NOT LISTED FOR SALE
-- Beds
-- Baths
-- Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: September 23, 2015

Last sale price $520,000

91 Days on Market

About This Home

As of September 2015

Extremely rare opportunity to purchase a 6-plex built in 1986 located in the North Meadows neighborhood. The property consists of 3 - 3 bedroom units and 3 - 2 bedroom units. Each unit has a carport. The rents range from $650 - $825.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/25/2015

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.27

Parking

  • Carport
  • Uncovered Parking

Additional Features

  • 1-Story Property
  • 11,774 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 48311101

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $51,600
  • Net Operating Income $29,652

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0.27 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1986
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 11774.00
  • Parcel #: 48311101

Multi Family

  • Total Annual Expense: 20400.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 6
  • Annual Gross Income: 51600.00
  • Property Net Operating Income: 29652.00

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

Listed on
May 25, 2015
Closed on
Aug 4, 2015
Sold by
Orrick Court 4200 Llc
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$524,900
Sold Price
$520,000
Premium/Discount to List
-$4,900
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2005
Sold by
Tofa Farms Llllp
Bought by
Orrick Court 4200 Llc

Purchase Details

Closed on
Dec 23, 2004
Sold by
Martell Ronald W
Bought by
Tofa Farms Lllp

Purchase Details

Closed on
Oct 12, 2004
Sold by
Martell Ronald W and Martell Lonnie R
Bought by
Martell Ronald W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$520,000 Placer Title Company
Orrick Court 4200 Llc -- --
Tofa Farms Lllp $507,500 Chicago Title
Martell Ronald W -- --
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
Previous Owner $260,000
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
09/23/2015 09/23/15 Sold $520,000 -0.9% --
08/24/2015 08/24/15 Pending -- -- --
05/25/2015 05/25/15 For Sale $524,900 -- --
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
2026 $12,760 $627,878 $36,221 $591,657
2025 $12,362 $615,567 $35,511 $580,056
2024 $12,362 $603,498 $34,815 $568,683
2023 $11,926 $591,666 $34,133 $557,533
2022 $11,478 $580,065 $33,464 $546,601
2021 $11,020 $568,692 $32,808 $535,884
2020 $10,566 $562,862 $32,472 $530,390
2019 $10,441 $562,862 $32,472 $530,390
2018 $11,028 $541,008 $31,212 $509,796
2017 $10,788 $530,400 $30,600 $499,800
2016 $7,745 $520,000 $30,000 $490,000
2015 $5,775 $350,000 $40,000 $310,000
2014 $5,722 $350,000 $40,000 $310,000
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21505991

Bakersfield Association of REALTORS® / GEMLS
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