NOT LISTED FOR SALE

Estimated Value: $711,626 - $841,000

3 Beds
3 Baths
4,690 Sq Ft
$161/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $479,000 $102 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,669/month

30 Days on Market

About This Home

As of June 2018

4 large units in South west Bakersfield. All units are 3 bedroom 2.5 bath. All units have one car garage and one parking space. All units have laundry hookups and large patio. Close to shopping and schools. All units rents $900 a month. Some tenants have been there 5 years.

Last Agent to Sell the Property

Issam Qassim

Real Property Realty License #01298019 Listed on: 04/19/2018

Last Buyer's Agent

Nick Olmos

Miramar International Calloway License #02034355

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.26 Acre Lot

Interior Spaces

  • 4,690 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 40324108

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $45,600
  • Net Operating Income $31,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.26 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1988
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4690.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Garage, Uncovered
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 11362.00
  • Parcel #: 40324108

Multi Family

  • Total Annual Expense: 12000.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Annual Gross Income: 45600.00
  • Property Net Operating Income: 31600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Apr 25, 2018
Sold by
Jenkins Adam S and Jenkins Amardeep K
Bought by
Jenkins Adam S
Seller's Agent
Issam Qassim
Real Property Realty
Buyer's Agent
Nick Olmos
Miramar International Calloway
List Price
$499,999
Sold Price
$479,000
Premium/Discount to List
-$20,999
-4.2%
Current Estimated Value
$754,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,407
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
May 29, 2013
Sold by
Kaur Amardeep and Jenkins Adam
Bought by
Kaur Amardeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Outstanding Balance
$167,087
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$587,320

Purchase Details

Closed on
Apr 27, 2011
Sold by
Ly Brian and Ly Abigail
Bought by
Kaur Amardeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2004
Sold by
Kane Gregory Lawrence and Kane Teresa Anne
Bought by
Ly Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,525
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Rashid Ahmad Asif Javaid and Rashid Ahmad Uzma
Bought by
Kane Gregory Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.79%

Purchase Details

Closed on
Jul 15, 1997
Sold by
Hargrove Garrard Lee and Hargrove Donna Kathleen
Bought by
Javaid Asif

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jenkins Adam S -- None Available
Jenkins Adam S -- None Available
Kaur Amardeep -- Lawyers Title Company
Kaur Amardeep $235,000 Ticor Title Company Of Ca
Ly Brian $425,000 Fidelity Title
Kane Gregory Lawrence $285,000 Fidelity Title
Javaid Asif $175,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaur Amardeep $234,000
Closed Kaur Amardeep $165,000
Previous Owner Ly Brian $265,525
Previous Owner Kane Gregory Lawrence $228,000
Previous Owner Javaid Asif $122,500
Closed Kane Gregory Lawrence $28,500
Closed Ly Brian $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $479,000 -4.2% $102 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $499,999 -- $107 / 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 $8,928 $545,015 $96,714 $448,301
2024 $8,928 $534,329 $94,818 $439,511
2023 $8,779 $523,853 $92,959 $430,894
2022 $8,415 $513,583 $91,137 $422,446
2021 $8,005 $503,513 $89,350 $414,163
2020 $7,829 $498,351 $88,434 $409,917
2019 $7,726 $498,351 $88,434 $409,917
2018 $4,860 $264,601 $33,777 $230,824
2017 $4,789 $259,414 $33,115 $226,299
2016 $4,540 $254,328 $32,466 $221,862
2015 $4,489 $250,509 $31,979 $218,530
2014 $4,376 $245,603 $31,353 $214,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21804810

Bakersfield Association of REALTORS® / GEMLS

APN: 403-241-08-00-8

Your Personal Tour Guide

Ask me questions while you tour the home.