NOT LISTED FOR SALE

Estimated Value: $252,719 - $421,000

8 Beds
4 Baths
3,400 Sq Ft
$98/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $370,000 $109 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,377/month

94 Days on Market

About This Home

As of January 2024

Excellent affordable investment OPPORTUNITY! Located just outside of Bakersfield. This property is a fourplex. All four units are townhomes which feature 2 bedrooms and 1 bath upstairs and the kitchen and living room downstairs so that the bedrooms have privacy. Ripe for the picking for the seasoned investor or first time investor. Great income producer with total rents currently at $2825 per month with potential market rents that cashflow at $3500 per month! All the units have washer and dryer hook-ups and central heat and air conditioning and private rear patios! Two of the units have been recently remodeled and a new roof installed in 2021. These units are walking distance to schools and shopping. This property sits on a large lot with R-3 zoning and parking spots are located on-site. Call me to get additional information on this great income property.

Last Agent to Sell the Property

Jose Gutierrez

Unknown Broker License #01470141 Listed on: 08/29/2023

Unknown Broker

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,776

Year Built

  • Built in 1982

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property

Schools

  • Jefferson Taft Elementary School
  • Lincoln Middle School
  • Taft High School

Listing and Financial Details

  • Assessor Parcel Number 19926029

Community Details

Overview

  • 4 Units
  • 6215 Ph A Subdivision

Building Details

  • Gross Income $33,900
  • Net Operating Income $30,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,776

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1982
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3400.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Taft
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 9583.00
  • Parcel #: 19926029

Multi Family

  • Total Annual Expense: 3040.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 33900.00
  • Property Net Operating Income: 30860.00

MLS Schools

  • Elementary School: Jefferson_Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Jan 26, 2024
Sold by
Madha Yacoob M and Madha Sandra
Bought by
Arroyo Marilu
Seller's Agent
Jose Gutierrez
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%
Views
53
Current Estimated Value
$333,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,820
Avg. Annual Appreciation
-7.23%
Original Mortgage
$277,500
Outstanding Balance
$275,276
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$53,371

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jan 22, 2020
Sold by
Dynamic Realty Solutions Llc
Bought by
Madha Yacoob M and Madha Sandra
Seller's Agent
Karla Salazar
Capitol Real Estate Group, Inc
Buyer's Agent
Karla Salazar
Capitol Real Estate Group, Inc
List Price
$199,900
Sold Price
$165,000
Premium/Discount to List
-$34,900
-17.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.62%

Purchase Details

Closed on
Aug 4, 2009
Sold by
Silveria Frank G
Bought by
Dynamic Realty Solutions Llc

Purchase Details

Closed on
Dec 13, 2005
Sold by
Gima Lincoln M and Pandya Rachna B
Bought by
Silveria Frank G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2005
Sold by
Gima Ketan M and Pandya Rachna B
Bought by
Gima Lincoln M and Gima Ketan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Gima Dawn
Bought by
Gima Lincoln M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Gima Dawn
Bought by
Gima Lincoln M

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
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Scott Perry C and Fox Dennis C
Bought by
Gima Ketan M and Pandya Rachna B

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
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Scott Perry C
Bought by
Scott Perry C and Fox Dennis C

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
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2002
Sold by
Citibank Na
Bought by
Scott Perry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,400
Interest Rate
6.71%

Purchase Details

Closed on
Mar 6, 2002
Sold by
Campos Alvin Ronald
Bought by
Citibank Na

Purchase Details

Closed on
Jun 26, 2000
Sold by
Garcia Esequiel M
Bought by
Campos Alvin Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
8.13%
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
Arroyo Marilu $370,000 Fidelity National Title Compan
Arroyo Marilu -- Fidelity National Title Compan
Madha Yacoob M $165,000 First American Title Company
Dynamic Realty Solutions Llc -- None Available
Silveria Frank G $260,000 Alliance Title
Gima Lincoln M -- Financial Title Company
Gima Lincoln M -- Financial Title Company
Gima Lincoln M -- Chicago Title
Gima Ketan M $160,000 Chicago Title
Scott Perry C -- Chicago Title
Scott Perry C $56,000 Commonwealth Land Title Co
Citibank Na $32,000 --
Campos Alvin Ronald $105,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Marilu $277,500
Previous Owner Dynamic Realty Solutions Llc $2,000,000
Previous Owner Dynamic Realty Solutions Llc $1,500,000
Previous Owner Silveria Frank G $195,000
Previous Owner Gima Lincoln M $187,500
Previous Owner Gima Lincoln M $187,500
Previous Owner Gima Ketan M $128,000
Previous Owner Scott Perry C $40,400
Previous Owner Campos Alvin Ronald $73,500
Closed Campos Alvin Ronald $26,250
Closed Scott Perry C $10,000
Closed Gima Ketan M $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $370,000 -4.9% $109 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/30/2023 11/30/23 For Sale $389,000 +5.1% $114 / Sq Ft
11/26/2023 11/26/23 Off Market $370,000 -- --
10/04/2023 10/04/23 Price Changed $389,000 -2.5% $114 / Sq Ft
08/29/2023 08/29/23 For Sale $399,000 +141.8% $117 / Sq Ft
02/14/2020 02/14/20 Sold $165,000 -17.5% $49 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $199,900 -- $59 / 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 $6,776 $377,400 $96,900 $280,500
2024 $6,776 $176,910 $10,721 $166,189
2023 $6,018 $173,442 $10,511 $162,931
2022 $5,348 $170,042 $10,305 $159,737
2021 $4,959 $166,708 $10,103 $156,605
2020 $3,094 $39,648 $11,798 $27,850
2019 $3,021 $39,648 $11,798 $27,850
2018 $2,903 $38,110 $11,341 $26,769
2017 $2,885 $37,364 $11,119 $26,245
2016 $2,810 $36,632 $10,901 $25,731
2015 $2,666 $36,083 $10,738 $25,345
2014 $2,529 $35,377 $10,528 $24,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202309130

Bakersfield Association of REALTORS® / GEMLS

APN: 199-260-29-00-0