NOT LISTED FOR SALE

Estimated Value: $659,901

9 Beds
2 Baths
2,784 Sq Ft
$237/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2017

Last sale price $350,000 $126 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,233 / mo

33 Days on Market

About This Home

As of September 2017

Value Added Southwest Fourplex. This property is owned by a long time investor who is retiring. The units have numerous long term tenants who are paying below average rent. Comps in the area show a potential $9-10k year more in ncome. 1- 3 bedroom/ 2 bath with garage and 3 - 2 bedroom/ 1 bath townhouse units with carports. Built in 1977. Rent range is $500-$1000

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/25/2017

Last Buyer's Agent

Fernando Contreras

Sierra Central Real Estate License #01766142

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 10,674 Sq Ft Lot

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Car Garage
  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 44131005

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $31,200
  • Net Operating Income $22,827

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

10,674 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1977
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2784.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Carport, Uncovered
  • Garages: 1

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 10674.00
  • Parcel #: 44131005

Multi Family

  • Total Annual Expense: 8870.00
  • Vacancy Factor: 1.60
  • Number Of Units Total: 4
  • Annual Gross Income: 31200.00
  • Property Net Operating Income: 22827.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2017
Closed on
Sep 11, 2017
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Fernando Contreras
Sierra Central Real Estate
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Current Estimated Value
$659,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,901
Avg. Annual Appreciation
7.39%
Original Mortgage
$280,000
Outstanding Balance
$228,130
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$431,771

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 25, 2017
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Fernando Contreras
Sierra Central Real Estate
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$228,130
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$431,771

Purchase Details

Closed on
Oct 5, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Placer Title Company
$350,000 Placer Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $280,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/26/2017 09/26/17 Sold $350,000 -7.7% $126 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
07/25/2017 07/25/17 For Sale $379,000 -- $136 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,269 $406,201 $87,041 $319,160
2025 $7,104 $398,237 $85,335 $312,902
2024 $7,104 $390,429 $83,662 $306,767
2023 $6,971 $382,774 $82,022 $300,752
2022 $6,672 $375,269 $80,414 $294,855
2021 $6,279 $367,912 $78,838 $289,074
2020 $6,115 $364,140 $78,030 $286,110
2019 $6,031 $364,140 $78,030 $286,110
2018 $5,788 $350,000 $75,000 $275,000
2017 $4,684 $250,603 $48,496 $202,107
2016 $4,443 $245,691 $47,546 $198,145
2015 $4,018 $209,000 $31,000 $178,000
2014 $3,952 $208,000 $40,000 $168,000
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21708581

Bakersfield Association of REALTORS® / GEMLS

APN: 441-310-05-00-0

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