NOT LISTED FOR SALE

4201 Isla Verde St Unit A-D Bakersfield, CA 93301

Homaker Park Neighborhood

Estimated Value: $800,000 - $968,000

8 Beds
4 Baths
4,957 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $671,000 $135 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,611/month

About This Home

As of March 2021

These units are very RARE with so many different possibilities for an investor or owner occupant. Live in one and lease the other three or invest and enjoy the benefits of residual income from 4 paying tenants. Each unit has 3 bedrooms, with 1 full, 1 half, and 1 3/4 bath. All of them have garages with washer and dryer hookups too! All have fireplaces. Two units have patios with small yards and alarm systems. Minimal expenses and low maintenance. Seller has personally hand selected each tenant and vacancy is hardly an issue as when one of these comes up for lease, multiple applications are reviewed. Great corner location off West Columbus and Union. Close to San Dimas Medical, Memorial Hospital, shopping, restaurants and within walking distance to Garces High School. Take advantage of this wonderful opportunity to add to your portfolio! Definitely a property worth every investment penny!

Last Agent to Sell the Property

Ryan Haddad

Unknown Broker License #01459938 Listed on: 01/07/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,850

Year Built

  • Built in 1983

Lot Details

  • 0.27 Acre Lot

Interior Spaces

  • 4,957 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Schools

  • Hills Elementary School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11917139

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $49,680
  • Net Operating Income $36,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,850

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4957.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Garage, Uncovered
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: North

Lot Info

  • Lot Size Sq Ft: 11761.00
  • Parcel #: 11917139

Multi Family

  • Total Annual Expense: 13000.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 49680.00
  • Property Net Operating Income: 36680.00

MLS Schools

  • Elementary School: Hills, Stella

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 15, 2021
Sold by
May Harry and May Elizabeth
Bought by
Coastal Springs Llc
Seller's Agent
Ryan Haddad
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$600,000
Sold Price
$671,000
Premium/Discount to List
$71,000
11.83%
Current Estimated Value
$887,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,738
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Jun 6, 2002
Sold by
Oberholzer Richard J
Bought by
May Harry and May Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.6%
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
Coastal Springs Llc $671,000 Calatlantic Title
May Harry $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner May Harry $200,000
Closed May Harry $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2021 03/23/21 Sold $671,000 +11.8% $135 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $600,000 -- $121 / 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 $10,850 $726,309 $108,242 $618,067
2024 $10,850 $712,069 $106,120 $605,949
2023 $10,620 $698,108 $104,040 $594,068
2022 $10,377 $684,420 $102,000 $582,420
2021 $5,917 $334,489 $66,890 $267,599
2020 $5,781 $331,061 $66,205 $264,856
2019 $5,669 $331,061 $66,205 $264,856
2018 $5,546 $318,207 $63,635 $254,572
2017 $5,508 $311,969 $62,388 $249,581
2016 $5,106 $305,853 $61,165 $244,688
2015 $5,066 $301,260 $60,247 $241,013
2014 $4,421 $252,000 $63,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202100214

Bakersfield Association of REALTORS® / GEMLS

APN: 119-171-39-00-6