NOT LISTED FOR SALE

Estimated Value: $413,407 - $488,000

4 Beds
3 Baths
2,028 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $273,500 $135 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,767/month

1 Day on Market

About This Home

As of February 2019

Just listed duplex located in the high demand area of southwest Bakersfield. The A unit is a 2 bedroom, 1.75 bath renting for $1000 per month, which was extensively remodeled 6 months ago. The B unit has a long-term tenant and is a 2 bedroom, 1 bath renting for $965 per month. Both have 2 car garages with newer roll up garage doors, a newer roof (installed 2 years ago), and new fencing. This property will not last!

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 01/25/2019

Keller Williams Realty

Last Buyer's Agent

James Ray

Unknown Broker License #01730098

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,379 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,028 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 35539304

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $23,580
  • Net Operating Income $15,011

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1978
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2028.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage
  • Garages: 2

Utilities

  • Heatcool: Central AC,Other

Lot Info

  • Lot Size Sq Ft: 8379.00
  • Parcel #: 35539304

Multi Family

  • Total Annual Expense: 8569.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 2
  • Annual Gross Income: 23580.00
  • Property Net Operating Income: 15011.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2019
Closed on
Feb 1, 2019
Sold by
Melson Michael R and Melson Bridget A
Bought by
Chang Thomas and Ith Chang Samneang
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
James Ray
Unknown Broker
List Price
$274,950
Sold Price
$273,500
Premium/Discount to List
-$1,450
-0.53%
Current Estimated Value
$451,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,352
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Sep 15, 2004
Sold by
Haushalter Paul K
Bought by
Melson Michael R and Melson Bridget A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1998
Sold by
Shintaku Stanley M and Shintaku Susan M
Bought by
Haushalter Paul K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,168
Interest Rate
6.61%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Chang Thomas $273,500 Chicago Title Bakersfield
Melson Michael R $258,000 Chicago Title
Haushalter Paul K $92,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melson Michael R $185,600
Previous Owner Haushalter Paul K $91,168
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2019 02/25/19 Sold $273,500 -0.5% $135 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $274,950 -- $136 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $4,851 $305,089 $55,774 $249,315
2024 $4,773 $299,108 $54,681 $244,427
2023 $4,773 $293,244 $53,609 $239,635
2022 $4,577 $287,495 $52,558 $234,937
2021 $4,368 $281,859 $51,528 $230,331
2020 $4,277 $278,970 $51,000 $227,970
2019 $3,445 $218,484 $41,616 $176,868
2018 $3,351 $210,000 $40,000 $170,000
2017 $3,363 $211,000 $45,000 $166,000
2016 $3,234 $213,000 $45,000 $168,000
2015 $2,243 $125,000 $40,000 $85,000
2014 $2,270 $130,000 $30,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21901011

Bakersfield Association of REALTORS® / GEMLS

APN: 355-393-04-00-4