NOT LISTED FOR SALE

5718 Castlegate Ln Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $470,753 - $553,000

6 Beds
5 Baths
2,782 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $372,000 $134 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,240/month

21 Days on Market

About This Home

As of May 2021

Well-maintained duplex built in 2003 in the highly sought-out Olive Drive Area. Each unit features a 3 bedroom, 2.5 bath, private yard, W/D hookups, and 2-car garage. Great investment opportunity with strong appreciation. Add to your portfolio today!

Last Agent to Sell the Property

Rebecca Guardado

LPT Realty, Inc. License #02021862 Listed on: 03/24/2021

LPT Realty, Inc.

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Car Garage
  • Uncovered Parking

Schools

  • San Lauren Elementary School
  • Beardsley Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 36417071

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $24,000
  • Net Operating Income $19,293

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2003
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 2782.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Garage, Uncovered
  • Garages: 2

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 7841.00
  • Parcel #: 36417071

Multi Family

  • Total Annual Expense: 4707.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 24000.00
  • Property Net Operating Income: 19293.00

MLS Schools

  • Elementary School: San Lauren

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 12, 2021
Sold by
Sidhu Ritam
Bought by
Sidhu Sukhpreet
Seller's Agent
Rebecca Guardado
LPT Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$370,000
Sold Price
$372,000
Premium/Discount to List
$2,000
0.54%
Current Estimated Value
$518,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,188
Avg. Annual Appreciation
7.31%

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 11, 2021
Sold by
Dhillon Navneet K
Bought by
Dhillon Sukhmander S
Seller's Agent
Rebecca Guardado
LPT Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$370,000
Sold Price
$372,000
Premium/Discount to List
$2,000
0.54%

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 20, 2021
Sold by
Dhillon Sukhmander S and Sidhu Sukpreet
Bought by
Halcyon United Holding Llc
Seller's Agent
Rebecca Guardado
LPT Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$370,000
Sold Price
$372,000
Premium/Discount to List
$2,000
0.54%

Purchase Details

Closed on
May 23, 2016
Sold by
Dhillon Sukhmander S
Bought by
Dhillon Sukhmander S and Sidhu Sukhpreet

Purchase Details

Closed on
Jun 17, 2015
Sold by
Dhillon Navneet K
Bought by
Dhillon Sukhmander S

Purchase Details

Closed on
Aug 7, 2006
Sold by
Garcia Gustavo G and Garcia Leticia M
Bought by
Garcia Gustavo G and Garcia Leticia M

Purchase Details

Closed on
Jun 10, 2004
Sold by
Sanchez Carlos and Sanchez Juana Patricia
Bought by
Garcia Gustavo G and Garcia Leticia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2003
Sold by
Schimnowski Donald Jay and Schimnowski Carolyn Sue
Bought by
Schimnowski Donald Jay and Schimnowski Carolyn Sue

Purchase Details

Closed on
Jun 21, 2002
Sold by
Young Pauline and The Young Family Trust B
Bought by
Sanchez Carlos and Sanchez Juana Patricia
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
Sidhu Sukhpreet -- Placer Title
Dhillon Sukhmander S -- Placer Title
Halcyon United Holding Llc $372,000 Placer Title
Dhillon Sukhmander S -- None Available
Dhillon Sukhmander S -- Ticor Title Company
Dhillon Sukhmander S $200,000 Ticor Title Company
Garcia Gustavo G -- None Available
Garcia Gustavo G $260,000 Ticor Title
Schimnowski Donald Jay -- --
Sanchez Carlos $130,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Gustavo G $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $372,000 +0.5% $134 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $370,000 -- $133 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $6,526 $402,662 $64,945 $337,717
2024 $6,526 $394,768 $63,672 $331,096
2023 $6,378 $387,028 $62,424 $324,604
2022 $6,132 $379,440 $61,200 $318,240
2021 $4,080 $218,727 $54,681 $164,046
2020 $3,935 $216,485 $54,121 $162,364
2019 $3,899 $216,485 $54,121 $162,364
2018 $3,771 $208,080 $52,020 $156,060
2017 $3,700 $204,000 $51,000 $153,000
2016 $3,513 $200,000 $50,000 $150,000
2015 $4,154 $262,000 $65,500 $196,500
2014 $3,351 $195,000 $48,750 $146,250
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Guardado

    Seller's Agent in 2021

    Rebecca Guardado

    LPT Realty, Inc.

    (661) 869-0059

    4 in this area

    124 Total Sales

    Rebecca Guardado
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202103085

Bakersfield Association of REALTORS® / GEMLS

APN: 364-170-71-00-9

California Kern County Bakersfield 93308 Olive Drive Area

5718 Castlegate Ln, Bakersfield, CA

Not Listed for Sale

MultiFamily

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.
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