NOT LISTED FOR SALE

313 W China Grade Loop Bakersfield, CA 93308

North Country Meadows Neighborhood

Estimated Value: $276,000 - $389,000

2 Beds
1 Bath
1,802 Sq Ft
$173/Sq Ft Est. Value

Last Sold December 26, 2012

Last sale price $98,905 $55 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,907/month

255 Days on Market

About This Home

As of December 2012

Timing is everything Don/t miss a chance to buy a rental property that offers good return of investment. this is it, come view, put your highest and best on the table. ACT NOW!!!

Last Agent to Sell the Property

Susan Blanza

Watson Realty License #01336334 Listed on: 03/16/2012

Last Buyer's Agent

Bob Ritchey

Riverlakes Brokers Referral License #00604585

Riverlakes Brokers Referral

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 7,711 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11235009

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $19,200
  • Net Operating Income $14,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1981
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1802.00

Exterior Features

  • Disclosures: Short Sale

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 7711.00
  • Parcel #: 11235009

Multi Family

  • Total Annual Expense: 4760.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 2
  • Annual Gross Income: 19200.00
  • Property Net Operating Income: 14440.00

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2012
Closed on
Dec 18, 2012
Sold by
Wattenbarger April Ann
Bought by
Wattenbarger Donald Scott
Seller's Agent
Susan Blanza
Watson Realty
Buyer's Agent
Bob Ritchey
Riverlakes Brokers Referral
List Price
$70,200
Sold Price
$98,905
Premium/Discount to List
$28,705
40.89%
Current Estimated Value
$312,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,695
Avg. Annual Appreciation
9.23%

Purchase Details

Listed on
Mar 16, 2012
Closed on
Dec 17, 2012
Sold by
Wattenbarger Donald S
Bought by
Tjepkema John and Tjepkema Karen
Seller's Agent
Susan Blanza
Watson Realty
Buyer's Agent
Bob Ritchey
Riverlakes Brokers Referral
List Price
$70,200
Sold Price
$98,905
Premium/Discount to List
$28,705
40.89%

Purchase Details

Closed on
Jan 26, 2012
Sold by
Wattenbarger Donald S and Wattenbarger April A
Bought by
Wattenbarger Donald Scott

Purchase Details

Closed on
Nov 16, 2006
Sold by
Wattenbarger Donald Scott and Wattenbarger April Ann
Bought by
Wattenbarger Donald S and Wattenbarger April A

Purchase Details

Closed on
Jul 5, 2006
Sold by
Wattenbarger April Ann
Bought by
Wattenbarger Donald Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,400
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 28, 2004
Sold by
Wattenbarger April Ann
Bought by
Wattenbarger Donald Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Wattenbarger Donald Scott -- Stewart Title Of California
Tjepkema John $99,000 Stewart Title Of California
Wattenbarger Donald Scott -- None Available
Wattenbarger Donald S -- None Available
Wattenbarger Donald Scott -- Commonwealth Land Title Co
Wattenbarger Donald Scott -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wattenbarger Donald Scott $151,400
Previous Owner Wattenbarger Donald Scott $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2012 12/26/12 Sold $98,905 +40.9% $55 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $70,200 -- $39 / 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 $3,293 $121,902 $18,468 $103,434
2024 $3,168 $119,512 $18,106 $101,406
2023 $3,168 $117,169 $17,751 $99,418
2022 $2,966 $114,872 $17,403 $97,469
2021 $2,790 $112,620 $17,062 $95,558
2020 $2,654 $111,467 $16,888 $94,579
2019 $2,620 $111,467 $16,888 $94,579
2018 $2,521 $107,140 $16,233 $90,907
2017 $2,491 $105,040 $15,915 $89,125
2016 $2,333 $102,981 $15,603 $87,378
2015 $2,303 $101,435 $15,369 $86,066
2014 $2,258 $99,449 $15,068 $84,381
Source: Public Records

Agents Affiliated with this Home

  • Susan Blanza

    Seller's Agent in 2012

    Susan Blanza

    Watson Realty

    (661) 387-5835

    1 in this area

    99 Total Sales

    Susan Blanza
    Section Image

  • B

    Buyer's Agent in 2012

    Bob Ritchey

    Riverlakes Brokers Referral

    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21203104

Bakersfield Association of REALTORS® / GEMLS

APN: 112-350-08-00-2

California Kern County Bakersfield 93308 North Country Meadows

313 W China Grade Loop, 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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