NOT LISTED FOR SALE

Estimated Value: $251,000 - $376,000

2 Beds
1 Bath
1,568 Sq Ft
$196/Sq Ft Est. Value

Last Sold January 14, 2019

Last sale price $146,000 $93 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,869/month

190 Days on Market

About This Home

As of January 2019

Attention INVESTORS! An incredible opportunity for anyone looking to build their CASH-FLOW portfolio. Newly painted duplex with each unit having 2 bedrooms and 1 full bath. Incredible long-term tenants resulting in extremely 0% vacancy!! Front tenant has been with the property for 17 years while the rear tenant has resided for 24 years!! Property includes covered parking for 3 cars with an extended driveway for additional vehicles if necessary. The front landscaping flowers were planted by the tenants, and there is even a back-yard area which occupants can use as a dog run. Easy access to Hwy 58 with plenty of shopping and restaurants nearby.

Last Agent to Sell the Property

Ryan Haddad

Unknown Broker License #01459938 Listed on: 06/08/2018

Last Buyer's Agent

Lupe Sanchez

Royal Flush Real Estate License #01468914

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,971

Home Design

  • Duplex

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 3 Car Parking Spaces

Schools

  • Garza Elementary School
  • Sierra Middle School
  • Foothill High School

Additional Features

  • 6,971 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 13512115

Community Details

Overview

  • 2 Units
  • Kern Mesa Gardens Subdivision

Building Details

  • Gross Income $13,800
  • Net Operating Income $10,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1968
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1568.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 3.00
  • Parking Features: Carport

Utilities

  • Heatcool: Evaporative

Schools

  • High School: Foothill
  • Middle Or Junior School: Sierra

Lot Info

  • Lot Size Sq Ft: 6971.00
  • Parcel #: 13512115

Multi Family

  • Total Annual Expense: 3450.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Annual Gross Income: 13800.00
  • Property Net Operating Income: 10350.00

MLS Schools

  • Elementary School: Garza, Ramon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Dec 12, 2018
Sold by
Kern County Real Estate Inc
Bought by
Bautista Miguel Dejesus
Seller's Agent
Ryan Haddad
Unknown Broker
Buyer's Agent
Lupe Sanchez
Royal Flush Real Estate
List Price
$146,000
Sold Price
$146,000
Current Estimated Value
$306,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,702
Avg. Annual Appreciation
11.14%
Original Mortgage
$109,500
Outstanding Balance
$96,472
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$210,230

Purchase Details

Closed on
Nov 15, 2013
Sold by
Bell Donna M
Bought by
Kern County Real Estate Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.08%
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
Bautista Miguel Dejesus $146,000 North American Title Co
Kern County Real Estate Inc $85,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bautista Miguel Dejesus $109,500
Previous Owner Kern County Real Estate Inc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2019 01/14/19 Sold $146,000 0.0% $93 / Sq Ft
12/15/2018 12/15/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $146,000 -- $93 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $3,290 $162,859 $39,040 $123,819
2024 $3,290 $159,667 $38,275 $121,392
2023 $3,178 $156,537 $37,525 $119,012
2022 $2,973 $153,469 $36,790 $116,679
2021 $2,797 $150,461 $36,069 $114,392
2020 $2,698 $148,920 $35,700 $113,220
2019 $2,052 $95,270 $33,624 $61,646
2018 $1,990 $91,572 $32,319 $59,253
2017 $2,046 $89,778 $31,686 $58,092
2016 $1,944 $88,018 $31,065 $56,953
2015 $1,940 $86,697 $30,599 $56,098
2014 $1,892 $85,000 $30,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21807086

Bakersfield Association of REALTORS® / GEMLS

APN: 135-121-15-00-9