NOT LISTED FOR SALE

Estimated Value: $832,000 - $998,000

10 Beds
8 Baths
4,208 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $585,000 $139 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,146/month

40 Days on Market

About This Home

As of June 2019

Investment Property Opportunity close to the new Amazon Distribution Facility! 4 units with attached garages. All units currently tenant occupied. 2/2 bath rents $875 mo. & 3b/2b rent $975 mo. Units feature microwave, dishwasher, gas range/oven, washer/dryer hook-ups, vaulted ceilings, patio areas,side yard and tile roof.

Last Agent to Sell the Property

Allyson Wanagitis

Bill Mell & Associates License #02035521 Listed on: 03/25/2019

Last Buyer's Agent

Adam Arriola

Miramar International-Riverwal License #01907559

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,670

Year Built

  • Built in 2006

Lot Details

  • 0.31 Acre Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 4,208 Sq Ft Home
  • 1-Story Property

Schools

  • Highland Elementary School
  • Standard Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 49148102

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $44,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,670

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2006
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4208.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 13504.00
  • Parcel #: 49148102

Multi Family

  • Total Annual Expense: 14000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 44000.00
  • Property Net Operating Income: 30000.00

MLS Schools

  • Elementary School: Highland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 20, 2019
Sold by
Wattenbarger Jason C and Wattenbarger Jayme D
Bought by
Mccullaugh Brown Gregory Laurence and Mccullaugh Brown Jennifer
Seller's Agent
Allyson Wanagitis
Bill Mell & Associates
Buyer's Agent
Adam Arriola
Miramar International-Riverwal
List Price
$610,000
Sold Price
$585,000
Premium/Discount to List
-$25,000
-4.1%
Total Days on Market
40
Current Estimated Value
$921,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,464
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Dec 18, 2006
Sold by
Sierra Madre Development Llc
Bought by
Wattenbarger Jason C and Wattenbarger Jayme D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2005
Sold by
Wattenbarger Jason C and Wattenbarger Jayme D
Bought by
Sierra Madre Llc
Source: Public Records

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Range of Values:

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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
Mccullaugh Brown Gregory Laurence $585,000 Chicago Title Bakersfield
Wattenbarger Jason C $415,000 Chicago Title Company
Sierra Madre Llc $345,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wattenbarger Jason C $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $585,000 -4.1% $139 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $610,000 -- $145 / 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
2024 $11,670 $639,780 $109,363 $530,417
2023 $11,670 $627,236 $107,219 $520,017
2022 $11,218 $614,938 $105,117 $509,821
2021 $10,830 $602,881 $103,056 $499,825
2020 $10,447 $596,700 $102,000 $494,700
2019 $9,587 $526,000 $105,000 $421,000
2018 $9,120 $505,000 $101,000 $404,000
2017 $9,190 $501,000 $100,000 $401,000
2016 $8,699 $520,000 $104,000 $416,000
2015 $6,816 $358,000 $54,000 $304,000
2014 $6,516 $336,500 $65,000 $271,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21903386

Bakersfield Association of REALTORS® / GEMLS

APN: 491-481-02-00-3