NOT LISTED FOR SALE

408 1/2 San Emidio St Taft, CA 93268

Estimated Value: $171,344 - $262,000

4 Beds
1 Bath
1,096 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $175,000 $160 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,396/month

7 Days on Market

Highlights

  • Heated Floors
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of July 2024

This duplex is a great investment opportunity.Make this one your own and create future wealth!Live in one and rent the other. Both units are 2 Bedrooms / 1 Bathroom with separate utility meters . One of the units has RV parking area and has potential for ADU too. Good area close to shopping and schools . Please do not disturb tenants .

Last Agent to Sell the Property

Ronika Nand

Real Estate eBroker, Inc. License #02049136 Listed on: 04/29/2024

Real Estate eBroker, Inc.

Last Buyer's Agent

Ronika Nand

Real Estate eBroker, Inc. License #02049136 Listed on: 04/29/2024

Real Estate eBroker, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1922

Lot Details

  • 5,227

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Parking

  • Carport
  • Uncovered Parking

Schools

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

Additional Features

  • 5,227 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 03133025

Community Details

Overview

  • 2 Units
  • Southern Pacific Land Cos 04 Subdivision

Building Details

  • Gross Income $18,192
  • Net Operating Income $16,192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,871

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1922
  • Building Stories: 1
  • Deposit Amount Required: 2000.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1200
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1096.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Evaporative, Floor/Wall Heater

Schools

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

Lot Info

  • Zoning Description: Duplex
  • Lot Size Sq Ft: 5227.00
  • Parcel #: 03133025

Multi Family

  • Total Annual Expense: 2000.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 18192.00
  • Property Net Operating Income: 16192.00

MLS Schools

  • Elementary School: Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jun 4, 2024
Sold by
Mk Investment Group Inc
Bought by
Salazar Tomas Orlando
Seller's Agent
Ronika Nand
Real Estate eBroker, Inc.
Buyer's Agent
Ronika Nand
Real Estate eBroker, Inc.
List Price
$175,000
Sold Price
$175,000
Views
8
Current Estimated Value
$204,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,586
Avg. Annual Appreciation
12.46%
Original Mortgage
$120,000
Outstanding Balance
$118,469
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$86,117
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
Salazar Tomas Orlando $175,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Tomas Orlando $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $175,000 0.0% $160 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/29/2024 04/29/24 For Sale $175,000 -- $160 / 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 $3,871 $175,000 $45,000 $130,000
2024 $3,544 $107,174 $27,340 $79,834
2023 $3,544 $105,073 $26,804 $78,269
2022 $3,287 $103,014 $26,279 $76,735
2021 $3,016 $100,995 $25,764 $75,231
2020 $2,631 $99,960 $25,500 $74,460
2019 $2,611 $99,960 $25,500 $74,460
2018 $1,671 $17,273 $8,007 $9,266
2017 $1,663 $16,935 $7,850 $9,085
2016 $1,603 $16,604 $7,697 $8,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404131

Bakersfield Association of REALTORS® / GEMLS

APN: 031-330-25-00-5