$500,000
SOLD FEB 7, 2025

4816 Summertree Ln Bakersfield, CA 93309

Southwest Bakersfield Neighborhood
-- Bed
-- Bath
2,454 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$204 Per Sq Ft

9% Below List Price

83 Days on Market

About This Home

As of February 2025

Pride of Ownership triplex in South West Bakersfield, newer roof on all units, all units have central A/C, each unit has one car garage and indoor laundry. Long term tenants and all 3 units are kept in really good shape.

Last Agent to Sell the Property

Jesus Garcia

The Mora Partners Inc. License #01435440 Listed on: 10/17/2024

Last Buyer's Agent

YA MEEK

Coldwell Banker Preferred,RLT License #01310942

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Interior Spaces

  • 2,454 Sq Ft Home
  • 1-Story Property

Schools

  • Stine Elementary School
  • Thompson Middle School
  • West High School

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 44021101

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $36,600
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1972
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.2000
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2454.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: 3 liv un on 1 parcel
  • Lot Size Sq Ft: 8712.00
  • Parcel #: 44021101

Multi Family

  • Total Annual Expense: 3000.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 36600.00
  • Property Net Operating Income: 33600.00

MLS Schools

  • Elementary School: Stine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Jan 14, 2025
Sold by
Luis Herrera and Luis Elizabeth Herrera
Bought by
Xiao Quping and Giang Ngoc Phoi
Seller's Agent
Jesus Garcia
The Mora Partners Inc.
Buyer's Agent
YA MEEK
Coldwell Banker Preferred,RLT
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
54
Current Estimated Value
$509,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,892
Avg. Annual Appreciation
2.25%
Original Mortgage
$250,000
Outstanding Balance
$248,277
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$261,615

Purchase Details

Closed on
Mar 16, 2005
Sold by
Herrera Luis and Herrera Elizabeth
Bought by
Herrera Luis and Herrera Elizabeth

Purchase Details

Closed on
Aug 18, 2003
Sold by
Foley David L and Foley Tammy J
Bought by
Herrera Luis and Herrera Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $500,000 Placer Title
Interfamily Deed Transfer -- --
Grant Deed $255,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $204,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $500,000 -5.6% $204 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
11/24/2024 11/24/24 Price Changed $529,900 -3.7% $216 / Sq Ft
10/17/2024 10/17/24 For Sale $550,000 -- $224 / 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 $6,149 $362,533 $56,858 $305,675
2024 $6,149 $355,426 $55,744 $299,682
2023 $6,042 $348,457 $54,651 $293,806
2022 $5,789 $341,626 $53,580 $288,046
2021 $5,488 $334,929 $52,530 $282,399
2020 $5,359 $331,496 $51,992 $279,504
2019 $5,289 $331,496 $51,992 $279,504
2018 $5,069 $318,625 $49,974 $268,651
2017 $4,995 $312,379 $48,995 $263,384
2016 $4,702 $306,255 $48,035 $258,220
2015 $4,656 $301,656 $47,314 $254,342
2014 $4,541 $295,748 $46,388 $249,360
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jesus Garcia

    The Mora Partners Inc.

    5 in this area

    48 Total Sales

    Jesus Garcia
    Section Image

  • Y

    Buyer's Agent in 2025

    YA MEEK

    Coldwell Banker Preferred,RLT

    (661) 616-3600

    3 in this area

    64 Total Sales

    YA MEEK
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202410726

Bakersfield Association of REALTORS® / GEMLS

APN: 440-211-01-00-9

California Kern County Bakersfield 93309 Southwest Bakersfield

4816 Summertree Ln, Bakersfield, CA

Sold

MultiFamily

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.

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