NOT LISTED FOR SALE

2800 Morin Ct Bakersfield, CA 93304

Wible Orchard Neighborhood

Estimated Value: $534,331 - $743,000

10 Beds
2 Baths
3,784 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $250,000 $66 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,946/month

11 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Level Lot

About This Home

As of April 2014

Short sale, two loans.Well taken care of property. Make offers subject to inspection.Unit 1, 2/2 is vacant-move in condition,3 bedrooms rented at $750 and 2 bedrooms are $675. Easy to rent it for $600.

Last Agent to Sell the Property

Dave Ross

Ross Realty License #01184083 Listed on: 10/01/2013

Last Buyer's Agent

Kay Wong

United Associates Inv., Inc. License #00884780

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,102

Year Built

  • 1985

Lot Details

  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,784 Sq Ft Home
  • 1-Story Property
  • Carpet

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $29,000

Community Details

Overview

  • 3,784 Sq Ft Building

Building Details

  • Gardener Expense $1,000
  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Manager Expense $4,000
  • Utility Expense $2,000
  • Trash Expense $1,200
  • Operating Expense $14,500
  • Gross Income $29,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,102

Year Built

1985

Lot Details

0

Listing Details

  • Zoning: res
  • Subclass: Fourplex
  • Age: 29
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 66.07
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3784
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Living Sq Ft: 3784
  • Stories: 1
  • Laundry: Laundry - No
  • Flooring: Carpet, Varies By Unit

Exterior Features

  • Roof: Shingle
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Off-Street Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Acres
  • Minimum Lot Size: 0.19
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 8276.40
  • Lot Size Area Min Search: 8276.40
  • Maximum Lot Size: 0.19

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 8.62

Multi Family

  • Expense Insurance: 1500
  • Expense Landscape: 1000
  • Expense Maintenance: 1000
  • Expense Management: 4000
  • Expenses Total: 14500
  • Expenses Utility: 2000
  • Expense Trash: 1200
  • Expense Water Sewer: 1800
  • Income Annual Gross: 29000.00
  • Income Annual Rental: 29000
  • Income Gross Scheduled: 29000
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2014
Sold by
Mandalar Llc
Bought by
Aung Kyi and Lim Caroline Q
Current Estimated Value
$630,833

Purchase Details

Listed on
Oct 1, 2013
Closed on
Mar 24, 2014
Sold by
Norton Linda C and Norton Family Living Trust
Bought by
Mandalar Llc
Seller's Agent
Dave Ross
Ross Realty
Buyer's Agent
Kay Wong
United Associates Inv., Inc.
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Oct 27, 2007
Sold by
Norton Richard and Norton Linda
Bought by
Norton Richard C and Norton Linda C

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
New Conventional

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
New Conventional

Purchase Details

Closed on
Aug 24, 2005
Sold by
Lexington Square Apartments Partnership
Bought by
Norton Richard and Norton Linda

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
New Conventional

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:

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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

Purchase History

Date Buyer Sale Price Title Company
Aung Kyi -- None Available
Mandalar Llc $250,000 Stewart Title Of Ca Inc
Norton Richard C -- None Available
Lexington Square Apartments Partnership -- Fidelity Title
Lexington Square Apartments Partnership -- Fidelity Title
Norton Richard $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
Previous Owner Norton Richard $62,445
Previous Owner Norton Richard $428,000
Previous Owner Norton Richard $376,000
Previous Owner The Trenda Family Lp $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2014 04/04/14 Sold $250,000 0.0% $66 / Sq Ft
10/12/2013 10/12/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $250,000 -- $66 / Sq Ft
Source: MLSListings

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 $6,102 $306,454 $49,029 $257,425
2024 $6,102 $300,446 $48,068 $252,378
2023 $5,980 $294,556 $47,126 $247,430
2022 $5,719 $288,781 $46,202 $242,579
2021 $5,337 $283,120 $45,297 $237,823
2020 $5,182 $280,218 $44,833 $235,385
2019 $5,111 $280,218 $44,833 $235,385
2018 $4,916 $269,339 $43,093 $226,246
2017 $4,844 $264,059 $42,249 $221,810
2016 $4,591 $258,882 $41,421 $217,461
2015 $4,539 $254,994 $40,799 $214,195
2014 $4,798 $283,000 $40,000 $243,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dave Ross

    Ross Realty

    Section Image

  • K

    Buyer's Agent in 2014

    Kay Wong

    United Associates Inv., Inc.

See All Agents

Map

Source: MLSListings

MLS Number: ML81336355

MLSListings

APN: 023-580-03-00-5

California Kern County Bakersfield 93304 Wible Orchard

2800 Morin Ct, Bakersfield, CA

This home is located at 2800 Morin Ct, Bakersfield, CA 93304 since 01 October 2013 and is currently estimated at $630,833, approximately $166 per square foot. This property was built in 1985. 2800 Morin Ct is a home located in Kern County with nearby schools including Amy B. Seibert Elementary School, Fred L. Thompson Junior High School, and West High School.

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