NOT LISTED FOR SALE

340 Montclair St Bakersfield, CA 93309

Southwest Bakersfield Neighborhood

Estimated Value: $713,000 - $811,000

8 Beds
7 Baths
4,329 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $420,000 $97 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,682/month

96 Days on Market

About This Home

As of April 2016

Westside Apartments. Great 4 plex in a garden setting. Very well maintained units. All units are 2 bedroom 1 bath. All have garages and some have patios. This would be a great addition to your portfolio.

Last Agent to Sell the Property

Sam Abed

Executive, REALTORS® License #01327240 Listed on: 11/30/2015

Co-Listed By

Acram Abed

Executive, REALTORS® License #01708444

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.33

Parking

  • 4 Car Garage

Interior Spaces

  • 4,329 Sq Ft Home
  • 1-Story Property

Schools

  • Harris Elementary School
  • Curran Middle School
  • Bakersfield High School

Additional Features

  • 0.33 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 14936011

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $40,200
  • Net Operating Income $32,845

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.33 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1972
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 10060
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4329.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Curran

Lot Info

  • Lot Size Sq Ft: 14553.00
  • Parcel #: 14936011

Multi Family

  • Total Annual Expense: 7355.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 4
  • Annual Gross Income: 40200.00
  • Property Net Operating Income: 32845.00

MLS Schools

  • Elementary School: Harris, C.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2015
Closed on
Feb 22, 2016
Sold by
Nooreen Inc
Bought by
Thompson Fuller C and The Fuller C Thompson Commerci
Seller's Agent
Sam Abed
Executive, REALTORS®
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$768,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,435
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Eldib Mamdouh
Bought by
Nooreen Inc

Purchase Details

Closed on
Apr 30, 2009
Sold by
Gregorio Louie and Gregorio Sherri
Bought by
Eldib Mamdouh

Purchase Details

Closed on
Feb 5, 2002
Sold by
Westside Investors
Bought by
Gregorio Louie and Gregorio Sherri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.85%
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
Thompson Fuller C $420,000 Placer Title Company
Nooreen Inc $200,000 None Available
Eldib Mamdouh $300,000 Ticor Title Company Of Ca
Gregorio Louie $215,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gregorio Louie $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $420,000 -1.2% $97 / Sq Ft
03/05/2016 03/05/16 Pending -- -- --
11/30/2015 11/30/15 For Sale $425,000 -- $98 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $8,205 $497,187 $88,781 $408,406
2024 $8,205 $487,440 $87,041 $400,399
2023 $8,022 $477,884 $85,335 $392,549
2022 $7,815 $468,514 $83,662 $384,852
2021 $7,412 $459,328 $82,022 $377,306
2020 $7,273 $454,619 $81,181 $373,438
2019 $7,131 $454,619 $81,181 $373,438
2018 $6,972 $436,968 $78,030 $358,938
2017 $6,929 $428,400 $76,500 $351,900
2016 $4,013 $208,044 $41,607 $166,437
2015 $3,974 $204,920 $40,983 $163,937
2014 $3,850 $200,907 $40,181 $160,726
Source: Public Records

Agents Affiliated with this Home

  • Sam Abed

    Seller's Agent in 2016

    Sam Abed

    Executive, REALTORS®

    (661) 496-5579

    2 in this area

    46 Total Sales

    Sam Abed
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Acram Abed

    Executive, REALTORS®

    Section Image

  • N

    Buyer's Agent in 2016

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21513929

Bakersfield Association of REALTORS® / GEMLS

APN: 149-360-11-00-1

California Kern County Bakersfield 93309 Southwest Bakersfield

340 Montclair St, Bakersfield, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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