NOT LISTED FOR SALE

514 Sunset Ave Shafter, CA 93263

Shafter Area

Estimated Value: $460,000 - $479,000

9 Beds
1 Bath
3,056 Sq Ft
$154/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2021

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

Est. 27% increase in value since last sale

Current estimated payment $3,005 / mo

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

  • 15,000 Sq Ft 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

0.34 Acres

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

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
Apr 9, 2021
Closed on
May 18, 2021
Sold by
Bought by
Seller's Agent
Coleen Peters
Coldwell Banker Preferred,RLT
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$470,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,175
Avg. Annual Appreciation
4.74%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Bought by
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$370,000 Ticor Title Company
-- None Available
-- None Available
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
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

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
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

    62 Total Sales

    Coleen Peters
    Section Image
  • Kevin Peters

    Seller Co-Listing Agent in 2021

    Kevin Peters

    Coldwell Banker Preferred,RLT

    (661) 900-5230

    87 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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