NOT LISTED FOR SALE

4508 Tierra Verde St Bakersfield, CA 93301

Homaker Park Neighborhood

Estimated Value: $520,000 - $744,000

9 Beds
6 Baths
4,150 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $390,000 $94 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,968/month

About This Home

As of October 2019

Investment opportunity on this amazing 4 plex in great central location. Each unit has its own garage, yard, and 2 units have had some recent updates. Has been managed by same rental company for years, this income property offers good rents and roof will be replaced with new composition roof with full price offer.

Last Agent to Sell the Property

Jeff Jackson

Jeff Jackson & Associates License #01257269 Listed on: 08/31/2019

Last Buyer's Agent

Randy Soliman

LPT Realty, Inc. License #02059762

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,182

Year Built

  • Built in 1982

Lot Details

  • 10,816

Parking

  • 4 Car Garage

Interior Spaces

  • 4,150 Sq Ft Home
  • 2-Story Property

Additional Features

  • 10,816 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 11917121

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $41,400
  • Net Operating Income $15,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,182

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1982
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4150.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 5.00
  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC

Lot Info

  • Lot Size Sq Ft: 10816.00
  • Parcel #: 11917121

Multi Family

  • Total Annual Expense: 26160.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 41400.00
  • Property Net Operating Income: 15900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Sheffield Summer
Bought by
Gebarah Joy
Current Estimated Value
$624,667

Purchase Details

Closed on
Aug 3, 2021
Sold by
Sheffield Alex
Bought by
Gebarah Joy

Purchase Details

Closed on
Mar 8, 2021
Sold by
Sheffield Summer
Bought by
Gebarah Joy

Purchase Details

Closed on
Mar 5, 2021
Sold by
Fahoum Siraj and Fahoum Pilar
Bought by
Gebarah Joy and Sheffield Alex

Purchase Details

Listed on
Aug 31, 2019
Closed on
Sep 19, 2019
Sold by
Davis Brian R and Block Davis Karen J
Bought by
Fahoum Siraj and Fahoum Pilar
Seller's Agent
Jeff Jackson
Jeff Jackson & Associates
Buyer's Agent
Randy Soliman
LPT Realty, Inc.
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%

Purchase Details

Closed on
Dec 7, 2012
Sold by
Davis Donna
Bought by
Davis Donna and Davis Living Trust

Purchase Details

Closed on
Mar 3, 2010
Sold by
Davis Brian R and Block Davis Karen
Bought by
Davis Brian R and Block Davis Karen J

Purchase Details

Closed on
Jan 2, 2003
Sold by
Davis Brian D and Davis Stephen W
Bought by
Davis Brian R and Block Davis Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
5.96%

Purchase Details

Closed on
Oct 9, 2000
Sold by
Davis Daniel V
Bought by
Davis Stephen W and Davis Brian R

Purchase Details

Closed on
Apr 6, 1995
Sold by
Davis William V and Davis Karen L
Bought by
Davis William V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,525
Interest Rate
8.81%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gebarah Joy -- Chicago Title Company
Gebarah Joy $180,000 Chicago Title Company
Gebarah Joy -- Chicago Title Company
Sheffield Alex -- Chicago Title Company
Gebarah Joy -- Chicago Title Company
Gebarah Joy $406,000 Chicago Title Company
Gebarah Joy $406,000 Chicago Title Company
Fahoum Siraj $390,000 Chicago Title Bakersfield
Davis Donna -- None Available
Davis Brian R -- None Available
Davis Brian R -- American Title
Davis Stephen W -- American Title
Davis William V -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Brian R $105,500
Previous Owner Davis William V $28,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $390,000 -2.5% $94 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
08/31/2019 08/31/19 For Sale $400,000 -- $96 / 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 $8,182 $495,114 $93,650 $401,464
2024 $8,182 $485,408 $91,815 $393,593
2023 $7,998 $475,891 $90,015 $385,876
2022 $7,792 $466,560 $88,250 $378,310
2021 $6,630 $394,040 $75,777 $318,263
2020 $6,493 $390,000 $75,000 $315,000
2019 $3,844 $176,929 $36,852 $140,077
2018 $3,768 $170,060 $35,422 $134,638
2017 $3,736 $166,727 $34,728 $131,999
2016 $3,514 $163,458 $34,047 $129,411
2015 $3,476 $161,004 $33,536 $127,468
2014 $3,369 $157,851 $32,880 $124,971
Source: Public Records

Agents Affiliated with this Home

  • Jeff Jackson

    Seller's Agent in 2019

    Jeff Jackson

    Jeff Jackson & Associates

    (661) 703-9800

    2 in this area

    484 Total Sales

    Jeff Jackson
    Section Image
  • Randy Soliman

    Buyer's Agent in 2019

    Randy Soliman

    LPT Realty, Inc.

    (661) 779-0500

    17 Total Sales

    Randy Soliman
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21910429

Bakersfield Association of REALTORS® / GEMLS

APN: 119-171-21-00-3

California Kern County Bakersfield 93301 Homaker Park

4508 Tierra 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.

Nearby Homes