NOT LISTED FOR SALE

Estimated Value: $761,000 - $959,000

12 Beds
8 Baths
4,320 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 20, 2016

Last sale price $500,000 $116 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,702/month

54 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Tile Flooring
  • Wood Siding
  • Laundry Room
  • Forced Air Heating System
  • 5-minute walk to Westwold Park

About This Home

As of April 2016

Opportunity to purchase this quality Southwest Bakersfield Single Level 4-plex built in 1995. Great location with four 3-bedroom + 1.75 bath units. Two 2 car garages and Two 1 car garages. Tile roof, tile flooring in most units, fireplaces, dishwashers and Air Conditioning. Strong Income for great potential cash flow!

Last Agent to Sell the Property

David Remedios

RE/MAX Gold Coast REALTORS License #00902963 Listed on: 02/26/2016

RE/MAX Gold Coast REALTORS

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,484

Year Built

  • Built in 1995

Lot Details

  • 0.29 Acre Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Property Attached
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • All Bedrooms Down
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 3811702300

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,484

Year Built

Built in 1995

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • Zoning: Fourplex
  • Property Type: Residential Income
  • Parcel Number: 3811702300
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Gas, Living Room
  • Levels: One
  • Room Type: All Bedrooms Down, Master Bedroom

Exterior Features

  • Roof: Tile
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Microwave, Oven
  • Heating Type: Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average3 Bed Area: 1080 Square Feet
  • Gross Income: 50400.00
  • Lot Size Area: 12632.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense Percent: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2019
Sold by
Garone Frank C and The Pasquale Ranch Trust
Bought by
Livi Garone Jr Frank C and Livi Frank Garone Jr Revocable
Current Estimated Value
$897,185

Purchase Details

Listed on
Feb 26, 2016
Closed on
Mar 24, 2016
Sold by
Hansen Cary
Bought by
Garone Frank C and Pasquale Ranch
Seller's Agent
David Remedios
RE/MAX Gold Coast REALTORS
Buyer's Agent
Non Member
Non Member Office
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Jul 25, 2003
Sold by
Hansen Patti
Bought by
Hansen Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 14, 2002
Sold by
Remedios Peter J and Remedios Heather C
Bought by
Hansen Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,500
Interest Rate
6.78%

Purchase Details

Closed on
Jun 16, 1998
Sold by
Rieman Raymond L
Bought by
Remedios Peter J and Remedios Heather C

Purchase Details

Closed on
Jul 25, 1995
Sold by
Amhurst 88 Corp
Bought by
Rieman Raymond L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.8%
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
Livi Garone Jr Frank C -- None Available
Garone Frank C $500,000 First American Title Company
Hansen Cary -- First American Title
Hansen Cary -- American Title Co
Remedios Peter J $27,000 --
Rieman Raymond L $270,000 Nations Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen Cary $420,000
Previous Owner Hansen Cary $29,500
Previous Owner Hansen Cary $210,000
Previous Owner Hansen Cary $29,500
Previous Owner Rieman Raymond L $216,000
Closed Rieman Raymond L $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2016 04/20/16 Sold $500,000 -4.8% $116 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $525,000 -- $122 / Sq Ft
Source: Ventura County Regional Data Share

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 $9,484 $591,890 $88,781 $503,109
2024 $9,484 $580,286 $87,041 $493,245
2023 $9,329 $568,909 $85,335 $483,574
2022 $8,945 $557,755 $83,662 $474,093
2021 $8,529 $546,820 $82,022 $464,798
2020 $8,349 $541,214 $81,181 $460,033
2019 $8,240 $541,214 $81,181 $460,033
2018 $7,887 $520,200 $78,030 $442,170
2017 $7,772 $510,000 $76,500 $433,500
2016 $5,439 $334,433 $49,909 $284,524
2015 $5,382 $329,411 $49,160 $280,251
2014 $5,249 $322,960 $48,198 $274,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V0-216002540

Ventura County Regional Data Share

APN: 381-170-23-00-5