NOT LISTED FOR SALE

511 Oildale Dr Unit A&B Bakersfield, CA 93308

Estimated Value: $217,000 - $300,000

6 Beds
2 Baths
1,690 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $110,000 $65 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,660/month

26 Days on Market

About This Home

As of January 2016

Attractive Duplex with positive cash flow, long term tenant. Off street parking for four vehicles with separate yards. Newer appliances and interior paint, window coverings and flooring.

Last Agent to Sell the Property

Keith Barnden

Unknown Broker License #01410222 Listed on: 11/13/2015

Last Buyer's Agent

Oppy Oppelt

The Cope Real Estate Team License #01457263

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 6,781 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11412119

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,800
  • Net Operating Income $9,600

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2000
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1690.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 6781.00
  • Parcel #: 11412119

Multi Family

  • Total Annual Expense: 7200.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.00
  • Property Net Operating Income: 9600.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2015
Closed on
Jan 5, 2016
Sold by
Colitti Jeffrey and Barnden Marsha
Bought by
Rice Garrett and Rice Alicia
Seller's Agent
Keith Barnden
Unknown Broker
Buyer's Agent
Oppy Oppelt
The Cope Real Estate Team
List Price
$125,500
Sold Price
$110,000
Premium/Discount to List
-$15,500
-12.35%
Current Estimated Value
$271,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,141
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Jan 6, 2010
Sold by
Colitti Aileen
Bought by
Colitti Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2009
Sold by
Unger Charles F
Bought by
Colitti Jeffrey and Barnden Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2007
Sold by
Under Carolyn D
Bought by
Unger Charles F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2007
Sold by
Cuts Properties Llc
Bought by
Unger Charles F and Unger Carolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Unger Charles F and Unger Carolyn D
Bought by
Cuts Properties Llc Oildale Division Two

Purchase Details

Closed on
Aug 14, 2002
Sold by
Emery Charla J
Bought by
Unger Charles F and Unger Carolyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.29%

Purchase Details

Closed on
Jun 5, 2000
Sold by
Emery Thomas K
Bought by
Emery Charla J

Purchase Details

Closed on
Mar 27, 2000
Sold by
Hoffmann William J
Bought by
David Michael E

Purchase Details

Closed on
Dec 15, 1998
Sold by
U S Bank National Assn
Bought by
Hoffmann William J

Purchase Details

Closed on
Dec 7, 1998
Sold by
Hoffmann Susan
Bought by
Hoffmann William J

Purchase Details

Closed on
Nov 16, 1998
Sold by
Massie Retha J
Bought by
Cityscape Home Equity Loan Trust 1997-C

Purchase Details

Closed on
Apr 10, 1997
Sold by
Hoopiani Deborah and Seamster Gladys
Bought by
Massie Retha Juanita

Purchase Details

Closed on
Mar 14, 1996
Sold by
Massie Retha Juanita
Bought by
Retha Juanita Massie Family Trust
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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Purchase History

Date Buyer Sale Price Title Company
Rice Garrett $110,000 First American Title Company
Colitti Jeffrey -- Placer Title Company
Colitti Jeffrey $55,000 Placer Title Company
Unger Charles F -- Commonwealth Land Title Co
Unger Charles F -- Commonwealth Land Title Co
Cuts Properties Llc Oildale Division Two -- None Available
Unger Charles F $92,000 Fidelity National Title Co
Emery Charla J -- --
Emery Charla J -- --
David Michael E $6,000 American Title Co
Hoffmann William J $8,000 --
Hoffmann William J -- --
Cityscape Home Equity Loan Trust 1997-C $5,000 Fidelity National Title
Cityscape Home Equity Trust 1997 C $5,000 Fidelity Title Co
Massie Retha Juanita -- Chicago Title Insurance
Retha Juanita Massie Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colitti Jeffrey $41,250
Previous Owner Unger Charles F $171,500
Previous Owner Unger Charles F $73,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2016 01/08/16 Sold $110,000 -12.4% $65 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/13/2015 11/13/15 For Sale $125,500 -- $74 / 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 $3,072 $130,210 $35,511 $94,699
2024 $2,975 $127,658 $34,815 $92,843
2023 $2,975 $125,156 $34,133 $91,023
2022 $2,776 $122,703 $33,464 $89,239
2021 $2,612 $120,298 $32,808 $87,490
2020 $2,495 $119,065 $32,472 $86,593
2019 $2,470 $119,065 $32,472 $86,593
2018 $2,384 $114,444 $31,212 $83,232
2017 $2,341 $112,200 $30,600 $81,600
2016 $1,644 $59,968 $21,806 $38,162
2015 $1,614 $59,068 $21,479 $37,589
2014 $1,582 $57,912 $21,059 $36,853
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Keith Barnden

    Unknown Broker

  • O

    Buyer's Agent in 2016

    Oppy Oppelt

    The Cope Real Estate Team

    6 Total Sales

    Oppy Oppelt
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21513524

Bakersfield Association of REALTORS® / GEMLS

APN: 114-121-19-00-8

California Kern County Bakersfield 93308

511 Oildale Dr Unit A&B, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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