NOT LISTED FOR SALE

3721 M St Bakersfield, CA 93301

Homaker Park Neighborhood

Estimated Value: $310,000 - $369,000

6 Beds
4 Baths
2,174 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 16, 2012

Last sale price $116,000 $53 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $2,041/month

66 Days on Market

About This Home

As of May 2012

Check out this downtown money maker. This duplex features two 3 bedroom 2 bath handicap accessible units. Both units are in good condition. The property is only 6 years old so the cost of maintenance is very low. Property is in excellent condition but seller will not entertain FHA offers at this time.

Last Agent to Sell the Property

robert savage

GFS Development Corporation License #01454127 Listed on: 02/10/2012

Last Buyer's Agent

Camille Hill

Unknown Broker License #01449344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 2006

Lot Details

  • 5,810 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 2,174 Sq Ft Home
  • 1-Story Property

Schools

  • Hills Elementary School
  • Emerson Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 12014003

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,680
  • Net Operating Income $12,882

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 2006

Lot Details

0

Listing Details

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

Interior Features

  • Living Area: 2174.00

Exterior Features

  • Disclosures: Corp. Owned

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 5810.00
  • Parcel #: 12014003

Multi Family

  • Total Annual Expense: 3798.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Annual Gross Income: 16680.00
  • Property Net Operating Income: 12882.00

MLS Schools

  • Elementary School: Hills, Stella

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2014
Sold by
Rocha Francisco and Rocha Luz A
Bought by
Francisco & Luz A Rocha Living Trust
Current Estimated Value
$340,535

Purchase Details

Listed on
Feb 10, 2012
Closed on
Jun 5, 2012
Sold by
Rocha Francisco
Bought by
Rocha Francisco and Rocha Luz Araceli
Seller's Agent
robert savage
GFS Development Corporation
Buyer's Agent
Camille Hill
Unknown Broker
List Price
$120,000
Sold Price
$116,000
Premium/Discount to List
-$4,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$86,250
Outstanding Balance
$60,193
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$278,072

Purchase Details

Listed on
Feb 10, 2012
Closed on
May 8, 2012
Sold by
Rocha Luz A
Bought by
Rocha Francisco
Seller's Agent
robert savage
GFS Development Corporation
Buyer's Agent
Camille Hill
Unknown Broker
List Price
$120,000
Sold Price
$116,000
Premium/Discount to List
-$4,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Outstanding Balance
$60,193
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$278,072

Purchase Details

Listed on
Feb 10, 2012
Closed on
Apr 9, 2012
Sold by
Bakersfield Properties Group Llc
Bought by
Rocha Francisco
Seller's Agent
robert savage
GFS Development Corporation
Buyer's Agent
Camille Hill
Unknown Broker
List Price
$120,000
Sold Price
$116,000
Premium/Discount to List
-$4,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Outstanding Balance
$60,193
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$278,072

Purchase Details

Closed on
Dec 20, 2009
Sold by
Gupta Roshan and Gupta Sheela
Bought by
Bakersfield Properties Group Llc

Purchase Details

Closed on
Dec 19, 2009
Sold by
Gupta Roshan and Gupta Sheela
Bought by
Gupta Roshan and Gupta Sheela

Purchase Details

Closed on
Sep 14, 2009
Sold by
Federal National Mortgage Association
Bought by
Gupta Roshan

Purchase Details

Closed on
Jul 29, 2008
Sold by
Indymac Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 16, 2008
Sold by
Roches Lucas Alvin
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Dec 19, 2006
Sold by
Value Properties Inc
Bought by
Roches Lucas Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.1%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 20, 2006
Sold by
Viken Enterprise
Bought by
Value Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2005
Sold by
Galloway Rachel and Spousta Vaclav
Bought by
Viken Enterprise and Ayala Holdings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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
Francisco & Luz A Rocha Living Trust -- None Available
Rocha Francisco -- None Available
Rocha Francisco -- None Available
Rocha Francisco -- Chicago Title Company
Rocha Francisco $117,000 Chicago Title Company
Bakersfield Properties Group Llc -- None Available
Gupta Roshan $76,000 None Available
Gupta Roshan $82,500 Lsi Title Agency
Federal National Mortgage Association -- Accommodation
Indymac Bank Fsb $309,759 North American Title Co
Roches Lucas Alvin $365,000 Stewart Title Of Ca Inc
Value Properties Inc $107,500 Ticor Title Company Of Ca
Viken Enterprise $82,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocha Francisco $86,250
Previous Owner Roches Lucas Alvin $292,000
Previous Owner Value Properties Inc $253,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2012 05/16/12 Sold $116,000 -3.3% $53 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $120,000 -- $55 / 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 $2,917 $145,689 $25,114 $120,575
2024 $2,845 $142,833 $24,622 $118,211
2023 $2,845 $140,034 $24,140 $115,894
2022 $2,758 $137,289 $23,667 $113,622
2021 $2,568 $134,598 $23,203 $111,395
2020 $2,501 $133,219 $22,966 $110,253
2019 $2,453 $133,219 $22,966 $110,253
2018 $2,402 $128,048 $22,075 $105,973
2017 $2,384 $125,539 $21,643 $103,896
2016 $2,221 $123,078 $21,219 $101,859
2015 $2,201 $121,230 $20,901 $100,329
2014 $2,132 $118,856 $20,492 $98,364
Source: Public Records

Agents Affiliated with this Home

  • r

    Seller's Agent in 2012

    robert savage

    GFS Development Corporation

    (661) 204-6066

    54 Total Sales

    robert savage
    Section Image

  • C

    Buyer's Agent in 2012

    Camille Hill

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21201628

Bakersfield Association of REALTORS® / GEMLS

APN: 120-140-03-00-5

California Kern County Bakersfield 93301 Homaker Park

3721 M St, Bakersfield, CA

This home is located at 3721 M St, Bakersfield, CA 93301 since 10 February 2012 and is currently estimated at $340,535, approximately $156 per square foot. This property was built in 2006. 3721 M St is a home located in Kern County with nearby schools including Stella I. Hills Elementary School, Emerson Middle School, and North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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