NOT LISTED FOR SALE

5701 Fairfax Rd Bakersfield, CA 93306

College Heights Neighborhood

Estimated Value: $632,000 - $754,934

12 Beds
8 Baths
4,613 Sq Ft
$153/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2017

Last sale price $420,000 $91 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,478 / mo

26 Days on Market

About This Home

As of December 2017

Wonderful fourplex opportunity in Northeast Bakersfield. Spacious floorplan with an average of 1,150 SF/unit (per Kern County Assessors). All 4 units are 3 bedroom/2 bathroom with amenities to include garages, laundry hookups and patios. Most interiors have been updated with a newly remodeled kitchen in Unit A. New water heaters and garage doors were installed for each unit in 2016 along with an exterior wrought iron fence placed around the property. Plus, a NEW roof has been installed in August 2017. Located near Hwy 178, in the upper NE area of Bakersfield. Built in 1988 with rents ranging between $800-$950/mo.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 10/25/2017

Last Buyer's Agent

Robert Zimmerman

eHomes of Bakersfield License #01242762

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 21,108 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 4,613 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 43909001

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $41,400
  • Net Operating Income $24,494

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0.48 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1988
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4613.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 21108.00
  • Parcel #: 43909001

Multi Family

  • Total Annual Expense: 14836.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 41400.00
  • Property Net Operating Income: 24494.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2019
Sold by
Bought by
Current Estimated Value
$707,984

Purchase Details

Listed on
Oct 25, 2017
Closed on
Dec 9, 2017
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Robert Zimmerman
eHomes of Bakersfield
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$315,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,300
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$420,000 Placer Title Co
$429,000 First American Title
$310,000 First American Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $315,000
Previous Owner $300,300
Closed $85,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2017 12/20/17 Sold $420,000 -2.1% $91 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $429,000 -- $93 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,115 $477,885 $85,335 $392,550
2024 $7,984 $468,515 $83,662 $384,853
2023 $7,803 $459,329 $82,022 $377,307
2022 $7,599 $450,323 $80,414 $369,909
2021 $7,199 $441,494 $78,838 $362,656
2020 $7,060 $436,968 $78,030 $358,938
2019 $6,922 $436,968 $78,030 $358,938
2018 $6,768 $420,000 $75,000 $345,000
2017 $6,485 $392,000 $78,000 $314,000
2016 $5,935 $380,000 $76,000 $304,000
2015 $5,573 $346,000 $52,000 $294,000
2014 $5,382 $338,000 $50,000 $288,000
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2017

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    11 in this area

    96 Total Sales

    Marc Thurston
    Section Image

  • R

    Buyer's Agent in 2017

    Robert Zimmerman

    eHomes of Bakersfield

    (661) 204-4123

    3 in this area

    27 Total Sales

    Robert Zimmerman
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21712427

Bakersfield Association of REALTORS® / GEMLS

APN: 439-090-01-00-8

California Kern County Bakersfield 93306 College Heights

5701 Fairfax Rd, Bakersfield, CA

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. 2026.

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