NOT LISTED FOR SALE

514 Sunset Ave Shafter, CA 93263

Estimated Value: $468,964 - $526,000

9 Beds
1 Bath
3,056 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $370,000 $121 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,054/month

11 Days on Market

About This Home

As of May 2021

Very desireable 4 separate units all on one lot. Professionally managed and well maintained. There are three 2 bedroom, 1 bath units and one 3 bedroom, 1 bath unit and off street parking. Several have fenced yards. Long term tenants and rarely a vacancy. Rents are low. Market rents should be approx $850 to $950. Upside is to add covered parking and storage.

Last Agent to Sell the Property

Coleen Peters

Coldwell Banker Preferred,RLT License #829354 Listed on: 04/09/2021

Coldwell Banker Preferred,RLT

Co-Listed By

Kevin Peters

Coldwell Banker Preferred,RLT License #01471707

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.34 Acre Lot

Interior Spaces

  • 3,056 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Richland Middle School
  • Shafter High School

Listing and Financial Details

  • Assessor Parcel Number 02712012

Community Details

Overview

  • 4 Units
  • Sales Map/Kern Count Subdivision

Building Details

  • Gross Income $36,600
  • Net Operating Income $19,898

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 6198
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3056.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Shafter
  • Middle Or Junior School: Richland

Lot Info

  • Lot Size Sq Ft: 15000.00
  • Parcel #: 02712012

Multi Family

  • Total Annual Expense: 15668.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 36600.00
  • Property Net Operating Income: 19898.00

MLS Schools

  • Elementary School: Other-Outlying

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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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
05/20/2021 05/20/21 Sold $370,000 -1.3% $121 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $375,000 -- $123 / 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 $400,498 $75,769 $324,729
2024 $5,214 $392,646 $74,284 $318,362
2023 $5,214 $384,948 $72,828 $312,120
2022 $5,070 $377,400 $71,400 $306,000
2021 $3,068 $220,079 $34,431 $185,648
2020 $2,933 $217,823 $34,078 $183,745
2019 $2,928 $217,823 $34,078 $183,745
2018 $2,827 $209,366 $32,755 $176,611
2017 $2,813 $205,262 $32,113 $173,149
2016 $2,649 $200,000 $40,000 $160,000
2015 $1,021 $57,000 $9,000 $48,000
2014 $2,402 $183,000 $35,000 $148,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Coleen Peters

    Coldwell Banker Preferred,RLT

    (661) 747-9001

    1 in this area

    69 Total Sales

    Coleen Peters
    Section Image
  • Kevin Peters

    Seller Co-Listing Agent in 2021

    Kevin Peters

    Coldwell Banker Preferred,RLT

    (661) 900-5230

    1 in this area

    84 Total Sales

    Kevin Peters
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202103861

Bakersfield Association of REALTORS® / GEMLS

APN: 027-120-12-00-5

California Kern County Shafter 93263

514 Sunset Ave, Shafter, 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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