NOT LISTED FOR SALE

49519 Michael Ave Tehachapi, CA 93561

Estimated Value: $277,786 - $650,000

4 Beds
2 Baths
1,344 Sq Ft
$329/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $119,000 $89 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $2,439/month

3 Days on Market

About This Home

As of March 2016

Investors act fast. This is a Duplex located in Ash village, close to schools and downtown shops. each unit offers 2 bedrooms and 1 full bath. Has a newer roof and one unit was completely redone a couple years ago. large driveway for parking with individual unit fencing, Low investment, with great returns!

Last Agent to Sell the Property

Leland Krelle

Unknown Broker License #01308255 Listed on: 02/18/2016

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 9,178 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Listing and Financial Details

  • Assessor Parcel Number 22321408

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $14,316
  • Net Operating Income $13,116

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

9,178 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1344.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered, Other

Utilities

  • Heatcool: Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 9178.00
  • Parcel #: 22321408

Multi Family

  • Total Annual Expense: 1200.00
  • Vacancy Factor: 100.00
  • Number Of Units Total: 2
  • Annual Gross Income: 14316.00
  • Property Net Operating Income: 13116.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 8, 2016
Sold by
Dees Justin
Bought by
Miller Howard Jonathan and The Miller Family Trust
Seller's Agent
Leland Krelle
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$441,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,697
Avg. Annual Appreciation
14.15%

Purchase Details

Closed on
Jan 27, 2014
Sold by
Bispo Virgil R and Bispo Barbara
Bought by
Dees Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,425
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2011
Sold by
U S Bank National Association
Bought by
Bispo Virgil R and Bispo Barbara

Purchase Details

Closed on
Dec 7, 2011
Sold by
Bank Of America National Association
Bought by
U S Bank National Association and Bank Of America National Association

Purchase Details

Closed on
Sep 13, 2010
Sold by
Smith David Lee
Bought by
Bank Of America National Association

Purchase Details

Closed on
Jan 17, 2006
Sold by
Smith David Lee and Smith David L
Bought by
Smith David Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2004
Sold by
Aguayo Ana Line
Bought by
Smith David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2000
Sold by
Aguayo Adan
Bought by
Aguayo Ana Line

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
7.54%

Purchase Details

Closed on
Oct 19, 2000
Sold by
Gongaware Family Tr and George J
Bought by
Aguayo Ana Line

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,500
Interest Rate
7.54%
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
Miller Howard Jonathan $116,500 Wfg National Title Company
Dees Justin $70,000 First American Title Company
Bispo Virgil R $45,000 Chicago Title Company
U S Bank National Association -- Chicago Title Company
Bank Of America National Association $68,714 Accommodation
Smith David Lee -- Ticor Title
Smith David L $135,000 Alliance Title
Aguayo Ana Line -- Chicago Title Insurance
Aguayo Ana Line $67,000 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dees Justin $52,425
Previous Owner Smith David Lee $176,000
Previous Owner Smith David L $121,500
Previous Owner Aguayo Ana Line $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2016 03/22/16 Sold $119,000 0.0% $89 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $119,000 -- $89 / 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 $1,956 $137,904 $29,591 $108,313
2024 $1,883 $135,201 $29,011 $106,190
2023 $1,883 $132,551 $28,443 $104,108
2022 $1,851 $129,953 $27,886 $102,067
2021 $1,751 $127,406 $27,340 $100,066
2020 $1,724 $126,100 $27,060 $99,040
2019 $1,723 $126,100 $27,060 $99,040
2018 $1,667 $121,206 $26,010 $95,196
2017 $1,661 $118,830 $25,500 $93,330
2016 $1,083 $72,485 $14,496 $57,989
2015 $1,038 $71,397 $14,279 $57,118
2014 $743 $46,107 $15,369 $30,738
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Leland Krelle

    Unknown Broker

  • N

    Buyer's Agent in 2016

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21602058

Bakersfield Association of REALTORS® / GEMLS

APN: 223-214-08-00-8

California Kern County Tehachapi 93561

49519 Michael Ave, Tehachapi, CA

Not Listed for Sale

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.
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