NOT LISTED FOR SALE

Estimated Value: $267,210

4 Beds
1 Bath
1,471 Sq Ft
$182/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2024

Last sale price $200,000 $136 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,818 / mo

67 Days on Market

About This Home

As of December 2024

Great investment property conveniently located near downtown Bakersfield. This unique offering includes two separate homes on one lot, providing excellent rental income potential and flexibility for any investor or owner-occupant. The Front unit is 3bd/1ba approximately 1,084 SF Currently rented at $1,250 and the back unit contains 1bd/1ba approximately 450 SF currently rented at $950/month. Both units are well-maintained, and the property's central location makes it highly desirable for tenants, offering quick access to downtown, shopping, dining, and major transportation routes. Whether you're a seasoned investor or looking to start your real estate portfolio, this property provides a great opportunity for cash flow with room to grow.

Last Agent to Sell the Property

Nicholas Sibley

RE/MAX Golden Empire License #02197083 Listed on: 09/12/2024

RE/MAX Golden Empire

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Eric Van Denk

Central Valley Property Adviso License #02071696

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,098

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,471 Sq Ft Home
  • 1-Story Property

Schools

  • Hills Elementary School
  • Emerson Middle School
  • North High School

Additional Features

  • 6,098 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 12010005

Community Details

Overview

  • 2 Units
  • Northern Div Subdivision

Building Details

  • Gross Income $26,400
  • Net Operating Income $17,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1923
  • Building Stories: 1
  • Deposit Amount Required: 5500.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1400
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1471.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Schools

  • High School: North
  • Middle Or Junior School: Emerson

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 12010005

Multi Family

  • Total Annual Expense: 9240.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 26400.00
  • Property Net Operating Income: 17160.00

MLS Schools

  • Elementary School: Hills, Stella

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

Listed on
Sep 12, 2024
Closed on
Dec 2, 2024
Sold by
Bought by
Seller's Agent
Nicholas Sibley
RE/MAX Golden Empire
Buyer's Agent
Eric Van Denk
Central Valley Property Adviso
List Price
$325,000
Sold Price
$200,000
Premium/Discount to List
-$125,000
-38.46%
Views
39
Current Estimated Value
$267,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,210
Avg. Annual Appreciation
19.32%

Purchase Details

Listed on
Aug 9, 2017
Closed on
Aug 25, 2017
Sold by
Bought by
Seller's Agent
Shawn Barton
Clemmer and Company Real Estat
Buyer's Agent
Joanie Haenelt
Berkshire Hathaway Homeservice
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
May 17, 2016
Sold by
Bought by

Purchase Details

Listed on
Jan 29, 2015
Closed on
Apr 7, 2015
Sold by
Bought by
Seller's Agent
Ron Walsh
Ron Walsh, Real Estate Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$72,900
Sold Price
$55,000
Premium/Discount to List
-$17,900
-24.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.94%

Purchase Details

Listed on
Jan 29, 2015
Closed on
Mar 23, 2015
Sold by
Bought by
Seller's Agent
Ron Walsh
Ron Walsh, Real Estate Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$72,900
Sold Price
$55,000
Premium/Discount to List
-$17,900
-24.55%

Purchase Details

Closed on
Sep 5, 2014
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 2007
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
$210,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
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
$40,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 24, 2004
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
$108,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
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
$108,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$450,000 Orange Coast Title
$100,000 Placer Title Company
-- None Available
-- None Available
$55,000 Fatco
$237,981 Accommodation
-- Landsafe Title Company
$190,000 Fidelity Title
-- Chicago Title
$120,000 Chicago 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
Open $13,663,200
Previous Owner $470,000
Previous Owner $111,650
Previous Owner $65,000
Previous Owner $210,000
Previous Owner $40,000
Previous Owner $160,000
Previous Owner $108,000
Previous Owner $22,000
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 Prior Sale
12/11/2024 12/11/24 Sold $200,000 -11.1% $136 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/14/2024 11/14/24 Price Changed $225,000 -10.0% $153 / Sq Ft
11/14/2024 11/14/24 Price Changed $250,000 -9.1% $170 / Sq Ft
10/03/2024 10/03/24 Price Changed $275,000 -8.3% $187 / Sq Ft
09/27/2024 09/27/24 Price Changed $300,000 -7.7% $204 / Sq Ft
09/12/2024 09/12/24 For Sale $325,000 +225.3% $221 / Sq Ft
08/29/2017 08/29/17 Sold $99,900 0.0% $68 / Sq Ft View Prior Sale
08/09/2017 08/09/17 For Sale $99,900 +81.6% $68 / Sq Ft
03/31/2015 03/31/15 Sold $55,000 -24.6% $37 / Sq Ft View Prior Sale
03/01/2015 03/01/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $72,900 -- $50 / Sq Ft
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
2026 $4,187 $238,680 $56,100 $182,580
2025 $4,187 $234,000 $55,000 $179,000
2024 $4,983 $111,549 $33,464 $78,085
2023 $2,657 $109,362 $32,808 $76,554
2022 $2,566 $107,218 $32,165 $75,053
2021 $2,377 $105,117 $31,535 $73,582
2020 $2,310 $104,040 $31,212 $72,828
2019 $2,269 $104,040 $31,212 $72,828
2018 $2,226 $100,000 $30,000 $70,000
2017 $1,708 $56,954 $20,711 $36,243
2016 $1,630 $55,838 $20,305 $35,533
2015 $1,948 $85,000 $20,000 $65,000
2014 $1,907 $85,000 $20,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202409316

Bakersfield Association of REALTORS® / GEMLS

APN: 120-100-05-00-9

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