NOT LISTED FOR SALE

5701 Castlegate Ln Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $580,000 - $1,151,000

12 Beds
10 Baths
4,561 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $407,500 $89 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,464/month

28 Days on Market

About This Home

As of August 2014

Great investment opportunity 4-Plex located in a desirable NW gated community! All units are townhouse style with 3 bedrooms and 2.5 baths and 2 car garage. Each unit has its own laundry and private patio. Complex was built in 2000. Property to be sold as is.

Last Agent to Sell the Property

Carlos Padilla

Watson Realty License #01487576 Listed on: 06/25/2014

Co-Listed By

Pete Peralta

Miramar International-Riverwal License #1307225

Last Buyer's Agent

rommel givens

Watson Realty License #1122050

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,261

Year Built

  • Built in 2000

Lot Details

  • 8,526 Sq Ft Lot

Interior Spaces

  • 4,561 Sq Ft Home
  • 2-Story Property

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 36417069

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $45,600
  • Net Operating Income $30,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,261

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2000
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 6105
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4561.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 8526.00
  • Parcel #: 36417069

Multi Family

  • Total Annual Expense: 12800.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 45600.00
  • Property Net Operating Income: 30520.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2014
Closed on
Jul 21, 2014
Sold by
Dhillon Sukhamander S
Bought by
Narayan Prakash and Narayan Bonnie B
Seller's Agent
Carlos Padilla
Watson Realty
Buyer's Agent
rommel givens
Watson Realty
List Price
$449,000
Sold Price
$407,500
Premium/Discount to List
-$41,500
-9.24%
Current Estimated Value
$867,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,189
Avg. Annual Appreciation
7.13%
Original Mortgage
$305,625
Outstanding Balance
$233,803
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$636,854

Purchase Details

Closed on
Mar 20, 2009
Sold by
Dhillon Navneet K
Bought by
Dhillou Sukhmander S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,625
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2009
Sold by
Aurora Loan Services Llc
Bought by
Dhillon Sukhamander S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,625
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2008
Sold by
Alvarado Simon Gonzalez
Bought by
Aurora Loan Services

Purchase Details

Closed on
Oct 26, 2006
Sold by
Alvarado Simon Gonzales
Bought by
Chavez Edwin Alberto and Chavez Luz

Purchase Details

Closed on
Apr 4, 2006
Sold by
Avina Consuelo
Bought by
Alvarado Simon Gonzales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,750
Interest Rate
8.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2006
Sold by
Yonan Sharil
Bought by
Alvarado Simon Gonzales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,750
Interest Rate
8.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Nunn Brian and Estate Of Michael A Nunn
Bought by
Yonan Sharil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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
Narayan Prakash $407,500 Placer Title
Dhillou Sukhmander S -- Lsi Title Co Ca
Dhillon Sukhamander S $367,500 Lsi Title Co Ca
Aurora Loan Services $660,000 Accommodation
Chavez Edwin Alberto -- None Available
Alvarado Simon Gonzales -- Fidelity National Title Co
Alvarado Simon Gonzales $725,000 Fidelity National Title Co
Yonan Sharil $549,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayan Prakash $305,625
Previous Owner Dhillon Sukhmander S $260,410
Previous Owner Dhillon Sukhamander S $275,625
Previous Owner Alvarado Simon Gonzales $688,750
Previous Owner Alvarado Simon Gonzales $688,750
Previous Owner Yonan Sharil $356,850
Previous Owner Yonan Sharil $50,000
Previous Owner Magson Investment Company Inc $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $407,500 -9.2% $89 / Sq Ft
07/23/2014 07/23/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $449,000 -- $98 / 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 $9,261 $490,346 $60,089 $430,257
2024 $9,261 $480,732 $58,911 $421,821
2023 $9,017 $471,306 $57,756 $413,550
2022 $8,570 $462,066 $56,624 $405,442
2021 $8,222 $453,007 $55,514 $397,493
2020 $7,930 $448,363 $54,945 $393,418
2019 $7,859 $448,363 $54,945 $393,418
2018 $7,601 $430,954 $52,812 $378,142
2017 $7,465 $422,505 $51,777 $370,728
2016 $7,081 $414,221 $50,762 $363,459
2015 $6,882 $408,000 $50,000 $358,000
2014 $5,721 $312,000 $93,600 $218,400
Source: Public Records

Agents Affiliated with this Home

  • Carlos Padilla

    Seller's Agent in 2014

    Carlos Padilla

    Watson Realty

    (661) 859-5762

    6 in this area

    159 Total Sales

    Carlos Padilla
    Section Image
  • Pete Peralta

    Seller Co-Listing Agent in 2014

    Pete Peralta

    Miramar International-Riverwal

    (661) 805-1053

    3 in this area

    163 Total Sales

    Pete Peralta
    Section Image

  • r

    Buyer's Agent in 2014

    rommel givens

    Watson Realty

    1 in this area

    12 Total Sales

    rommel givens
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21406780

Bakersfield Association of REALTORS® / GEMLS

APN: 364-170-69-00-4

California Kern County Bakersfield 93308 Olive Drive Area

5701 Castlegate Ln, Bakersfield, CA

This home is located at 5701 Castlegate Ln, Bakersfield, CA 93308 since 25 June 2014 and is currently estimated at $867,689, approximately $190 per square foot. This property was built in 2000. 5701 Castlegate Ln is a home located in Kern County with nearby schools including San Lauren Elementary School, Beardsley Junior High School, and North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

Nearby Homes