NOT LISTED FOR SALE

Estimated Value: $657,000 - $717,000

2 Beds
1 Bath
4,015 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $386,625 $96 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,401/month

1 Day on Market

About This Home

As of July 2017

Hard to find, well maintained 4-plex in quiet, northeast area. Good, long term tenants.

Last Agent to Sell the Property

Charles Ulbrich

Unknown Broker License #00594096 Listed on: 06/06/2017

Co-Listed By

AnneMarie Ulbrich

Spectrum Realty Group License #01734179

Last Buyer's Agent

Roland Scholz

Unknown Broker License #821966

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,550

Year Built

  • Built in 1984

Lot Details

  • 4,273 Sq Ft Lot

Interior Spaces

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

Parking

  • 2 Car Garage
  • Uncovered Parking

Schools

  • Thorner Elementary School
  • Chipman Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 43820006

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $38,450
  • Net Operating Income $23,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,550

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: 11.00
  • Parking Features: Garage, Uncovered
  • Garages: 2

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 4273.00
  • Parcel #: 43820006

Multi Family

  • Total Annual Expense: 15400.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 38450.00
  • Property Net Operating Income: 23050.00

MLS Schools

  • Elementary School: Thorner, Juliet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2017
Closed on
Jun 28, 2017
Sold by
Fraser Property Investments Llc
Bought by
Bretwo Llc
Seller's Agent
Charles Ulbrich
Unknown Broker
Buyer's Agent
Roland Scholz
Unknown Broker
List Price
$389,000
Sold Price
$386,625
Premium/Discount to List
-$2,375
-0.61%
Current Estimated Value
$683,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,375
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Apr 13, 2011
Sold by
Fraser Bruce Elliot and Fraser Sharon Ruth
Bought by
Fraser Property Investments Llc

Purchase Details

Closed on
Dec 1, 2008
Sold by
Fraser Bruce Elliot and Fraser Sharon Ruth
Bought by
Fraser Bruce Elliot

Purchase Details

Closed on
Nov 5, 2003
Sold by
Bakersfield Venture 18
Bought by
Fraser Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2003
Sold by
Clem Jeffrey D and Clem Christopher D
Bought by
Bakersfield Venture 18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.9%

Purchase Details

Closed on
Mar 9, 1996
Sold by
Clem Milton and Clem Barbara
Bought by
Clem Milton D
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
Bretwo Llc $387,000 Chicago Title Company
Fraser Property Investments Llc -- None Available
Fraser Bruce Elliot -- None Available
Fraser Bruce Elliot -- None Available
Fraser Bruce E -- Ticor Title
Bakersfield Venture 18 $240,000 American Title
Clem Jeffrey D -- American Title
Clem Jeffrey D -- American Title
Clem Milton D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bretwo Llc $275,000
Previous Owner Fraser Bruce E $165,000
Previous Owner Bakersfield Venture 18 $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2017 07/07/17 Sold $386,625 -0.6% $96 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $389,000 -- $97 / 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 $7,550 $440,334 $85,335 $354,999
2024 $7,550 $431,701 $83,662 $348,039
2023 $7,377 $423,237 $82,022 $341,215
2022 $7,179 $414,939 $80,414 $334,525
2021 $6,783 $406,804 $78,838 $327,966
2020 $6,645 $402,634 $78,030 $324,604
2019 $6,516 $402,634 $78,030 $324,604
2018 $6,372 $387,000 $75,000 $312,000
2017 $6,350 $381,000 $76,000 $305,000
2016 $5,935 $380,000 $76,000 $304,000
2015 $5,063 $301,000 $45,000 $256,000
2014 $4,879 $293,000 $50,000 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21706458

Bakersfield Association of REALTORS® / GEMLS

APN: 438-200-06-00-7