NOT LISTED FOR SALE
-- Bed
-- Bath
588 Sq Ft
0.35 Acres

Last Sold April 10, 2012

Last sale price $300,000 $510 Per Sq Ft

26 Days on Market

Highlights

  • 15,262 Sq Ft lot
  • Central Air
  • 1-Story Property

About This Home

As of April 2012

Oleander area bread and butter building. This traditional 6 unit apartment building is located adjacent to St. Francis elementary school. All of the units are 2 bedroom with 1 bath units. The property features covered parking and laundry room. 5 units rent for $625 and 1 unit rents for $600. The seller will finance with 25% down, 7% interest amortized over 30 years all due and payable in 5 years.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 03/15/2012

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 03/15/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 0.35

Interior Spaces

  • 588 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 6 Car Parking Spaces

Additional Features

  • 0.35 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00730207

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $43,200
  • Net Operating Income $23,582

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1939
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 588.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC

Lot Info

  • Lot Size Sq Ft: 15262.00
  • Parcel #: 00730207

Multi Family

  • Total Annual Expense: 18322.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 6
  • Annual Gross Income: 43200.00
  • Property Net Operating Income: 23582.00

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2012 04/10/12 Sold $300,000 -3.2% $510 / Sq Ft
03/15/2012 03/15/12 For Sale $310,000 -- $527 / 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 $6,288 $376,803 $75,357 $301,446
2024 $6,288 $369,416 $73,880 $295,536
2023 $6,132 $362,174 $72,432 $289,742
2022 $5,975 $355,073 $71,012 $284,061
2021 $5,644 $348,112 $69,620 $278,492
2020 $5,530 $344,544 $68,907 $275,637
2019 $5,446 $344,544 $68,907 $275,637
2018 $5,343 $331,167 $66,232 $264,935
2017 $5,330 $324,675 $64,934 $259,741
2016 $4,926 $318,310 $63,661 $254,649
2015 $4,899 $313,529 $62,705 $250,824
2014 $4,758 $307,388 $61,477 $245,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21202932

Bakersfield Association of REALTORS® / GEMLS