NOT LISTED FOR SALE

4401 Isla Verde St Bakersfield, CA 93301

Homaker Park Neighborhood

Estimated Value: $561,685 - $909,000

8 Beds
6 Baths
4,430 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $355,000 $80 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,157/month

21 Days on Market

About This Home

As of May 2019

This bread and butter fourplex resides in Homaker Park, a popular multifamily neighborhood within Bakersfield's Central Submarket. All four units are 2-story, featuring 2-bedrooms and 1.5-bathrooms and include garage, carport and street parking. Built in 1979, the owners have recently rehabbed two units. This property boasts a 100% occupancy rate and desirable location near Garces Memorial High School, one of the most prominent schools in the city. To the South, Bakersfield Memorial Hospital dominates as one of the largest employers in the entire city. Located less than a mile from the fourplex, the hospital has become a magnet for dining, shopping, and public transportation. All this, plus close proximity to Bakersfield's downtown commercial and entertainment districts, make this investment an excellent value for the money.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 03/19/2019

Last Buyer's Agent

Alicia Angelini

Miramar International Calloway License #01805521

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,039

Year Built

  • Built in 1979

Lot Details

  • 0.27 Acre Lot

Interior Spaces

  • 4,430 Sq Ft Home
  • 2-Story Property

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 11917130

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $36,240
  • Net Operating Income $17,526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,039

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: 4430.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 11582.00
  • Parcel #: 11917130

Multi Family

  • Total Annual Expense: 16933.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 36240.00
  • Property Net Operating Income: 17526.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Apr 9, 2019
Sold by
Meek Farrell
Bought by
Meek Carol
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Alicia Angelini
Miramar International Calloway
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Current Estimated Value
$678,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,671
Avg. Annual Appreciation
10.52%
Original Mortgage
$319,737
Outstanding Balance
$279,372
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$399,299

Purchase Details

Listed on
Mar 19, 2019
Closed on
Apr 2, 2019
Sold by
Plotkin Diana and Meek Carol
Bought by
Fitzpatrick John
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Alicia Angelini
Miramar International Calloway
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,737
Outstanding Balance
$279,372
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$399,299

Purchase Details

Closed on
Feb 10, 2016
Sold by
Urner David H and Margaret Urner Revocable Trust
Bought by
Plotkin Diana and Meek Carol

Purchase Details

Closed on
Sep 25, 2007
Sold by
Urner David H H and Urner David H
Bought by
Urner David H and David H Urner Trust
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
Meek Carol -- Placer Title Er
Plotkin Diana -- Placer Title Er
Fitzpatrick John $355,000 Placer Title Er
Plotkin Diana -- None Available
Urner David H -- None Available
Urner David H H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzpatrick John $319,737
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2019 05/09/19 Sold $355,000 -2.7% $80 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
03/19/2019 03/19/19 For Sale $365,000 -- $82 / 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 $7,039 $396,004 $83,661 $312,343
2024 $7,039 $388,240 $82,021 $306,219
2023 $6,875 $380,628 $80,413 $300,215
2022 $6,683 $373,166 $78,837 $294,329
2021 $6,292 $365,850 $77,292 $288,558
2020 $6,156 $362,100 $76,500 $285,600
2019 $5,413 $309,493 $69,752 $239,741
2018 $5,297 $297,478 $67,045 $230,433
2017 $5,260 $291,645 $65,730 $225,915
2016 $4,469 $248,855 $53,884 $194,971
2015 $4,430 $245,118 $53,075 $192,043
2014 $4,130 $226,000 $56,000 $170,000
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2019

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    1 in this area

    85 Total Sales

    Marc Thurston
    Section Image

  • A

    Buyer's Agent in 2019

    Alicia Angelini

    Miramar International Calloway

    (661) 889-4303

    24 Total Sales

    Alicia Angelini
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21903136

Bakersfield Association of REALTORS® / GEMLS

APN: 119-171-30-00-9

California Kern County Bakersfield 93301 Homaker Park

4401 Isla Verde St, Bakersfield, CA

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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