NOT LISTED FOR SALE

Estimated Value: $512,000 - $542,000

2 Beds
1 Bath
2,793 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $289,000 $103 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,280/month

23 Days on Market

About This Home

As of December 2018

Great 4 plex located right next to the Bakersfield City School District Office. Each Unit is 2 bed, 1 bath, has been recently remodeled and has a solid rental history. Wonderful investment property!

Last Agent to Sell the Property

Nick Olmos

Miramar International Calloway License #02034355 Listed on: 10/26/2018

Last Buyer's Agent

Sanjeev Advani

Sanjeev Advani, Broker License #01869863

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,190

Year Built

  • Built in 1964

Lot Details

  • 5,541 Sq Ft Lot

Interior Spaces

  • 2,793 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Jefferson Bak Elementary School
  • Stiern Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 01328016

Community Details

Overview

  • 4 Units
  • Bernard Add Subdivision

Building Details

  • Gross Income $31,080
  • Net Operating Income $23,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,190

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2793.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 5541.00
  • Parcel #: 01328016

Multi Family

  • Total Annual Expense: 7640.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 31080.00
  • Property Net Operating Income: 23440.00

MLS Schools

  • Elementary School: Jefferson_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2024
Sold by
Kachru Sidharth and Kaul Kachru Shiveta
Bought by
Kachru Family Trust and Sidharth
Current Estimated Value
$523,424

Purchase Details

Closed on
Mar 25, 2021
Sold by
Sidharth Kachru and Kachru Shiveta Kaul
Bought by
Sidharth Kachru and Kachru Shiveta Kaul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,700
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2018
Closed on
Nov 14, 2018
Sold by
Samz Inc
Bought by
Kaul Kachru Sidharth
Seller's Agent
Nick Olmos
Miramar International Calloway
Buyer's Agent
Sanjeev Advani
Sanjeev Advani, Broker
List Price
$299,000
Sold Price
$289,000
Premium/Discount to List
-$10,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%
Original Mortgage
$213,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2016
Sold by
Latif Mazhar and Abdullah Saif
Bought by
Samz Inc

Purchase Details

Listed on
Jul 29, 2015
Closed on
Dec 16, 2015
Sold by
Latif Asma Mazhar
Bought by
Latif Mazhar
Seller's Agent
Jesus Soto
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$219,000
Sold Price
$186,900
Premium/Discount to List
-$32,100
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%

Purchase Details

Listed on
Jul 29, 2015
Closed on
Nov 25, 2015
Sold by
Us Bank National Association
Bought by
Latif Mazhar and Abdullah Saif
Seller's Agent
Jesus Soto
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$219,000
Sold Price
$186,900
Premium/Discount to List
-$32,100
-14.66%

Purchase Details

Closed on
Jun 30, 2015
Sold by
Pedroza Jose Luis and Gomez Pedroza Maria G
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 27, 2005
Sold by
Taylor Althea Rachael
Bought by
Pedroza Jose Luis and Gomez Pedroza Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
8.32%
Mortgage Type
Balloon

Purchase Details

Closed on
May 24, 2004
Sold by
Taylor Lonell
Bought by
Taylor Althea Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2004
Sold by
Rich Duffy
Bought by
Taylor Althea Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 2, 2003
Sold by
Maclean Greg David and Maclean Lea Rae
Bought by
Rich Duffy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.93%

Purchase Details

Closed on
Feb 20, 2001
Sold by
Anspach Charles L and Anspach Patricia S
Bought by
Maclean Greg David and Maclean Lea Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
6.89%
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
Kachru Family Trust -- None Listed On Document
Sidharth Kachru -- Provident Title Company
Kaul Kachru Sidharth $289,000 Chicago Title Bakersfield
Samz Inc -- Accommodation
Latif Mazhar -- Title 365
Abdullah Saif -- Title 365
Latif Mazhar $187,000 Title 365
U S Bank National Association $359,601 None Available
Pedroza Jose Luis $375,000 Ticor Title
Taylor Althea Rachael -- Chicago Title
Taylor Althea Rachael $230,000 Chicago Title
Rich Duffy $142,500 Chicago Title
Maclean Greg David $97,500 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sidharth Kachru $207,700
Previous Owner Kaul Kachru Sidharth $213,250
Previous Owner Pedroza Jose Luis $283,500
Previous Owner Pedroza Jose Luis $81,000
Previous Owner Pedroza Jose Luis $356,250
Previous Owner Taylor Althea Rachel $8,000
Previous Owner Taylor Althea Rachael $184,000
Previous Owner Rich Duffy $114,000
Previous Owner Maclean Greg David $87,750
Closed Taylor Althea Rachael $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $289,000 -3.3% $103 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $299,000 +60.0% $107 / Sq Ft
12/30/2015 12/30/15 Sold $186,900 -14.7% $67 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $219,000 -- $78 / 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 $6,190 $322,381 $55,774 $266,607
2024 $6,190 $316,061 $54,681 $261,380
2023 $6,040 $309,864 $53,609 $256,255
2022 $5,860 $303,789 $52,558 $251,231
2021 $5,478 $297,833 $51,528 $246,305
2020 $5,342 $294,780 $51,000 $243,780
2019 $5,239 $294,780 $51,000 $243,780
2018 $4,062 $194,554 $36,414 $158,140
2017 $4,029 $190,740 $35,700 $155,040
2016 $3,777 $187,000 $35,000 $152,000
2015 $3,397 $154,000 $23,000 $131,000
2014 -- $155,000 $30,000 $125,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21812933

Bakersfield Association of REALTORS® / GEMLS

APN: 013-280-16-00-3