NOT LISTED FOR SALE

4505 Isla Verde St Bakersfield, CA 93301

Homaker Park Neighborhood

Estimated Value: $635,000 - $887,000

9 Beds
7 Baths
4,100 Sq Ft
$176/Sq Ft Est. Value

Last Sold May 21, 2012

Last sale price $229,000 $56 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $4,274/month

About This Home

As of May 2012

Fantastic 4 unit income property in Central Bakersfield. Unit A is 3/2 with 2 car garage and laundry hook-ups. All other units are 2 bed and 1.5 bath. Rented and producing cash flow.

Last Agent to Sell the Property

Darron Mason

eXp Realty - Bakersfield License #01464680 Listed on: 04/16/2012

Last Buyer's Agent

Roland Scholz

Unknown Broker License #821966

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,789

Year Built

  • Built in 1978

Lot Details

  • 10,272

Interior Spaces

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

Parking

  • 2 Car Garage
  • Carport

Schools

  • Hills Elementary School
  • Emerson Middle School
  • East High School

Additional Features

  • 10,272 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 11917125

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $35,160
  • Net Operating Income $23,351

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,789

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1978
  • 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 Features: Garage, Carport
  • Garages: 2

Utilities

  • Heatcool: Central AC

Schools

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

Lot Info

  • Lot Size Sq Ft: 10272.00
  • Parcel #: 11917125

Multi Family

  • Total Annual Expense: 11809.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 35160.00
  • Property Net Operating Income: 23351.00

MLS Schools

  • Elementary School: Hills, Stella

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2012
Sold by
Ramirez Samuel and Ramirez Germaine
Bought by
Breone Llc
Current Estimated Value
$721,004

Purchase Details

Listed on
Apr 16, 2012
Closed on
May 8, 2012
Sold by
Delgadillo Properties Inc
Bought by
Ramirez Samuel and Ramirez Germaine
Seller's Agent
Darron Mason
eXp Realty - Bakersfield
Buyer's Agent
Roland Scholz
Unknown Broker
List Price
$234,900
Sold Price
$229,000
Premium/Discount to List
-$5,900
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%

Purchase Details

Closed on
Mar 2, 2011
Sold by
Louie Jeannie C
Bought by
Delgadillo Properties Inc

Purchase Details

Closed on
Jul 27, 2007
Sold by
Tran Tony and To Phuong
Bought by
Louie Jeannie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2005
Sold by
Swanson Kenneth N and Swanson Darla J
Bought by
Tran Tony and To Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
6.16%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 10, 2002
Sold by
Bernal Patricia and Johnston Charles J
Bought by
Bernal Patricia and Johnston Charles J

Purchase Details

Closed on
Jul 8, 2002
Sold by
Bernal Alejandro and Bernal Alejandro
Bought by
Bernal Patricia and Johnston Charles J

Purchase Details

Closed on
May 31, 2002
Sold by
Ansolabehere Marguerite and Bernal Alejandro
Bought by
Swanson Kenneth N and Swanson Darla J

Purchase Details

Closed on
Jun 20, 1993
Sold by
Bernal Alejandro and Bernal Katherine
Bought by
Bernal Alejandro and Bernal Katherine M
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
Breone Llc -- None Available
Ramirez Samuel $229,000 Chicago Title Company
Delgadillo Properties Inc $155,000 Chicago Title Company
Louie Jeannie C $530,000 Commonwealth Land Title
Tran Tony $500,500 Ticor Title
Bernal Patricia -- American Title Co
Bernal Patricia -- First American Title
Swanson Kenneth N $176,000 American Title Co
Bernal Alejandro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louie Jeannie C $420,000
Previous Owner Tran Tony $378,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2012 05/21/12 Sold $229,000 -2.5% $56 / Sq Ft
04/21/2012 04/21/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $234,900 -- $57 / 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 $5,789 $287,623 $37,676 $249,947
2024 $5,789 $281,985 $36,938 $245,047
2023 $5,646 $276,457 $36,214 $240,243
2022 $5,471 $271,037 $35,504 $235,533
2021 $5,093 $265,723 $34,808 $230,915
2020 $4,958 $263,000 $34,452 $228,548
2019 $4,863 $263,000 $34,452 $228,548
2018 $4,761 $252,789 $33,115 $219,674
2017 $4,725 $247,833 $32,466 $215,367
2016 $4,403 $242,975 $31,830 $211,145
2015 $4,364 $239,326 $31,352 $207,974
2014 $4,227 $234,639 $30,738 $203,901
Source: Public Records

Agents Affiliated with this Home

  • Darron Mason

    Seller's Agent in 2012

    Darron Mason

    eXp Realty - Bakersfield

    (661) 301-4040

    79 Total Sales

    Darron Mason
    Section Image

  • R

    Buyer's Agent in 2012

    Roland Scholz

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21204232

Bakersfield Association of REALTORS® / GEMLS

APN: 119-171-25-00-5

California Kern County Bakersfield 93301 Homaker Park

4505 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.
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