NOT LISTED FOR SALE

3205 Fortier St Bakersfield, CA 93306

Estimated Value: $559,000 - $631,000

6 Beds
6 Baths
2,992 Sq Ft
$195/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $555,000 $185 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,738/month

2 Days on Market

About This Home

As of June 2024

3205 Fortier- Located at 3205 Fortier St in Bakersfield, California, this fourplex presents a lucrative investment opportunity at $555,000. Built in 1995, this property boasts a modern infrastructure ensuring low maintenance costs. Consisting of two spacious 2-bedroom units with 1.75 baths each and two cozy 1-bedroom units with 1 bath each, it offers a versatile accommodation mix suitable for various tenant needs. With rents below market value, there's significant upside potential for increased profitability, making it an attractive prospect for savvy investors seeking steady rental income in Bakersfield's thriving real estate market.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/05/2024

Last Buyer's Agent

Eric Van Denk

Central Valley Property Adviso License #02071696

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,536

Year Built

  • Built in 1995

Lot Details

  • 7,405

Parking

  • Uncovered Parking

Home Design

  • Tile Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property

Schools

  • Hort Elementary School
  • Stiern Middle School
  • Foothill High School

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 13220406

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $49,944
  • Net Operating Income $25,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,536

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1995
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.1700
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2992.00

Exterior Features

  • Roof: Tile
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Foothill
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 7405.00
  • Parcel #: 13220406

Multi Family

  • Total Annual Expense: 23200.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 49944.00
  • Property Net Operating Income: 25245.00

MLS Schools

  • Elementary School: Hort

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2024
Closed on
Jun 6, 2024
Sold by
Gold Kellyanne
Bought by
Horovitz David
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Eric Van Denk
Central Valley Property Adviso
List Price
$555,000
Sold Price
$555,000
Views
9
Current Estimated Value
$583,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,841
Avg. Annual Appreciation
4.07%
Original Mortgage
$300,000
Outstanding Balance
$296,796
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$287,045

Purchase Details

Listed on
May 5, 2024
Closed on
Jun 3, 2024
Sold by
Anthony & Company Llc
Bought by
Horovitz David
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Eric Van Denk
Central Valley Property Adviso
List Price
$555,000
Sold Price
$555,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$296,796
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$287,045

Purchase Details

Listed on
May 5, 2024
Closed on
May 1, 2024
Sold by
Anthony Patrick and Anthony Patricia
Bought by
Anthony & Company Llc
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Eric Van Denk
Central Valley Property Adviso
List Price
$555,000
Sold Price
$555,000
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$296,796
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$287,045

Purchase Details

Closed on
Sep 22, 2003
Sold by
Latham & Fortier Llc
Bought by
Anthony Perry Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Thurston Marc A and Thurston Jennifer L
Bought by
Latham & Fortier Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Bgm Partnership
Bought by
Thurston Marc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Chu Tao Shu
Bought by
Bgm Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2003
Sold by
Rodriguez Caridad
Bought by
Rodriguez Roland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 1996
Sold by
Chu Hui F
Bought by
Chu Tao Shu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
7.18%

Purchase Details

Closed on
Dec 21, 1995
Sold by
Bethel Investment Inc
Bought by
Chu Tao Shu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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
Horovitz David -- Placer Title
Horovitz David $555,000 Placer Title
Horovitz David $555,000 Placer Title
Anthony & Company Llc -- None Listed On Document
Anthony Perry Lee $330,000 Ticor Title
Latham & Fortier Llc -- --
Thurston Marc A -- American Title
Bgm Partnership -- American Title
Rodriguez Roland -- American Title
Chu Tao Shu -- Stewart Title
Chu Tao Shu $146,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horovitz David $300,000
Closed Horovitz David $300,000
Previous Owner Anthony Perry Lee $102,325
Previous Owner Anthony Perry Lee $266,175
Previous Owner Anthony Perry Lee $231,000
Previous Owner Thurston Marc A $188,000
Previous Owner Bgm Partnership $188,000
Previous Owner Rodriguez Roland $188,000
Previous Owner Chu Tao Shu $145,600
Closed Anthony Perry Lee $65,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $555,000 0.0% $185 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/05/2024 05/05/24 For Sale $555,000 -- $185 / 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 $7,536 $566,100 $102,000 $464,100
2024 $7,536 $421,361 $65,545 $355,816
2023 $7,389 $413,100 $64,260 $348,840
2022 $6,833 $374,000 $80,000 $294,000
2021 $5,804 $314,000 $63,000 $251,000
2020 $5,503 $299,000 $60,000 $239,000
2019 $6,003 $344,000 $69,000 $275,000
2018 $5,395 $299,000 $60,000 $239,000
2017 $5,044 $269,000 $54,000 $215,000
2016 $4,634 $260,000 $52,000 $208,000
2015 $4,573 $254,000 $38,000 $216,000
2014 $3,958 $206,000 $30,000 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404409

Bakersfield Association of REALTORS® / GEMLS

APN: 132-204-06-00-6