NOT LISTED FOR SALE

4408 Tierra Verde St Bakersfield, CA 93301

Homaker Park Neighborhood

Estimated Value: $646,313 - $709,000

9 Beds
2 Baths
4,100 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $350,000 $85 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,162/month

215 Days on Market

About This Home

As of December 2016

100% occupancy! Great opportunity to acquire this money maker located within walking distance to Garces High School and the Panorama bluffs. Tenants love the location and the town house living. Each unit features 2 bedrooms, 1.5 baths, central AC and heating. Unit A comes with a fireplace, 2-car garage, private patio and laundry hook-ups, tile roof, clear termite, 2-year roof cert. This is a great property to put in your portfolio. New asphalt parking lot.

Last Agent to Sell the Property

Jason Moyer

Watson Realty License #01518968 Listed on: 04/19/2016

Last Buyer's Agent

Martha Acosta

Miramar International-Riverwal License #01432287

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,157

Year Built

  • Built in 1979

Lot Details

  • 9,015 Sq Ft Lot

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Car Garage
  • Carport
  • Uncovered Parking

Schools

  • Hills Elementary School
  • Emerson Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11917117

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $30,900
  • Net Operating Income $21,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,157

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: 4100.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 10.00
  • Parking Features: Garage, Carport, Uncovered, Other
  • Garages: 1

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 9015.00
  • Parcel #: 11917117

Multi Family

  • Total Annual Expense: 9060.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 30900.00
  • Property Net Operating Income: 21840.00

MLS Schools

  • Elementary School: Hills, Stella

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2016
Sold by
Endes Michael L and Endes Erin R
Bought by
Herrera Cesar
Current Estimated Value
$669,328

Purchase Details

Listed on
Nov 6, 2014
Closed on
Dec 2, 2014
Sold by
Pfeffer Ivan Lawrence and The Ivan Lawrence Pfeffer Livi
Bought by
Endes Michael L and Endes Erin R
Seller's Agent
Andrew Ianiero
Miramar International Calloway
Buyer's Agent
Jason Moyer
Watson Realty
List Price
$294,900
Sold Price
$280,000
Premium/Discount to List
-$14,900
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$210,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1994
Sold by
Pfeffer Ivan Lawrence
Bought by
Pfeffer Ivan Lawrence

Purchase Details

Closed on
Oct 1, 1993
Sold by
Pfeffer Ivan Lawrence and Pfeffer Karen Virginia
Bought by
Pfeffer Ivan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.1%
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
Herrera Cesar $350,000 Placer Title
Endes Michael L $280,000 Placer Title Company
Pfeffer Ivan Lawrence -- --
Pfeffer Ivan L -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Cesar $402,000
Closed Herrera Cesar $338,550
Previous Owner Endes Michael L $210,000
Previous Owner Pfeffer Ivan L $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2016 12/20/16 Sold $350,000 -4.1% $85 / Sq Ft
11/20/2016 11/20/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $365,000 +30.4% $89 / Sq Ft
12/30/2014 12/30/14 Sold $280,000 -5.1% $68 / Sq Ft
11/30/2014 11/30/14 Pending -- -- --
11/06/2014 11/06/14 For Sale $294,900 -- $72 / 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 $7,157 $406,201 $87,041 $319,160
2024 $7,157 $398,237 $85,335 $312,902
2023 $6,990 $390,429 $83,662 $306,767
2022 $6,797 $382,774 $82,022 $300,752
2021 $6,405 $375,269 $80,414 $294,855
2020 $6,268 $371,422 $79,590 $291,832
2019 $6,146 $371,422 $79,590 $291,832
2018 $6,012 $357,000 $76,500 $280,500
2017 $5,972 $350,000 $75,000 $275,000
2016 $4,865 $284,269 $71,067 $213,202
2015 $4,825 $280,000 $70,000 $210,000
2014 $3,940 $209,000 $52,000 $157,000
Source: Public Records

Agents Affiliated with this Home

  • Jason Moyer

    Seller's Agent in 2016

    Jason Moyer

    Watson Realty

    (661) 859-8578

    60 Total Sales

    Jason Moyer
    Section Image
  • Martha Acosta

    Buyer's Agent in 2016

    Martha Acosta

    Miramar International-Riverwal

    (661) 487-3974

    77 Total Sales

    Martha Acosta
    Section Image

  • A

    Seller's Agent in 2014

    Andrew Ianiero

    Miramar International Calloway

    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21604699

Bakersfield Association of REALTORS® / GEMLS

APN: 119-171-17-00-2

California Kern County Bakersfield 93301 Homaker Park

4408 Tierra Verde St, Bakersfield, CA

This home is located at 4408 Tierra Verde St, Bakersfield, CA 93301 since 19 April 2016 and is currently estimated at $669,328, approximately $163 per square foot. This property was built in 1979. 4408 Tierra Verde St is a home located in Kern County with nearby schools including Stella I. Hills Elementary School, Emerson Middle School, and North 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.
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