NOT LISTED FOR SALE

308 Wilson Rd Bakersfield, CA 93307

Southgate Neighborhood

Estimated Value: $272,625 - $373,000

2 Beds
1 Bath
1,792 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $125,000 $70 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $1,960/month

24 Days on Market

About This Home

As of May 2016

Ideal location.. At $600.00/month per unit, low vacancy factor. Drive by and make offer subject to interior inspection..

Last Agent to Sell the Property

Mary Fondacaro

Unknown Broker License #01099139 Listed on: 04/03/2016

Last Buyer's Agent

Alejandro Mora

The Mora Partners Inc. License #01820381

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 6,821 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Wayside Elementary School
  • Sequoia Middle School
  • South High School

Listing and Financial Details

  • Assessor Parcel Number 16625312

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $14,400
  • Net Operating Income $11,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1982
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1792.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: South
  • Middle Or Junior School: Sequoia

Lot Info

  • Lot Size Sq Ft: 6821.00
  • Parcel #: 16625312

Multi Family

  • Total Annual Expense: 3400.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 14400.00
  • Property Net Operating Income: 11000.00

MLS Schools

  • Elementary School: Wayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2016
Closed on
Apr 23, 2016
Sold by
Mesfin Kebede F and Mesfin Yohannes K
Bought by
Morales Joe and Morales Monica
Seller's Agent
Mary Fondacaro
Unknown Broker
Buyer's Agent
Alejandro Mora
The Mora Partners Inc.
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$318,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,406
Avg. Annual Appreciation
10.19%
Original Mortgage
$78,000
Outstanding Balance
$48,102
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$270,304

Purchase Details

Closed on
Apr 21, 1999
Sold by
Tekai Fetaw T
Bought by
Mesfin F Kebede

Purchase Details

Closed on
Feb 13, 1996
Sold by
Mesfin Tessma Mehretu C and Mesfin Fekado Kebede
Bought by
Mesfin Kebede F and Mesfin Yohannes K
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
Morales Joe $125,000 Ticor Title Company
Mesfin F Kebede -- Chicago Title Co
Mesfin Yohannes K -- Chicago Title Co
Mesfin Kebede F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Joe $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $125,000 0.0% $70 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
04/03/2016 04/03/16 For Sale $125,000 -- $70 / 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 $3,545 $147,968 $29,591 $118,377
2024 $3,428 $145,067 $29,011 $116,056
2023 $3,428 $142,224 $28,443 $113,781
2022 $3,209 $139,436 $27,886 $111,550
2021 $3,022 $136,703 $27,340 $109,363
2020 $2,948 $135,302 $27,060 $108,242
2019 $2,843 $135,302 $27,060 $108,242
2018 $2,767 $130,050 $26,010 $104,040
2017 $2,732 $127,500 $25,500 $102,000
2016 $1,874 $82,517 $18,431 $64,086
2015 $1,873 $81,279 $18,155 $63,124
2014 $1,830 $79,688 $17,800 $61,888
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mary Fondacaro

    Unknown Broker

  • A

    Buyer's Agent in 2016

    Alejandro Mora

    The Mora Partners Inc.

    (661) 204-8663

    2 in this area

    109 Total Sales

    Alejandro Mora
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21603988

Bakersfield Association of REALTORS® / GEMLS

APN: 166-253-12-00-8

California Kern County Bakersfield 93307 Southgate

308 Wilson Rd, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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