NOT LISTED FOR SALE

Estimated Value: $343,000 - $454,000

4 Beds
2 Baths
1,710 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $187,500 $110 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,356/month

41 Days on Market

Highlights

  • Cul-De-Sac
  • Central Heating and Cooling System
  • Turnkey
  • Laundry Room
  • 2 Car Garage
  • Wood Fence

About This Home

As of June 2018

Start collecting rent today as you walk into this opportunity in North Bakersfield. Located in Highland Knolls this great looking duplex has gone through some recent updating and will provide a great opportunity for an investor to purchase a turn key property that has no issues and solid tenants in place. Each unit is 2 bedrooms/ 1 bathroom, washer/dryer hook ups, private patio, and 2 car garage. Recent paint outside and fence work give this building great curb appeal. Duplex next door at 4607 Orrick Ct is also for sale.

Last Agent to Sell the Property

Jason Rodriguez

RE/MAX GOLDEN EMPIRE License #01825023 Listed on: 04/03/2018

RE/MAX GOLDEN EMPIRE

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 9,818 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 3966
  • Assessor Parcel Number 4831001000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Water Sewer Expense $75
  • Operating Expense $2,760
  • Gross Income $19,200
  • Net Operating Income $17,064

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Highland Knolls
  • Water Sewer Expenses: 75.00
  • Zoning: R-2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4831001000
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 109.65

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac
  • Lot Size Sq Ft: 9818.00

Multi Family

  • Gross Income: 19200.00
  • Gross Operating Income: 18624.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 100.00
  • Net Operating Income: 17064.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1560.00
  • Rent Control: No
  • Total Expenses: 2760.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 1.01
  • Tax Lot: 27
  • Tax Tract Number: 3966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2019
Sold by
Demir Ari
Bought by
933 Edrick Llc
Current Estimated Value
$382,794

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 19, 2018
Sold by
Demir Anet
Bought by
Demir Ari
Seller's Agent
Jason Rodriguez
RE/MAX GOLDEN EMPIRE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$219,000
Sold Price
$187,500
Premium/Discount to List
-$31,500
-14.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$131,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2018
Closed on
May 15, 2018
Sold by
Ethier Gary C and Ethier Virginia L
Bought by
Demir Ari
Seller's Agent
Jason Rodriguez
RE/MAX GOLDEN EMPIRE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$219,000
Sold Price
$187,500
Premium/Discount to List
-$31,500
-14.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2007
Sold by
Ethier Gary C and Ethier Virginia L
Bought by
Ethier Gary C and Ethier Virginia L

Purchase Details

Closed on
Apr 27, 2004
Sold by
Csmf Property Management Corp
Bought by
Ethier Gary C and Ethier Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Townsend Cheryl Ann Ivanhoe and L F Ivanhoe Trust
Bought by
Csmf Property Management Corp

Purchase Details

Closed on
Apr 8, 1994
Sold by
Ivanhoe Ivanhoe L and Ivanhoe Helen V
Bought by
Ivanhoe Lytton F
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
933 Edrick Llc -- None Available
Demir Ari -- Chicago Title Bakersfield
Demir Ari $187,500 Chicago Title Co
Ethier Gary C -- None Available
Ethier Gary C $157,500 Ticor Title
Csmf Property Management Corp -- --
Ivanhoe Lytton F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demir Ari $131,250
Previous Owner Ethier Gary C $141,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2018 06/28/18 Sold $187,500 0.0% $110 / Sq Ft
06/22/2018 06/22/18 Sold $187,500 -14.4% $110 / Sq Ft View Prior Sale
05/23/2018 05/23/18 Pending -- -- --
05/14/2018 05/14/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $219,000 0.0% $128 / Sq Ft
03/15/2018 03/15/18 For Sale $219,000 -- $128 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,386 $213,338 $34,133 $179,205
2024 $4,232 $209,156 $33,464 $175,692
2023 $4,232 $205,056 $32,808 $172,248
2022 $4,025 $201,036 $32,165 $168,871
2021 $3,850 $197,095 $31,535 $165,560
2020 $3,688 $195,075 $31,212 $163,863
2019 $3,643 $195,075 $31,212 $163,863
2018 $3,582 $192,937 $36,746 $156,191
2017 $3,556 $189,155 $36,026 $153,129
2016 $3,289 $185,447 $35,320 $150,127
2015 $3,243 $182,662 $34,790 $147,872
2014 $3,166 $179,085 $34,109 $144,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18075641

California Regional Multiple Listing Service (CRMLS)

APN: 483-100-10-00-9