NOT LISTED FOR SALE

4341 Balboa Dr Bakersfield, CA 93307

South Wible Orchard Neighborhood

Estimated Value: $434,000 - $588,000

8 Beds
4 Baths
3,788 Sq Ft
$130/Sq Ft Est. Value

Last Sold September 26, 2013

Last sale price $70,000 $18 Per Sq Ft

Est. 606% increase in value since last sale

Current estimated payment $2,916/month

About This Home

As of September 2013

4 Plex Investor Dream! Great opportunity. Each unit is 2 bedroom, 1 bath with their own small, private patio. Located near a convenient shopping area and schools. Units do need some TLC, but at this price, property has great potential for positive cash flow. Bring your offer today!

Last Agent to Sell the Property

Laurie McCarty

Coldwell Banker Preferred,RLT License #1090506 Listed on: 09/26/2013

Coldwell Banker Preferred,RLT

Last Buyer's Agent

Richard Rivera

Unknown Broker License #01864595

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 9,106

Parking

  • Carport
  • 4 Car Parking Spaces

Schools

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

Additional Features

  • 1-Story Property
  • 9,106 Sq Ft Lot

Community Details

  • 4 Units
  • Net Operating Income $31,200

Listing and Financial Details

  • Assessor Parcel Number 17118305

Property Details

Home Type

Multi-Family

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

Exterior Features

  • Disclosures: REO

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport

Utilities

  • Heatcool: Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 9106.00
  • Parcel #: 17118305

Multi Family

  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Property Net Operating Income: 31200.00

MLS Schools

  • Elementary School: Plantation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2016
Sold by
Kaur Jassar Sakinder Singh and Kaur Jassar Daljeet
Bought by
Jassar Sikander Singh
Current Estimated Value
$494,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Outstanding Balance
$106,551
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$387,782

Purchase Details

Closed on
Apr 21, 2014
Sold by
Apras Llc
Bought by
Kaur Jassar Sikander Singh and Kaur Jassar Daljeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,300,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 26, 2013
Closed on
Sep 5, 2013
Sold by
The Bank Of New York Mellon
Bought by
Apras Llc
Seller's Agent
Laurie McCarty
Coldwell Banker Preferred,RLT
Buyer's Agent
Richard Rivera
Unknown Broker
List Price
$68,900
Sold Price
$70,000
Premium/Discount to List
$1,100
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.18%

Purchase Details

Closed on
May 7, 2013
Sold by
Cooper Nada P
Bought by
The Bank Of New York Mellon and Jpmorgan Chase Bank N A

Purchase Details

Closed on
Dec 23, 2004
Sold by
Cooper David L
Bought by
Cooper Nada P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,250
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2004
Sold by
Hewang Inc
Bought by
Cooper Nada P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,250
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Zhang Zheng
Bought by
Hewang Inc

Purchase Details

Closed on
Mar 25, 2004
Sold by
Kush Properties Inc
Bought by
Zhang Zheng

Purchase Details

Closed on
Aug 30, 1995
Sold by
Babbar Khem
Bought by
Kush Properties Inc
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
Jassar Sikander Singh -- Ticor Title Company
Kaur Jassar Sikander Singh -- Accommodation
Apras Llc $70,000 California Title Company
The Bank Of New York Mellon $128,000 Accommodation
Cooper Nada P -- First American Title
Cooper Nada P $325,000 First American Title
Hewang Inc -- Fidelity Title
Zhang Zheng $202,500 Fidelity Title
Kush Properties Inc $1,000 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jassar Sikander Singh $134,000
Previous Owner Kaur Jassar Sikander Singh $7,300,000
Previous Owner Cooper Nada P $211,250
Closed Cooper Nada P $81,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2013 09/26/13 Sold $70,000 +1.6% $18 / Sq Ft
09/26/2013 09/26/13 For Sale $68,900 -- $18 / 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 $4,281 $153,420 $27,932 $125,488
2024 $4,281 $150,413 $27,385 $123,028
2023 $4,164 $147,464 $26,848 $120,616
2022 $4,038 $144,574 $26,322 $118,252
2021 $3,661 $141,740 $25,806 $115,934
2020 $3,506 $140,287 $25,542 $114,745
2019 $3,449 $140,287 $25,542 $114,745
2018 $3,338 $134,841 $24,551 $110,290
2017 $3,301 $132,197 $24,069 $108,128
2016 $3,844 $189,000 $30,000 $159,000
2015 $2,468 $71,398 $20,399 $50,999
2014 $2,412 $70,000 $20,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • Laurie McCarty

    Seller's Agent in 2013

    Laurie McCarty

    Coldwell Banker Preferred,RLT

    (661) 331-0598

    5 in this area

    766 Total Sales

    Laurie McCarty
    Section Image

  • R

    Buyer's Agent in 2013

    Richard Rivera

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21309669

Bakersfield Association of REALTORS® / GEMLS

APN: 171-183-05-00-6

California Kern County Bakersfield 93307 South Wible Orchard

4341 Balboa Dr, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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