NOT LISTED FOR SALE

551 E St Wasco, CA 93280

Estimated Value: $292,000 - $390,000

5 Beds
2 Baths
2,453 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $175,000 $71 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,037/month

125 Days on Market

About This Home

As of February 2019

GREAT investment opportunity! 4 Units will give you good residual income. Call today at this price they won't last long.

Last Agent to Sell the Property

Gloria Ortiz

Liberty One Real Estate Group License #01197136 Listed on: 09/05/2018

Last Buyer's Agent

Ricardo Paredes

Unknown Broker License #02032190

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 7,753 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,453 Sq Ft Home
  • 1-Story Property

Schools

  • James A. Forrest Elementary School
  • Jefferson Middle School
  • Wasco High School

Listing and Financial Details

  • Assessor Parcel Number 03018007

Community Details

Overview

  • 4 Units
  • Macrae Add Subdivision

Building Details

  • Gross Income $23,400
  • Net Operating Income $20,853

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1928
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2453.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Wasco
  • Middle Or Junior School: Jefferson, T.

Lot Info

  • Lot Size Sq Ft: 7753.00
  • Parcel #: 03018007

Multi Family

  • Total Annual Expense: 2546.62
  • Vacancy Factor: 25.00
  • Number Of Units Total: 4
  • Annual Gross Income: 23400.00
  • Property Net Operating Income: 20853.38

MLS Schools

  • Elementary School: James A. Forrest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2018
Sold by
Aguilera Sherrie and The Isidro Arrambide Living Tr
Bought by
Paredes Ricardo Daniel Neale and Paredes Shuang Liu
Current Estimated Value
$323,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 16, 2016
Sold by
Arrambide Isidro C
Bought by
The Isidro Arrambide Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paredes Ricardo Daniel Neale $175,000 Chicago Title Bakersfield
The Isidro Arrambide Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paredes Ricardo Daniel Neale $141,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2019 02/07/19 Sold $175,000 -12.5% $71 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
09/05/2018 09/05/18 For Sale $199,900 -- $81 / 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 $4,082 $292,872 $83,232 $209,640
2024 $4,082 $287,130 $81,600 $205,530
2023 $3,957 $281,500 $80,000 $201,500
2022 $2,791 $183,954 $42,046 $141,908
2021 $2,627 $180,348 $41,222 $139,126
2020 $2,627 $178,500 $40,800 $137,700
2019 $728 $29,082 $6,696 $22,386
2018 $728 $27,955 $6,437 $21,518
2017 $716 $27,408 $6,311 $21,097
2016 $685 $26,872 $6,188 $20,684
2015 $664 $26,470 $6,096 $20,374
2014 $649 $25,952 $5,977 $19,975
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21811002

Bakersfield Association of REALTORS® / GEMLS

APN: 030-180-07-00-3