NOT LISTED FOR SALE

Estimated Value: $298,000 - $410,000

2 Beds
1 Bath
2,012 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $198,000 $98 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,316/month

About This Home

As of December 2014

Income opportunity! For investment, or live in one and rent the others! 3 units, 2 bedrooms 1 bath each. Seller majorly renovated them, and also has a newer roof. This income earner is ready for a new owner!

Last Agent to Sell the Property

Diana Andrade

Watson Realty License #01747010 Listed on: 11/14/2014

Last Buyer's Agent

Kelli Schoell

Chaddick Williams Realty License #01778449

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,411

Year Built

  • Built in 1985

Lot Details

  • 8,521 Sq Ft Lot

Interior Spaces

  • 2,012 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Noble Elementary School
  • Washington Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 12620202

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $27,000
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,411

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1985
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2012.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size Sq Ft: 8521.00
  • Parcel #: 12620202

Multi Family

  • Total Annual Expense: 3600.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Annual Gross Income: 27000.00
  • Property Net Operating Income: 23400.00

MLS Schools

  • Elementary School: Noble, Myra A.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2023
Sold by
Saleh Rakan Ali
Bought by
Rakan Saleh And Sumyah Alqashri Revocable Tru and Saleh
Current Estimated Value
$355,704

Purchase Details

Closed on
Sep 14, 2023
Sold by
Alrubay Taj and Saleh Andera
Bought by
Taj Alrubay And Andera Saleh Revocable Trust and Alrubay

Purchase Details

Listed on
Nov 14, 2014
Closed on
Dec 8, 2014
Sold by
Mendoza Blanca R
Bought by
Saleh Rakan Ali and Saleh Andera
Seller's Agent
Diana Andrade
Watson Realty
Buyer's Agent
Kelli Schoell
Chaddick Williams Realty
List Price
$208,900
Sold Price
$198,000
Premium/Discount to List
-$10,900
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Listed on
Dec 27, 2011
Closed on
Jan 19, 2012
Sold by
Fannie Mae
Bought by
Mendoza Blanca R
Seller's Agent
Edward Paine
Unknown Broker
Buyer's Agent
Esther Ambriz
Capstone Real Estate
List Price
$77,000
Sold Price
$80,000
Premium/Discount to List
$3,000
3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.68%

Purchase Details

Closed on
Jul 7, 2011
Sold by
Contreras Alisa Jean and Contreras Dan B
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Aug 24, 2006
Sold by
Contreras Dan B and Contreras Dan
Bought by
Contreras Dan B and Contreras Alisa Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2002
Sold by
Redmond Stan and Redmond Janice Marie
Bought by
Contreras Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.89%
Source: Public Records

Range of Values:

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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
Rakan Saleh And Sumyah Alqashri Revocable Tru -- None Listed On Document
Taj Alrubay And Andera Saleh Revocable Trust -- None Listed On Document
Saleh Rakan Ali $198,000 Stewart Title Of Ca Inc
Mendoza Blanca R $80,000 Lsi Title Company Inc
Fannie Mae $127,494 Accommodation
Contreras Dan B -- Multiple
Contreras Dan $95,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Dan B $110,000
Previous Owner Contreras Dan $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2014 12/19/14 Sold $198,000 -5.2% $98 / Sq Ft
11/19/2014 11/19/14 Pending -- -- --
11/14/2014 11/14/14 For Sale $208,900 +161.1% $104 / Sq Ft
01/27/2012 01/27/12 Sold $80,000 +3.9% $40 / Sq Ft View Prior Sale
12/28/2011 12/28/11 Pending -- -- --
12/27/2011 12/27/11 For Sale $77,000 -- $38 / 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 $5,411 $237,955 $54,078 $183,877
2024 $5,236 $233,290 $53,018 $180,272
2023 $5,236 $228,717 $51,979 $176,738
2022 $4,910 $224,233 $50,960 $173,273
2021 $4,631 $219,837 $49,961 $169,876
2020 $4,517 $217,584 $49,449 $168,135
2019 $4,366 $217,584 $49,449 $168,135
2018 $4,249 $209,137 $47,530 $161,607
2017 $4,199 $205,038 $46,599 $158,439
2016 $3,641 $201,019 $45,686 $155,333
2015 $3,638 $198,000 $45,000 $153,000
2014 $2,288 $81,969 $20,492 $61,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21412212

Bakersfield Association of REALTORS® / GEMLS

APN: 126-202-02-00-5