NOT LISTED FOR SALE

600 Hosking Ave Unit 48 Bakersfield, CA 93307

Berkshire Farm Neighborhood

Estimated Value: $796,000 - $965,000

10 Beds
7 Baths
4,432 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $450,000 $102 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,626/month

47 Days on Market

About This Home

As of March 2016

Golden Valley Luxury Apartments fourplex. The South Bakersfield submarket is one of the fastest growing areas of Bakersfield. This fourplex is well positioned to take advantage of this growth and limited competition. The building consists of 2 3bedroom units and 2 - 2bedroom units. Site amenities include pool, spa, clubhouse, playground, soccer field and gym in this gated community. The rents range from $945-$1150

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 01/13/2016

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 01/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,154

Year Built

  • Built in 2007

Lot Details

  • 5,273 Sq Ft Lot

Interior Spaces

  • 4,432 Sq Ft Home
  • 2-Story Property

Parking

  • Carport
  • 4 Car Parking Spaces
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 51647022

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $50,640
  • Net Operating Income $32,508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,154

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2007
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4432.00

Exterior Features

  • Disclosures: HOA Fees

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 5273.00
  • Parcel #: 51647022

Multi Family

  • Total Annual Expense: 15600.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 50640.00
  • Property Net Operating Income: 32508.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
Feb 8, 2016
Sold by
Rosenberg Nathaniel C and Nguyen Nga T
Bought by
Kumar Rajinder and Bala Rajni
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$884,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,282
Avg. Annual Appreciation
7.33%
Original Mortgage
$300,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2012
Sold by
Walker Michael and Baker Jeff
Bought by
Rosenberg Nathaniel C and Nguyen Nga T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2012
Sold by
Baker Melinda L
Bought by
Baker Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2011
Sold by
Golden V Investments Llc
Bought by
Walker Michael and Baker Jeff

Purchase Details

Closed on
Jun 16, 2010
Sold by
Bakersfield Investment Group Llc
Bought by
Golden V Investments Llc

Purchase Details

Closed on
Apr 8, 2008
Sold by
Hosking Ave Bakersfield Apartments Llc
Bought by
Bakersfield Investment Group Llc
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
Kumar Rajinder $450,000 Placer Title Company
Rosenberg Nathaniel C $320,000 Ticor Title Company Of Ca
Walker Michael -- Ticor Title Company Of Ca
Baker Jeff -- Ticor Title Company Of Ca
Walker Michael -- None Available
Golden V Investments Llc -- None Available
Bakersfield Investment Group Llc -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kumar Rajinder $300,000
Previous Owner Rosenberg Nathaniel C $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $450,000 0.0% $102 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $450,000 -- $102 / 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 $10,154 $532,702 $118,377 $414,325
2024 $10,154 $522,257 $116,056 $406,201
2023 $9,906 $512,018 $113,781 $398,237
2022 $9,893 $501,979 $111,550 $390,429
2021 $9,270 $492,137 $109,363 $382,774
2020 $9,160 $487,092 $108,242 $378,850
2019 $9,024 $487,092 $108,242 $378,850
2018 $8,703 $468,180 $104,040 $364,140
2017 $8,588 $459,000 $102,000 $357,000
2016 $6,762 $322,471 $52,011 $270,460
2015 $6,670 $317,628 $51,230 $266,398
2014 $6,576 $311,407 $50,227 $261,180
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2016

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    3 in this area

    85 Total Sales

    Marc Thurston
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21600457

Bakersfield Association of REALTORS® / GEMLS

APN: 516-470-22-00-1

California Kern County Bakersfield 93307 Berkshire Farm

600 Hosking Ave Unit 48, Bakersfield, CA

This home is located at 600 Hosking Ave Unit 48, Bakersfield, CA 93307 since 13 January 2016 and is currently estimated at $884,282, approximately $199 per square foot. This property was built in 2007. 600 Hosking Ave Unit 48 is a home located in Kern County with nearby schools including Valle Verde Elementary School, Leon H. Ollivier Middle School, and Golden Valley High School.

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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