NOT LISTED FOR SALE

5615 Wilson Rd Unit A & B Bakersfield, CA 93309

Spice Neighborhood

Estimated Value: $435,439 - $525,000

4 Beds
3 Baths
2,028 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 10, 2022

Last sale price $400,000 $197 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,032/month

About This Home

As of August 2022

Whether you are looking to start your investment portfolio or looking to expand your portfolio, this duplex is an investor's dream! Both units are currently rented out with long-term tenants. Unit A features two bedrooms, two bathrooms, separate living and kitchen area with a few upgrades such as new flooring and paint throughout. Unit B has a long-time tenant, two bedrooms, and one bathroom. Each unit has its private yard with laundry hookups as well. DO not hesitate on this one! Won't last long.

Last Agent to Sell the Property

Madison Hunt

Lockhart Real Estate Advisors License #02054806 Listed on: 07/01/2022

Last Buyer's Agent

Judd Welte

Keller Williams Realty License #02025867

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,168

Year Built

  • Built in 1976

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 35513106

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $27,000
  • Net Operating Income $19,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,168

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1976
  • 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: 4.00
  • Parking Features: Garage, Other
  • 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 #: 35513106

Multi Family

  • Total Annual Expense: 7500.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 2
  • Annual Gross Income: 27000.00
  • Property Net Operating Income: 19500.00

MLS Schools

  • Elementary School: Castle, C. H.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 10, 2022
Sold by
Edgmon Family Trust
Bought by
Leon Roman
Seller's Agent
Madison Hunt
Lockhart Real Estate Advisors
Buyer's Agent
Judd Welte
Keller Williams Realty
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$476,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,860
Avg. Annual Appreciation
5.78%
Original Mortgage
$392,755
Outstanding Balance
$376,544
Interest Rate
5.7%
Mortgage Type
FHA
Estimated Equity
$100,316

Purchase Details

Closed on
Mar 29, 2021
Sold by
Edgmon Thomas Dean and Edgmon Sara Knight
Bought by
Edgmon Family Trust and Edgmon

Purchase Details

Closed on
Dec 17, 2020
Sold by
Carr Christopher K and Carr Irrevocable Trust
Bought by
Edgmon Sara K

Purchase Details

Closed on
Aug 14, 2015
Sold by
Car Carr Christopher K and Car John Ross
Bought by
Carr Christopher K and Carr Irrevocable Trust

Purchase Details

Closed on
Dec 6, 1999
Sold by
Carr John Ross and Carr Virginia K
Bought by
Knight Carr John Ross and Knight Carr Virginia
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
Leon Roman $400,000 Ticor Title
Edgmon Family Trust -- Manolakas George
Edgmon Sara K -- None Available
Carr Christopher K -- None Available
Knight Carr John Ross -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Roman $392,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2022 08/10/22 Sold $400,000 0.0% $197 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $400,000 -- $197 / 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 $6,168 $416,160 $72,828 $343,332
2024 $6,076 $408,000 $71,400 $336,600
2023 $6,076 $400,000 $70,000 $330,000
2022 $2,678 $129,194 $21,289 $107,905
2021 $2,489 $126,662 $20,872 $105,790
2020 $2,413 $125,364 $20,658 $104,706
2019 $2,380 $125,364 $20,658 $104,706
2018 $2,291 $120,497 $19,856 $100,641
2017 $2,258 $118,135 $19,467 $98,668
2016 $2,144 $115,820 $19,086 $96,734
2015 $2,119 $114,081 $18,800 $95,281
2014 $2,066 $111,847 $18,432 $93,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202207405

Bakersfield Association of REALTORS® / GEMLS

APN: 355-131-06-00-0