NOT LISTED FOR SALE

4331 Balboa Dr Unit 1-4 Bakersfield, CA 93307

South Wible Orchard Neighborhood

Estimated Value: $338,201 - $592,000

8 Beds
4 Baths
3,788 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 09, 2013

Last sale price $139,500 $37 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $2,968/month

259 Days on Market

About This Home

As of May 2013

JUST REDUCED! Great income property! Regular sale!

Last Agent to Sell the Property

Heather Heath

RE/MAX Golden Empire License #01414667 Listed on: 07/24/2012

RE/MAX Golden Empire

Last Buyer's Agent

John Sanchez

Next Level Realty - Miramar License #01733663

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,497

Year Built

  • Built in 1969

Lot Details

  • 9,106 Sq Ft Lot

Interior Spaces

  • 3,788 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 4 Car Parking Spaces

Schools

  • Plantation Elementary School
  • Greenfield Middle School
  • South High School

Listing and Financial Details

  • Assessor Parcel Number 17118304

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $15,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,497

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1969
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3788.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: South
  • Middle Or Junior School: Greenfield

Lot Info

  • Lot Size Sq Ft: 9106.00
  • Parcel #: 17118304

Multi Family

  • Total Annual Expense: 12960.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 15840.00

MLS Schools

  • Elementary School: Plantation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2012
Closed on
Apr 18, 2013
Sold by
Mcgee Daniel M and Trust #4331 Balboa
Bought by
Bentley Sean J and Bentley Leah K
Seller's Agent
Heather Heath
RE/MAX Golden Empire
Buyer's Agent
John Sanchez
Next Level Realty - Miramar
List Price
$149,900
Sold Price
$139,500
Premium/Discount to List
-$10,400
-6.94%
Current Estimated Value
$489,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,550
Avg. Annual Appreciation
10.61%
Original Mortgage
$104,625
Outstanding Balance
$74,085
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$414,965

Purchase Details

Closed on
Feb 28, 2012
Sold by
Norton David C
Bought by
Mcgee Daniel M and Trust #4331 Balboa

Purchase Details

Closed on
Nov 3, 2011
Sold by
Corinthian Capital Partners Llc
Bought by
Norton David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2011
Sold by
Oliver Kevin
Bought by
Corinthian Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2011
Sold by
Woo George
Bought by
Oliver Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2004
Sold by
Hewang Inc
Bought by
Woo George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Lee Se Leung
Bought by
Hewang Inc

Purchase Details

Closed on
Mar 25, 2004
Sold by
Kush Properties Inc
Bought by
Lee Se Leung

Purchase Details

Closed on
Aug 30, 1995
Sold by
Babbar Khem
Bought by
Kush Properties Inc

Purchase Details

Closed on
Jun 27, 1994
Sold by
Babbar Sunita
Bought by
Babbar Khem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,700
Interest Rate
8.6%

Purchase Details

Closed on
May 31, 1994
Sold by
Kush Properties Inc
Bought by
Babbar Khem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,700
Interest Rate
8.6%
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
Bentley Sean J $139,500 Placer Title
Mcgee Daniel M -- None Available
Norton David C $140,000 Chicago Title Company
Oliver Kevin -- Chicago Title Company
Corinthian Capital Partners Llc -- None Available
Oliver Kevin $67,000 Chicago Title Company
Woo George $325,000 First American Title
Hewang Inc -- Fidelity Title
Lee Se Leung $202,500 Fidelity Title
Kush Properties Inc $1,000 Commonwealth Title Co
Babbar Khem -- First American Title Ins Co
Babbar Khem $500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bentley Sean J $104,625
Previous Owner Norton David C $105,000
Previous Owner Corinthian Capital Partners Llc $30,000
Previous Owner Woo George $200,000
Previous Owner Babbar Khem $93,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2013 05/09/13 Sold $139,500 -6.9% $37 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
07/24/2012 07/24/12 For Sale $149,900 -- $40 / 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 $4,497 $171,772 $30,779 $140,993
2024 $4,376 $168,405 $30,176 $138,229
2023 $4,376 $165,104 $29,585 $135,519
2022 $4,251 $161,867 $29,005 $132,862
2021 $3,871 $158,694 $28,437 $130,257
2020 $3,713 $157,068 $28,146 $128,922
2019 $3,652 $157,068 $28,146 $128,922
2018 $3,531 $150,971 $27,054 $123,917
2017 $3,492 $148,012 $26,524 $121,488
2016 $3,343 $145,110 $26,004 $119,106
2015 $3,286 $142,931 $25,614 $117,317
2014 $3,221 $140,132 $25,113 $115,019
Source: Public Records

Agents Affiliated with this Home

  • Heather Heath

    Seller's Agent in 2013

    Heather Heath

    RE/MAX

    (661) 900-5069

    1 in this area

    38 Total Sales

    Heather Heath
    Section Image
  • John Sanchez

    Buyer's Agent in 2013

    John Sanchez

    Next Level Realty - Miramar

    (661) 865-9936

    9 Total Sales

    John Sanchez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21207946

Bakersfield Association of REALTORS® / GEMLS

APN: 171-183-04-00-3

California Kern County Bakersfield 93307 South Wible Orchard

4331 Balboa Dr Unit 1-4, Bakersfield, CA

This home is located at 4331 Balboa Dr Unit 1-4, Bakersfield, CA 93307 since 24 July 2012 and is currently estimated at $489,050, approximately $129 per square foot. This property was built in 1969. 4331 Balboa Dr Unit 1-4 is a home located in Kern County with nearby schools including Prosperity Elementary School, Greenfield Middle School, and South 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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