NOT LISTED FOR SALE

Estimated Value: $629,000 - $810,000

9 Beds
5 Baths
3,168 Sq Ft
$218/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $599,900 $189 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,323/month

15 Days on Market

About This Home

As of November 2022

Nice conveniently located SW Bakersfield rental property For Sale! These units rarely become available. This property has 3 units which each feature 3 Bedrooms and 1.75 Baths with attached 1 car garages each. This property is across the street from shopping, restaurants, urgent care, Starbucks, and more! Current rents are Unit A: $1,450.00 Unit B: $1,215.00 Unit C: $1,265.00 Per Seller rents are already set to increase at the beginning of the Year for 2 of the units. Unit B is set to increase to $1,336.00 and Unit C is set to increase to $1,390.00.

Last Agent to Sell the Property

Ryan Joyce

Blox Real Estate License #01782847 Listed on: 10/14/2022

Last Buyer's Agent

Sadoc Antonio

Keller Williams Realty License #02143801

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 9,147 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 3,168 Sq Ft Home
  • 1-Story Property

Schools

  • Sandrini Elementary School
  • Thompson Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 40324216

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $47,160
  • Net Operating Income $36,946

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

9,147 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1992
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3168.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 3.00
  • Parking Features: Garage
  • Garages: 3

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Lot Size Sq Ft: 9147.00
  • Parcel #: 40324216

Multi Family

  • Total Annual Expense: 10214.02
  • Vacancy Factor: 3.00
  • Number Of Units Total: 3
  • Annual Gross Income: 47160.00
  • Property Net Operating Income: 36945.98

MLS Schools

  • Elementary School: Sandrini, L.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 2, 2022
Sold by
Girgis Nagi Y
Bought by
Panelli Elizabeth
Seller's Agent
Ryan Joyce
Blox Real Estate
Buyer's Agent
Sadoc Antonio
Keller Williams Realty
List Price
$599,900
Sold Price
$599,900
Current Estimated Value
$690,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,242
Avg. Annual Appreciation
4.36%
Original Mortgage
$405,000
Outstanding Balance
$392,737
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$297,405

Purchase Details

Closed on
Oct 26, 2005
Sold by
Girgis Nagi Y and Girgis Nagi
Bought by
Girgis Nagi Y

Purchase Details

Closed on
May 27, 1999
Sold by
Dual Legacy Corp
Bought by
Girgis Nagi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,017
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 1997
Sold by
Dobbert John A and Dobbert Dorothy
Bought by
Dual Legacy Corp

Purchase Details

Closed on
Sep 7, 1997
Sold by
Federal National Mortgage Association
Bought by
Dobbert John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,750
Interest Rate
7.54%

Purchase Details

Closed on
Apr 21, 1997
Sold by
Chen Jerry
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 26, 1993
Sold by
Chen Jerry C
Bought by
Ma Phyllis P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Panelli Elizabeth $600,000 Placer Title
Girgis Nagi Y -- Chicago Title
Girgis Nagi $148,000 Fidelity National Title
Dual Legacy Corp -- --
Dobbert John A $115,000 Fidelity National Title
Federal National Mortgage Association $123,225 Fidelity National Title
Ma Phyllis P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panelli Elizabeth $405,000
Previous Owner Girgis Nagi $147,017
Previous Owner Dobbert John A $97,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2022 11/28/22 Sold $599,900 0.0% $189 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $599,900 -- $189 / 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 $9,250 $624,240 $83,232 $541,008
2024 $9,113 $612,000 $81,600 $530,400
2023 $9,113 $600,000 $80,000 $520,000
2022 $4,314 $218,620 $44,309 $174,311
2021 $4,028 $214,335 $43,441 $170,894
2020 $4,028 $212,138 $42,996 $169,142
2019 $3,857 $212,138 $42,996 $169,142
2018 $3,710 $203,902 $41,327 $162,575
2017 $3,656 $199,905 $40,517 $159,388
2016 $3,465 $195,986 $39,723 $156,263
2015 $3,426 $193,043 $39,127 $153,916
2014 $3,340 $189,262 $38,361 $150,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202211376

Bakersfield Association of REALTORS® / GEMLS

APN: 403-242-16-00-8

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