NOT LISTED FOR SALE

Estimated Value: $546,000 - $665,000

9 Beds
5 Baths
3,366 Sq Ft
$182/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $360,000 $107 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,790/month

22 Days on Market

About This Home

As of June 2018

Calling all investors. 4plex in Southwest Bakersfield. One, 3 bedroom, 2 bath unit with garage. Three, 2 bedroom, 1 bath units with storage and carports. Two units recently updated with new flooring and paint. All units have HVAC's. Coin operated laundry room onsite.

Last Agent to Sell the Property

Mark Clemmer

Clemmer and Company Real Estat License #01994471 Listed on: 05/01/2018

Co-Listed By

Melinda Clemmer

Clemmer and Company Real Estat License #01911036

Last Buyer's Agent

Eva Salinas

EV & Company Real Estate Group License #01165858

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 10,522

Interior Spaces

  • 3,366 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Car Garage
  • Carport

Schools

  • Stine Elementary School
  • Thompson Middle School
  • West High School

Additional Features

  • 10,522 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 44118201

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $37,200
  • Net Operating Income $26,351

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

10,522 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1975
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 12188
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3366.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 5.00
  • Parking Features: Garage, Carport
  • Garages: 1

Utilities

  • Heatcool: Central AC

Schools

  • High School: West
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Lot Size Sq Ft: 10522.00
  • Parcel #: 44118201

Multi Family

  • Total Annual Expense: 5280.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 4
  • Annual Gross Income: 37200.00
  • Property Net Operating Income: 26351.00

MLS Schools

  • Elementary School: Stine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Aug 7, 2018
Sold by
Nguyen Alain Hong and Ngo Thao Thanh
Bought by
Bralti Properties Llc
Seller's Agent
Mark Clemmer
Clemmer and Company Real Estat
Buyer's Agent
Eva Salinas
EV & Company Real Estate Group
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$611,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,246
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
May 1, 2018
Closed on
Jun 12, 2018
Sold by
Park Tae and Park You
Bought by
Nguyen Alain Hong and Ngo Thao Thanh
Seller's Agent
Mark Clemmer
Clemmer and Company Real Estat
Buyer's Agent
Eva Salinas
EV & Company Real Estate Group
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Sewco Real Estate Holdings Llc
Bought by
Park Tae and Park You

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2003
Sold by
Cohen Joel R and Cohen Hope M
Bought by
Sewco Real Estate Holdings Llc

Purchase Details

Closed on
May 14, 2003
Sold by
Sewco Real Estate Holdings Llc
Bought by
Cohen Joel R and Cohen Hope M

Purchase Details

Closed on
Feb 8, 2001
Sold by
Cohen Joel R and Cohen Hope M
Bought by
Sewco Real Estate Holdings Llc

Purchase Details

Closed on
Jan 5, 1999
Sold by
Kreutzer Delores L Living Tr and Louise Delores
Bought by
Cohen Joel R and Cohen Hope M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.63%
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
Bralti Properties Llc -- None Available
Nguyen Alain Hong $360,000 Placer Title Co
Park Tae $325,000 Placer Title Company
Sewco Real Estate Holdings Llc -- --
Cohen Joel R -- --
Sewco Real Estate Holdings Llc -- --
Cohen Joel R $140,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Tae $243,750
Previous Owner Cohen Joel R $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $360,000 -4.0% $107 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $375,000 -- $111 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $7,324 $409,613 $85,335 $324,278
2024 $7,324 $401,582 $83,662 $317,920
2023 $7,190 $393,709 $82,022 $311,687
2022 $6,885 $385,990 $80,414 $305,576
2021 $6,491 $378,423 $78,838 $299,585
2020 $6,326 $374,544 $78,030 $296,514
2019 $6,242 $374,544 $78,030 $296,514
2018 $5,652 $331,500 $51,000 $280,500
2017 $5,570 $325,000 $50,000 $275,000
2016 $3,767 $185,386 $50,313 $135,073
2015 $3,719 $182,603 $49,558 $133,045
2014 $3,625 $179,027 $48,588 $130,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21805297

Bakersfield Association of REALTORS® / GEMLS

APN: 441-182-01-00-5

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