NOT LISTED FOR SALE

Estimated Value: $833,000 - $1,035,000

10 Beds
8 Baths
4,431 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $525,000 $118 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,874/month

84 Days on Market

Highlights

  • Central Air
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of May 2017

NEWER Built in 2004 Four/Plex with double car garages, Air Condition, Tile roof, Fireplace and a small patio for BBQ Neighborhoods: BAKERSFIELD Other Fees: 0 Unit # for Unit 1: A Unit # for Unit 2: B Unit # for Unit 3: C Unit # for Unit 4: D Number of Furnished Units: 0

Last Agent to Sell the Property

Manuel Lopez

Casa Bonita Realty License #00670609 Listed on: 02/06/2017

Last Buyer's Agent

Manuel Lopez

Casa Bonita Realty License #00670609 Listed on: 02/06/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,555

Year Built

  • Built in 2004

Lot Details

  • 0.3

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Additional Features

  • 1-Story Property
  • Partially Fenced Property
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 49135018

Community Details

Overview

  • 4 Units
  • UNKNOWN

Building Details

  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,555

Year Built

Built in 2004

Lot Details

0

Listing Details

  • CapRate: 6.00
  • Park Name: UNKNOWN
  • Subdivision Name Other: Out Of Area
  • Property Type: Residential Income
  • Parcel Number: 49135018
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 47000.00
  • Net Operating Income: 24000.00
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Apr 11, 2017
Sold by
Lopez Armando and Lopez Leopoldo
Bought by
Hirtensteiner Gary Alan and Hirtensteiner Shelli Renee
Seller's Agent
Manuel Lopez
Casa Bonita Realty
Buyer's Agent
Manuel Lopez
Casa Bonita Realty
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$929,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,158
Avg. Annual Appreciation
6.97%
Original Mortgage
$345,000
Outstanding Balance
$286,223
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$642,935

Purchase Details

Closed on
Sep 29, 2009
Sold by
Lopez Leopoldo
Bought by
Lopez Leopoldo and Lopez Gloria

Purchase Details

Closed on
Dec 9, 2004
Sold by
Cartagena Group Ltd
Bought by
Lopez Armando and Lopez Leopoldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2004
Sold by
Lopez Natalia
Bought by
Lopez Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Lopez Gloria
Bought by
Lopez Leopoldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
North Country Meadows Inc
Bought by
Cartagena Group Ltd
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
Hirtensteiner Gary Alan $525,000 Chicago Title Company
Lopez Leopoldo -- None Available
Lopez Armando $555,000 Stewart Title
Lopez Armando -- Stewart Title
Lopez Leopoldo -- Stewart Title
Lopez Leopoldo -- Stewart Title
Cartagena Group Ltd $180,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirtensteiner Gary Alan $345,000
Previous Owner Lopez Armando $444,000
Closed Lopez Armando $55,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2017 05/10/17 Sold $525,000 0.0% $118 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $525,000 -- $118 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,555 $609,303 $81,238 $528,065
2024 $11,172 $597,357 $79,646 $517,711
2023 $11,172 $585,645 $78,085 $507,560
2022 $10,722 $574,162 $76,554 $497,608
2021 $10,334 $562,904 $75,053 $487,851
2020 $9,963 $557,133 $74,284 $482,849
2019 $9,836 $557,133 $74,284 $482,849
2018 $9,491 $535,500 $71,400 $464,100
2017 $9,467 $527,000 $105,000 $422,000
2016 $8,699 $520,000 $104,000 $416,000
2015 $7,031 $377,000 $57,000 $320,000
2014 $6,719 $354,500 $65,000 $289,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170006233

California Regional Multiple Listing Service (CRMLS)

APN: 491-350-18-00-5