NOT LISTED FOR SALE

5917 Fairfax Rd Bakersfield, CA 93306

College Heights Neighborhood

Estimated Value: $562,000 - $763,000

9 Beds
2 Baths
4,463 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $334,000 $75 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,175/month

70 Days on Market

About This Home

As of July 2014

Great apartment area a little on the outskirts of town close to foothills yet just a 10 minute drive from downtown. Fairly modern building built in the late 80's . Each unit is a townhouse style- living room and kitchen downstairs, bedrooms bathrooms upstairs. Sellers willing to provide 2 year roof guarantee for buyers at close of escrow.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 04/01/2014

Keller Williams Realty

Last Buyer's Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 04/01/2014

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,101

Year Built

  • Built in 1987

Lot Details

  • 10,474 Sq Ft Lot

Interior Spaces

  • 4,463 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Car Garage
  • Uncovered Parking

Schools

  • Thorner Elementary School
  • Chipman Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 43910005

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $34,800
  • Net Operating Income $23,939

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,101

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1987
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4463.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • 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: 10474.00
  • Parcel #: 43910005

Multi Family

  • Total Annual Expense: 10861.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 34800.00
  • Property Net Operating Income: 23939.00

MLS Schools

  • Elementary School: Thorner, Juliet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Jun 3, 2014
Sold by
Aymard Michael D and Aymard Margaret T
Bought by
Okhovat Mehran and Kohanim Zipora
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$359,000
Sold Price
$334,000
Premium/Discount to List
-$25,000
-6.96%
Current Estimated Value
$684,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,354
Avg. Annual Appreciation
6.55%
Original Mortgage
$221,000
Outstanding Balance
$167,271
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$517,083

Purchase Details

Closed on
Nov 15, 2007
Sold by
Aymard Michael D and Aymard Margaret T
Bought by
Aymard Michael D and Aymard Margaret T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Rios Cecilio and Rios Sara
Bought by
Aymard Michael D and Aymard Margaret T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 5, 2003
Sold by
Presidential Investors Inc
Bought by
Rios Cecilio and Rios Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2003
Sold by
Din Tariq
Bought by
Presidential Investors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2003
Sold by
Din Saleema
Bought by
Din Tariq

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
5.6%

Purchase Details

Closed on
Feb 12, 2003
Sold by
Franco Charles and Franco Irene
Bought by
Din Tariq

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
5.6%

Purchase Details

Closed on
Nov 2, 2000
Sold by
Franco Charles and Franco Irene
Bought by
Franco Charles and Franco Irene
Source: Public Records

Range of Values:

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Average Value
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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
Okhovat Mehran $334,000 Chicago Title Company
Aymard Michael D -- First American Title
Aymard Michael D $530,000 Stewart Title Of Ca Inc
Rios Cecilio $333,000 American Title
Presidential Investors Inc -- American Title
Din Tariq -- American Title
Din Tariq $280,000 American Title
Franco Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okhovat Mehran $221,000
Previous Owner Aymard Michael D $374,000
Previous Owner Aymard Michael D $371,000
Previous Owner Rios Cecilio $247,500
Previous Owner Din Tariq $259,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2014 07/10/14 Sold $334,000 -7.0% $75 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $359,000 -- $80 / 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 $7,101 $401,407 $42,059 $359,348
2024 $7,101 $393,537 $41,235 $352,302
2023 $6,936 $385,822 $40,427 $345,395
2022 $6,744 $378,258 $39,635 $338,623
2021 $6,352 $370,842 $38,858 $331,984
2020 $6,215 $367,040 $38,460 $328,580
2019 $6,095 $367,040 $38,460 $328,580
2018 $5,961 $352,789 $36,967 $315,822
2017 $5,922 $345,873 $36,243 $309,630
2016 $5,478 $339,092 $35,533 $303,559
2015 $5,437 $334,000 $35,000 $299,000
2014 $5,248 $326,000 $50,000 $276,000
Source: Public Records

Agents Affiliated with this Home

  • Philip Jordan

    Seller's Agent in 2014

    Philip Jordan

    Keller Williams Realty

    (661) 553-5767

    10 in this area

    135 Total Sales

    Philip Jordan
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21403410

Bakersfield Association of REALTORS® / GEMLS

APN: 439-100-05-00-2

California Kern County Bakersfield 93306 College Heights

5917 Fairfax Rd, Bakersfield, CA

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