NOT LISTED FOR SALE

4109 Teal St Bakersfield, CA 93304

Wible Orchard Neighborhood
-- Bed
-- Bath
22,404 Sq Ft
2.04 Acres

Last Sold July 31, 2017

Last sale price $2,555,000 $114 Per Sq Ft

60 Days on Market

About This Home

As of July 2017

24 Unit Garden Style Apartments Community + 3 Duplexes within the same block. Long term owner units are 2 bedroom/ 1bath. Units in the duplexes are large 3 bedrooms, with garages and laundry hookups. Each unit in the duplex has a separate is looking at disposing of the entire portfolio. Located in quiet residential setting. The 24 APN. This is a value added portfolio, which has upside in the rents and through hands on management. The 24 unit building was built in 1984 and the duplexes were built in 1983.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/02/2017

Last Buyer's Agent

Marilou Ward

Unknown Broker License #01319186

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 2.04 Acre Lot

Interior Spaces

  • 22,404 Sq Ft Home
  • 2-Story Property

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 40512210

Community Details

Overview

  • 30 Units

Building Details

  • Gross Income $258,600
  • Net Operating Income $135,472

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1984
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 22404.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 89001.00
  • Parcel #: 40512210

Multi Family

  • Total Annual Expense: 111926.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 30
  • Annual Gross Income: 258600.00
  • Property Net Operating Income: 135472.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $2,555,000 -0.7% $114 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $2,574,000 -- $115 / 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 $29,374 $1,831,900 $329,967 $1,501,933
2024 $29,374 $1,795,982 $323,498 $1,472,484
2023 $28,679 $1,760,767 $317,155 $1,443,612
2022 $28,326 $1,726,243 $310,937 $1,415,306
2021 $26,804 $1,692,396 $304,841 $1,387,555
2020 $26,062 $1,675,044 $301,716 $1,373,328
2019 $25,748 $1,675,044 $301,716 $1,373,328
2018 $24,709 $1,610,000 $290,000 $1,320,000
2017 $22,154 $1,379,351 $137,934 $1,241,417
2016 $20,900 $1,352,306 $135,230 $1,217,076
2015 $20,613 $1,331,994 $133,199 $1,198,795
2014 $17,463 $1,055,888 $236,004 $819,884
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2017

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    1 in this area

    87 Total Sales

    Marc Thurston
    Section Image

  • M

    Buyer's Agent in 2017

    Marilou Ward

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21704933

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93304 Wible Orchard

4109 Teal St, Bakersfield, CA

Not Listed for Sale

MultiFamily

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