NOT LISTED FOR SALE

Estimated Value: $348,163 - $397,000

3 Beds
2 Baths
2,200 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $250,000 $114 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,286/month

25 Days on Market

About This Home

As of May 2021

Great 2-unit property to add to your portfolio. Each unit features 3 bedrooms, 1.5 baths, laundry hook-ups and private backyard. There is a newer roof and 2 newer HVAC. One unit has solar. Property has brick fencing and rear parking. Very clean property, you do not want to miss this one. Tons of potential for added income. Tenants are on month-to-month agreements. Owner currently rents units by the room at $500 per month. Current gross income is $2000 with potential for $3000 if the 2 remaining rooms are rented. Do not disturb tenants.

Last Agent to Sell the Property

Autumn Mitchell

Tobias Real Estate License #02073506 Listed on: 03/19/2021

Last Buyer's Agent

Celso Sanchez

Diamond Realty Group License #01980520

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Fremont Bak Elementary School
  • Chipman Middle School
  • Mira Monte High School

Listing and Financial Details

  • Assessor Parcel Number 01828002

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,000
  • Net Operating Income $18,932

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1982
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2200.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Chipman

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Parcel #: 01828002

Multi Family

  • Total Annual Expense: 5068.00
  • Vacancy Factor: 4.50
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.00
  • Property Net Operating Income: 18932.00

MLS Schools

  • Elementary School: Fremont_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Mar 25, 2021
Sold by
Richard Marvella
Bought by
Zambrano Ramirez Francisco and Zambrano Manuela A
Seller's Agent
Autumn Mitchell
Tobias Real Estate
Buyer's Agent
Celso Sanchez
Diamond Realty Group
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
$370,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,291
Avg. Annual Appreciation
8.72%
Original Mortgage
$187,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2014
Sold by
Richard Eugene
Bought by
Richard Eugene and Richard Marvella

Purchase Details

Closed on
Feb 3, 2014
Sold by
Richard Dorothy L
Bought by
Richard Eugene

Purchase Details

Closed on
Apr 28, 2000
Sold by
Richard Percy and Richard Dorothy
Bought by
Richard Percy
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
Zambrano Ramirez Francisco $250,000 Ticor Title
Richard Eugene -- None Available
Richard Eugene -- None Available
Richard Percy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zambrano Ramirez Francisco $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $250,000 +2.0% $114 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $245,000 -- $111 / 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 $4,358 $270,606 $48,709 $221,897
2024 $4,262 $265,301 $47,754 $217,547
2023 $4,262 $260,100 $46,818 $213,282
2022 $4,155 $255,000 $45,900 $209,100
2021 $1,974 $84,950 $16,980 $67,970
2020 $1,908 $84,080 $16,806 $67,274
2019 $1,872 $84,080 $16,806 $67,274
2018 $1,835 $80,816 $16,154 $64,662
2017 $1,819 $79,233 $15,838 $63,395
2016 $1,713 $77,680 $15,528 $62,152
2015 $1,694 $76,514 $15,295 $61,219
2014 $1,642 $75,016 $14,996 $60,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202102922

Bakersfield Association of REALTORS® / GEMLS

APN: 018-280-02-01-6