NOT LISTED FOR SALE

Estimated Value: $611,000 - $701,000

9 Beds
5 Baths
3,426 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $348,000 $102 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,065/month

29 Days on Market

About This Home

As of October 2015

Well maintained 4-Plex, Consistent rental history, 3 Bedroom unit has a 2 car garage and the 2 bedrooms have a 1 car garage. Excellent property to exchange into. Professionally managed. Make an offer today!

Last Agent to Sell the Property

Wesley Willingham

New Concept Realty, Inc. License #1258053 Listed on: 08/03/2015

Last Buyer's Agent

Wesley Willingham

New Concept Realty, Inc. License #1258053 Listed on: 08/03/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,351

Year Built

  • Built in 1974

Lot Details

  • 7,805 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 3,426 Sq Ft Home
  • 2-Story Property

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 44118107

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $35,340
  • Net Operating Income $26,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,351

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1974
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3426.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 7805.00
  • Parcel #: 44118107

Multi Family

  • Total Annual Expense: 9070.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 35340.00
  • Property Net Operating Income: 26270.00

MLS Schools

  • Elementary School: Stine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Sep 4, 2015
Sold by
Fallgatter John C
Bought by
Valle Elizabeth
Seller's Agent
Wesley Willingham
New Concept Realty, Inc.
Buyer's Agent
Wesley Willingham
New Concept Realty, Inc.
List Price
$349,950
Sold Price
$348,000
Premium/Discount to List
-$1,950
-0.56%
Current Estimated Value
$653,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,670
Avg. Annual Appreciation
6.81%
Original Mortgage
$341,696
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 27, 2012
Closed on
Oct 8, 2013
Sold by
Shyne Janell J and Janelle J Shyne Revocable Trus
Bought by
Fallgatter John C
Seller's Agent
John Willingham
New Concept Realty, Inc.
Buyer's Agent
John Willingham
New Concept Realty, Inc.
List Price
$299,950
Sold Price
$285,000
Premium/Discount to List
-$14,950
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Sep 19, 2005
Sold by
Willingham John Wesley and Willingham Barbara D
Bought by
Willingham John and Willingham Barbara

Purchase Details

Closed on
Feb 24, 2003
Sold by
Shyne Janelle J
Bought by
Shyne Janelle J and Janelle J Shyne Revocable Trus

Purchase Details

Closed on
Feb 7, 2001
Sold by
Willingham John Wesley and Willingham Barbara D
Bought by
Shyne Janelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 18, 2001
Sold by
Muzinich Nilda E and The Nilda E Muzinich Living Tr
Bought by
Willingham John Wesley and Willingham Barbara D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.08%
Mortgage Type
Seller Take Back
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
Valle Elizabeth $348,000 Chicago Title Company
Fallgatter John C $285,000 Chicago Title Company
Willingham John -- Fidelity Title
Shyne Janelle J -- Fidelity National Title Co
Shyne Janelle J -- --
Willingham John Wesley $144,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valle Elizabeth $341,696
Previous Owner Willingham John Wesley $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2015 10/01/15 Sold $348,000 -0.6% $102 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $349,950 +22.8% $102 / Sq Ft
11/07/2013 11/07/13 Sold $285,000 -5.0% $83 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
12/27/2012 12/27/12 For Sale $299,950 -- $88 / 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 $7,351 $411,954 $59,186 $352,768
2024 $7,351 $403,877 $58,026 $345,851
2023 $7,218 $395,959 $56,889 $339,070
2022 $6,911 $388,196 $55,774 $332,422
2021 $6,517 $380,585 $54,681 $325,904
2020 $6,352 $376,684 $54,121 $322,563
2019 $6,267 $376,684 $54,121 $322,563
2018 $6,014 $362,059 $52,020 $310,039
2017 $5,927 $354,960 $51,000 $303,960
2016 $5,591 $348,000 $50,000 $298,000
2015 $4,944 $290,694 $40,799 $249,895
2014 $4,821 $285,000 $40,000 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21509302

Bakersfield Association of REALTORS® / GEMLS

APN: 441-181-07-00-6