NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.42 Acres Lot

Sale Details

Date Sold: January 3, 2012

Last sale price $549,000

44 Days on Market

About This Home

As of January 2012

Bread and Butter units located on the NEC of 5th and Hst. Good central location. Stable operating history. Owner is making a few repairs to sharpen the appearance. All of the units are 2 bedroom 1 bath flats. There is a laundry room and Storage. The storage is being used by the owner. Here is the sweet spot; the owner will finance with 20% down at 6% amortized over 20 years. No loan fees of lender hassles and a quick close. Please don't disturb the Tenants they don't know these are for sale.

Last Agent to Sell the Property

John Willingham

New Concept Realty, Inc. License #00556588 Listed on: 10/21/2011

Last Buyer's Agent

Cecil Zimmerman

Unknown Broker License #01226423

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.42

Parking

  • 14 Car Parking Spaces
  • Uncovered Parking

Schools

  • Roosevelt Bak Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 2-Story Property
  • 18,128 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 00929101

Community Details

Overview

  • 14 Units

Building Details

  • Gross Income $92,400
  • Net Operating Income $44,474

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.42 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 14.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 18128.00
  • Parcel #: 00929101

Multi Family

  • Total Annual Expense: 31626.00
  • Vacancy Factor: 18.70
  • Number Of Units Total: 14
  • Annual Gross Income: 92400.00
  • Property Net Operating Income: 44474.00

MLS Schools

  • Elementary School: Roosevelt_Bak
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2012 01/03/12 Sold $549,000 -0.2% --
12/04/2011 12/04/11 Pending -- -- --
10/21/2011 10/21/11 For Sale $549,950 -- --
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 $12,839 $689,561 $62,796 $626,765
2024 $12,839 $676,041 $61,565 $614,476
2023 $12,502 $662,786 $60,358 $602,428
2022 $12,149 $649,791 $59,175 $590,616
2021 $11,390 $637,051 $58,015 $579,036
2020 $11,128 $630,520 $57,421 $573,099
2019 $10,973 $630,520 $57,421 $573,099
2018 $10,785 $606,039 $55,193 $550,846
2017 $10,761 $594,157 $54,111 $540,046
2016 $10,023 $582,507 $53,050 $529,457
2015 $9,955 $573,759 $52,254 $521,505
2014 $9,677 $562,521 $51,231 $511,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21112904

Bakersfield Association of REALTORS® / GEMLS
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