NOT LISTED FOR SALE

Estimated Value: $281,000 - $365,000

4 Beds
2 Baths
1,568 Sq Ft
$199/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $128,500 $82 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,031/month

90 Days on Market

About This Home

As of June 2016

Attention all investors! Duplex both units are 2 bed 1 bath. Rents are $700 and $650. Professional property management in place needed. Please do not disturb tenants bring all offers.

Last Agent to Sell the Property

Pete Peralta

Miramar International-Riverwal License #1307225 Listed on: 02/08/2016

Co-Listed By

Carlos Padilla

Watson Realty License #01487576

Last Buyer's Agent

Adrian Diniz

City Real Estate Group & P.M. License #01761203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,699

Year Built

  • Built in 1976

Lot Details

  • 9,359 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property

Schools

  • Virginia Avenue Elementary School
  • Fairfax Middle School
  • Mira Monte High School

Listing and Financial Details

  • Assessor Parcel Number 14222307

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,200
  • Net Operating Income $10,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,699

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1976
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Co List Office Mls Id: 6105
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1568.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Evaporative

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Fairfax

Lot Info

  • Lot Size Sq Ft: 9359.00
  • Parcel #: 14222307

Multi Family

  • Total Annual Expense: 5500.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 16200.00
  • Property Net Operating Income: 10700.00

MLS Schools

  • Elementary School: Virginia Avenue

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Shipp Christopher Steven and Kanda Kae
Bought by
Shipp
Current Estimated Value
$311,971

Purchase Details

Listed on
Feb 8, 2016
Closed on
May 9, 2016
Sold by
Bush Business Development Corporation
Bought by
Shipp Christopher Steven and Shipp Kanda Kae
Seller's Agent
Pete Peralta
Miramar International-Riverwal
Buyer's Agent
Adrian Diniz
City Real Estate Group & P.M.
List Price
$135,500
Sold Price
$128,500
Premium/Discount to List
-$7,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.14%
Original Mortgage
$92,250
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2013
Sold by
0506 Llc
Bought by
Bush Business Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.18%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 23, 2011
Sold by
Aurora Loan Services Llc
Bought by
0506 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 20, 2011
Sold by
Manzanares Mauricio and Manzanares Rosa M
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 10, 2005
Sold by
Ortega Jose Alejandro
Bought by
Manzanares Mauricio and Manzanares Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2004
Sold by
Ortega Susana C
Bought by
Ortega Jose Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,235
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2002
Sold by
Ortega Susana C
Bought by
Ortega Jose Alexandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,333
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2002
Sold by
Zaragoza John Armas and Zaragoza Martha
Bought by
Ortega Jose Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,333
Interest Rate
6.84%
Mortgage Type
FHA
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
Shipp -- None Listed On Document
Shipp Christopher Steven $128,500 Chicago Title Company
Bush Business Development Corporation -- Ticor Title Company
0506 Llc $46,000 Multiple
Aurora Loan Services Llc $51,000 Servicelink
Manzanares Mauricio $185,000 Stewart Title
Ortega Jose Alejandro -- Commonwealth Title
Ortega Jose Alexandro -- Chicago Title Co
Ortega Jose Alejandro $74,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shipp Christopher Steven $92,250
Previous Owner Bush Business Development Corporation & $132,000
Previous Owner Bush Business Development $190,000
Previous Owner Bush Business Development Corporation $190,000
Previous Owner 0506 Llc $100,000
Previous Owner 0506 Llc $60,000
Previous Owner Manzanares Mauricio $217,500
Previous Owner Manzanares Mauricio $166,500
Previous Owner Ortega Jose Alejandro $77,235
Previous Owner Ortega Jose Alejandro $73,333
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2016 06/07/16 Sold $128,500 -5.2% $82 / Sq Ft
05/08/2016 05/08/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $135,500 -- $86 / 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 $3,699 $152,110 $29,591 $122,519
2024 $3,569 $149,128 $29,011 $120,117
2023 $3,569 $146,205 $28,443 $117,762
2022 $3,349 $143,339 $27,886 $115,453
2021 $3,157 $140,530 $27,340 $113,190
2020 $3,062 $139,090 $27,060 $112,030
2019 $2,963 $139,090 $27,060 $112,030
2018 $2,913 $133,691 $26,010 $107,681
2017 $2,876 $131,070 $25,500 $105,570
2016 $2,001 $88,019 $20,710 $67,309
2015 $1,995 $86,697 $20,399 $66,298
2014 $1,944 $85,000 $20,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21601663

Bakersfield Association of REALTORS® / GEMLS

APN: 142-223-07-00-1