NOT LISTED FOR SALE

Estimated Value: $165,000 - $642,243

3 Beds
3 Baths
1,431 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $1,785,000 $1,247 Per Sq Ft

Current estimated payment $2,087/month

175 Days on Market

About This Home

As of April 2015

3600 Ashe is a 33 unit condominium complex located in SW Bakersfield. Now 21 units are for sale as a package deal. All units have 3 bedrooms, 2.5 baths, formal dining, formal living room, fireplace, additional loft area, private patio, balcony, washer and dryer hookup, with attached two car garage. Town home style. Very spacious unit and each unit has approx 1432 sf living area. Other amenities include gated pool and spa. Monthly HOA fee is $161/month. Great investment potential.

Last Agent to Sell the Property

Babby Kurian

Bakersfield Realty Group License #01323690 Listed on: 10/01/2014

Last Buyer's Agent

Lorie Weinroth

Unknown Broker License #01359965

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 1,292 Sq Ft Lot

Parking

  • 21 Car Garage

Interior Spaces

  • 1,431 Sq Ft Home
  • 2-Story Property

Schools

  • Castle Elementary School
  • Actis Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 38441033

Community Details

Overview

  • 21 Units

Building Details

  • Gross Income $253,584
  • Net Operating Income $180,396

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

1,292 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1982
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 1431.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 44.00
  • Parking Features: Garage
  • Garages: 21

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Lot Size Sq Ft: 1292.00
  • Parcel #: 38441033

Multi Family

  • Total Annual Expense: 73188.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 21
  • Annual Gross Income: 253584.00
  • Property Net Operating Income: 180396.00

MLS Schools

  • Elementary School: Castle, C. H.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
3600 Ashe Llc
Bought by
Interstate 2010 1 Fund Llc
Current Estimated Value
$366,311

Purchase Details

Listed on
Oct 1, 2014
Closed on
Apr 7, 2015
Sold by
East West Capital Funding Group Llc
Bought by
3600 Ashe Llc
Seller's Agent
Babby Kurian
Bakersfield Realty Group
Buyer's Agent
Lorie Weinroth
Unknown Broker
List Price
$1,911,000
Sold Price
$1,785,000
Premium/Discount to List
-$126,000
-6.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.62%

Purchase Details

Closed on
Jul 23, 2010
Sold by
The Bank Of New York Mellon
Bought by
East West Capital Funding Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,050
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2010
Sold by
Yakub Andrew X
Bought by
The Bank Of New York Mellon and Chl Mortgage Pass Through Trust 2007-Hyb

Purchase Details

Closed on
Nov 13, 2006
Sold by
Ismail Mike
Bought by
Loan America Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2006
Sold by
Loan America Corp
Bought by
Yakub Andrew X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2006
Sold by
Ismail Christina P
Bought by
Ismail Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2006
Sold by
Ismail Mike and Naffa Diana
Bought by
Ismail Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2005
Sold by
Ismail Mike
Bought by
Ismail Mike and Naffa Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2005
Sold by
Maino Townhouses Llc
Bought by
Ismail Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2005
Sold by
Ismail Christina P
Bought by
Ismail Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Interstate 2010 1 Fund Llc $98,251 Orange Coast Title
3600 Ashe Llc $1,785,000 Fidelity Natl Title
East West Capital Funding Group Llc $60,000 Landsafe Title
The Bank Of New York Mellon $56,250 Landsafe Title
Loan America Corp -- First American Title Company
Yakub Andrew X $285,000 First American Title Company
Ismail Mike -- Stewart Title Of Ca Inc Kern
Ismail Mike $1,100,000 Stewart Title Of Ca Inc
Ismail Mike -- Stewart Title
Ismail Mike $4,300,000 Stewart Title
Ismail Mike -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner East West Capital Funding Group Llc $39,050
Previous Owner Loan America Corp $150,000
Previous Owner Yakub Andrew X $228,000
Previous Owner Ismail Mike $800,000
Previous Owner Ismail Mike $2,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2015 04/24/15 Sold $1,785,000 -6.6% $1,247 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
10/01/2014 10/01/14 For Sale $1,911,000 -- $1,335 / 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 $2,397 $147,638 $21,871 $125,767
2024 $2,357 $144,744 $21,443 $123,301
2023 $2,357 $141,907 $21,023 $120,884
2022 $2,260 $139,125 $20,611 $118,514
2021 $2,154 $136,398 $20,207 $116,191
2020 $2,108 $135,000 $20,000 $115,000
2019 $1,581 $93,406 $10,988 $82,418
2018 $1,500 $89,780 $10,562 $79,218
2017 $1,478 $88,020 $10,355 $77,665
2016 $1,394 $86,295 $10,152 $76,143
2015 $1,141 $63,959 $10,659 $53,300
2014 -- $60,000 $15,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21410523

Bakersfield Association of REALTORS® / GEMLS

APN: 384-410-33-00-4

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