NOT LISTED FOR SALE

408 Adams St Taft, CA 93268

Estimated Value: $152,000 - $398,000

8 Beds
4 Baths
3,400 Sq Ft
$87/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $190,000 $56 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,132/month

157 Days on Market

About This Home

As of December 2019

Investment opportunity!! Four units renting for $600 each for a total of $2400 per month.

Last Agent to Sell the Property

Aaron Ataide Soriano

Unknown Broker License #02000277 Listed on: 06/19/2019

Unknown Broker

Last Buyer's Agent

Aaron Ataide Soriano

Unknown Broker License #02000277 Listed on: 06/19/2019

Unknown Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 0.25

Parking

  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 10,890 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 19920023

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

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

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC

Lot Info

  • Lot Size Sq Ft: 10890.00
  • Parcel #: 19920023

Multi Family

  • Total Annual Expense: 6000.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 22800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2025
Sold by
Soriano Garcia J and Soriano Aaron Ataide
Bought by
Soriano Aaron Ataide
Current Estimated Value
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
8.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 5, 2019
Sold by
Garcia Claudia Teresa
Bought by
Garcia J De Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2019
Sold by
Preciado Joel and Preciado Antonia
Bought by
Soriano Garcia J and Soriano Aaron Ataide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
Sanchez Bertha
Bought by
Preciado Joel and Preciado Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
8.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 23, 2002
Sold by
Citibank Na
Bought by
Sanchez Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,264
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2002
Sold by
Havier Linda
Bought by
Citibank Na

Purchase Details

Closed on
May 1, 2000
Sold by
Havier Clayton
Bought by
Havier Linda

Purchase Details

Closed on
Feb 27, 2000
Sold by
Garcia Esequiel M
Bought by
Havier Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,965
Interest Rate
8.25%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Garcia Esequiel M
Bought by
Garcia Esequiel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.82%

Purchase Details

Closed on
Mar 31, 1996
Sold by
California Federal Bank
Bought by
Cazacus Jim and Cazacus Georgie

Purchase Details

Closed on
Nov 27, 1995
Sold by
Campbell Lorin C and Campbell Christina A
Bought by
California Federal Bank and California Fsla
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Soriano Aaron Ataide $148,000 None Listed On Document
Garcia J De Jesus -- Chicago Title Company
Soriano Aaron Ataide -- Chicago Title Company
Soriano Garcia J $190,000 Chicago Title Company
Preciado Joel $238,000 Chicago Title Company
Sanchez Bertha $45,500 First American Title
Citibank Na $48,000 First American Title Co
Havier Linda -- First American Title Co
Havier Linda $100,000 First American Title Co
Garcia Esequiel M $40,000 Fidelity National Title Co
Cazacus Jim $23,500 First American Title Co
California Federal Bank $63,790 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soriano Aaron Ataide $296,000
Previous Owner Garcia J De Jesus $142,500
Previous Owner Preciado Joel $190,400
Previous Owner Sanchez Bertha $48,264
Previous Owner Havier Linda $69,965
Previous Owner Garcia Esequiel M $36,000
Closed Havier Linda $24,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2019 12/23/19 Sold $190,000 -5.0% $56 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
06/19/2019 06/19/19 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 $7,090 $207,789 $10,935 $196,854
2024 $7,090 $203,716 $10,721 $192,995
2023 $6,319 $199,722 $10,511 $189,211
2022 $5,645 $195,806 $10,305 $185,501
2021 $5,264 $191,967 $10,103 $181,864
2020 $4,839 $190,000 $10,000 $180,000
2019 $3,048 $41,972 $12,489 $29,483
2018 $2,929 $40,344 $12,005 $28,339
2017 $2,910 $39,554 $11,770 $27,784
2016 $2,837 $38,780 $11,540 $27,240
2015 $2,690 $38,198 $11,367 $26,831
2014 $2,312 $15,621 $4,649 $10,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21907216

Bakersfield Association of REALTORS® / GEMLS

APN: 199-260-23-00-2