NOT LISTED FOR SALE

Estimated Value: $672,842 - $714,000

4 Beds
2 Baths
3,964 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $550,000 $139 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,496/month

About This Home

As of July 2021

4313 Tierra Verde - This fourplex is in the area that transitions from Central Bakersfield to upper NE Bakersfield. Built in 1979, this building consists of 3 2-bedroom / 1.5 bath units and 1 3-bedroom / 1.75 baths units with laundry hookups and garages. Three units were completely rebuilt after fire damage in 2015. 3 new HVAC units plus the roof were replaced during the rebuild. Current rents range from $850-$975 for an Annual Gross Scheduled income of $42,600.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/19/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,204

Year Built

  • Built in 1979

Lot Details

  • 10,537 Sq Ft Lot

Parking

  • 4 Car Parking Spaces

Interior Spaces

  • 3,964 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 11917207

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $42,600
  • Net Operating Income $26,122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,204

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1979
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3964.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Garage

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 10537.00
  • Parcel #: 11917207

Multi Family

  • Total Annual Expense: 15200.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Annual Gross Income: 42600.00
  • Property Net Operating Income: 26122.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Carrera Agustin and Carrera Maritza
Bought by
Agustin Carrera And Maritza Carrera Living Tr and Carrera
Current Estimated Value
$699,961

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 9, 2021
Sold by
Decarrera Maritza Deleon
Bought by
Carrera Agustin
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$385,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 9, 2021
Sold by
Whitefish Properties Llc
Bought by
Carrera Agustin
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2015
Sold by
Richardson Eric H
Bought by
Whitefish Properties Llc

Purchase Details

Closed on
Sep 8, 2010
Sold by
Mcleod Dean Patrick
Bought by
Richardson Eric H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,938
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 2003
Sold by
Maynard Susan Ann
Bought by
Mcleod Dean Patrick

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
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 1999
Sold by
Living Trust Worrell Glen A & Betty 1993 Revo and Worrell Glen A
Bought by
Maynard Susan Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,796
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 1997
Sold by
Worrell Glen A & Betty A Tr and Glen A
Bought by
Worrell Glen A and Glen A & Betty A Worrell 1993
Source: Public Records

Range of Values:

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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
Agustin Carrera And Maritza Carrera Living Tr -- None Listed On Document
Carrera Agustin -- None Listed On Document
Carrera Agustin -- Placer Title Company
Carrera Agustin $550,000 Placer Title Company
Whitefish Properties Llc -- None Available
Richardson Eric H $169,000 Placer Title Company
Mcleod Dean Patrick $270,000 Stewart Title
Maynard Susan Ann $125,000 Stewart Title
Worrell Glen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrera Agustin $385,000
Previous Owner Richardson Eric H $165,938
Previous Owner Mcleod Dean Patrick $216,000
Previous Owner Maynard Susan Ann $124,796
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $550,000 0.0% $139 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $550,000 -- $139 / 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 $9,204 $583,664 $132,651 $451,013
2024 $9,204 $572,220 $130,050 $442,170
2023 $9,002 $561,000 $127,500 $433,500
2022 $8,782 $550,000 $125,000 $425,000
2021 $5,643 $311,683 $76,553 $235,130
2020 $5,508 $308,489 $75,769 $232,720
2019 $5,402 $308,489 $75,769 $232,720
2018 $5,286 $296,513 $72,828 $223,685
2017 $5,248 $290,700 $71,400 $219,300
2016 $3,666 $177,000 $70,000 $107,000
2015 $3,693 $180,153 $26,650 $153,503
2014 $3,579 $176,625 $26,128 $150,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202105328

Bakersfield Association of REALTORS® / GEMLS

APN: 119-172-07-00-0