NOT LISTED FOR SALE

Estimated Value: $719,000 - $1,295,000

10 Beds
8 Baths
4,128 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $408,000 $99 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $6,456/month

166 Days on Market

About This Home

As of May 2012

Calling all Savvy Investors! Rare 4 plex located in Northwest Bakersfield in Riverlakes Ranch. Awesome location and highly desirable, you won't be disappointed. All units are occupied. Blink and it gone...

Last Agent to Sell the Property

Rachael Newell

Miramar International-Riverwal License #01303876 Listed on: 11/04/2011

Last Buyer's Agent

John Machado

Miramar International-Riverwal License #01800735

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,504

Year Built

  • Built in 1998

Lot Details

  • 0.28 Acre Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 4,128 Sq Ft Home
  • 1-Story Property

Schools

  • Endeavour Elementary School
  • Fruitvale Middle School
  • Centennial High School

Community Details

  • 4 Units
  • Gross Income $49,800

Listing and Financial Details

  • Assessor Parcel Number 45149209

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,504

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1998
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4128.00

Exterior Features

  • Disclosures: Short Sale

Garage/Parking

  • Parking: 8.00
  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Centennial
  • Middle Or Junior School: Fruitvale

Lot Info

  • Lot Size Sq Ft: 12196.00
  • Parcel #: 45149209

Multi Family

  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 49800.00

MLS Schools

  • Elementary School: Endeavour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2020
Sold by
Rezk Gosphien F and Rezk Gosphien
Bought by
4409 Pebble Creek Llc
Current Estimated Value
$1,049,704

Purchase Details

Closed on
Mar 11, 2020
Sold by
Ragheb Nassef
Bought by
Rezk Gosphien

Purchase Details

Listed on
Nov 4, 2011
Closed on
Apr 11, 2012
Sold by
Rezk Gosphien
Bought by
Ragheb Nassef
Seller's Agent
Rachael Newell
Miramar International-Riverwal
Buyer's Agent
John Machado
Miramar International-Riverwal
List Price
$450,000
Sold Price
$408,000
Premium/Discount to List
-$42,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$306,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2012
Sold by
Hardman Estela S and Estela S Hardman Revocable Tru
Bought by
Ragheb Nassef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2006
Sold by
Faist Stephen
Bought by
Hardman Estela S and Estela S Hardman Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1998
Sold by
Coleman Homes Inc
Bought by
Faist Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.63%
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
4409 Pebble Creek Llc -- None Available
Rezk Gosphien -- None Available
Rezk Gosphien -- None Available
Ragheb Nassef -- Placer Title Company
Ragheb Nassef $408,000 Placer Title Company
Hardman Estela S $700,000 Alliance Title Company
Faist Stephen $270,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ragheb Nassef $306,000
Previous Owner Hardman Estela S $560,000
Previous Owner Faist Stephen $272,000
Previous Owner Faist Stephen A $240,000
Previous Owner Faist Stephen $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2012 05/18/12 Sold $408,000 -9.3% $99 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
11/04/2011 11/04/11 For Sale $450,000 -- $109 / 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 $8,504 $512,460 $94,198 $418,262
2024 $8,336 $502,412 $92,351 $410,061
2023 $8,336 $492,562 $90,541 $402,021
2022 $8,162 $482,905 $88,766 $394,139
2021 $7,767 $473,437 $87,026 $386,411
2020 $7,696 $468,583 $86,134 $382,449
2019 $7,354 $468,583 $86,134 $382,449
2018 $7,390 $450,390 $82,791 $367,599
2017 $7,224 $441,560 $81,168 $360,392
2016 $6,792 $432,903 $79,577 $353,326
2015 $6,722 $426,401 $78,382 $348,019
2014 $6,578 $418,049 $76,847 $341,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21113415

Bakersfield Association of REALTORS® / GEMLS

APN: 451-492-09-00-2