NOT LISTED FOR SALE

Estimated Value: $578,108 - $794,000

9 Beds
8 Baths
4,769 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $430,000 $90 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,292/month

155 Days on Market

About This Home

As of March 2017

Great investment opportunity in desirable Southwest Bakersfield near shopping and commercial areas. All 4 units fully OCCUPIED, easy to rent with all units having 2 car garages and patio areas. Indoor laundry and separate family/living rooms. Money generating addition to your portfolio, buy and collect NOW!

Last Agent to Sell the Property

Garry Singh

Bluehorse Real Estate, Inc. License #01906671 Listed on: 09/06/2016

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,306

Year Built

  • Built in 1970

Lot Details

  • 0.29 Acre Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 4,769 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 14936008

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $42,000
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,306

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1970
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4769.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 12785.00
  • Parcel #: 14936008

Multi Family

  • Total Annual Expense: 10000.00
  • Vacancy Factor: 0.05
  • Number Of Units Total: 4
  • Annual Gross Income: 42000.00
  • Property Net Operating Income: 32000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2023
Sold by
Johnson Jonathan
Bought by
Lansing Properties Llc
Current Estimated Value
$660,767

Purchase Details

Closed on
Mar 16, 2022
Sold by
Jonathan Johnson
Bought by
Johnson Jonathan and Johnson Jaimy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2021
Sold by
Gatto Vincent A and Gatto Patricia A
Bought by
Johnson Jonathan Marquell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2016
Closed on
Feb 23, 2017
Sold by
Gill Tajinder S and Gill Mandeep K
Bought by
Gatto Vincent A and Gatto Patricia A
Seller's Agent
Garry Singh
Bluehorse Real Estate, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$460,000
Sold Price
$430,000
Premium/Discount to List
-$30,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Dec 29, 2006
Sold by
Ramirez Maria Dejesus
Bought by
Gill Tajinder S and Gill Mandeep K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2004
Sold by
Christiansen Nis
Bought by
Ramirez Maria 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
$400,000
Interest Rate
6.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 29, 2001
Sold by
Pahm Peter N and Pham Nancy B
Bought by
Christiansen Nis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
7.04%
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
Lansing Properties Llc -- --
Johnson Jonathan $247 Chicago Title
Johnson Jonathan Marquell $455,000 First American Title Company
Gatto Vincent A $430,000 Chicago Title Company
Gill Tajinder S $525,000 Fidelity National Title Co
Ramirez Maria De Jesus $500,000 First American Title
Christiansen Nis $192,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Jonathan $450,000
Previous Owner Johnson Jonathan Marquell $100
Previous Owner Gill Tajinder S $393,750
Previous Owner Ramirez Maria De Jesus $400,000
Previous Owner Christiansen Nis $163,200
Closed Ramirez Maria De Jesus $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2017 03/10/17 Sold $430,000 -6.5% $90 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
09/06/2016 09/06/16 For Sale $460,000 -- $96 / 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 $8,306 $492,504 $108,242 $384,262
2024 $8,306 $482,848 $106,120 $376,728
2023 $8,163 $473,382 $104,040 $369,342
2022 $7,712 $455,000 $100,000 $355,000
2021 $7,491 $461,044 $80,414 $380,630
2020 $7,491 $456,318 $79,590 $376,728
2019 $7,222 $456,318 $79,590 $376,728
2018 $6,921 $438,600 $76,500 $362,100
2017 $5,987 $360,000 $72,000 $288,000
2016 $5,726 $360,000 $72,000 $288,000
2015 $5,706 $358,000 $54,000 $304,000
2014 $4,764 $280,000 $35,000 $245,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21610625

Bakersfield Association of REALTORS® / GEMLS

APN: 149-360-08-00-3