NOT LISTED FOR SALE

Estimated Value: $182,000 - $252,000

3 Beds
1 Bath
1,117 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $124,900 $112 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,536/month

26 Days on Market

About This Home

As of July 2020

Are you ready to start making some serious monthly income!! Then drive by and take a look at this income producing property. This property has 2 homes on one lot, so you can start collecting rents fast!! Call your favorite REALTOR fast, before its gone!!

Last Agent to Sell the Property

Michael Dunn

LPT Realty, Inc. License #01771735 Listed on: 05/11/2020

Last Buyer's Agent

Crystal Garza

Watson Realty License #02060731

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,445

Year Built

  • Built in 1927

Lot Details

  • 6,041 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 11330014

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $13,800
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,445

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1927
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1117.00

Exterior Features

  • Disclosures: Corp. Owned

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Evaporative,Other

Lot Info

  • Lot Size Sq Ft: 6041.00
  • Parcel #: 11330014

Multi Family

  • Total Annual Expense: 3800.00
  • Vacancy Factor: 0.05
  • Number Of Units Total: 2
  • Annual Gross Income: 13800.00
  • Property Net Operating Income: 10000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2020
Sold by
Kirkendall Larry D and Kirkendall Mary A
Bought by
Leach Group Inc
Current Estimated Value
$228,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$80,220
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$144,176
Source: Public Records

Range of Values:

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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
Leach Group Inc $85,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leach Group Inc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $124,900 0.0% $112 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $124,900 -- $112 / 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 $3,445 $159,180 $37,142 $122,038
2024 $3,317 $156,060 $36,414 $119,646
2023 $3,317 $153,000 $35,700 $117,300
2022 $3,127 $150,000 $35,000 $115,000
2021 $2,690 $125,000 $30,000 $95,000
2020 $1,865 $66,991 $14,882 $52,109
2019 $1,840 $66,991 $14,882 $52,109
2018 $1,768 $64,392 $14,305 $50,087
2017 $1,744 $63,130 $14,025 $49,105
2016 $1,646 $61,893 $13,750 $48,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202004592

Bakersfield Association of REALTORS® / GEMLS

APN: 113-300-14-00-1