and restaurants make it ideal for anyone. The alley entrance offers ample parking under covered patio with additional parking off the main street . Each of these units are occupied with long term tenants.

Last Agent to Sell the Property

Eric Van Denk

Central Valley Property Adviso License #02071696 Listed on: 07/08/2024

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,500

Parking

  • Carport

Additional Features

  • 2-Story Property
  • 7,500 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 030284006000

Community Details

Overview

  • 4 Units
  • Merced Subdivision

Building Details

  • Gross Income $41,000
  • Net Operating Income $24,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1910
  • Building Stories: 2
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1722
  • Special Features: None
  • Stories: 2

Exterior Features

  • Roof: Other
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC, Central Heat

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 7500.00
  • Parcel #: 030284006000

Multi Family

  • Total Annual Expense: 16560.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 41000.00
  • Property Net Operating Income: 24840.00

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

Listed on
Jul 8, 2024
Closed on
Oct 4, 2024
Sold by
Bought by
Seller's Agent
Eric Van Denk
Central Valley Property Adviso
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$500,000
Sold Price
$500,000
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0609%
Mortgage Type
VA

Purchase Details

Closed on
Apr 16, 2020
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
$238,000
Interest Rate
0.033%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 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
$332,000
Interest Rate
0.0577%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$500,000 1St Priority Escrow
-- Fidelity National Title Co
-- Fidelity National Title Co
$415,000 Transcounty Title Company
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 $500,000
Previous Owner $238,000
Previous Owner $134,250
Previous Owner $332,000
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
10/31/2024 10/31/24 Sold $500,000 0.0% --
09/13/2024 09/13/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $500,000 -- --
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
2025 $4,503 $501,200 $95,000 $406,200
2024 $4,503 $420,275 $95,000 $325,275
2023 $4,206 $390,250 $85,000 $305,250
2022 $3,639 $335,250 $60,000 $275,250
2021 $2,933 $265,250 $60,000 $205,250
2020 $2,986 $265,275 $60,000 $205,275
2019 $2,832 $250,250 $55,000 $195,250
2018 $2,320 $220,250 $40,000 $180,250
2017 $2,233 $200,250 $40,000 $160,250
2016 $2,131 $190,275 $40,000 $150,275
2015 $1,683 $150,250 $35,000 $115,250
2014 $1,513 $135,303 $30,000 $105,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202411363

Bakersfield Association of REALTORS® / GEMLS

APN: 030-284-006

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