NOT LISTED FOR SALE

4400 Balboa Dr Unit 1-4 Bakersfield, CA 93307

South Wible Orchard Neighborhood

Estimated Value: $510,010 - $582,000

2 Beds
1 Bath
3,788 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $439,000 $116 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,496/month

About This Home

As of December 2022

This is a great investment opportunity in SW Bakersfield! Convenient access to the freeway and shopping area. This is a fourplex with four 2 bedroom, 1 bath units. Newly paved parking and each unit has its own covered parking. Make offers subject to interior inspection. Do not disturb tenants.

Last Agent to Sell the Property

Laurie McCarty

Coldwell Banker Preferred,RLT License #1090506 Listed on: 07/08/2022

Coldwell Banker Preferred,RLT

Last Buyer's Agent

Laurie McCarty

Coldwell Banker Preferred,RLT License #1090506 Listed on: 07/08/2022

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,860

Year Built

  • Built in 1969

Lot Details

  • 8,712 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 17118213

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $39,000
  • Net Operating Income $27,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,860

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: 8712.00
  • Parcel #: 17118213

Multi Family

  • Total Annual Expense: 11320.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 39000.00
  • Property Net Operating Income: 27680.00

MLS Schools

  • Elementary School: Plantation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Thomas W Morreale Trust
Bought by
Lucky Jade Capital Llc
Current Estimated Value
$535,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,250
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2014
Sold by
Morreale Tom
Bought by
Morreale Thomas W and The Thomas W Morreale Trust

Purchase Details

Closed on
Apr 29, 2010
Sold by
The Bank Of New York Mellon
Bought by
Morreale Tom

Purchase Details

Closed on
Oct 16, 2009
Sold by
Chau Kris
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 25, 2006
Sold by
Chau Kris
Bought by
Chau Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 10, 2005
Sold by
Brandel David
Bought by
Chau Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2004
Sold by
Poulin Gary and Poulin Beatrice
Bought by
Brandel David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2002
Sold by
Shadow Walker Properties I
Bought by
Poulin Gary and Poulin Beatrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.06%

Purchase Details

Closed on
Oct 30, 2001
Sold by
Cruz Joseph and Cruz Joseph
Bought by
Shadow Walker Properties I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
6.84%

Purchase Details

Closed on
Sep 20, 2001
Sold by
Kush Properties Inc
Bought by
Tci Ii Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
6.84%

Purchase Details

Closed on
Sep 11, 2001
Sold by
Tci Ii Properties Llc
Bought by
Cruz Joseph and Cruz Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
6.84%

Purchase Details

Closed on
Jun 18, 2001
Sold by
Kush Properties Inc
Bought by
Tcii Properties Llc
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
Lucky Jade Capital Llc $439,000 Ticor Title
Morreale Thomas W -- None Available
Morreale Tom $125,000 First American Title Company
The Bank Of New York Mellon $140,250 Landsafe Title
Chau Kris -- Alliance Title Company
Chau Kris $345,000 First American Title
Brandel David $271,000 Ticor Title
Poulin Gary $160,000 Commonwealth Title
Shadow Walker Properties I -- --
Tci Ii Properties Llc $39,000 --
Cruz Joseph $99,500 Commonwealth Land Title Co
Tcii Properties Llc $39,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucky Jade Capital Llc $329,250
Previous Owner Chau Kris $294,000
Previous Owner Chau Kris $241,500
Previous Owner Brandel David $202,500
Previous Owner Poulin Gary $128,000
Previous Owner Cruz Joseph $79,600
Closed Poulin Gary $16,000
Closed Brandel David $40,500
Closed Chau Kris $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $439,000 -2.4% $116 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $450,000 -- $119 / 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 $7,860 $456,735 $130,050 $326,685
2024 $7,860 $447,780 $127,500 $320,280
2023 $7,681 $439,000 $125,000 $314,000
2022 $7,163 $398,000 $75,000 $323,000
2021 $3,752 $149,053 $29,807 $119,246
2020 $3,752 $147,526 $29,502 $118,024
2019 $3,537 $147,526 $29,502 $118,024
2018 $3,421 $141,799 $28,357 $113,442
2017 $3,383 $139,019 $27,801 $111,218
2016 $3,242 $136,294 $27,256 $109,038
2015 $3,187 $134,248 $26,847 $107,401
2014 $3,123 $131,620 $26,322 $105,298
Source: Public Records

Agents Affiliated with this Home

  • Laurie McCarty

    Seller's Agent in 2022

    Laurie McCarty

    Coldwell Banker Preferred,RLT

    (661) 331-0598

    4 in this area

    770 Total Sales

    Laurie McCarty
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202207673

Bakersfield Association of REALTORS® / GEMLS

APN: 171-182-13-00-2

California Kern County Bakersfield 93307 South Wible Orchard

4400 Balboa Dr Unit 1-4, Bakersfield, CA

This home is located at 4400 Balboa Dr Unit 1-4, Bakersfield, CA 93307 since 08 July 2022 and is currently estimated at $535,753, approximately $141 per square foot. This property was built in 1969. 4400 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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