NOT LISTED FOR SALE

5703 Castlegate Ln Unit A-D Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $724,000 - $853,000

12 Beds
12 Baths
4,561 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 01, 2012

Last sale price $312,000 $68 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $5,192/month

123 Days on Market

About This Home

As of February 2012

Great income property located in the desirable Northwest Bakersfield area, easy access to Hwy 99, each unit has a 2 car garage, private patio, interior laundry hookups and all four units have 3 bedrooms, 2.5 baths. This is not an REO or Short Sale. Just Reduced! Seller will look at all offers seriously.

Last Agent to Sell the Property

David Knoeb

Coldwell Banker Frontier License #01298345 Listed on: 09/01/2011

Coldwell Banker Frontier

Last Buyer's Agent

rommel givens

Watson Realty License #1122050

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 7,050 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

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

Schools

  • Beardsley Elementary And Middle School
  • Centennial High School

Listing and Financial Details

  • Assessor Parcel Number 36417068

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $45,600
  • Net Operating Income $31,506

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2000
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4561.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 7050.00
  • Parcel #: 36417068

Multi Family

  • Total Annual Expense: 11813.75
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 45600.00
  • Property Net Operating Income: 31506.25

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
Mora Javier F and Mora Rosa M
Bought by
Mora Javier F and Mora Rosa
Current Estimated Value
$810,738

Purchase Details

Closed on
Oct 5, 2021
Sold by
Teraoka Keith
Bought by
Mora Javier F and Mora Rosa M

Purchase Details

Listed on
Sep 1, 2011
Closed on
Jan 17, 2012
Sold by
Knoeb David C
Bought by
Teraoka Keith
Seller's Agent
David Knoeb
Coldwell Banker Frontier
Buyer's Agent
rommel givens
Watson Realty
List Price
$329,900
Sold Price
$312,000
Premium/Discount to List
-$17,900
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Closed on
Aug 31, 2011
Sold by
Yonan Sharil
Bought by
Knoeb David C

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
$197,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Mora Javier F -- None Listed On Document
Mora Javier F $630,000 Placer Title
Teraoka Keith $312,000 Chicago Title Company
Knoeb David C -- Chicago Title Company
Knoeb David C $225,000 None Available
Yonan Sharil $549,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yonan Sharil $197,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2012 02/01/12 Sold $312,000 -5.4% $68 / Sq Ft
01/02/2012 01/02/12 Pending -- -- --
09/01/2011 09/01/11 For Sale $329,900 -- $72 / 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 $11,325 $668,560 $159,181 $509,379
2024 $11,325 $655,452 $156,060 $499,392
2023 $11,054 $642,600 $153,000 $489,600
2022 $10,585 $630,000 $150,000 $480,000
2021 $7,109 $362,038 $46,411 $315,627
2020 $6,833 $358,327 $45,936 $312,391
2019 $6,771 $358,327 $45,936 $312,391
2018 $6,543 $344,414 $44,153 $300,261
2017 $6,420 $337,662 $43,288 $294,374
2016 $6,108 $331,042 $42,440 $288,602
2015 $5,942 $326,070 $41,803 $284,267
2014 $5,809 $319,684 $40,985 $278,699
Source: Public Records

Agents Affiliated with this Home

  • David Knoeb

    Seller's Agent in 2012

    David Knoeb

    Coldwell Banker Frontier

    (661) 205-9819

    34 Total Sales

    David Knoeb
    Section Image

  • r

    Buyer's Agent in 2012

    rommel givens

    Watson Realty

    1 in this area

    10 Total Sales

    rommel givens
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21110879

Bakersfield Association of REALTORS® / GEMLS

APN: 364-170-68-00-1

California Kern County Bakersfield 93308 Olive Drive Area

5703 Castlegate Ln Unit A-D, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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