NOT LISTED FOR SALE

515 4th St Taft, CA 93268

Estimated Value: $293,000 - $340,726

4 Beds
1 Bath
2,018 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $185,000 $92 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,258/month

100 Days on Market

About This Home

As of April 2020

CASH-COW Investment, clean Tri-plex!!! On Raised Foundation, 2 bedroom-1 bath home, plus a duplex, same lot. Located in center of Taft,near major downtown streets. In great shape, clean interior and 100% rented. Remodeling has been completed to 1 of the units. Professionally managed by local firm. Buy these bread + butter units. Rents can be higher.

Last Agent to Sell the Property

Juan Bustamante

Central Valley Property Adviso License #01880908 Listed on: 12/13/2019

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,403

Interior Spaces

  • 2,018 Sq Ft Home
  • 1-Story Property

Schools

  • Taft Elementary School
  • Lincoln Middle School
  • Taft High School

Additional Features

  • 6,403 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 03128012

Community Details

Overview

  • 3 Units
  • Southern Pacific Land Cos Subdivision

Building Details

  • Gross Income $23,100
  • Net Operating Income $16,376

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1957
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2018.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Evaporative

Schools

  • High School: Taft
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 6403.00
  • Parcel #: 03128012

Multi Family

  • Total Annual Expense: 6724.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Annual Gross Income: 23100.00
  • Property Net Operating Income: 16376.00

MLS Schools

  • Elementary School: Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Cruz Godis A Sanchez
Bought by
Wealth Engineering Llc
Current Estimated Value
$317,991

Purchase Details

Closed on
Feb 28, 2023
Sold by
Anguiano Raul
Bought by
Sanchez Cruz Godis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1993
Sold by
Robert E Weiss Inc
Bought by
Citicorp Mtg Inc and Citicorp Homeowners Services Inc
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

Date Buyer Sale Price Title Company
Wealth Engineering Llc -- None Listed On Document
Wealth Engineering Llc -- None Listed On Document
Sanchez Cruz Godis A $300,000 Chicago Title
Sanchez Cruz Godis A $300,000 Chicago Title
Citicorp Mtg Inc $50,084 Fidelity National Title
Citicorp Mtg Inc $50,084 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Cruz Godis A $239,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2020 04/21/20 Sold $185,000 -9.8% $92 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $205,000 -- $102 / 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 $7,098 $312,120 $36,414 $275,706
2024 $5,428 $306,000 $35,700 $270,300
2023 $5,428 $255,000 $35,700 $219,300
2022 $4,457 $190,653 $30,916 $159,737
2021 $4,159 $186,915 $30,310 $156,605
2020 $4,159 $146,560 $38,229 $108,331
2019 $2,961 $121,000 $25,000 $96,000
2018 $2,826 $110,000 $20,000 $90,000
2017 $2,799 $110,000 $20,000 $90,000
2016 $2,835 $110,000 $20,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21914139

Bakersfield Association of REALTORS® / GEMLS

APN: 031-280-12-00-3