NOT LISTED FOR SALE

608 Twinleaf Dr Bakersfield, CA 93308

North Country Meadows Neighborhood

Estimated Value: $317,000 - $356,000

3 Beds
2 Baths
1,190 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $800,000 $672 Per Sq Ft

Current estimated payment $2,117/month

16 Days on Market

About This Home

As of October 2021

5-Unit Portfolio of Rental Homes, 100 % Occupied, Long Term Tenants, Professionally Managed

Last Agent to Sell the Property

Daniel Holt

Portfolio Properties License #01732002 Listed on: 09/13/2021

Last Buyer's Agent

Mary Sawyer, CCIM

Portfolio Properties License #854779

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 4,791 Sq Ft Lot

Interior Spaces

  • 1,190 Sq Ft Home
  • 1-Story Property

Schools

  • Wingland Elementary School
  • Standard Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 49108302

Community Details

Overview

  • 5 Units
  • 4924 Un A Subdivision

Building Details

  • Gross Income $70,680
  • Net Operating Income $41,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1987
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1190.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Other

Utilities

  • Heatcool: Central AC,Evaporative

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Lot Size Sq Ft: 4791.00
  • Parcel #: 49108302

Multi Family

  • Total Annual Expense: 28830.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 5
  • Annual Gross Income: 70680.00
  • Property Net Operating Income: 41850.00

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 27, 2021
Sold by
Border Mark
Bought by
Miles Llc
Seller's Agent
Daniel Holt
Portfolio Properties
Buyer's Agent
Mary Sawyer, CCIM
Portfolio Properties
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$335,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$464,438
Avg. Annual Appreciation
-18.61%
Original Mortgage
$600,000
Outstanding Balance
$548,330
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$212,768

Purchase Details

Closed on
Jul 15, 2021
Sold by
Rhodes Anne Elizabeth and Border Family Trust
Bought by
Border Mark

Purchase Details

Closed on
May 4, 2004
Sold by
Border Richard P and Border Lorena R
Bought by
Border Richard P and Border Lorena R

Purchase Details

Closed on
Nov 21, 2002
Sold by
Mccullar Gary Allen and Mccullar Lisa L
Bought by
Border Richard P and Border Lorena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.86%

Purchase Details

Closed on
Jan 19, 1994
Sold by
Sparks Dean Evan and Sparks Ronnette T
Bought by
Mccullar Gary Allen and Mccullar Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miles Llc $800,000 First American Title Company
Border Mark -- None Available
Border Richard P -- --
Border Richard P $99,500 Chicago Title
Mccullar Gary Allen $90,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Llc $600,000
Previous Owner Border Richard P $49,000
Previous Owner Mccullar Gary Allen $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $800,000 -3.0% $672 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $825,000 -- $693 / 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 $4,358 $268,484 $63,672 $204,812
2024 $4,223 $263,221 $62,424 $200,797
2023 $4,223 $258,060 $61,200 $196,860
2022 $4,124 $253,000 $60,000 $193,000
2021 $2,597 $133,117 $33,442 $99,675
2020 $2,597 $131,753 $33,100 $98,653
2019 $2,471 $131,753 $33,100 $98,653
2018 $2,385 $126,638 $31,815 $94,823
2017 $2,368 $124,156 $31,192 $92,964
2016 $2,186 $121,723 $30,581 $91,142
2015 $2,153 $119,895 $30,122 $89,773
2014 $2,109 $117,547 $29,532 $88,015
Source: Public Records

Agents Affiliated with this Home

  • Daniel Holt

    Seller's Agent in 2021

    Daniel Holt

    Portfolio Properties

    (661) 343-2955

    4 in this area

    45 Total Sales

    Daniel Holt
    Section Image
  • Mary Sawyer, CCIM

    Buyer's Agent in 2021

    Mary Sawyer, CCIM

    Portfolio Properties

    (661) 431-1403

    2 in this area

    8 Total Sales

    Mary Sawyer, CCIM
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202110018

Bakersfield Association of REALTORS® / GEMLS

APN: 491-083-02-00-1

California Kern County Bakersfield 93308 North Country Meadows

608 Twinleaf Dr, Bakersfield, CA

Not Listed for Sale

MultiFamily

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