NOT LISTED FOR SALE

25 Williamson Way Bakersfield, CA 93309

Park Stockdale Neighborhood

Estimated Value: $3,018,160

Studio
-- Bath
-- Sq Ft
1964 Built

Last Sold January 24, 2012

Last sale price $1,005,000

Est. 200% increase in value since last sale

Current estimated payment $18,800/month

96 Days on Market

About This Home

As of January 2012

Clean 25 unit apartment complex. 13 Units are 2 Bedroom, 1 Bath. 12 Units are 1 Bedroom, 1 Bath. Pool & laundry rooms, carport parking etc., this is a very well maintained property. Great location. Current rents are below market rent. Great cash flow. Priced to sell.

Last Agent to Sell the Property

Babby Kurian

Bakersfield Realty Group License #01323690 Listed on: 09/20/2011

Last Buyer's Agent

Babby Kurian

Bakersfield Realty Group License #01323690 Listed on: 09/20/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Interior Spaces

  • 2-Story Property

Parking

  • Carport
  • 27 Car Parking Spaces

Schools

  • Munsey Elementary School
  • Curran Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 14922218

Community Details

Overview

  • 25 Units

Building Details

  • Gross Income $169,500
  • Net Operating Income $100,431

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 27.00
  • Parking Features: Carport

Utilities

  • Heatcool: Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 1.00
  • Parcel #: 14922218

Multi Family

  • Total Annual Expense: 69069.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 25
  • Annual Gross Income: 169500.00
  • Property Net Operating Income: 100431.00

MLS Schools

  • Elementary School: Munsey, Millie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2015
Sold by
Landmark Hill Investments Llc
Bought by
City Of Bakersfield
Current Estimated Value
$3,018,160

Purchase Details

Closed on
Oct 3, 2013
Sold by
Taylor Oaks Associates
Bought by
Landmark Hill Investments Llc

Purchase Details

Listed on
Sep 20, 2011
Closed on
Jan 11, 2012
Sold by
Ferocious Investments Inc
Bought by
Taylor Oaks Associates
Seller's Agent
Babby Kurian
Bakersfield Realty Group
Buyer's Agent
Babby Kurian
Bakersfield Realty Group
List Price
$1,100,000
Sold Price
$1,005,000
Premium/Discount to List
-$95,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$594,888
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 18, 2003
Sold by
Saling P Edwin and Saling Mary Ann
Bought by
Ferocious Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage
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
City Of Bakersfield -- Chicago Title Company
Landmark Hill Investments Llc -- Old Republic Title Company
Taylor Oaks Associates $1,005,000 Chicago Title Company
Ferocious Investments Inc $1,100,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Oaks Associates $594,888
Previous Owner Ferocious Investments Inc $715,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2012 01/24/12 Sold $1,005,000 -8.6% --
12/25/2011 12/25/11 Pending -- -- --
09/20/2011 09/20/11 For Sale $1,100,000 -- --
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 -- -- -- --
2024 -- -- -- --
2023 -- -- -- --
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $156,764 $156,764 $0
2019 $0 $156,764 $156,764 $0
2018 $0 $156,764 $156,764 $0
2017 $0 $156,764 $156,764 $0
2016 $0 $1,050,326 $156,764 $893,562
2015 -- $1,050,326 $156,764 $893,562
2014 $18,588 $1,029,753 $153,694 $876,059
Source: Public Records

Agents Affiliated with this Home

  • Babby Kurian

    Seller's Agent in 2012

    Babby Kurian

    Bakersfield Realty Group

    (661) 599-5043

    9 Total Sales

    Babby Kurian
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21111561

Bakersfield Association of REALTORS® / GEMLS

APN: 149-222-18-00-5

California Kern County Bakersfield 93309 Park Stockdale

25 Williamson Way, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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