Wesley Willingham
New Concept Realty, Inc.
(661) 535-0987
56 Total Sales
3 in Oleander-Sunset
$240K - $300K Price Range
520 Olive St Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated Value: $716,832
3
Beds
2
Baths
4,238
Sq Ft
$169/Sq Ft
Est. Value
About This Home
As of January 2015Nice 4-Plex building modern-built in 1983, and now features brand new roof and exterior paint! Looks great! Each unit is 3 bedrooms and 2 bathrooms with over 1050 SF. Long-time owner has kept these units rented unusually low due to being out of the area and not wanting any turnover. Current rents are in the $650-700 range, but market rents for 3/2 units like these are easily in the $850-900 Range. Due to area desirability, you will always have a good quality pool of tenants in line. This area is known as the Sunset Oleander Area and is in fairly high demand by those tenants seeking a central location with Tree-lined Streets close to Downtown amenities. Shopping, schools and parks are all within walking distance.
Last Agent to Sell the Property
Keller Williams Realty License #00966411 Listed on: 11/19/2014
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1983
Lot Details
- 7,580 Sq Ft Lot
Interior Spaces
- 4,238 Sq Ft Home
- 2-Story Property
Parking
- Carport
- 6 Car Parking Spaces
- Uncovered Parking
Schools
- Penn Elementary School
- Emerson Middle School
- Bakersfield High School
Listing and Financial Details
- Assessor Parcel Number 00739103
Community Details
Overview
- 4 Units
Building Details
- Gross Income $32,700
- Net Operating Income $18,683
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
Closed on
Apr 22, 2015
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$177,562
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$539,270
Purchase Details
Closed on
Apr 3, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$177,562
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$539,270
Purchase Details
Listed on
Nov 19, 2014
Closed on
Jan 6, 2015
Sold by
Bought by
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Nik Boone
Ascend Real Estate and Propert
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$238,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 20, 2008
Sold by
Bought by
Purchase Details
Closed on
Apr 10, 2008
Sold by
Bought by
Purchase Details
Closed on
Feb 28, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oleander-Sunset, CA
-
Wesley Willingham
-
Paris Davis
Paris Davis
The Davis Group Real Estate, Inc.
(661) 426-8388
92 Total Sales
5 in Oleander-Sunset
$170K - $329K Price Range
-
Ryan Davidson
Ryan Davidson
SafeGuard Realty Investments
(661) 410-7680
102 Total Sales
2 in Oleander-Sunset
$510K - $735K Price Range
-
Sylvia Cable
Sylvia Cable
Watson Realty
(661) 427-2949
41 Total Sales
1 in Oleander-Sunset
$250,000 Price
-
Ernesto Osuna
Ernesto Osuna
Responds QuicklyD Best Realty, Inc.
(661) 451-5689
160 Total Sales
5 in Oleander-Sunset
$215K - $295K Price Range
-
Carlos Echegaray
Carlos Echegaray
EH Worldwide Realty
(805) 669-2237
43 Total Sales
1 in Oleander-Sunset
$344,500 Price
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 |
|---|---|---|---|
| -- | None Available | ||
| -- | Western Resources Title Co | ||
| $340,000 | Chicago Title Company | ||
| $121,000 | None Available | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $238,000 | ||
| Previous Owner | $238,000 |
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 |
|---|---|---|---|---|
| 01/20/2015 01/20/15 | Sold | $340,000 | -5.6% | $80 / Sq Ft |
| 12/21/2014 12/21/14 | Pending | -- | -- | -- |
| 11/19/2014 11/19/14 | For Sale | $360,000 | -- | $85 / 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 |
|---|---|---|---|---|
| 2026 | $7,309 | $416,791 | $42,900 | $373,891 |
| 2025 | $7,309 | $408,619 | $42,059 | $366,560 |
| 2024 | $7,018 | $400,608 | $41,235 | $359,373 |
| 2023 | $7,018 | $392,754 | $40,427 | $352,327 |
| 2022 | $6,824 | $385,054 | $39,635 | $345,419 |
| 2021 | $6,432 | $377,505 | $38,858 | $338,647 |
| 2020 | $6,295 | $373,635 | $38,460 | $335,175 |
| 2019 | $6,173 | $373,635 | $38,460 | $335,175 |
| 2018 | $6,037 | $359,127 | $36,967 | $322,160 |
| 2017 | $5,998 | $352,087 | $36,243 | $315,844 |
| 2016 | $5,546 | $345,184 | $35,533 | $309,651 |
| 2015 | $3,714 | $182,000 | $30,000 | $152,000 |
| 2014 | -- | $182,000 | $30,000 | $152,000 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Jordan
Seller's Agent in 2015
Philip Jordan
Keller Williams Realty
(805) 453-8353
16 in this area
131 Total Sales
-
Nik Boone
Buyer's Agent in 2015
Nik Boone
Ascend Real Estate and Propert
(661) 554-4531
104 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 21412340
APN: 007-391-03-00-9
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.
Information is deemed reliable but not guaranteed.
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