NOT LISTED FOR SALE

2713 Morin Ct Bakersfield, CA 93304

Wible Orchard Neighborhood

Estimated Value: $657,496 - $732,000

10 Beds
8 Baths
3,784 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $655,000 $173 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,437/month

3 Days on Market

About This Home

As of August 2024

2713 Morin Ct- Nestled in the heart of Bakersfield, California, 2713 Morin Ct presents a prime opportunity for those seeking an investment or a spacious residence. Priced at $660,000, this property, built in 1985, offers a blend of versatility and potential. Boasting a generous 3,784 square feet of living space, it accommodates 2 units featuring 3 bedrooms each, with an additional 2 units comprised of 2 bedrooms. Generating a gross scheduled income of $61,356, it promises lucrative returns. Convenience is paramount with a garage and covered parking available, ensuring hassle-free living or rental management. With its desirable location and ample space, this property embodies both comfort and investment value.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/29/2024

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,276

Home Design

  • Composition Roof

Interior Spaces

  • 3,784 Sq Ft Home
  • 2-Story Property

Parking

  • Carport
  • Uncovered Parking

Schools

  • Seibert Elementary School
  • Thompson Middle School
  • West High School

Additional Features

  • 8,276 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02358011

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $61,356
  • Net Operating Income $39,515

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1985
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1900
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3784.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Carport, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 8276.00
  • Parcel #: 02358011

Multi Family

  • Total Annual Expense: 20000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 61356.00
  • Property Net Operating Income: 39515.00

MLS Schools

  • Elementary School: Seibert, Amy B.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2024
Closed on
Aug 6, 2024
Sold by
Anthony & Company Llc
Bought by
Castellon Gustavo Guzman
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$660,000
Sold Price
$655,000
Premium/Discount to List
-$5,000
-0.76%
Views
2
Current Estimated Value
$700,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,624
Avg. Annual Appreciation
4.96%
Original Mortgage
$455,000
Outstanding Balance
$449,752
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$250,872

Purchase Details

Closed on
May 1, 2024
Sold by
Anthony Patrick and Anthony Patricia
Bought by
Anthony & Company Llc

Purchase Details

Closed on
Aug 27, 2005
Sold by
Sarmicanic Schaul and Schaul Sarmicanic Revocable Tr
Bought by
Lexington Square Apartments Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 26, 2005
Sold by
The Trenda Family Lp
Bought by
Lexington Square Apartments Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 24, 2005
Sold by
Lexington Square Apartments Partnership
Bought by
Anthony Perry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 16, 2004
Sold by
Mayelian Harry and Mayelian Mabel
Bought by
Mayelian Harry and Mayelian Mabel

Purchase Details

Closed on
Oct 28, 2003
Sold by
Woolway Ellen C
Bought by
The Trenda Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2002
Sold by
Badal Jedny
Bought by
Badal Jedny and The Jedny Badal Trust Of 2002
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
Castellon Gustavo Guzman $655,000 Placer Title
Anthony & Company Llc -- None Listed On Document
Lexington Square Apartments Partnership -- Fidelity Title
Lexington Square Apartments Partnership -- Fidelity Title
Anthony Perry L $470,000 Fidelity Title
Mayelian Harry -- --
The Trenda Family Lp $156,500 Stewart Title
Woolway Wayne L -- Stewart Title
Badal Jedny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castellon Gustavo Guzman $455,000
Previous Owner Anthony Perry L $376,000
Previous Owner The Trenda Family Lp $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $655,000 -0.8% $173 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $660,000 -- $174 / 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 $9,723 $655,000 $150,000 $505,000
2024 $9,550 $600,000 $100,000 $500,000
2023 $9,550 $587,000 $100,000 $487,000
2022 $7,473 $435,000 $87,000 $348,000
2021 $7,176 $435,000 $87,000 $348,000
2020 $7,060 $435,000 $87,000 $348,000
2019 $6,386 $379,000 $76,000 $303,000
2018 $5,753 $340,000 $68,000 $272,000
2017 $5,522 $321,000 $64,000 $257,000
2016 $5,277 $320,000 $64,000 $256,000
2015 $4,868 $284,000 $43,000 $241,000
2014 $4,798 $283,000 $40,000 $243,000
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2024

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    1 in this area

    87 Total Sales

    Marc Thurston
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202407530

Bakersfield Association of REALTORS® / GEMLS

APN: 023-580-11-00-8

California Kern County Bakersfield 93304 Wible Orchard

2713 Morin Ct, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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