NOT LISTED FOR SALE

Estimated Value: $409,000 - $497,000

6 Beds
2 Baths
2,453 Sq Ft
$181/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $400,000 $163 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,840/month

1 Day on Market

Highlights

  • Central Heating and Cooling System
  • 1-Story Property
  • 3-minute walk to Beale Park

About This Home

As of August 2024

432-434-436 Holtby Road - Located at 432 Holtby Road, Bakersfield, CA, this property is priced at $395,000 and features three units, each with two bedrooms and one bathroom. Built in 1961, the property offers a gross scheduled income of $31,800, with significant upside potential in the current rent structure. The HVAC systems were last replaced in 2006, roof in 2007 and driveway in 2008. This multifamily property presents a solid investment opportunity with the potential for increased returns.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/17/2024

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 10,018

Parking

  • Uncovered Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2,453 Sq Ft Home
  • 1-Story Property

Schools

  • Penn Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 10,018 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00733225

Community Details

Overview

  • 3 Units
  • The Chester Tract Subdivision

Building Details

  • Gross Income $31,800
  • Net Operating Income $17,646

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1961
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.2300
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2453.00

Exterior Features

  • Roof: Flat
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 10018.00
  • Parcel #: 00733225

Multi Family

  • Total Annual Expense: 13200.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 31800.00
  • Property Net Operating Income: 17646.00

MLS Schools

  • Elementary School: Penn, William

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Sep 23, 2024
Sold by
Adams John Matthew
Bought by
Garduno Rey Luis Jaramil
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Views
5
Current Estimated Value
$443,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,667
Avg. Annual Appreciation
7.15%
Original Mortgage
$300,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2024
Closed on
Sep 19, 2024
Sold by
Olvera Veronica Moreno
Bought by
Garduno Rey Luis Jaramil
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 7, 2024
Sold by
Uranday-Adams Stacy Ann
Bought by
Adams John Matthew
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2024
Closed on
Aug 2, 2024
Sold by
Ioana Sundius C and Ioana Cristina
Bought by
Adams John Matthew
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2005
Sold by
Efada Smith A and Efada Theresa
Bought by
Sundius C Michael and Sundius Ioana Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garduno Rey Luis Jaramil $50,500 Placer Title
Garduno Rey Luis Jaramil -- Placer Title
Adams John Matthew -- Placer Title
Adams John Matthew $400,000 Placer Title
Sundius C Michael $285,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams John Matthew $300,000
Previous Owner Sundius C Michael $182,250
Closed Sundius C Michael $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $400,000 +1.3% $163 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $395,000 -- $161 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $6,436 $400,000 $80,000 $320,000
2024 $6,293 $389,456 $81,987 $307,469
2023 $6,293 $381,821 $80,380 $301,441
2022 $6,134 $374,335 $78,804 $295,531
2021 $5,829 $366,996 $77,259 $289,737
2020 $3,994 $220,000 $45,000 $175,000
2019 $3,969 $220,000 $50,000 $170,000
2018 $3,696 $200,000 $50,000 $150,000
2017 $3,583 $189,000 $30,000 $159,000
2016 $3,155 $169,000 $30,000 $139,000
2015 $3,155 $169,000 $40,000 $129,000
2014 $4,826 $324,063 $68,222 $255,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202406978

Bakersfield Association of REALTORS® / GEMLS

APN: 007-332-25-00-2