NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1.55 Acre Lot

Sale Details

Date Sold: November 6, 2015

Last sale price $2,180,000

56 Days on Market

About This Home

As of November 2015

Blue Ridge Apartments, a 26 Unit apartment community. Located in southwest Bakersfield. Spacious 2 bedroom, 2 bath units with laundry hookups and carports. Built in 1987. Rent range $835-$935.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 08/12/2015

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 1.55

Parking

  • Carport
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 1.55 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 40312303

Community Details

Overview

  • 26 Units

Building Details

  • Gross Income $279,240
  • Net Operating Income $136,941

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

1.55 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1987
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 67518.00
  • Parcel #: 40312303
  • ResoLotSizeUnits: Acres

Multi Family

  • Total Annual Expense: 123517.00
  • Vacancy Factor: 3.60
  • Number Of Units Total: 26
  • Annual Gross Income: 279240.00
  • Property Net Operating Income: 136941.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
0.0679%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 29, 2017
Sold by
Bought by

Purchase Details

Listed on
Aug 12, 2015
Closed on
Oct 27, 2015
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$2,235,000
Sold Price
$2,180,000
Premium/Discount to List
-$55,000
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,526,000
Interest Rate
0.0381%

Purchase Details

Closed on
Jun 21, 1996
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,800,000 Pacific Coast Title
-- None Available
$2,180,000 Placer Title Company
$281,000 American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,200,000
Previous Owner $1,526,000
Previous Owner $1,565,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $2,180,000 -2.5% --
10/07/2015 10/07/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $2,235,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $54,328 $3,876,000 $550,800 $3,325,200
2024 $54,328 $3,800,000 $540,000 $3,260,000
2023 $38,331 $2,480,463 $307,211 $2,173,252
2022 $36,794 $2,431,828 $301,188 $2,130,640
2021 $35,241 $2,384,146 $295,283 $2,088,863
2020 $34,555 $2,359,701 $292,256 $2,067,445
2019 $34,216 $2,359,701 $292,256 $2,067,445
2018 $32,779 $2,268,072 $280,908 $1,987,164
2017 $32,389 $2,223,600 $275,400 $1,948,200
2016 $30,377 $2,180,000 $270,000 $1,910,000
2015 $19,482 $1,206,086 $216,817 $989,269
2014 $19,067 $1,182,461 $212,570 $969,891
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21509602

Bakersfield Association of REALTORS® / GEMLS
Your Personal Tour Guide

Ask me questions while you tour the home.