NOT LISTED FOR SALE
-- Beds
-- Baths
8,460 Sq Ft
0.82 Acre Lot

Sale Details

Date Sold: May 16, 2017

Last sale price $470,000 $56 Per Sq Ft

25 Days on Market

About This Home

As of May 2017

This property consists of 11 total Units. Main house and five duplexes. Each duplex is 2 bedrm/1bath. Two units built in 1965, two in 1966, and one in 1982. All units have laundry hookups in kitchen. Main Adobe house is 2 bedroom 1 bath circa 1940. Current rents are low, estimated market rents in range of $600-$650. Long term tenants. Owner of almost 40 years selling to enjoy retirement. Property well maintained and in good condition by owner who also manages them.

Last Agent to Sell the Property

Greg Holland

Coldwell Banker Preferred,RLT License #751551 Listed on: 04/21/2017

Coldwell Banker Preferred,RLT

Last Buyer's Agent

Greg Holland

Coldwell Banker Preferred,RLT License #751551 Listed on: 04/21/2017

Coldwell Banker Preferred,RLT
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 35,577 Sq Ft Lot

Interior Spaces

  • 8,460 Sq Ft Home
  • 1-Story Property

Parking

  • 12 Car Parking Spaces
  • Uncovered Parking

Schools

  • West Elementary School
  • Curran Middle School
  • South High School

Listing and Financial Details

  • Assessor Parcel Number 16610122

Community Details

Overview

  • 11 Units

Building Details

  • Gross Income $66,720
  • Net Operating Income $51,810

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.82 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Building Stories: 1
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 8460.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 12.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: South
  • Middle Or Junior School: Curran

Lot Info

  • Lot Size Sq Ft: 35577.00
  • Parcel #: 16610122

Multi Family

  • Total Annual Expense: 14910.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 11
  • Annual Gross Income: 66720.00
  • Property Net Operating Income: 51810.00

MLS Schools

  • Elementary School: West, Frank

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
Nov 27, 2018
Sold by
Group Iv Pomona Properties Ltd
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
$1,410,000
Outstanding Balance
$1,220,028
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 21, 2017
Closed on
May 5, 2017
Sold by
Mccleod Thomas J and Mccleod Carolyn L
Bought by
Group Iv Pomona Properties Ltd
Seller's Agent
Greg Holland
Coldwell Banker Preferred,RLT
Buyer's Agent
Greg Holland
Coldwell Banker Preferred,RLT
List Price
$469,900
Sold Price
$470,000
Premium/Discount to List
$100
0.02%

Purchase Details

Closed on
Apr 20, 2005
Sold by
Mccleod Thomas J
Bought by
Mccleod Thomas J and Mccleod Carolyn L
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
-- Orange Coast Title Builder S
Group Iv Pomona Properties Ltd $470,000 Chicago Title Company
Mccleod Thomas J -- None Available
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 $1,410,000
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
05/16/2017 05/16/17 Sold $470,000 0.0% $56 / Sq Ft
04/21/2017 04/21/17 For Sale $469,900 -- $56 / 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 $16,488 $556,377 $130,214 $426,163
2025 $16,488 $545,468 $127,661 $417,807
2024 $16,008 $534,773 $125,158 $409,615
2023 $15,438 $524,288 $122,704 $401,584
2022 $14,568 $514,009 $120,299 $393,710
2021 $13,678 $503,932 $117,941 $385,991
2020 $13,308 $498,766 $116,732 $382,034
2019 $12,801 $498,766 $116,732 $382,034
2018 $14,228 $479,400 $112,200 $367,200
2017 $12,432 $362,866 $42,428 $320,438
2016 $6,510 $355,752 $41,597 $314,155
2015 $6,504 $350,410 $40,973 $309,437
2014 $6,348 $343,547 $40,171 $303,376
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21704485

Bakersfield Association of REALTORS® / GEMLS
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