NOT LISTED FOR SALE

Estimated Value: $538,000 - $650,000

8 Beds
1 Bath
3,069 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $490,000 $160 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,868/month

25 Days on Market

About This Home

As of March 2023

Great investment property with long term tenants each unit has 2 bedroom 1 bath, 1 car garage and laundry hook ups, near shopping and restaurants centrally located please drive by only do not disturb tenants

Last Agent to Sell the Property

Lee Balgeman

Miramar International Calloway License #01451605 Listed on: 01/10/2023

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,511

Year Built

  • Built in 1969

Lot Details

  • 7,405

Parking

  • 4 Car Garage

Interior Spaces

  • 3,069 Sq Ft Home
  • 2-Story Property

Schools

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

Additional Features

  • 7,405 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 44017215

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $37,320
  • Net Operating Income $31,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,511

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1969
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3069.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 44017215

Multi Family

  • Total Annual Expense: 6000.00
  • Vacancy Factor: 0.05
  • Number Of Units Total: 4
  • Annual Gross Income: 37320.00
  • Property Net Operating Income: 31320.00

MLS Schools

  • Elementary School: Stine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Apr 11, 2023
Sold by
Huston Diana and Huston John J
Bought by
John La Rock Properties Llc
Seller's Agent
Lee Balgeman
Miramar International Calloway
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$576,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,960
Avg. Annual Appreciation
9.45%

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 7, 2023
Sold by
Mclaughlin Family Trust
Bought by
Huston Diana and Larock John J
Seller's Agent
Lee Balgeman
Miramar International Calloway
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2022
Sold by
Mclaughlin and Hillary
Bought by
Mclaughlin Family Trust

Purchase Details

Closed on
Jan 25, 2016
Sold by
Elekes Csaba C
Bought by
Mclaughlin Roger and Mclaughlin Hillary

Purchase Details

Closed on
Oct 8, 2013
Sold by
Justus Lonn and Justus Colette
Bought by
Elekes Csaba C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2005
Sold by
Justus Lonn E and Justus Colette
Bought by
Justus Lonn and Justus Colette

Purchase Details

Closed on
Apr 4, 1994
Sold by
Saunders E W
Bought by
Justus Lonn E and Justus Colette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.3%
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
John La Rock Properties Llc -- None Listed On Document
Huston Diana $490,000 Chicago Title
Mclaughlin Family Trust -- None Listed On Document
Mclaughlin Roger $293,000 First American Title Company
Elekes Csaba C $275,000 First American Title Company
Justus Lonn -- --
Justus Lonn E $150,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huston Diana $265,000
Previous Owner Mclaughlin Roger $198,000
Previous Owner Elekes Csaba C $206,250
Previous Owner Elekes Csaba C $206,250
Previous Owner Justus Lonn $109,650
Previous Owner Justus Lonn E $126,500
Previous Owner Justus Lonn E $120,000
Closed Justus Lonn E $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $490,000 -2.0% $160 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $500,000 -- $163 / 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 $8,511 $509,796 $130,050 $379,746
2024 $8,511 $499,800 $127,500 $372,300
2023 $6,454 $333,379 $56,889 $276,490
2022 $6,175 $326,843 $55,774 $271,069
2021 $5,789 $320,435 $54,681 $265,754
2020 $5,789 $317,151 $54,121 $263,030
2019 $5,554 $317,151 $54,121 $263,030
2018 $5,337 $304,837 $52,020 $252,817
2017 $5,259 $298,860 $51,000 $247,860
2016 $4,882 $284,770 $31,065 $253,705
2015 $4,828 $280,494 $30,599 $249,895
2014 $3,399 $159,000 $35,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202300278

Bakersfield Association of REALTORS® / GEMLS

APN: 440-172-15-00-6