NOT LISTED FOR SALE

Estimated Value: $339,099 - $425,000

3 Beds
2 Baths
2,155 Sq Ft
$173/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $195,000 $90 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,261/month

10 Days on Market

About This Home

As of April 2019

Priced attractively for a new owner/investor to acquire. Solid income performer with upside potential. Current leases are month-to-month and below market. This duplex has been a reliable income producer. Maintained by a property management company since 2014.

Last Agent to Sell the Property

Chrystle Hanson

LRS Realty & Management, Inc, License #02031544 Listed on: 02/20/2019

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 2,155 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 01907216

Community Details

Overview

  • 2 Units
  • Sunset Subdivision

Building Details

  • Gross Income $23,340
  • Net Operating Income $14,524

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2005
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2155.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 01907216

Multi Family

  • Total Annual Expense: 8832.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 23340.00
  • Property Net Operating Income: 14524.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2019
Closed on
Mar 7, 2019
Sold by
Corson Brian
Bought by
Sotelo Carlos
Seller's Agent
Chrystle Hanson
LRS Realty & Management, Inc,
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$196,500
Sold Price
$195,000
Premium/Discount to List
-$1,500
-0.76%
Current Estimated Value
$372,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,775
Avg. Annual Appreciation
10.01%
Original Mortgage
$146,250
Outstanding Balance
$128,317
Interest Rate
4.3%
Estimated Equity
$244,458

Purchase Details

Listed on
May 24, 2012
Closed on
Dec 6, 2012
Sold by
Jle Holdings Llc
Bought by
Corson Brian
Seller's Agent
Esther Ambriz
Capstone Real Estate
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$117,900
Sold Price
$108,000
Premium/Discount to List
-$9,900
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$75,600
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
The Bank Of New York Mellon
Bought by
Jle Holdings Llc

Purchase Details

Closed on
Oct 9, 2009
Sold by
Rodriguez Tiburcio
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 29, 2005
Sold by
Ceja Gilberto V and Ceja Veronica B
Bought by
Rodriguez Tiburcio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2005
Sold by
Fambrough Development Inc
Bought by
Ceja Gilberto V and Ceja Veronica B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Sotelo Carlos $195,000 Chicago Title Barkersfield
Corson Brian $108,000 First American Title Company
Jle Holdings Llc $50,000 Landsafe Title
The Bank Of New York Mellon $42,500 Landsafe Title
Rodriguez Tiburcio $270,000 First American Title
Ceja Gilberto V $235,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sotelo Carlos $146,250
Previous Owner Corson Brian $75,600
Previous Owner Rodriguez Tiburcio $216,000
Previous Owner Ceja Gilberto V $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2019 04/01/19 Sold $195,000 -0.8% $90 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
02/20/2019 02/20/19 For Sale $196,500 +81.9% $91 / Sq Ft
12/06/2012 12/06/12 Sold $108,000 -8.4% $50 / Sq Ft View Prior Sale
11/06/2012 11/06/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $117,900 -- $55 / 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 $3,746 $217,519 $44,617 $172,902
2024 $3,660 $213,255 $43,743 $169,512
2023 $3,660 $209,075 $42,886 $166,189
2022 $3,561 $204,977 $42,046 $162,931
2021 $3,363 $200,959 $41,222 $159,737
2020 $3,295 $198,900 $40,800 $158,100
2019 $2,316 $121,599 $22,516 $99,083
2018 $2,267 $116,880 $21,643 $95,237
2017 $2,250 $114,589 $21,219 $93,370
2016 $2,101 $112,343 $20,803 $91,540
2015 $2,081 $110,656 $20,491 $90,165
2014 $2,016 $108,489 $20,090 $88,399
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21902061

Bakersfield Association of REALTORS® / GEMLS

APN: 019-072-16-00-8