NOT LISTED FOR SALE

Estimated Value: $394,513 - $507,000

5 Beds
3 Baths
2,028 Sq Ft
$216/Sq Ft Est. Value

Last Sold May 10, 2018

Last sale price $215,000 $106 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,813/month

19 Days on Market

About This Home

As of May 2018

Well maintained duplex in desirable SW location!! Take a look at this great investment opportunity with a total of approx 2,028 s.f. Unit A has a long term tenant that has been there for over 20 years and it is a 3 bedroom, 2 bath and rents for $820 per month. Seller stated she is an A++ tenant, so he was keeping the rent low for her. Unit B is a 2 bedroom, 1 bath and rents for $825 per month. Each unit has its own 2 car garage and laundry hook-ups. Lots of potential. Close to elementary school and park!

Last Agent to Sell the Property

Richard Winward

Coldwell Banker Preferred,RLT License #01311829 Listed on: 03/22/2018

Coldwell Banker Preferred,RLT

Last Buyer's Agent

Roger Herrick

Marc Luter Referral Office License #01486172

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,135

Year Built

  • Built in 1975

Lot Details

  • 6,969 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,028 Sq Ft Home
  • 1-Story Property

Schools

  • Castle Elementary School
  • Actis Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 35513112

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $1,111
  • Net Operating Income $1,111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,135

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1975
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2028.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage
  • Garages: 2

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Lot Size Sq Ft: 6969.00
  • Parcel #: 35513112

Multi Family

  • Total Annual Expense: 1111.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 1111.00
  • Property Net Operating Income: 1111.00

MLS Schools

  • Elementary School: Castle, C. H.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Apr 10, 2018
Sold by
Smith Edward William and Smith Jane Elizabeth
Bought by
Kumar Patel Dipali Girish and Doshi Yash K
Seller's Agent
Richard Winward
Coldwell Banker Preferred,RLT
Buyer's Agent
Roger Herrick
Marc Luter Referral Office
List Price
$219,950
Sold Price
$215,000
Premium/Discount to List
-$4,950
-2.25%
Current Estimated Value
$450,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,638
Avg. Annual Appreciation
11.08%
Original Mortgage
$161,250
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2010
Sold by
Smith Edward W and Smith Jane
Bought by
Smith Edward William and Smith Jane Elizabeth

Purchase Details

Closed on
Aug 25, 1998
Sold by
Smith Edward W
Bought by
Smith Edward W and Smith Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,974
Interest Rate
6.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Kumar Patel Dipali Girish $215,000 Placer Title Co
Smith Edward William -- None Available
Smith Edward W -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Dipali Girish Kumar $155,000
Closed Kumar Patel Dipali Girish $161,250
Previous Owner Smith Edward W $78,200
Previous Owner Smith Edward W $88,974
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $215,000 -2.3% $106 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $219,950 -- $108 / 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 $4,135 $244,629 $56,889 $187,740
2024 $4,064 $239,833 $55,774 $184,059
2023 $4,064 $235,131 $54,681 $180,450
2022 $3,894 $230,521 $53,609 $176,912
2021 $3,692 $226,002 $52,558 $173,444
2020 $3,606 $223,686 $52,020 $171,666
2019 $3,559 $223,686 $52,020 $171,666
2018 $2,937 $174,983 $38,482 $136,501
2017 $2,894 $171,553 $37,728 $133,825
2016 $2,732 $168,190 $36,989 $131,201
2015 $2,243 $125,000 $40,000 $85,000
2014 $2,293 $132,000 $30,000 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21803537

Bakersfield Association of REALTORS® / GEMLS

APN: 355-131-12-00-7