NOT LISTED FOR SALE

Estimated Value: $502,000 - $607,000

6 Beds
5 Baths
2,550 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $290,000 $114 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,328/month

86 Days on Market

About This Home

As of July 2016

WOW, Great investment opportunity! Well maintained 3 unit townhouses in Southwest Bakersfield. Each unit has 2 bedrooms, 1 1/2 bath, private patio, extra storage space. Coin operated laundry on site. Property located in a quiet cul de sac, a few minutes to Valley Plaza mall and bus thoroughfare.

Last Agent to Sell the Property

Josephine Uy Magat

Uhler Mortgage Solutions Inc. License #01412475 Listed on: 03/18/2016

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 10,018

Parking

  • Carport
  • Uncovered Parking

Schools

  • Seibert Elementary School
  • Thompson Middle School
  • West High School

Additional Features

  • 2-Story Property
  • 10,018 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 4415128

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $25,200
  • Net Operating Income $18,408

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1976
  • Building Stories: 2
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Lot Size Sq Ft: 10018.00
  • Parcel #: 4415128

Multi Family

  • Total Annual Expense: 6792.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Annual Gross Income: 25200.00
  • Property Net Operating Income: 18408.00

MLS Schools

  • Elementary School: Seibert, Amy B.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jul 5, 2016
Sold by
Covarrubias Antonio
Bought by
Covarrubias Sandra
Seller's Agent
Josephine Uy Magat
Uhler Mortgage Solutions Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$295,000
Sold Price
$290,000
Premium/Discount to List
-$5,000
-1.69%
Current Estimated Value
$546,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,667
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
May 3, 2016
Sold by
Magat Delia
Bought by
Covarrubias Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2014
Sold by
Lozano Eduardo O and Lozano Teresita A
Bought by
Magat Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Yonan Sharil
Bought by
Lozano Eduardo O and Lozano Teresita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Chtchegoleva Anna
Bought by
Yonin Sharil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Grassotti Development Corp
Bought by
Yonan Sharil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.5%
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
Covarrubias Sandra -- Chicago Title Company
Covarrubias Sandra $290,000 Chicago Title Company
Magat Delia $250,000 Chicago Title Company
Lozano Eduardo O $318,000 Fidelity Title
Yonin Sharil -- Ticor Title
Yonan Sharil $185,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covarrubias Sandra $206,250
Previous Owner Magat Delia $200,000
Previous Owner Lozano Eduardo O $128,000
Previous Owner Yonan Sharil $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Sold $290,000 -1.7% $114 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $295,000 -- $116 / 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 $5,841 $336,563 $69,632 $266,931
2024 $5,738 $329,965 $68,267 $261,698
2023 $5,738 $323,496 $66,929 $256,567
2022 $5,496 $317,154 $65,617 $251,537
2021 $5,197 $310,936 $64,331 $246,605
2020 $5,071 $307,749 $63,672 $244,077
2019 $5,004 $307,749 $63,672 $244,077
2018 $4,799 $295,800 $61,200 $234,600
2017 $4,729 $290,000 $60,000 $230,000
2016 $4,113 $253,812 $60,915 $192,897
2015 $4,071 $250,000 $60,000 $190,000
2014 $5,284 $361,588 $90,963 $270,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21603361

Bakersfield Association of REALTORS® / GEMLS

APN: 441-151-28-00-8