NOT LISTED FOR SALE

Estimated Value: $290,000 - $361,000

4 Beds
2 Baths
1,520 Sq Ft
$219/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $283,000 $186 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,133/month

57 Days on Market

About This Home

As of August 2021

Calling all investors to take a look at these 4 units!! The 4 units consists of 2 duplex's on 1 lot. Each unit is 1 bed room 1 bathroom on the back duplex. For the front duplex, each unit is a studio with 1 bathroom. Gross rents are $550, $500, $550 and $ $575 for a total monthly gross rent of $2,175. Bakersfield only has about a 1.5% vacancy rate and now is the time to be an investor.

Last Agent to Sell the Property

Tim McCrary

Stockdale Real Estate Group License #01428355 Listed on: 05/14/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,441 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property

Schools

  • Hills Elementary School
  • Beardsley Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 12006023

Community Details

Overview

  • 4 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $26,100
  • Net Operating Income $20,436

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

6,441 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1947
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1520.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 6441.00
  • Parcel #: 12006023

Multi Family

  • Total Annual Expense: 5664.00
  • Vacancy Factor: 1.50
  • Number Of Units Total: 4
  • Annual Gross Income: 26100.00
  • Property Net Operating Income: 20436.00

MLS Schools

  • Elementary School: Hills, Stella

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Morrow Mary
Bought by
Rams Group Trust and Singleton
Current Estimated Value
$333,611
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rams Group Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2021 08/09/21 Sold $283,000 -0.7% $186 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $285,000 +97.9% $188 / Sq Ft
12/24/2015 12/24/15 Sold $144,000 0.0% $95 / Sq Ft View Prior Sale
11/24/2015 11/24/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $144,000 -- $95 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $4,530 $337,620 $61,200 $276,420
2024 $4,530 $175,000 $60,000 $115,000
2023 $5,790 $288,660 $61,200 $227,460
2022 $5,613 $283,000 $60,000 $223,000
2021 $3,796 $157,482 $38,276 $119,206
2020 $3,664 $155,868 $37,884 $117,984
2019 $3,595 $155,868 $37,884 $117,984
2018 $3,525 $149,817 $36,414 $113,403
2017 $3,493 $146,880 $35,700 $111,180
2016 $3,297 $144,000 $35,000 $109,000
2015 $2,195 $48,000 $7,000 $41,000
2014 $2,387 $70,000 $25,000 $45,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202105171

Bakersfield Association of REALTORS® / GEMLS

APN: 120-060-23-00-0

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