NOT LISTED FOR SALE

Estimated Value: $249,000 - $323,000

2 Beds
1 Bath
1,566 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $220,000 $140 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,999/month

60 Days on Market

About This Home

As of May 2021

Duplex for sale in mint condition ready to generate income for a savvy investor. 100% occupied, both units offer 2 bedrooms, 1 Bathroom, appliances, indoor laundry area and small landscaped yard in front and back of the units.

Last Agent to Sell the Property

Benny Villarreal

LPT Realty, Inc. License #01739550 Listed on: 02/02/2021

Last Buyer's Agent

Benny Villarreal

LPT Realty, Inc. License #01739550 Listed on: 02/02/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1985

Lot Details

  • 6,313 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 4 Car Parking Spaces

Schools

  • Downtown Elementary School
  • Emerson Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 12015009

Community Details

Overview

  • 2 Units
  • Northern Div Subdivision

Building Details

  • Gross Income $19,080
  • Net Operating Income $14,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,984

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1985
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1566.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6313.00
  • Parcel #: 12015009

Multi Family

  • Total Annual Expense: 4200.00
  • Vacancy Factor: 0.05
  • Number Of Units Total: 2
  • Annual Gross Income: 19080.00
  • Property Net Operating Income: 14880.00

MLS Schools

  • Elementary School: Downtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Apr 7, 2021
Sold by
Clark Jimmy L
Bought by
Lopez Miguel
Seller's Agent
Benny Villarreal
LPT Realty, Inc.
Buyer's Agent
Benny Villarreal
LPT Realty, Inc.
List Price
$219,900
Sold Price
$220,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$304,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,431
Avg. Annual Appreciation
7.78%
Original Mortgage
$216,015
Outstanding Balance
$195,878
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$107,061

Purchase Details

Closed on
Jul 9, 2019
Sold by
Hurtado Franz and Hurtado Lizzette
Bought by
Clark Jimmy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2016
Sold by
Shellcross Glenn L
Bought by
Hurtado Franz and Hurtado Lizzette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2006
Sold by
Shellcross Ellen Joann
Bought by
Shellcross Glenn L and Glenn & Ellen Joann Shellcross Family Tr

Purchase Details

Closed on
Jul 29, 2004
Sold by
Picco Danny Charles
Bought by
Shellcross Glenn L and Shellcross Ellen Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
1.62%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lopez Miguel $220,000 Chicago Title Company
Clark Jimmy L $175,000 Chicago Title Bakersfield
Hurtado Franz $136,500 Ticor Title Company
Shellcross Glenn L -- Ticor Title Company
Shellcross Glenn L -- Public
Shellcross Glenn L $150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Miguel $216,015
Previous Owner Clark Jimmy L $131,250
Previous Owner Hurtado Franz $101,250
Previous Owner Shellcross Glenn L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $220,000 0.0% $140 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $219,900 -- $140 / 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
2025 $3,984 $238,133 $43,296 $194,837
2024 $3,894 $233,465 $42,448 $191,017
2023 $3,894 $228,888 $41,616 $187,272
2022 $3,792 $224,400 $40,800 $183,600
2021 $3,074 $176,812 $40,414 $136,398
2020 $3,006 $175,000 $40,000 $135,000
2019 $2,591 $144,854 $37,142 $107,712
2018 $2,536 $139,230 $35,700 $103,530
2017 $2,194 $110,000 $25,000 $85,000
2016 $2,074 $110,000 $25,000 $85,000
2015 $1,734 $80,000 $25,000 $55,000
2014 $1,698 $80,000 $25,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202101152

Bakersfield Association of REALTORS® / GEMLS

APN: 120-150-09-00-6