NOT LISTED FOR SALE

4312 Tierra Verde St Bakersfield, CA 93301

Homaker Park Neighborhood

Estimated Value: $577,000 - $665,000

9 Beds
6 Baths
4,100 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $450,000 $110 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,991/month

About This Home

As of April 2021

Fourplex in the hottest investment market in California. This fourplex is ideally located in Bakersfield. Close to hospitals and business centers. Easy access to public transportation as well as great parks and bike paths on the Kern River. The property itself has long term tenants and is near great public and private schools. All 4 AC units are 5 years or newer! All units have tile floors throughout first floor. All modern roll-up garage doors. Unit A garage entry direct to unit; the other units exit garage into private backyard to enter the backdoor.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 03/10/2021

Keller Williams Realty

Last Buyer's Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 03/10/2021

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,090

Year Built

  • Built in 1978

Lot Details

  • 0.26 Acre Lot

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Schools

  • Downtown Elementary School
  • Emerson Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11917114

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $35,220
  • Net Operating Income $22,748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,090

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1978
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4100.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: North
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 11325.00
  • Parcel #: 11917114

Multi Family

  • Total Annual Expense: 12118.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 3
  • Annual Gross Income: 35220.00
  • Property Net Operating Income: 22748.00

MLS Schools

  • Elementary School: Downtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Mar 18, 2021
Sold by
Scavone Michael Anthony and Scavone Debra Lynn
Bought by
Itdrp Llc
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Current Estimated Value
$613,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,497
Avg. Annual Appreciation
8.22%
Original Mortgage
$235,000
Outstanding Balance
$212,803
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$424,700

Purchase Details

Closed on
Mar 7, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Scavone Michael Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,250
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2007
Sold by
Dionicio Osvaldo
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 15, 2006
Sold by
Sanchez Juan R and Sanchez Araceli
Bought by
Dionicio Osvaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Pence Robb D and Pence Lois E
Bought by
Sanchez Juan R and Sanchez Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Faulkner Kenneth L and Faulkner Ila M
Bought by
Pence Robb D and Pence Lois E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,960
Interest Rate
7.18%

Purchase Details

Closed on
Aug 24, 2000
Sold by
Washington Mutual Bank Fa
Bought by
Faulkner Kenneth L and Faulkner Ila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,650
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 1999
Sold by
Yoshioka Etsuko B
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Oct 21, 1994
Sold by
White E Robert
Bought by
White Lindy Monan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.91%

Purchase Details

Closed on
Sep 30, 1994
Sold by
Monan Barbara J and White Lindy Monan
Bought by
Yoshioka Etsuko B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.91%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Itdrp Llc $450,000 Chicago Title Company
Scavone Michael Anthony $327,000 Chicago Title Insurance
Federal Home Loan Mortgage Corporation $340,215 Accommodation
Dionicio Osvaldo $492,000 Ticor Title Company Of Ca
Sanchez Juan R $365,000 Ticor Title
Pence Robb D $160,000 Stewart Title Of Ca Inc
Faulkner Kenneth L $121,000 First American Title Co
Washington Mutual Bank Fa $120,000 Stewart Title
White Lindy Monan -- World Title Company
Yoshioka Etsuko B $175,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Itdrp Llc $235,000
Previous Owner Scavone Michael Anthony $225,987
Previous Owner Scavone Michael Anthony $245,250
Previous Owner Dionicio Osvaldo $417,000
Previous Owner Sanchez Juan R $292,000
Previous Owner Pence Robb D $205,000
Previous Owner Pence Robb D $127,960
Previous Owner Faulkner Kenneth L $113,334
Previous Owner Faulkner Kenneth L $113,650
Previous Owner Yoshioka Etsuko B $140,000
Closed Yoshioka Etsuko B $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $450,000 +5.9% $110 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $425,000 -- $104 / 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 $8,090 $487,093 $81,181 $405,912
2024 $8,090 $477,543 $79,590 $397,953
2023 $7,907 $468,180 $78,030 $390,150
2022 $7,702 $459,000 $76,500 $382,500
2021 $6,663 $396,796 $97,072 $299,724
2020 $6,526 $392,728 $96,077 $296,651
2019 $6,399 $392,728 $96,077 $296,651
2018 $6,156 $369,000 $74,000 $295,000
2017 $5,606 $320,000 $64,000 $256,000
2016 $5,041 $300,000 $60,000 $240,000
2015 $4,905 $287,000 $43,000 $244,000
2014 $3,940 $209,000 $52,000 $157,000
Source: Public Records

Agents Affiliated with this Home

  • Philip Jordan

    Seller's Agent in 2021

    Philip Jordan

    Keller Williams Realty

    (661) 553-5767

    4 in this area

    139 Total Sales

    Philip Jordan
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202102586

Bakersfield Association of REALTORS® / GEMLS

APN: 119-171-14-00-3

California Kern County Bakersfield 93301 Homaker Park

4312 Tierra Verde St, Bakersfield, CA

This home is located at 4312 Tierra Verde St, Bakersfield, CA 93301 since 10 March 2021 and is currently estimated at $613,497, approximately $149 per square foot. This property was built in 1978. 4312 Tierra Verde St is a home located in Kern County with nearby schools including Stella I. Hills Elementary School, Emerson Middle School, and North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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