NOT LISTED FOR SALE
3 Beds
2 Baths
4,531 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: November 14, 2019

Last sale price $537,855 $119 Per Sq Ft

12 Days on Market

About This Home

As of November 2019

Park West Villas. Beautiful 4 plex priced attractively in the desirable south west Bakersfield 93309 zip code. Features all single level units, tile roofs, professionally managed with full occupancy. What a gem. Built with higher level of design and appeal than most typical apartments. They were originally intended to be condos. 2 car garage. End units have nice stucco-walled patio areas. All units have indoor washer/dryer hookups, security front doors and direct access to their garages.Bakersfield has experienced strong rent growth in the last 24 months, and these rents can easily be increased 10% to reach market rates!

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 10/03/2019

Keller Williams Realty

Last Buyer's Agent

Lupe Sanchez

Royal Flush Real Estate License #01468914

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 14,530 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 4,531 Sq Ft Home
  • 1-Story Property

Schools

  • Sandrini Elementary School
  • Thompson Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 40324104

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $43,608
  • Net Operating Income $27,389

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0.33 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1984
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4531.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Lot Size Sq Ft: 14530.00
  • Parcel #: 40324104

Multi Family

  • Total Annual Expense: 16219.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 4
  • Annual Gross Income: 43608.00
  • Property Net Operating Income: 27389.00

MLS Schools

  • Elementary School: Sandrini, L.

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

Closed on
Nov 18, 2020
Sold by
Bought by

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 14, 2019
Sold by
Bought by
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Lupe Sanchez
Royal Flush Real Estate
List Price
$535,000
Sold Price
$537,855
Premium/Discount to List
$2,855
0.53%

Purchase Details

Listed on
Jan 13, 2015
Closed on
Jan 22, 2015
Sold by
Bought by
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$311,250
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
0.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
0.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Available
-- --
$415,000 Chicago Title Insurance
-- None Available
-- None Available
$450,000 Fidelity Title
$160,000 Fidelity Title
$161,000 American Title
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
Closed $311,250
Closed $292,500
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 Prior Sale
11/14/2019 11/14/19 Sold $537,855 +0.5% $119 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $535,000 +28.9% $118 / Sq Ft
02/27/2015 02/27/15 Sold $415,000 -2.4% $92 / Sq Ft View Prior Sale
01/28/2015 01/28/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $425,000 -- $94 / Sq Ft
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
2025 $9,442 $588,377 $109,363 $479,014
2024 $9,442 $576,841 $107,219 $469,622
2023 $9,288 $565,531 $105,117 $460,414
2022 $8,905 $554,443 $103,056 $451,387
2021 $8,490 $543,573 $101,036 $442,537
2020 $8,310 $538,000 $100,000 $438,000
2019 $7,219 $456,055 $54,945 $401,110
2018 $6,918 $438,348 $52,812 $385,536
2017 $6,817 $429,754 $51,777 $377,977
2016 $6,414 $421,328 $50,762 $370,566
2015 $5,219 $315,000 $40,000 $275,000
2014 $5,159 $315,000 $40,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21911730

Bakersfield Association of REALTORS® / GEMLS

APN: 403-241-04

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