NOT LISTED FOR SALE

305 Monroe St Taft, CA 93268

Ford City Area
-- Bed
-- Bath
4,698 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: March 1, 2024

Last sale price $505,000 $107 Per Sq Ft

153 Days on Market

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property
  • 0.32 Acre Lot

About This Home

As of March 2024

PRICE REDUCTION! 6-unit apartment complex in Taft, CA. 100% Occupied, High Rental Demand, All units are 2 bedroom / 1 bathroom. Rents have room for improvement, Value Add Opportunity! Professionally managed. SOLID CASH FLOW!

Last Agent to Sell the Property

Daniel Holt

Portfolio Properties License #01732002 Listed on: 09/25/2023

Last Buyer's Agent

Maria Davalos

AREG, Inc. License #01777691

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.32

Home Design

  • Composition Roof

Interior Spaces

  • 4,698 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Parking

  • Carport
  • 6 Car Parking Spaces

Schools

  • Jefferson Taft Elementary School
  • Lincoln Middle School
  • Taft High School

Additional Features

  • 13,939 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 19916302

Community Details

Overview

  • 6 Units
  • Ford Subdivision

Building Details

  • Gross Income $67,032
  • Net Operating Income $44,174

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1971
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.3200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4698.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Carport

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

  • High School: Taft
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning Description: R-1
  • Lot Size Sq Ft: 13939.00
  • Parcel #: 19916302

Multi Family

  • Total Annual Expense: 22858.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 6
  • Existing Lease Type: Net
  • Annual Gross Income: 67032.00
  • Property Net Operating Income: 44174.00

MLS Schools

  • Elementary School: Jefferson_Taft

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
Apr 27, 2026
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
$391,200
Interest Rate
0.0622%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2023
Closed on
Jan 17, 2024
Sold by
Bought by
Seller's Agent
Daniel Holt
Portfolio Properties
Buyer's Agent
Maria Davalos
AREG, Inc.
List Price
$580,000
Sold Price
$505,000
Premium/Discount to List
-$75,000
-12.93%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
0.066%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2021
Sold by
Bought by

Purchase Details

Listed on
Nov 18, 2020
Closed on
Apr 9, 2021
Sold by
Bought by
Seller's Agent
Evangeline Flores
Open Door Real Estate
Buyer's Agent
Daniel Holt
Portfolio Properties
List Price
$369,500
Sold Price
$400,000
Premium/Discount to List
$30,500
8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2020
Closed on
Feb 19, 2021
Sold by
Bought by
Seller's Agent
Evangeline Flores
Open Door Real Estate
Buyer's Agent
Daniel Holt
Portfolio Properties
List Price
$369,500
Sold Price
$400,000
Premium/Discount to List
$30,500
8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2005
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
-- Placer Title
$505,000 First American Title
-- None Available
-- Ticor Title
$800,000 Ticor Title
-- None Available
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 $391,200
Closed $328,000
Previous Owner $641,650
Previous Owner $600,000
Previous Owner $600,000
Previous Owner $600,000
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 Prior Sale
03/01/2024 03/01/24 Sold $505,000 -2.1% $107 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
11/22/2023 11/22/23 Price Changed $516,000 -7.9% $110 / Sq Ft
10/13/2023 10/13/23 Price Changed $560,000 -3.4% $119 / Sq Ft
09/25/2023 09/25/23 For Sale $580,000 +45.0% $123 / Sq Ft
04/15/2021 04/15/21 Sold $400,000 +8.3% $85 / Sq Ft View Prior Sale
03/16/2021 03/16/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $369,500 -- $79 / 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 $13,852 $515,100 $114,240 $400,860
2024 $12,261 $424,482 $31,836 $392,646
2023 $8,419 $416,160 $31,212 $384,948
2022 $8,118 $408,000 $30,600 $377,400
2021 $6,593 $300,000 $21,000 $279,000
2020 $4,198 $129,974 $11,187 $118,787
2019 $4,172 $129,974 $11,187 $118,787
2018 $4,134 $124,928 $10,753 $114,175
2017 $4,077 $122,480 $10,543 $111,937
2016 $3,986 $120,080 $10,337 $109,743
2015 $3,670 $118,277 $10,182 $108,095
2014 $3,414 $115,961 $9,983 $105,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202310048

Bakersfield Association of REALTORS® / GEMLS
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