NOT LISTED FOR SALE

524 Sequoia Dr Bakersfield, CA 93308

Estimated Value: $436,000 - $462,000

8 Beds
2 Baths
3,000 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $215,000 $72 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,034/month

28 Days on Market

About This Home

As of September 2016

Two duplexes on corner lot in central Oildale next to the Oildale Mutual Water District property. This is a high demand rental area. Two bedroom and 1 bath units with laundry hookups. Great corner location with off street parking in between the duplexes. Low rents, room for growth. Built 1978. Rent range is $475-$595

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 08/15/2016

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 08/15/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.34 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 11417206

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $26,580
  • Net Operating Income $12,451

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1978
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3000.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 14899.00
  • Parcel #: 11417206

Multi Family

  • Total Annual Expense: 12800.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 26580.00
  • Property Net Operating Income: 12451.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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
09/12/2016 09/12/16 Sold $215,000 -2.3% $72 / Sq Ft
08/15/2016 08/15/16 For Sale $220,000 -- $73 / 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 $6,194 $226,308 $58,026 $168,282
2024 $6,194 $221,872 $56,889 $164,983
2023 $5,989 $217,523 $55,774 $161,749
2022 $5,575 $213,259 $54,681 $158,578
2021 $5,227 $209,078 $53,609 $155,469
2020 $4,981 $206,935 $53,060 $153,875
2019 $4,930 $206,935 $53,060 $153,875
2018 $4,756 $198,900 $51,000 $147,900
2017 $4,659 $195,000 $50,000 $145,000
2016 $4,797 $220,000 $44,000 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21609795

Bakersfield Association of REALTORS® / GEMLS

APN: 114-172-06-00-2