NOT LISTED FOR SALE

Estimated Value: $337,000 - $369,000

3 Beds
1 Bath
1,448 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $305,000 $211 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,239/month

14 Days on Market

About This Home

As of November 2022

Location! Location! Location! Great two-unit property in Downtown Bakersfield. The front unit is 2 beds/1 bath and well taken care of. Back unit is 1 bed/1 bath and has been completely remodeled. Both properties are individually fenced, have recently been painted and back unit has alley access with a remote gate for added safety and parking.

Last Agent to Sell the Property

Angela Hernandez

LPT Realty, Inc. License #02000948 Listed on: 09/27/2022

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00421211

Community Details

Overview

  • 2 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $30,000
  • Net Operating Income $25,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1947
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1448.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat,Evaporative,Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Parcel #: 00421211

Multi Family

  • Total Annual Expense: 4280.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Annual Gross Income: 30000.00
  • Property Net Operating Income: 25720.00

MLS Schools

  • Elementary School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Nov 7, 2022
Sold by
Bowman Janae
Bought by
Peters Roger D
Seller's Agent
Angela Hernandez
LPT Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$352,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,301
Avg. Annual Appreciation
4.59%
Original Mortgage
$299,475
Outstanding Balance
$289,834
Interest Rate
6.92%
Mortgage Type
FHA
Estimated Equity
$62,467

Purchase Details

Listed on
Sep 27, 2022
Closed on
Oct 12, 2022
Sold by
Drucker Jonathan
Bought by
Peters Roger D
Seller's Agent
Angela Hernandez
LPT Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$305,000
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Outstanding Balance
$289,834
Interest Rate
6.92%
Mortgage Type
FHA
Estimated Equity
$62,467

Purchase Details

Closed on
May 21, 2019
Sold by
Gantaram Santosh and Reddy Sunil
Bought by
Drucker Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2017
Closed on
Nov 9, 2017
Sold by
Maduri Swathi
Bought by
Gantaram Santosh
Seller's Agent
Terri Harmon
Unknown Broker
Buyer's Agent
Sanjeev Advani
Sanjeev Advani, Broker
List Price
$172,000
Sold Price
$162,500
Premium/Discount to List
-$9,500
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$121,800
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2017
Closed on
Oct 9, 2017
Sold by
Ordaz Leopoldo A
Bought by
Reddy Sunil and Gantaram Santosh
Seller's Agent
Terri Harmon
Unknown Broker
Buyer's Agent
Sanjeev Advani
Sanjeev Advani, Broker
List Price
$172,000
Sold Price
$162,500
Premium/Discount to List
-$9,500
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2012
Sold by
Lsg Ventures Llc
Bought by
Ordaz Leopoldo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,552
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 2012
Sold by
Gray William
Bought by
Lsg Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,552
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2006
Sold by
Gray Deanna
Bought by
Gray William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1994
Sold by
Gray Deanna
Bought by
Gray William

Purchase Details

Closed on
Jul 18, 1994
Sold by
Snedden Mary J and Marshall Mary J
Bought by
Gonzalez Aurora and Gray William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peters Roger D -- First American Title
Peters Roger D $305,000 First American Title
Drucker Jonathan $192,000 Chicago Title
Gantaram Santosh -- Ticor Title Company
Reddy Sunil -- Ticor Title Company
Reddy Sunil $162,500 Ticor Title Company
Ordaz Leopoldo A $107,500 Chicago Title Company
Lsg Ventures Llc -- None Available
Gray William -- First American Title Company
Gray William -- First American Title
Gray William -- Century Title & Guaranty Co
Gonzalez Aurora -- Century Title & Guaranty Co
Gonzalez Aurora -- Century Title & Guaranty Co
Snedden Mary J -- Century Title & Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Roger D $299,475
Previous Owner Drucker Jonathan $144,000
Previous Owner Reddy Sunil $121,800
Previous Owner Ordaz Leopoldo A $105,552
Previous Owner Gray William $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2022 11/10/22 Sold $305,000 0.0% $211 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $305,000 +58.9% $211 / Sq Ft
10/25/2019 10/25/19 Sold $192,000 -2.8% $133 / Sq Ft View Prior Sale
09/25/2019 09/25/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $197,500 +21.5% $136 / Sq Ft
11/17/2017 11/17/17 Sold $162,500 -5.5% $112 / Sq Ft View Prior Sale
10/18/2017 10/18/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $172,000 +60.0% $119 / Sq Ft
10/18/2012 10/18/12 Sold $107,500 -2.2% $74 / Sq Ft View Prior Sale
09/18/2012 09/18/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $109,950 -- $76 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $4,897 $317,322 $57,222 $260,100
2024 $4,791 $311,100 $56,100 $255,000
2023 $4,791 $305,000 $55,000 $250,000
2022 $3,477 $197,867 $41,222 $156,645
2021 $3,280 $193,988 $40,414 $153,574
2020 $3,280 $192,000 $40,000 $152,000
2019 $2,877 $169,065 $41,616 $127,449
2018 $2,815 $162,500 $40,000 $122,500
2017 $2,244 $114,059 $21,219 $92,840
2016 $2,095 $111,823 $20,803 $91,020
2015 $2,075 $110,144 $20,491 $89,653
2014 $2,010 $107,987 $20,090 $87,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202210729

Bakersfield Association of REALTORS® / GEMLS

APN: 004-212-11-00-5