NOT LISTED FOR SALE

542 Willow Dr Bakersfield, CA 93308

Estimated Value: $400,485 - $573,000

8 Beds
2 Baths
3,904 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $229,000 $59 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,273/month

159 Days on Market

About This Home

As of November 2012

Excellent cash flow property. Quiet area near river and recreation center always rented. All units have 3 Bedrooms, private patios and laundry hook-ups. 10 parking spaces. Rents are below market value with up-side potential. Garbage and sewer included in property tax.

Last Agent to Sell the Property

William Mc Glumphy

Towne & Country Realty License #825184 Listed on: 05/08/2012

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 0.33 Acre Lot

Interior Spaces

  • 3,904 Sq Ft Home
  • 1-Story Property

Parking

  • 10 Car Parking Spaces
  • Uncovered Parking

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11511058

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $36,300
  • Net Operating Income $28,032

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1992
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3904.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 10.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 14175.00
  • Parcel #: 11511058

Multi Family

  • Total Annual Expense: 8268.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 36300.00
  • Property Net Operating Income: 28032.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2008
Sold by
Not Provided
Bought by
Lasalle Bank National Association and Morgan Stanley Mortgage Loan Trust 2006-
Current Estimated Value
$497,121

Purchase Details

Closed on
Feb 15, 2006
Sold by
Lesnak Edward G and Lesnak Annette
Bought by
Devries Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.08%
Mortgage Type
Stand Alone Second
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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Purchase History

Date Buyer Sale Price Title Company
Lasalle Bank National Association $255,000 None Available
Devries Scott $485,000 Public
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devries Scott $97,000
Previous Owner Devries Scott $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2012 11/13/12 Sold $229,000 -11.2% $59 / Sq Ft
10/14/2012 10/14/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $258,000 -- $66 / 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 $8,091 $390,150 $57,222 $332,928
2024 $7,862 $382,500 $56,100 $326,400
2023 $7,862 $375,000 $55,000 $320,000
2022 $6,204 $265,723 $46,411 $219,312
2021 $5,856 $260,513 $45,501 $215,012
2020 $5,856 $257,843 $45,035 $212,808
2019 $5,546 $257,843 $45,035 $212,808
2018 $5,354 $247,833 $43,287 $204,546
2017 $5,250 $242,975 $42,439 $200,536
2016 $5,010 $238,211 $41,607 $196,604
2015 $4,897 $234,634 $40,983 $193,651
2014 $4,791 $230,039 $40,181 $189,858
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    William Mc Glumphy

    Towne & Country Realty

    (661) 663-9068

    18 Total Sales

    William Mc Glumphy
    Section Image

  • N

    Buyer's Agent in 2012

    Non-Member Non-Member

    Non-Member Office

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21204775

Bakersfield Association of REALTORS® / GEMLS

APN: 115-110-58-00-8

California Kern County Bakersfield 93308

542 Willow Dr, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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