NOT LISTED FOR SALE

409 Stephens Dr Bakersfield, CA 93304

Benton Park Neighborhood
-- Bed
-- Bath
1,418 Sq Ft
0.53 Acre Lot

Sale Details

Date Sold: August 22, 2014

Last sale price $767,500 $541 Per Sq Ft

16 Days on Market

About This Home

As of August 2014

15 unit apartment complex. All units are 2 bedroom, 1 bath. Some of the units have been updated with granite counter tops, fresh paint and new tile. Some long term tenants. Owner is very motivated. Please do not disturb tenants. Drive by only.

Last Agent to Sell the Property

Carlos Padilla

Watson Realty License #01487576 Listed on: 07/07/2014

Co-Listed By

Pete Peralta

Miramar Realty License #1307225

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 22,878 Sq Ft Lot

Parking

  • Carport

Interior Spaces

  • 1,418 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 14703216

Community Details

Overview

  • 15 Units

Building Details

  • Gross Income $118,200
  • Net Operating Income $75,290

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.53 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1980
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Co List Office Mls Id: 6105
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 1418.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 22878.00
  • Parcel #: 14703216

Multi Family

  • Total Annual Expense: 37000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 15
  • Annual Gross Income: 118200.00
  • Property Net Operating Income: 75290.00

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
Feb 6, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2015
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
$6,164,250
Interest Rate
0.0376%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 7, 2014
Closed on
Aug 8, 2014
Sold by
Bought by
Seller's Agent
Carlos Padilla
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$800,000
Sold Price
$767,500
Premium/Discount to List
-$32,500
-4.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,500
Interest Rate
0.041%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 13, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 2010
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
$500,000
Interest Rate
0.0433%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Pacific Coast Title Co
-- Commonwealth Land Title Co
$767,500 Placer Title
-- Chicago Title Company
$675,000 Chicago Title Company
-- None Available
-- None Available
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
Closed $5,000,000
Closed $8,223,800
Closed $6,164,250
Closed $6,164,250
Closed $767,500
Closed $500,000
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
08/22/2014 08/22/14 Sold $767,500 -4.1% $541 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $800,000 -- $564 / Sq Ft
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
2025 $22,279 $922,407 $114,168 $808,239
2024 $22,279 $904,322 $111,930 $792,392
2023 $20,655 $886,591 $109,736 $776,855
2022 $19,559 $869,208 $107,585 $761,623
2021 $18,442 $852,166 $105,476 $746,690
2020 $17,845 $843,429 $104,395 $739,034
2019 $17,569 $843,429 $104,395 $739,034
2018 $19,472 $810,681 $100,343 $710,338
2017 $18,914 $794,786 $98,376 $696,410
2016 $12,149 $779,203 $96,448 $682,755
2015 $12,082 $767,500 $95,000 $672,500
2014 $11,993 $691,625 $51,231 $640,394
Source: Public Records

Agents Affiliated with this Home

  • Carlos Padilla

    Seller's Agent in 2014

    Carlos Padilla

    Watson Realty

    (661) 859-5762

    2 in this area

    167 Total Sales

    Carlos Padilla
    Section Image
  • Pete Peralta

    Seller Co-Listing Agent in 2014

    Pete Peralta

    Miramar Realty

    (661) 805-1053

    2 in this area

    119 Total Sales

    Pete Peralta
    Section Image

  • N

    Buyer's Agent in 2014

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21407161

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93304 Benton Park

409 Stephens Dr, Bakersfield, CA

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.
Copyright Golden Empire MLS, Inc. 2026.

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