NOT LISTED FOR SALE

Estimated Value: $491,376 - $722,000

8 Beds
6 Baths
3,840 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $240,000 $62 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,837/month

160 Days on Market

About This Home

As of November 2014

Great location near shopping and restaurants. Easy access to freeway 99.

Last Agent to Sell the Property

Arely Kuehl

Right Here Realty Inc License #01447827 Listed on: 05/08/2014

Last Buyer's Agent

Miguel A. Hernandez

Diamond Realty Group License #01904653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,746

Year Built

  • Built in 1970

Lot Details

  • 6,611 Sq Ft Lot

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property

Parking

  • Carport
  • 4 Car Parking Spaces

Schools

  • Stine Elementary School
  • Thompson Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 44017117

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $32,100
  • Net Operating Income $27,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,746

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1970
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3840.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6611.00
  • Parcel #: 44017117

Multi Family

  • Total Annual Expense: 4200.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 32100.00
  • Property Net Operating Income: 27900.00

MLS Schools

  • Elementary School: Stine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Oct 22, 2014
Sold by
Schwartz Neil E
Bought by
Oribaba Llc
Seller's Agent
Arely Kuehl
Right Here Realty Inc
Buyer's Agent
Miguel A. Hernandez
Diamond Realty Group
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Current Estimated Value
$601,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,094
Avg. Annual Appreciation
8.78%

Purchase Details

Listed on
Jul 1, 2011
Closed on
Dec 15, 2011
Sold by
Fung Otto
Bought by
Schwartz Neil E
Seller's Agent
Arely Kuehl
Right Here Realty Inc
Buyer's Agent
Arely Kuehl
Right Here Realty Inc
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.06%
Original Mortgage
$98,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2006
Sold by
Fung Doris
Bought by
Fung Otto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 31, 2006
Sold by
Kreutzer Delores Louise and Delores Louise Kreutzer Living
Bought by
Fung Otto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 10, 1994
Sold by
Kreutzer Delores Louise
Bought by
Kreutzer Delores Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
7.15%
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
Oribaba Llc $240,000 Placer Title
Schwartz Neil E $140,000 First American Title Company
Fung Otto -- Alliance Title Company
Fung Otto $530,000 Alliance Title Company
Kreutzer Delores Louise -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Itdrp Llc $223,000
Previous Owner Schwartz Neil E $81,160
Previous Owner Schwartz Neil E $98,000
Previous Owner Fung Otto $106,000
Previous Owner Fung Otto $371,000
Previous Owner Kreutzer Delores Louise $123,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2014 11/14/14 Sold $240,000 -7.7% $63 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $259,900 +85.6% $68 / Sq Ft
01/18/2012 01/18/12 Sold $140,000 -6.6% $36 / Sq Ft
12/19/2011 12/19/11 Pending -- -- --
07/01/2011 07/01/11 For Sale $149,900 -- $39 / 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 $6,746 $360,897 $82,021 $278,876
2024 $6,746 $353,821 $80,413 $273,408
2023 $6,619 $346,885 $78,837 $268,048
2022 $6,334 $340,085 $77,292 $262,793
2021 $5,946 $333,418 $75,777 $257,641
2020 $4,982 $263,743 $43,956 $219,787
2019 $4,913 $263,743 $43,956 $219,787
2018 $4,729 $253,503 $42,250 $211,253
2017 $4,660 $248,533 $41,422 $207,111
2016 $4,420 $243,660 $40,610 $203,050
2015 $5,383 $240,000 $40,000 $200,000
2014 $3,223 $143,447 $20,492 $122,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21404986

Bakersfield Association of REALTORS® / GEMLS

APN: 440-171-17-00-5