NOT LISTED FOR SALE

325 Meadow St Buttonwillow, CA 93206

Estimated Value: $181,000 - $260,000

2 Beds
1 Bath
1,517 Sq Ft
$155/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $375,000 $247 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $1,512/month

60 Days on Market

About This Home

As of January 2023

4 Units in Buttonwillow, sale consists of 2 parcels. APN #'s 101-053-19 & 101-053-47, 2 Units on each parcel. One duplex (325 Meadow St) and two homes on one lot (462 & 463 Baggiani Ct), Long term tenancy. 100% Occupied, Professionally Managed. VALUE ADD OPPORTUNITY

Last Agent to Sell the Property

Daniel Holt

Portfolio Properties License #01732002 Listed on: 11/01/2022

Co-Listed By

Michael Magana

Coldwell Banker Frontier License #01980611

Last Buyer's Agent

Diana Andrade

Watson Realty License #01747010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 10,018

Parking

  • Carport
  • Uncovered Parking

Schools

  • Buttonwillow Elementary And Middle School
  • Shafter High School

Additional Features

  • 1-Story Property
  • 10,018 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 10105319

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $52,680
  • Net Operating Income $31,959

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1956
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 5296
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport, Uncovered

Utilities

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

Schools

  • High School: Shafter
  • Middle Or Junior School: Buttonwillow

Lot Info

  • Lot Size Sq Ft: 10018.00
  • Parcel #: 10105319

Multi Family

  • Total Annual Expense: 20721.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 4
  • Annual Gross Income: 52680.00
  • Property Net Operating Income: 31959.00

MLS Schools

  • Elementary School: Buttonwillow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Jan 19, 2023
Sold by
Thomas P Wells Trust
Bought by
Martinez Perez Roberto and Ledesma Rodriguez Anita
Seller's Agent
Daniel Holt
Portfolio Properties
Buyer's Agent
Diana Andrade
Watson Realty
List Price
$449,500
Sold Price
$375,000
Premium/Discount to List
-$74,500
-16.57%
Current Estimated Value
$235,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,866
Avg. Annual Appreciation
-14.82%
Original Mortgage
$136,000
Outstanding Balance
$131,567
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$103,567

Purchase Details

Closed on
May 14, 2004
Sold by
Wells Thomas Patrick
Bought by
Wells Thomas P and Thomas P Wells Trust

Purchase Details

Closed on
Sep 10, 1996
Sold by
Wells Family Tr and Douglas Larry
Bought by
Wells Larry Douglas and Wells Family Revocable Trust
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
Martinez Perez Roberto $215,000 First American Title
Martinez Perez Rafael $160,000 First American Title
Wells Thomas P -- --
Wells Larry Douglas -- Chicago Title Insurance
Wells Larry Douglas -- Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Perez Rafael $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $375,000 -16.6% $247 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $449,500 -- $296 / 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 $3,357 $166,464 $31,212 $135,252
2024 $3,046 $163,200 $30,600 $132,600
2023 $3,046 $160,000 $30,000 $130,000
2022 $1,571 $51,607 $9,933 $41,674
2021 $1,427 $50,596 $9,739 $40,857
2020 $1,427 $50,079 $9,640 $40,439
2019 $1,265 $50,079 $9,640 $40,439
2018 $1,191 $48,136 $9,266 $38,870
2017 $1,184 $47,193 $9,085 $38,108
2016 $1,148 $46,268 $8,907 $37,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202211924

Bakersfield Association of REALTORS® / GEMLS

APN: 101-053-19-00-8