NOT LISTED FOR SALE
-- Bed
-- Bath
4,669 Sq Ft
0.34 Acres

Last Sold October 30, 2020

Last sale price $549,950 $118 Per Sq Ft

22 Days on Market

About This Home

As of October 2020

Sagepoint Area 5 Plex located on a very large corner lot in Southwest Bakersfield. A true Bread and Butter investment with 4 units made up of 2 bedrooms and 1 bathroom and 1 owner-style unit offering 3 bedrooms and 1.75 bathrooms plus fireplace, and 2 car attached garage. The other units have a detached 1 car garage. Until recently these units had just one owner, and they are very well located within walking distance to restaurants, Starbucks, groceries, and Sweet Surrender.The units are in good shape. This is an excellent money-making opportunity, make your offer today!

Last Agent to Sell the Property

Terri Collins

Watson Realty License #613837 Listed on: 10/08/2020

Last Buyer's Agent

Kristi Barnhard

Miramar International Calloway License #01871651

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.34 Acre Lot

Interior Spaces

  • 4,669 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Car Garage
  • Uncovered Parking

Schools

  • Castle Elementary School
  • Actis Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 35536101

Community Details

Overview

  • 5 Units
  • Sagepoint Subdivision

Building Details

  • Gross Income $54,060
  • Net Operating Income $46,864

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1979
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4669.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 5

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Lot Size Sq Ft: 14849.00
  • Parcel #: 35536101

Multi Family

  • Total Annual Expense: 7196.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 5
  • Annual Gross Income: 54060.00
  • Property Net Operating Income: 46864.00

MLS Schools

  • Elementary School: Castle, C. H.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2020 10/30/20 Sold $549,950 0.0% $118 / Sq Ft
10/08/2020 10/08/20 For Sale $549,950 +10.2% $118 / Sq Ft
07/12/2019 07/12/19 Sold $498,824 -0.2% $107 / Sq Ft View Prior Sale
06/12/2019 06/12/19 Pending -- -- --
05/29/2019 05/29/19 For Sale $499,999 -- $107 / 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 $8,671 $595,335 $112,572 $482,763
2024 $8,671 $583,663 $110,365 $473,298
2023 $8,535 $572,219 $108,201 $464,018
2022 $8,197 $561,000 $106,080 $454,920
2021 $7,887 $550,000 $104,000 $446,000
2020 $7,196 $499,000 $95,000 $404,000
2019 $6,332 $432,970 $81,181 $351,789
2018 $6,069 $416,160 $78,030 $338,130
2017 $5,997 $408,000 $76,500 $331,500
2016 $5,628 $400,000 $75,000 $325,000
2015 $3,726 $230,000 $40,000 $190,000
2014 $3,698 $230,000 $40,000 $190,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202010467

Bakersfield Association of REALTORS® / GEMLS