NOT LISTED FOR SALE

Estimated Value: $319,571 - $340,000

4 Beds
1 Bath
1,561 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $290,000 $186 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,247/month

94 Days on Market

About This Home

As of May 2023

Great investment property in Oildale! Two homes on one lot. Front home is a three-bedroom, one bath home. Back unit sits on top of a two-car garage and contains two bedrooms with one bathroom. Back unit was recently involved in a fire and was remodeled from head to toe with new insulation, new flooring, new roof, new kitchen cabinets and new electrical. Owner also obtained plans to convert the bottom garage to a living area as well. Plans available upon request. Photos are from when the properties were last vacant. Both tenants are in long term leases. Don't miss out on this great investment oppportunity!

Last Agent to Sell the Property

Ted Iturriria

Central Cal Management, Inc. License #01260033 Listed on: 01/11/2023

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,397

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,561 Sq Ft Home
  • 1-Story Property

Schools

  • Wingland Elementary School
  • Standard Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11308424

Community Details

Overview

  • 2 Units
  • Homecrest Subdivision

Building Details

  • Gross Income $26,100
  • Net Operating Income $12,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,397

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1946
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1561.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 3.00
  • Parking Features: Garage
  • Garages: 3

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Parcel #: 11308424

Multi Family

  • Total Annual Expense: 13177.29
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Annual Gross Income: 26100.00
  • Property Net Operating Income: 12922.71

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
May 15, 2023
Sold by
Escobar Lidia Mariana
Bought by
Diaz Mario Vinicio Jaci
Seller's Agent
Ted Iturriria
Central Cal Management, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$329,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,893
Avg. Annual Appreciation
5.77%
Original Mortgage
$255,202
Outstanding Balance
$248,564
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$81,018
Source: Public Records

Range of Values:

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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
Diaz Mario Vinicio Jaci -- Chicago Title Company
Diaz Mario Vinicio Jaci $290,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Mario Vinicio Jaci $255,202
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $290,000 -3.3% $186 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $299,900 +110.5% $192 / Sq Ft
11/02/2016 11/02/16 Sold $142,500 -5.0% $91 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $149,950 -- $96 / 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 $5,397 $301,716 $52,020 $249,696
2024 $5,397 $295,800 $51,000 $244,800
2023 $3,654 $159,516 $33,464 $126,052
2022 $3,450 $156,389 $32,808 $123,581
2021 $3,274 $153,323 $32,165 $121,158
2020 $3,126 $151,752 $31,836 $119,916
2019 $3,086 $151,752 $31,836 $119,916
2018 $2,970 $145,860 $30,600 $115,260
2017 $2,941 $143,000 $30,000 $113,000
2016 $1,759 $53,790 $10,450 $43,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202300329

Bakersfield Association of REALTORS® / GEMLS

APN: 113-084-24-00-5