NOT LISTED FOR SALE
-- Beds
-- Baths
-- Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: July 30, 2012

Last sale price $310,000

53 Days on Market

About This Home

As of July 2012

Short Sale, which has received prior approval from the lender. - 9 unit bread and butter apartment community. 8 units are 2 bedroom / 1 bath units and 1 unit is a 1 bedroom / 1 bath. Rents range from $550 - $575. The 1 bedroom rents for $475. Covered parking + small laundry room. 1 unit is currently unrentable due to a plumbing issue with the main line that will need to be repaired.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/08/2012

Last Buyer's Agent

Walt Newport

Unknown Broker License #01842242

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.33

Parking

  • Carport
  • 6 Car Parking Spaces

Additional Features

  • 2-Story Property
  • 14,238 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 12524001

Community Details

Overview

  • 9 Units

Building Details

  • Gross Income $59,100
  • Net Operating Income $26,819

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.33 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1972
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: Short Sale

Garage/Parking

  • Parking: 6.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 14238.00
  • Parcel #: 12524001

Multi Family

  • Total Annual Expense: 28658.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 9
  • Annual Gross Income: 59100.00
  • Property Net Operating Income: 26819.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000,000
Outstanding Balance
$24,492,417
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2012
Closed on
Jul 26, 2012
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Walt Newport
Unknown Broker
List Price
$315,000
Sold Price
$310,000
Premium/Discount to List
-$5,000
-1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,930
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 10, 2005
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 12, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,750
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2001
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$886,500 Placer Title
$310,000 Placer Title Company
-- --
$400,000 Chicago Title
-- --
$128,000 Stewart Title Of Ca Inc
$200,000 American Title Co
$190,000 American Title Co
$51,000 First American Title Ins Co
$51,191 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $25,000,000
Previous Owner $386,250
Previous Owner $204,930
Previous Owner $300,000
Previous Owner $191,750
Previous Owner $123,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 For Rent $1,275 0.0% --
03/18/2023 03/18/23 Price Changed $1,275 0.0% $1 / Sq Ft
03/13/2023 03/13/23 For Rent $1,275 0.0% --
07/30/2012 07/30/12 Sold $310,000 -1.6% --
06/30/2012 06/30/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $315,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,514 $922,314 $119,646 $802,668
2025 $12,056 $904,230 $117,300 $786,930
2024 $12,056 $374,245 $42,249 $331,996
2023 $11,614 $366,908 $41,421 $325,487
2022 $10,926 $359,714 $40,609 $319,105
2021 $10,216 $352,662 $39,813 $312,849
2020 $9,909 $349,047 $39,405 $309,642
2019 $9,536 $349,047 $39,405 $309,642
2018 $10,721 $335,495 $37,876 $297,619
2017 $10,330 $328,918 $37,134 $291,784
2016 $5,546 $322,469 $36,406 $286,063
2015 $5,542 $317,627 $35,860 $281,767
2014 $5,379 $311,406 $35,158 $276,248
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21205016

Bakersfield Association of REALTORS® / GEMLS
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