NOT LISTED FOR SALE

517 Wilson Ave Bakersfield, CA 93308

Estimated Value: $411,633 - $445,000

6 Beds
3 Baths
2,160 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $396,000 $183 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,874/month

94 Days on Market

About This Home

As of November 2023

Please do not disturb the tenants! Long term tenants, two of the units have granite counter tops and vinyl plank flooring, stainless steal appliances, well maintain property with pride of ownership. Close to shopping. All three A/C Unit installed after 9/2021, unit A 8/2022, unit B 9/2021, unit C 5/2022, in 6/2019 install new Roof, Fascia boards, and Windows.

Last Agent to Sell the Property

David Knoeb

Coldwell Banker Frontier License #01298345 Listed on: 07/28/2023

Coldwell Banker Frontier

Last Buyer's Agent

YA MEEK

Coldwell Banker Preferred,RLT License #01310942

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 6,098 Sq Ft Lot

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Car Parking Spaces
  • Uncovered Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 11308204

Community Details

Overview

  • 3 Units
  • Homecrest Subdivision

Building Details

  • Gross Income $31,380
  • Net Operating Income $22,862

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1981
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2160.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 3.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Parcel #: 11308204

Multi Family

  • Total Annual Expense: 8518.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 3
  • Annual Gross Income: 31380.00
  • Property Net Operating Income: 22862.00

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Nov 1, 2023
Sold by
David And Joanna Knoeb 2007 Trust
Bought by
Giang Huy Gia and Dao Thu T
Seller's Agent
David Knoeb
Coldwell Banker Frontier
Buyer's Agent
YA MEEK
Coldwell Banker Preferred,RLT
List Price
$475,000
Sold Price
$396,000
Premium/Discount to List
-$79,000
-16.63%
Views
291
Current Estimated Value
$430,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,158
Avg. Annual Appreciation
3.96%
Original Mortgage
$297,000
Outstanding Balance
$291,946
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$138,212

Purchase Details

Closed on
May 27, 2020
Sold by
Frontier Real Estate Services Inc
Bought by
Knoeb David Carlos and Knoeb Joanna Della

Purchase Details

Closed on
Mar 7, 2019
Sold by
Gentry Linda
Bought by
Frontier Real Estate Services Inc

Purchase Details

Closed on
Aug 13, 2009
Sold by
Priest Linda
Bought by
Priest Linda and Linda Priest Family Revocable Trust

Purchase Details

Closed on
Sep 6, 2000
Sold by
Cal State Bakersfield Foundation
Bought by
Priest Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.89%

Purchase Details

Closed on
Dec 27, 1999
Sold by
Chan Chee Mok and Chan Millie
Bought by
Cal State Bakersfield Foundation

Purchase Details

Closed on
Aug 13, 1997
Sold by
Chan Chee Mok and Chan Millie K
Bought by
Chan Chee Mok and Chan Millie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,218
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1996
Sold by
Chan Chee Mok and Chan Millie K N
Bought by
Chan Chee Mok and Chan Millie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Giang Huy Gia $396,000 Chicago Title Company
Knoeb David Carlos -- Chicago Title
Frontier Real Estate Services Inc $395,000 Chicago Title Company
Priest Linda -- None Available
Priest Linda $75,000 American Title Co
Cal State Bakersfield Foundation -- American Title Co
Chan Chee Mok -- Stewart Title
Chan Chee Mok -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giang Huy Gia $297,000
Previous Owner Priest Linda $67,500
Previous Owner Chan Chee Mok $60,218
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $396,000 -7.7% $183 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $429,000 -2.3% $199 / Sq Ft
08/07/2023 08/07/23 Price Changed $439,000 -7.6% $203 / Sq Ft
07/28/2023 07/28/23 For Sale $475,000 -- $220 / 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 $7,485 $403,920 $61,200 $342,720
2024 $4,958 $396,000 $60,000 $336,000
2023 $4,958 $198,354 $32,165 $166,189
2022 $4,656 $194,466 $31,535 $162,931
2021 $4,395 $190,654 $30,917 $159,737
2020 $4,184 $188,700 $30,600 $158,100
2019 $3,100 $103,319 $20,658 $82,661
2018 $2,979 $99,308 $19,856 $79,452
2017 $2,932 $97,362 $19,467 $77,895
2016 $2,778 $95,454 $19,086 $76,368
2015 $2,745 $94,021 $18,800 $75,221
2014 $2,694 $92,180 $18,432 $73,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202306344

Bakersfield Association of REALTORS® / GEMLS

APN: 113-082-04-00-3