NOT LISTED FOR SALE

Estimated Value: $393,192 - $502,000

7 Beds
3 Baths
2,974 Sq Ft
$148/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $365,000 $123 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,703/month

24 Days on Market

Highlights

  • 1-Story Property
  • Cesar E. Chavez High School Rated A-
  • 4-minute walk to Jefferson Park

About This Home

As of April 2022

Great investment opportunity near downtown Delano! All units are currently rented. Total of 3 units. 1 unit is 3 bed 2 bath and 2 units are 2 bed 1 bath. Individual parking the rear of complex with carport. Seller is also selling 425 Main Street.

Last Agent to Sell the Property

William Sill

Sill Realty Group License #01925147 Listed on: 02/11/2022

Last Buyer's Agent

William Sill

Sill Realty Group License #01925147 Listed on: 02/11/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Carport

Interior Spaces

  • 2,974 Sq Ft Home
  • 1-Story Property

Schools

  • Del Vista Elementary School
  • Cecil Avenue Middle School
  • Cesar Chavez High School

Listing and Financial Details

  • Assessor Parcel Number 03721202

Community Details

Overview

  • 3 Units
  • Southern Addition Subdivision

Building Details

  • Gross Income $27,840
  • Net Operating Income $15,963

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1975
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2974.00

Exterior Features

  • Disclosures: Call Listing Agent, None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Cesar Chavez
  • Middle Or Junior School: Cecil Avenue

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 03721202

Multi Family

  • Total Annual Expense: 7902.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 3
  • Annual Gross Income: 27840.00
  • Property Net Operating Income: 15963.30

MLS Schools

  • Elementary School: Del Vista

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 31, 2022
Sold by
Viking Holdings Llc
Bought by
Doors Rent Llc
Seller's Agent
William Sill
Sill Realty Group
Buyer's Agent
William Sill
Sill Realty Group
List Price
$340,000
Sold Price
$365,000
Premium/Discount to List
$25,000
7.35%
Current Estimated Value
$440,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,798
Avg. Annual Appreciation
5.12%
Original Mortgage
$273,500
Outstanding Balance
$258,011
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$182,787

Purchase Details

Closed on
Jul 27, 2018
Sold by
Olivera Ramon and Olivera Martha
Bought by
Viking Holdings Llc

Purchase Details

Closed on
Sep 26, 2008
Sold by
Olivera Ramon
Bought by
Olivera Ramon and Olivera Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Hernandez Celina and Velasquez Laura
Bought by
Olivera Ramon and Olivera Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Interest Rate
7.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 22, 1996
Sold by
Exchange Ahmad Basher & Dba Pacific Land
Bought by
Hernandez Celina and Velasquez Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
8.11%
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
Doors Rent Llc $365,000 First American Title
Viking Holdings Llc $315,000 Ticor Title Co
Olivera Ramon -- Ticor Title Company
Olivera Ramon -- Ticor Title Company
Olivera Ramon $268,000 Stewart Title Of California
Hernandez Celina $124,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doors Rent Llc $273,500
Previous Owner Olivera Ramon $216,000
Previous Owner Olivera Ramon $214,200
Previous Owner Hernandez Celina $99,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2022 04/06/22 Sold $365,000 +7.4% $123 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $340,000 +7.9% $114 / Sq Ft
09/28/2018 09/28/18 Sold $315,000 -7.1% $106 / Sq Ft View Prior Sale
08/29/2018 08/29/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $339,000 -- $114 / 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 $4,774 $387,340 $63,672 $323,668
2024 $4,637 $379,746 $62,424 $317,322
2023 $4,637 $372,300 $61,200 $311,100
2022 $4,177 $331,119 $63,070 $268,049
2021 $3,975 $324,628 $61,834 $262,794
2020 $3,955 $321,300 $61,200 $260,100
2019 $3,888 $321,300 $61,200 $260,100
2018 $3,038 $240,000 $50,000 $190,000
2017 $3,030 $233,000 $30,000 $203,000
2016 $2,989 $229,000 $30,000 $199,000
2015 $3,131 $229,000 $57,000 $172,000
2014 $2,911 $223,050 $40,000 $183,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202201306

Bakersfield Association of REALTORS® / GEMLS

APN: 037-212-02-00-9