NOT LISTED FOR SALE

Estimated Value: $470,146

8 Beds
2 Baths
3,348 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: November 3, 2017

Last sale price $250,000 $75 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,088 / mo

47 Days on Market

About This Home

As of November 2017

Great opportunity! Long term tenants and fully occupied. Property is zoned R2 and has large empty lot ready to be developed. Property has 3 newer AC units. This property also features plenty of parking space for the future development.

Last Agent to Sell the Property

Juan Alatorre

The Mora Partners Inc. License #01744071 Listed on: 08/18/2017

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 28,553 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,348 Sq Ft Home
  • 1-Story Property

Schools

  • Virginia Avenue Elementary School
  • Fairfax Middle School
  • Foothill High School

Listing and Financial Details

  • Assessor Parcel Number 14221016

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $27,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.66 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1981
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3348.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Foothill
  • Middle Or Junior School: Fairfax

Lot Info

  • Lot Size Sq Ft: 28553.00
  • Parcel #: 14221016

Multi Family

  • Total Annual Expense: 1000.00
  • Vacancy Factor: 0.50
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 27800.00

MLS Schools

  • Elementary School: Virginia Avenue

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
Aug 18, 2017
Closed on
Sep 12, 2017
Sold by
Bought by
Seller's Agent
Juan Alatorre
The Mora Partners Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$249,500
Sold Price
$250,000
Premium/Discount to List
$500
0.2%
Current Estimated Value
$470,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,146
Avg. Annual Appreciation
7.48%
Original Mortgage
$187,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,446
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,037
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 20, 1998
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
$250,000 Chicago Title Company
$141,000 Lsi Title Company Inc
$146,424 None Available
$345,000 Stewart Title
-- --
$104,000 --
$106,000 Chicago Title Co
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
Previous Owner $187,500
Previous Owner $138,446
Previous Owner $400,000
Previous Owner $293,037
Previous Owner $176,000
Previous Owner $123,000
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
11/03/2017 11/03/17 Sold $250,000 +0.2% $75 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $249,500 -- $75 / 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
2025 $7,102 $284,452 $39,821 $244,631
2024 $7,102 $278,876 $39,041 $239,835
2023 $6,847 $273,409 $38,276 $235,133
2022 $6,410 $268,049 $37,526 $230,523
2021 $6,029 $262,794 $36,791 $226,003
2020 $5,840 $260,100 $36,414 $223,686
2019 $5,648 $260,100 $36,414 $223,686
2018 $5,550 $250,000 $35,000 $215,000
2017 $4,350 $156,817 $44,487 $112,330
2016 $3,685 $153,743 $43,615 $110,128
2015 $3,673 $151,434 $42,960 $108,474
2014 $3,610 $148,469 $42,119 $106,350
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21709711

Bakersfield Association of REALTORS® / GEMLS

APN: 142-210-16-00-3

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