NOT LISTED FOR SALE

Estimated Value: $617,000 - $788,000

2 Beds
1 Bath
4,015 Sq Ft
$170/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $530,000 $132 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,480/month

7 Days on Market

About This Home

As of June 2021

Hard to find, well maintained four-plex. With current strong rental market, there is immediate upside with current low rents. Long term tenants. Some recent upgrades.

Last Agent to Sell the Property

AnneMarie Ulbrich

Spectrum Realty Group License #01734179 Listed on: 04/27/2021

Co-Listed By

Charles Ulbrich

Unknown Broker License #00594096

Last Buyer's Agent

Shelley Wyrick

Wyrick & Associates RealEstate License #01490650

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,089

Year Built

  • Built in 1984

Lot Details

  • 4,269

Parking

  • 2 Car Garage

Interior Spaces

  • 4,015 Sq Ft Home
  • 1-Story Property

Schools

  • Downtown Elementary School
  • Chipman Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 43819006

Community Details

Overview

  • 4 Units
  • 4321 Ph H Subdivision

Building Details

  • Gross Income $44,280
  • Net Operating Income $28,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,089

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1984
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 5933
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4015.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 10.00
  • Parking Features: Garage, Other
  • Garages: 2

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Highland
  • Middle Or Junior School: Chipman

Lot Info

  • Parcel #: 43819006

Multi Family

  • Total Annual Expense: 15500.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 44280.00
  • Property Net Operating Income: 28780.00

MLS Schools

  • Elementary School: Downtown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 29, 2021
Sold by
Cushman Nicholas
Bought by
Chicane Properties Llc
Seller's Agent
AnneMarie Ulbrich
Spectrum Realty Group
Buyer's Agent
Shelley Wyrick
Wyrick & Associates RealEstate
List Price
$495,000
Sold Price
$530,000
Premium/Discount to List
$35,000
7.07%
Current Estimated Value
$684,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,444
Avg. Annual Appreciation
6.83%
Original Mortgage
$397,500
Outstanding Balance
$361,451
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$340,296

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 1, 2021
Sold by
Cushman Alexis
Bought by
Cushman Nicholas
Seller's Agent
AnneMarie Ulbrich
Spectrum Realty Group
Buyer's Agent
Shelley Wyrick
Wyrick & Associates RealEstate
List Price
$495,000
Sold Price
$530,000
Premium/Discount to List
$35,000
7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$361,451
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$340,296

Purchase Details

Listed on
Apr 27, 2021
Closed on
May 21, 2021
Sold by
Estill Family Limited Partnership
Bought by
Cushman Nicholas
Seller's Agent
AnneMarie Ulbrich
Spectrum Realty Group
Buyer's Agent
Shelley Wyrick
Wyrick & Associates RealEstate
List Price
$495,000
Sold Price
$530,000
Premium/Discount to List
$35,000
7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$361,451
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$340,296

Purchase Details

Closed on
Sep 8, 2005
Sold by
Estill Wayne D and Estill Beverly
Bought by
Estill Family Lp

Purchase Details

Closed on
Nov 16, 2001
Sold by
Estill Wayne D and Estill Beverly A
Bought by
Estill Wayne D

Purchase Details

Closed on
Dec 7, 2000
Sold by
Estill Wayne D and Estill Beverly A
Bought by
Estill Wayne D

Purchase Details

Closed on
Jan 13, 1999
Sold by
Estill Wayne D and Estill Beverly A
Bought by
Estill Wayne D

Purchase Details

Closed on
Nov 29, 1994
Sold by
Chandler Catherine M
Bought by
Estill Wayne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.27%
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
Chicane Properties Llc -- Chicago Title Company
Cushman Nicholas -- Chicago Title
Cushman Nicholas $530,000 Chicago Title
Estill Family Lp -- --
Estill Wayne D -- --
Estill Wayne D -- --
Estill Wayne D -- --
Estill Wayne D $205,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cushman Nicholas $397,500
Previous Owner Estill Wayne D $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $530,000 +7.1% $132 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $495,000 -- $123 / 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 $9,089 $573,687 $54,121 $519,566
2024 $8,889 $562,439 $53,060 $509,379
2023 $8,889 $551,412 $52,020 $499,392
2022 $8,670 $540,600 $51,000 $489,600
2021 $5,720 $318,089 $62,056 $256,033
2020 $5,585 $314,828 $61,420 $253,408
2019 $5,477 $314,828 $61,420 $253,408
2018 $5,359 $302,605 $59,036 $243,569
2017 $5,321 $296,673 $57,879 $238,794
2016 $4,939 $290,857 $56,745 $234,112
2015 $4,899 $286,489 $55,893 $230,596
2014 $4,209 $233,000 $25,000 $208,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202104208

Bakersfield Association of REALTORS® / GEMLS

APN: 438-190-06-00-5