NOT LISTED FOR SALE

Estimated Value: $532,807 - $658,000

8 Beds
4 Baths
3,024 Sq Ft
$194/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $445,000 $147 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,842/month

47 Days on Market

About This Home

As of September 2021

3813 Soranno - This fourplex is located in SW Bakersfield. Built in 1968, this building consists of 2 2-bedroom / 1 bath units, 1 3-bedroom/1bath and 1 - 2-bedroom/1 bath with a den. There is a small laundry room, 2 1-car garages and 2 carports. Current rents range from $700-$900 for an Annual Gross Scheduled income of $38,040. There is immediate upside potential in rents on 3 of the units.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 06/18/2021

Last Buyer's Agent

Luis Escamilla

Singh Properties License #01157879

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,066

Year Built

  • Built in 1968

Lot Details

  • 7,359 Sq Ft Lot

Interior Spaces

  • 3,024 Sq Ft Home
  • 2-Story Property

Parking

  • Carport
  • Uncovered Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 44017207

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $38,040
  • Net Operating Income $22,099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,066

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1968
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3024.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, 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: 7359.00
  • Parcel #: 44017207

Multi Family

  • Total Annual Expense: 14800.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Annual Gross Income: 38040.00
  • Property Net Operating Income: 22099.00

MLS Schools

  • Elementary School: Stine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 30, 2021
Sold by
Virk Sahab Singh
Bought by
Virk Amarjit Kaur
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Luis Escamilla
Singh Properties
List Price
$439,750
Sold Price
$445,000
Premium/Discount to List
$5,250
1.19%
Current Estimated Value
$578,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,923
Avg. Annual Appreciation
6.78%
Original Mortgage
$255,000
Outstanding Balance
$232,707
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$343,087

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 4, 2021
Sold by
Virk Sahab Singh
Bought by
Virk Amarjit Kaur
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Luis Escamilla
Singh Properties
List Price
$439,750
Sold Price
$445,000
Premium/Discount to List
$5,250
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$232,707
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$343,087

Purchase Details

Closed on
Jul 2, 2021
Sold by
Saba Realty Llc
Bought by
Virk Amarjit Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$232,707
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$343,087

Purchase Details

Closed on
Oct 21, 2016
Sold by
Alariki Morad and Alkarimi Yasmeen M
Bought by
Saba Realtyllc

Purchase Details

Closed on
Aug 11, 2011
Sold by
Delgadillo Properties Inc
Bought by
Alariki Morad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2011
Sold by
U S Bank National Association
Bought by
Delgadillo Properties Inc

Purchase Details

Closed on
May 13, 2010
Sold by
Smith Suzy S
Bought by
Us Bank National Association and Lxs 2007-16N Trust Fund

Purchase Details

Closed on
Jun 18, 2007
Sold by
Woo George
Bought by
Smith Suzy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2007
Sold by
Smith Damon Jay
Bought by
Smith Suzy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Sold by
Dearmond Norma
Bought by
Hardshell Investments Inc

Purchase Details

Closed on
Apr 17, 2007
Sold by
Hardshell Investments Inc
Bought by
Woo George

Purchase Details

Closed on
Aug 15, 2002
Sold by
Dearmond Michael T
Bought by
Dearmond Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,050
Interest Rate
6.37%

Purchase Details

Closed on
Aug 14, 2002
Sold by
Vaughn Roger W
Bought by
Dearmond Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,050
Interest Rate
6.37%
Source: Public Records

Range of Values:

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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
Virk Amarjit Kaur -- Placer Title
Virk Amarjit Kaur -- Placer Title Company
Virk Amarjit Kaur $445,000 Placer Title
Saba Realtyllc -- None Available
Alariki Morad -- None Available
Alariki Morad $157,000 Chicago Title Company
Delgadillo Properties Inc $139,000 Landsafe Title
Us Bank National Association $144,000 None Available
Smith Suzy S $575,000 Old Republic Title Company
Smith Suzy S -- Old Republic Title Company
Hardshell Investments Inc $395,000 Fidelity National Title Co
Woo George $464,000 Fidelity National Title Co
Dearmond Norma -- Stewart Title Of Ca Inc
Dearmond Norma $195,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virk Amarjit Kaur $255,000
Closed Virk Amarjit Kaur $255,000
Previous Owner Virk Amarjit Kaur $255,000
Previous Owner Alariki Morad $111,750
Previous Owner Smith Suzy S $431,250
Previous Owner Dearmond Norma $260,000
Previous Owner Dearmond Norma $195,000
Previous Owner Dearmond Norma $154,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $445,000 +1.2% $147 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $439,750 -- $145 / 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 $8,066 $472,236 $106,120 $366,116
2024 $8,066 $462,978 $104,040 $358,938
2023 $7,925 $453,900 $102,000 $351,900
2022 $7,592 $445,000 $100,000 $345,000
2021 $4,115 $182,175 $23,203 $158,972
2020 $3,969 $180,308 $22,966 $157,342
2019 $3,913 $180,308 $22,966 $157,342
2018 $3,779 $173,308 $22,075 $151,233
2017 $3,724 $169,911 $21,643 $148,268
2016 $3,556 $166,580 $21,219 $145,361
2015 $3,510 $164,079 $20,901 $143,178
2014 $3,420 $160,866 $20,492 $140,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202106168

Bakersfield Association of REALTORS® / GEMLS

APN: 440-172-07-00-3