NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.69 Acre Lot

Sale Details

Date Sold: April 15, 2015

Last sale price $425,000

25 Days on Market

About This Home

As of April 2015

Money producing 10 unit complex in North Bakersfield. Great pride of ownership with an on-site manager and currently fully occupied. Rents range from $475 - 875.

Last Agent to Sell the Property

Seth Johnson

Seth Johnson, Broker License #01469072 Listed on: 02/19/2015

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.69

Parking

  • Uncovered Parking

Schools

  • Beardsley Elementary And Middle School
  • North High School

Additional Features

  • 1-Story Property
  • 30,233 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 11428009

Community Details

Overview

  • 10 Units

Building Details

  • Gross Income $60,540
  • Net Operating Income $33,357

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0.69 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1940
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat,Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 30233.00
  • Parcel #: 11428009

Multi Family

  • Total Annual Expense: 24156.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 10
  • Annual Gross Income: 60540.00
  • Property Net Operating Income: 33357.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2015
Closed on
Mar 24, 2015
Sold by
Bought by
Seller's Agent
Seth Johnson
Seth Johnson, Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Purchase Details

Listed on
Nov 7, 2013
Closed on
Apr 23, 2014
Sold by
Bought by
Seller's Agent
Marvin Bush
Miramar International Calloway
Buyer's Agent
Seth Johnson
Seth Johnson, Broker
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$327,250
Interest Rate
4.28%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
6.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 1996
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 Stewart Title Of Ca Inc
$385,000 Stewart Title Of Ca Inc
$298,000 First American Title Company
$298,000 Accommodation
-- None Available
-- Chicago Title Company
-- Fidelity National Title Co
$420,000 Fidelity National Title Co
$178,000 --
$500 Stewart Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $10,000,000
Closed $275,000
Previous Owner $327,250
Previous Owner $293,000
Previous Owner $400,000
Previous Owner $400,000
Previous Owner $40,000
Previous Owner $165,000
Previous Owner $294,000
Previous Owner $106,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2015 04/15/15 Sold $425,000 -5.6% --
03/16/2015 03/16/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $450,000 +16.9% --
04/30/2014 04/30/14 Sold $385,000 0.0% -- View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $385,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $14,348 $520,990 $110,324 $410,666
2025 $13,818 $510,775 $108,161 $402,614
2024 $13,818 $500,761 $106,041 $394,720
2023 $13,355 $490,943 $103,962 $386,981
2022 $12,620 $481,318 $101,924 $379,394
2021 $11,876 $471,881 $99,926 $371,955
2020 $11,324 $467,044 $98,902 $368,142
2019 $11,212 $467,044 $98,902 $368,142
2018 $12,421 $448,910 $95,062 $353,848
2017 $11,925 $440,109 $93,199 $346,910
2016 $7,642 $431,480 $91,372 $340,108
2015 $7,063 $392,691 $76,498 $316,193
2014 $6,606 $358,620 $92,216 $266,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21502026

Bakersfield Association of REALTORS® / GEMLS
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