NOT LISTED FOR SALE

Estimated Value: $409,038 - $458,000

4 Beds
3 Baths
2,028 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $252,000 $124 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,667/month

27 Days on Market

About This Home

As of July 2018

Fantastic income property in Sagepointe area! Immaculate duplex fortified with upgrades and steady rents! The front unit features 3 bedrooms, 1.75 bathrooms, a detached 2 car garage and an uncovered parking stall. A spacious living area with a notable fireplace, spacious bedrooms, upgraded bathrooms, a sizeable kitchen featuring a stainless steel sink, new microwave, newer stove/oven, new tile throughout the home and a private backyard The second unit is a 2 bedroom 1 bath home with a detached 2 car garage and an uncovered parking stall. This splendid home boasts a spacious living room, two airy bedrooms, a sizeable kitchen featuring a newer stove, large dining area and a private backyard as well! This duplex is fully occupied with a very low vacancy factor! Home sweet home to your tenants!

Last Agent to Sell the Property

Tracey Robinson

Watson Realty License #01493620 Listed on: 06/29/2018

Last Buyer's Agent

Robin Ablin

RSC Realty Company License #996751

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,378 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,028 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Car Garage
  • Uncovered Parking

Schools

  • Castle Elementary School
  • Actis Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 35539303

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,480
  • Net Operating Income $17,612

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

8,378 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1978
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2028.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Garage, Uncovered
  • Garages: 2

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Lot Size Sq Ft: 8378.00
  • Parcel #: 35539303

Multi Family

  • Total Annual Expense: 6868.00
  • Vacancy Factor: 0.04
  • Number Of Units Total: 2
  • Annual Gross Income: 24480.00
  • Property Net Operating Income: 17612.00

MLS Schools

  • Elementary School: Castle, C. H.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2018
Closed on
Jul 24, 2018
Sold by
Edwards Brian Keith and Edwards Harriet
Bought by
Millette Jacques
Seller's Agent
Tracey Robinson
Watson Realty
Buyer's Agent
Robin Ablin
RSC Realty Company
List Price
$285,000
Sold Price
$252,000
Premium/Discount to List
-$33,000
-11.58%
Current Estimated Value
$434,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,510
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Jun 11, 2008
Sold by
Avelo Mortgage Llc
Bought by
Edwards Brian Keith and Edwards Harriet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2008
Sold by
Anaya Rogelio and Prado Maria Socorro
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
May 7, 2005
Sold by
Moawad Tawfik S and The Moawad Trust
Bought by
Anaya Rogelio and Prado Maria Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2001
Sold by
Moawad Tawfik S and Moawad Tawfik
Bought by
Moawad Tawfik S and Moawad Trust

Purchase Details

Closed on
Dec 27, 1999
Sold by
Gammel Jeri
Bought by
Moawad Tawfik and Moawad Miranda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
3.85%

Purchase Details

Closed on
Dec 20, 1999
Sold by
Gammel Tim
Bought by
Gammel Jeri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
3.85%

Purchase Details

Closed on
Mar 9, 1998
Sold by
Ambrosini Robert J
Bought by
Gammel Tim and Gammel Jeri

Purchase Details

Closed on
Aug 19, 1996
Sold by
Ambrosini Richard M
Bought by
Ambrosini Robert J
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
Millette Jacques $252,000 Chicago Title Co
Edwards Brian Keith $205,000 Lsi Title
Avelo Mortgage Llc $195,000 None Available
Anaya Rogelio $287,000 Chicago Title
Moawad Tawfik S -- --
Moawad Tawfik $92,000 Stewart Title
Gammel Jeri -- Stewart Title
Gammel Tim -- Fidelity National Title Co
Ambrosini Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edwards Brian Keith $164,000
Previous Owner Anaya Rogelio $237,500
Previous Owner Moawad Tawfik $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $252,000 -11.6% $124 / Sq Ft
06/29/2018 06/29/18 For Sale $285,000 -- $141 / 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 $4,567 $281,106 $55,774 $225,332
2024 $4,492 $275,595 $54,681 $220,914
2023 $4,492 $270,192 $53,609 $216,583
2022 $4,306 $264,895 $52,558 $212,337
2021 $4,100 $259,702 $51,528 $208,174
2020 $4,011 $257,040 $51,000 $206,040
2019 $3,959 $257,040 $51,000 $206,040
2018 $3,351 $210,000 $40,000 $170,000
2017 $3,363 $211,000 $45,000 $166,000
2016 $3,234 $213,000 $45,000 $168,000
2015 $2,243 $125,000 $40,000 $85,000
2014 $2,270 $130,000 $30,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21807901

Bakersfield Association of REALTORS® / GEMLS

APN: 355-393-03-00-1

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