NOT LISTED FOR SALE
-- Beds
-- Baths
-- Sq Ft
0.42 Acre 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

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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

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 21, 2011
Closed on
Nov 25, 2011
Sold by
Kemper William
Bought by
Seller's Agent
John Willingham
New Concept Realty, Inc.
Buyer's Agent
Cecil Zimmerman
Unknown Broker
List Price
$549,950
Sold Price
$549,000
Premium/Discount to List
-$950
-0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Outstanding Balance
$288,282
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 2000
Sold by
Kemper William and Kemper Marti Munis
Bought by
Kemper William

Purchase Details

Closed on
Jul 8, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Kemper William and Kemper Marti Munis

Purchase Details

Closed on
Sep 15, 1998
Sold by
Dhariwal P S and Dhariwal Mita B
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Feb 27, 1997
Sold by
Russell Michael D
Bought by
Dhariwal Mita B

Purchase Details

Closed on
Jul 29, 1994
Sold by
Mikalonis Gretchen Giles
Bought by
Mikalonis Clemence P

Purchase Details

Closed on
Jun 3, 1994
Sold by
Dhariwal Malkiat and Dhariwal Mita B
Bought by
Mikalonis Clemence P
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$549,000 Placer Title Company
Kemper William -- --
Kemper William $195,000 First American Title Co
Washington Mutual Bank Fa $171,000 Stewart Title
Dhariwal Mita B $284,392 --
Mikalonis Clemence P -- --
Mikalonis Clemence P -- --
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
Open $439,200
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
01/03/2012 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

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
2026 $13,071 $703,351 $64,051 $639,300
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

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21112904

Bakersfield Association of REALTORS® / GEMLS
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