NOT LISTED FOR SALE
-- Bed
-- Bath
3,822 Sq Ft
9,098 Sq Ft Lot

Sale Details

Date Sold: March 27, 2018

Last sale price $275,250 $72 Per Sq Ft

25 Days on Market

About This Home

As of March 2018

This conveniently located, five-unit apartment is a perfect entry-level investment property for a new investor. All units are 2-bedroom, 1-bathroom floorplans with designated parking for occupants. Long-term tenants, rent upside and on-site laundry are just a few of the many attractive amenities. Located near the intersection of 31st and Q streets, the neighborhood is within walking distance of schools, shopping and Memorial Hospital. The GET Bus Stop #43 is only steps away from the property. Savvy investors will easily recognize the huge potential of this investment. Don't miss out--send your offer to Marc A. Thurston Apartment Real Estate today!

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 03/02/2018

Last Buyer's Agent

Michael Freedman

American Real Estate License #01212171

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,098 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,822 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00208103

Community Details

Overview

  • 5 Units
  • Homaker Park Subdivision

Building Details

  • Gross Income $31,868
  • Net Operating Income $18,358

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

9,098 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1963
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3822.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 9098.00
  • Parcel #: 00208103

Multi Family

  • Total Annual Expense: 13510.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 5
  • Annual Gross Income: 31868.00
  • Property Net Operating Income: 18358.00

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

Closed on
Jul 13, 2018
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
$215,000
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 2, 2018
Closed on
Mar 20, 2018
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Michael Freedman
American Real Estate
List Price
$285,000
Sold Price
$275,250
Premium/Discount to List
-$9,750
-3.42%

Purchase Details

Closed on
May 24, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 3, 2001
Sold by
Bought by

Purchase Details

Closed on
Dec 15, 1999
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
$95,200
Interest Rate
0.0782%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 23, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Chicago Title Co
$275,500 Placer Title
-- None Available
$129,500 American Title
$112,000 Stewart Title
-- --
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
Open $215,000
Previous Owner $95,200
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
03/27/2018 03/27/18 Sold $275,250 -3.4% $72 / Sq Ft
03/02/2018 03/02/18 For Sale $285,000 -- $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 $5,234 $313,468 $34,133 $279,335
2024 $5,234 $307,322 $33,464 $273,858
2023 $5,105 $301,297 $32,808 $268,489
2022 $4,974 $295,390 $32,165 $263,225
2021 $4,698 $289,599 $31,535 $258,064
2020 $4,603 $286,630 $31,212 $255,418
2019 $4,533 $286,630 $31,212 $255,418
2018 $3,198 $171,481 $33,097 $138,384
2017 $3,192 $168,120 $32,449 $135,671
2016 $2,983 $164,824 $31,813 $133,011
2015 $2,962 $162,350 $31,336 $131,014
2014 $2,881 $159,171 $30,723 $128,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21802641

Bakersfield Association of REALTORS® / GEMLS
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