NOT LISTED FOR SALE

408 Stephens Dr Unit ABCD Bakersfield, CA 93304

Benton Park Neighborhood

Estimated Value: $547,000 - $625,000

8 Beds
4 Baths
3,660 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $311,000 $85 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,798/month

22 Days on Market

About This Home

As of May 2017

Beautiful 4plex near Valley Plaza Mall. This money making machine, could be a great investment. When fully occupied this rental collects $2860 every month with low maintenance..

Last Agent to Sell the Property

Carlos Chavez

Chavez and Associates License #01409906 Listed on: 03/14/2017

Last Buyer's Agent

Carlos Chavez

Chavez and Associates License #01409906 Listed on: 03/14/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,428

Year Built

  • Built in 1983

Lot Details

  • 8,756 Sq Ft Lot

Interior Spaces

  • 3,660 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Car Parking Spaces
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 14703115

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $34,320
  • Net Operating Income $30,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,428

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3660.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Uncovered, Other

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 8756.00
  • Parcel #: 14703115

Multi Family

  • Total Annual Expense: 3480.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 34320.00
  • Property Net Operating Income: 30840.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Madrid Jovanna L
Bought by
Madrid Rurik and Madrid Jovanna
Current Estimated Value
$597,175

Purchase Details

Listed on
Mar 14, 2017
Closed on
Apr 29, 2017
Sold by
Madrid Rurik A
Bought by
Madrid Jovanna L
Seller's Agent
Carlos Chavez
Chavez and Associates
Buyer's Agent
Carlos Chavez
Chavez and Associates
List Price
$310,000
Sold Price
$311,000
Premium/Discount to List
$1,000
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$233,250
Outstanding Balance
$194,664
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$402,511

Purchase Details

Closed on
Jul 8, 2013
Sold by
Williams William E and Williams Edith A
Bought by
Olivatum Vi Realty Llc

Purchase Details

Closed on
Aug 25, 2009
Sold by
Williams Gretchen M and Williams Orval
Bought by
Williams William E and Williams Edith A

Purchase Details

Closed on
Nov 19, 1998
Sold by
Williams Gretchen
Bought by
Williams Gretchen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1995
Sold by
Williams Gretchen
Bought by
Williams Gretchen M and Williams Orval
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
Madrid Rurik -- Fidelity National Title
Madrid Jovanna L -- First American Title Company
Madrid Jovanna L $311,000 First American Title Company
Olivatum Vi Realty Llc $205,500 Ticor Title Company Of Ca
Williams William E -- None Available
Williams Gretchen M -- Fidelity National Title Co
Williams Gretchen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrid Jovanna L $233,250
Previous Owner Williams Gretchen M $131,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $311,000 +0.3% $85 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $310,000 -- $85 / 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 $7,428 $360,934 $58,026 $302,908
2024 $7,428 $353,858 $56,889 $296,969
2023 $6,964 $346,921 $55,774 $291,147
2022 $6,548 $340,120 $54,681 $285,439
2021 $6,198 $333,452 $53,609 $279,843
2020 $6,023 $330,034 $53,060 $276,974
2019 $5,922 $330,034 $53,060 $276,974
2018 $5,756 $317,220 $51,000 $266,220
2017 $4,563 $216,526 $47,529 $168,997
2016 $4,291 $212,282 $46,598 $165,684
2015 $4,273 $209,095 $45,899 $163,196
2014 $4,408 $205,000 $45,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Carlos Chavez

    Chavez and Associates

    Section Image

  • T

    Buyer Co-Listing Agent in 2017

    Tomas Piedra

    Dream Home Realty

    (661) 717-5570

    6 in this area

    149 Total Sales

    Tomas Piedra
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21702974

Bakersfield Association of REALTORS® / GEMLS

APN: 147-031-15-00-0

California Kern County Bakersfield 93304 Benton Park

408 Stephens Dr Unit ABCD, Bakersfield, CA

This home is located at 408 Stephens Dr Unit ABCD, Bakersfield, CA 93304 since 14 March 2017 and is currently estimated at $597,175, approximately $163 per square foot. This property was built in 1983. 408 Stephens Dr Unit ABCD is a home located in Kern County with nearby schools including Evergreen Elementary School, Curran Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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