NOT LISTED FOR SALE

Estimated Value: $607,723

8 Beds
4 Baths
3,264 Sq Ft
$186/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2022

Last sale price $535,000 $164 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,936 / mo

3 Days on Market

About This Home

As of October 2022

Four-Plex apartment building in downtown Tehachapi. One story. Alley access for parking spots. Nice clean low maintenance complex. Close to schools, shopping, restaurants, and business district. Each unit has fenced back area. All units occupied with strong rental history. Buyer and buyer's agent to verify all information and do their due diligence.

Last Agent to Sell the Property

Raye Bugnosen

Miramar International Calloway License #02081691 Listed on: 09/29/2022

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment

Interior Spaces

  • 8 Bedrooms
  • 3,264 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Listing and Financial Details

  • Legal Lot and Block 3 / 36
  • Tax Tract Number 61
  • Assessor Parcel Number 04025002001
  • $441 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,200
  • Trash Expense $100
  • Water Sewer Expense $200
  • Operating Expense $1,500
  • Gross Income $47,040
  • Net Operating Income $40,040

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 04025002001
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 163.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Gross Income: 47040.00
  • Gross Scheduled Income: 47040.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 40040.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 7000.00
  • Rent Control: No
  • Total Expenses: 1500.00

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 61.01
  • Tax Lot: 3
  • Tax Tract Number: 61.00
  • TaxOtherAnnualAssessmentAmount: 441.00

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

Listed on
Sep 29, 2022
Closed on
Dec 6, 2022
Sold by
Bought by
Seller's Agent
Raye Bugnosen
Miramar International Calloway
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$515,000
Sold Price
$535,000
Premium/Discount to List
$20,000
3.88%
Views
24
Current Estimated Value
$607,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,723
Avg. Annual Appreciation
3.43%
Original Mortgage
$347,500
Outstanding Balance
$334,181
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$273,542

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 21, 2022
Sold by
Bought by
Seller's Agent
Raye Bugnosen
Miramar International Calloway
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$515,000
Sold Price
$535,000
Premium/Discount to List
$20,000
3.88%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,500
Outstanding Balance
$334,181
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$273,542

Purchase Details

Closed on
Dec 23, 2019
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
$256,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2007
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
$240,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2007
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
$240,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2003
Sold by
Bought by

Purchase Details

Closed on
May 31, 2001
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
$60,000
Interest Rate
7.14%

Purchase Details

Closed on
Sep 9, 1999
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 1998
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
$52,500
Interest Rate
7.05%

Purchase Details

Closed on
Aug 28, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Tehachapi, CA

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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
-- Coronthian Title Company
-- Corinthian Title
$535,000 Chicago Title
$320,000 Chicago Title Company
-- None Available
-- First American Title Company
$300,000 First American Title Company
-- --
-- Commonwealth Land Title Co
-- --
-- First American Title Ins Co
-- Commonwealth Land Title Ins
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 $347,500
Previous Owner $256,000
Previous Owner $240,000
Previous Owner $60,000
Previous Owner $52,500
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
10/24/2022 10/24/22 Sold $535,000 +3.9% $164 / Sq Ft
09/29/2022 09/29/22 For Sale $515,000 -- $158 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2026 $7,144 $567,745 $79,590 $488,155
2025 $7,144 $556,614 $78,030 $478,584
2024 $7,081 $545,700 $76,500 $469,200
2023 $6,823 $535,000 $75,000 $460,000
2022 $4,483 $329,780 $77,292 $252,488
2021 $4,289 $323,315 $75,777 $247,538
2020 $4,733 $360,304 $84,068 $276,236
2019 $4,731 $360,304 $84,068 $276,236
2018 $4,325 $326,000 $65,000 $261,000
2017 $3,787 $277,000 $55,000 $222,000
2016 $3,308 $240,000 $48,000 $192,000
2015 $2,680 $196,000 $29,000 $167,000
2014 $2,772 $202,000 $40,000 $162,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI22212109

California Regional Multiple Listing Service (CRMLS)

APN: 040-250-02-00-1

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