NOT LISTED FOR SALE
2 Beds
1 Bath
3,761 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: January 17, 2025

Last sale price $525,000 $140 Per Sq Ft

39 Days on Market

Highlights

  • 0.43 Acre Lot
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of January 2025

Rare investment GEM! Two dwellings totaling 4 units on one lot and room to add! Two addresses to the property 5 Northrup and 11 Northrup, 5 Northrup is a 3 unit building and 11 Northrup is next door as a stand alone unit. All units are 2 bedroom, 1 bathroom with street parking! Financials are all acccurate YTD from 1/1/24-10/11/24. All rents are below market with room to increase them substantially!

Last Agent to Sell the Property

Nik Boone

Ascend Real Estate and Propert License #01892266 Listed on: 10/11/2024

Last Buyer's Agent

Ricardo Corona

Homestead Real Estate License #02062565

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 18,730 Sq Ft Lot

Interior Spaces

  • 3,761 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Fremont Bak Elementary School
  • Sequoia Middle School
  • Mira Monte High School

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 01833031

Community Details

Overview

  • 4 Units
  • Mayflower Add Subdivision

Building Details

  • Gross Income $44,400
  • Net Operating Income $18,927

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0.43 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1939
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.4300
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3761.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat, Evaporative

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Sequoia

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 18730.00
  • Parcel #: 01833031

Multi Family

  • Total Annual Expense: 15882.27
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 44400.00
  • Property Net Operating Income: 18926.73

MLS Schools

  • Elementary School: Fremont_Bak

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 20, 2024
Sold by
Bought by
Seller's Agent
Nik Boone
Ascend Real Estate and Propert
Buyer's Agent
Ricardo Corona
Homestead Real Estate
List Price
$525,000
Sold Price
$525,000
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
0.0669%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,842,007
Interest Rate
0.0385%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 Placer Title
-- First American Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $393,750
Closed $2,842,007
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/17/2025 01/17/25 Sold $525,000 0.0% $140 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $525,000 0.0% $140 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $525,000 -- $140 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,154 $232,577 $44,305 $188,272
2024 $5,022 $228,018 $43,437 $184,581
2023 $5,022 $223,548 $42,586 $180,962
2022 $4,856 $219,165 $41,751 $177,414
2021 $4,484 $214,869 $40,933 $173,936
2020 $4,350 $212,667 $40,514 $172,153
2019 $4,267 $212,667 $40,514 $172,153
2018 $4,180 $204,411 $38,942 $165,469
2017 $4,147 $200,404 $38,179 $162,225
2016 $3,883 $196,476 $37,431 $159,045
2015 $3,488 $162,000 $24,000 $138,000
2014 $3,303 $152,000 $30,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202410457

Bakersfield Association of REALTORS® / GEMLS

APN: 018-330-31

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