NOT LISTED FOR SALE

Estimated Value: $447,700 - $480,000

2 Beds
1 Bath
3,072 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $450,000 $146 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,913/month

41 Days on Market

About This Home

As of November 2024

Triplex Income Property - Investor's Dream! Spacious 3 bed, 2 bath unit plus two 2 bed, 1 bath units. Perfect for rental income! Needs some TLC, with some updates, you can significantly raise the rents and boost your investment return. A prime opportunity to add value and grow your portfolio. Don't miss out!

Last Agent to Sell the Property

Eric Mora

The Mora Partners Inc. License #01879460 Listed on: 09/19/2024

Last Buyer's Agent

Ryan Dobbs

Ryan Dobbs Realty License #01999491

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.3

Home Design

  • Composition Roof

Interior Spaces

  • 3,072 Sq Ft Home
  • 1-Story Property

Parking

  • 12 Car Parking Spaces
  • Uncovered Parking

Schools

  • Munsey Elementary School
  • Curran Middle School
  • West High School

Additional Features

  • 0.3 Acre Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 16404024

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $27,900
  • Net Operating Income $25,110

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.3 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Building Stories: 1
  • Deposit Amount Required: 3000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.3000
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3072.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking: 12.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Schools

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

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 13068.00
  • Parcel #: 16404024

Multi Family

  • Total Annual Expense: 2790.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 27900.00
  • Property Net Operating Income: 25110.00

MLS Schools

  • Elementary School: Munsey, Millie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 9, 2024
Sold by
Sbe Lp
Bought by
Smith Marc
Seller's Agent
Eric Mora
The Mora Partners Inc.
Buyer's Agent
Ryan Dobbs
Ryan Dobbs Realty
List Price
$450,000
Sold Price
$450,000
Views
415
Current Estimated Value
$507,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,577
Avg. Annual Appreciation
2.90%
Original Mortgage
$360,000
Outstanding Balance
$356,048
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$111,377

Purchase Details

Closed on
Jul 9, 2024
Sold by
Johnson Harolyn L
Bought by
Sbe Lp
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
Smith Marc $450,000 Chicago Title
Smith Marc $450,000 Chicago Title
Sbe Lp $275,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Marc $360,000
Closed Smith Marc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $450,000 0.0% $146 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $450,000 -- $146 / 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 $3,258 $450,000 $65,000 $385,000
2024 $3,135 $131,069 $16,112 $114,957
2023 $3,135 $128,500 $15,797 $112,703
2022 $2,868 $125,982 $15,488 $110,494
2021 $2,633 $123,513 $15,185 $108,328
2020 $2,506 $122,248 $15,030 $107,218
2019 $2,460 $122,248 $15,030 $107,218
2018 $2,370 $117,503 $14,448 $103,055
2017 $2,344 $115,200 $14,165 $101,035
2016 $2,201 $112,942 $13,888 $99,054
2015 $2,199 $111,247 $13,680 $97,567
2014 $2,145 $109,069 $13,413 $95,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202409196

Bakersfield Association of REALTORS® / GEMLS

APN: 164-040-24-00-7

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