NOT LISTED FOR SALE

Estimated Value: $259,426 - $289,000

2 Beds
1 Bath
1,396 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $159,000 $114 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,884/month

70 Days on Market

About This Home

As of July 2020

Great Oildale Duplex, Fresh exterior paint, front unit has had complete remodel, both units have private enclosed patios, and a large shared backyard. Long term tenants on MTM leases. Tenants pay all utilities except water.

Last Agent to Sell the Property

Jason Neiss

Unknown Broker License #01922401 Listed on: 03/24/2020

Last Buyer's Agent

Benny Villarreal

LPT Realty, Inc. License #01739550

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1965

Lot Details

  • 5,000

Home Design

  • Duplex

Parking

  • 2 Car Parking Spaces
  • Uncovered Parking

Schools

  • Wingland Elementary School
  • Standard Middle School
  • North High School

Additional Features

  • 1-Story Property
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 11311206

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $15,600
  • Net Operating Income $12,064

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,886

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 5000.00
  • Parcel #: 11311206

Multi Family

  • Total Annual Expense: 3535.56
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.00
  • Property Net Operating Income: 12064.44

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Padilla Mario and Padilla Maria R
Bought by
Mario Padilla And Maria R Padilla Revocable L and Padilla
Current Estimated Value
$284,813

Purchase Details

Listed on
Mar 24, 2020
Closed on
Jun 9, 2020
Sold by
Ideat Property Holdings Llc
Bought by
Padilla Mario and Padilla Maria R
Seller's Agent
Jason Neiss
Unknown Broker
Buyer's Agent
Benny Villarreal
LPT Realty, Inc.
List Price
$169,500
Sold Price
$159,000
Premium/Discount to List
-$10,500
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$119,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2019
Sold by
Brighton Real Estate Group Llc
Bought by
Ideal Property Holdings Llc

Purchase Details

Closed on
Apr 23, 2018
Sold by
Neiss Jason
Bought by
Brighton Real Estate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2016
Sold by
Clark Michal C and The Ben Clark 2005 Trust
Bought by
Brighton Real Estate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 2005
Sold by
Clark Ben
Bought by
Clark Ben and The Ben Clark 2005 Trust
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
Mario Padilla And Maria R Padilla Revocable L -- None Listed On Document
Padilla Mario $159,000 Ticor Title Company
Ideal Property Holdings Llc -- None Available
Brighton Real Estate Group Llc -- Lawyers Title Burbank
Neiss Jason -- Lawyers Title
Brighton Real Estate Group Llc $75,000 Ticor Title Company
Clark Ben -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Padilla Mario $119,250
Previous Owner Neiss Jason $93,100
Previous Owner Brighton Real Estate Group Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $159,000 -6.2% $114 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $169,500 -- $121 / 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 $3,886 $172,104 $32,472 $139,632
2024 $3,745 $168,731 $31,836 $136,895
2023 $3,745 $165,423 $31,212 $134,211
2022 $3,541 $162,180 $30,600 $131,580
2021 $3,365 $159,000 $30,000 $129,000
2020 $2,486 $97,797 $31,212 $66,585
2019 $2,454 $97,797 $31,212 $66,585
2018 $2,167 $78,030 $26,010 $52,020
2017 $2,136 $76,500 $25,500 $51,000
2016 $2,015 $75,000 $25,000 $50,000
2015 $1,657 $44,577 $7,971 $36,606
2014 $1,627 $43,704 $7,815 $35,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202003228

Bakersfield Association of REALTORS® / GEMLS

APN: 113-112-06-00-7