NOT LISTED FOR SALE

Estimated Value: $720,013 - $797,000

9 Beds
6 Baths
4,505 Sq Ft
$168/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $725,000 $161 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,503/month

26 Days on Market

About This Home

As of November 2024

Desirable Southwest Bakersfield Fourplex on corner in 93309 zip code. All units have 2-car garages and ample street parking. Front unit is 3 bedroom/1.75 bath renting for $1,088, well below market. Units B and C are 2 bedroom/1 bath units renting at $1425 (New Tenant) and $915. D unit is a 2 bedroom/2bath and has direct access from kitchen to garage: now vacant, market rent is $1500 plus.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 07/12/2024

Keller Williams Realty

Last Buyer's Agent

Juana Pineda

Executive Realty & Investments License #01362468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,370

Year Built

  • Built in 1976

Lot Details

  • 0.32

Home Design

  • Wood Roof
  • Composition Roof

Interior Spaces

  • 4,505 Sq Ft Home
  • 1-Story Property

Schools

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

Additional Features

  • 0.32 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 35526102

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $58,836
  • Net Operating Income $37,086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,370

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1976
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.3200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4505.00

Exterior Features

  • Roof: Composition, Wood
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 13939.00
  • Parcel #: 35526102

Multi Family

  • Total Annual Expense: 21750.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 58836.00
  • Property Net Operating Income: 37086.00

MLS Schools

  • Elementary School: Castle, C. H.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Paredes Gerardo
Bought by
Flores-Gonzales Samuel
Current Estimated Value
$758,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,112
Interest Rate
6.09%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2010
Sold by
Smith Bob N and Smith Charlotte A
Bought by
Paredes Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2002
Sold by
Maynard Daniel E and Maynard Cheri
Bought by
Smith Bob N and Smith Charlotte A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.28%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Shellan Jeffrey B
Bought by
Maynard Daniel E and Maynard Cheri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,450
Interest Rate
6.79%
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
Flores-Gonzales Samuel $725,000 Ticor Title
Paredes Gerardo $255,000 Chicago Title Company
Smith Bob N $240,000 Stewart
Maynard Daniel E $165,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores-Gonzales Samuel $59,625
Previous Owner Flores-Gonzales Samuel $646,112
Previous Owner Paredes Gerardo $191,250
Previous Owner Smith Bob N $192,000
Previous Owner Maynard Daniel E $148,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $725,000 0.0% $161 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $725,000 0.0% $161 / Sq Ft
08/01/2024 08/01/24 For Sale $725,000 -2.7% $161 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $745,000 -- $165 / 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 $6,370 $725,000 $150,000 $575,000
2024 $6,246 $322,693 $50,615 $272,078
2023 $6,246 $316,367 $49,623 $266,744
2022 $5,975 $310,164 $48,650 $261,514
2021 $5,591 $304,084 $47,697 $256,387
2020 $5,434 $300,967 $47,208 $253,759
2019 $5,359 $300,967 $47,208 $253,759
2018 $5,152 $289,282 $45,376 $243,906
2017 $5,077 $283,611 $44,487 $239,124
2016 $4,806 $278,051 $43,615 $234,436
2015 $4,753 $273,875 $42,960 $230,915
2014 $4,550 $261,000 $50,000 $211,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202406908

Bakersfield Association of REALTORS® / GEMLS

APN: 355-261-02-00-6