Seller's Agent in 2017
Philip Jordan
Keller Williams Realty
(805) 453-8353
23 in this area
134 Total Sales
609 Grace St Bakersfield, CA 93305
East Bakersfield NeighborhoodEstimated Value: $367,000 - $604,000
8
Beds
1
Bath
3,850
Sq Ft
$130/Sq Ft
Est. Value
About This Home
As of July 2017Great new offering just going on the market. The Owner has lovingly maintained this fourplex for over 25 years, and now it's time to retire. The building is located in the desirable Alta Vista area of Bakersfield in the midst of homes and other small multi-family properties. The front unit is 3 bedrooms/2 baths renting $700. The other 3 units are 2bed/1bath units renting for $600. These rents are well under market. New owner should easily be able to increase rents from actual $2,500/mth to $3000/mth current market level rents in the first year to maximize their return. The roof and all the Central AC units have been replaced in the last 10 years. Some New Fencing. Tenants have covered parking and a storage room in rear. Tenants pay their own gas and electric bills.
Last Agent to Sell the Property
Keller Williams Realty License #00966411 Listed on: 07/10/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 7,433 Sq Ft Lot
Interior Spaces
- 3,850 Sq Ft Home
- 1-Story Property
Parking
- Carport
- 4 Car Parking Spaces
Listing and Financial Details
- Assessor Parcel Number 01305002
Community Details
Overview
- 4 Units
- Bernard Add Subdivision
Building Details
- Gross Income $30,000
- Net Operating Income $20,765
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 9, 2020
Sold by
Smith Mark
Bought by
Asher Llc
Current Estimated Value
Purchase Details
Closed on
Dec 17, 2019
Sold by
Asher Llc
Bought by
Smith Mark
Purchase Details
Closed on
Oct 26, 2017
Sold by
Smith Mark
Bought by
Asher Llc and Asher Ii Llc
Purchase Details
Listed on
Jul 10, 2017
Closed on
Jul 26, 2017
Sold by
Lewis Gilbert A and Lewis Sandra J
Bought by
Smith Mark
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
David Mercado
Mercado and Associates RE Inc.
List Price
$286,000
Sold Price
$271,000
Premium/Discount to List
-$15,000
-5.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Purchase Details
Closed on
Jun 30, 1997
Sold by
Lewis Gilbert A and Lewis Sandra J
Bought by
Lewis Gilbert A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Asher Llc | $276,500 | None Available | |
| Smith Mark | $276,500 | None Available | |
| Asher Llc | -- | None Available | |
| Smith Mark | $271,000 | Chicago Title Company | |
| Lewis Gilbert A | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/28/2017 07/28/17 | Sold | $271,000 | -5.2% | $70 / Sq Ft |
| 07/10/2017 07/10/17 | For Sale | $286,000 | -- | $74 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History Compared to Growth
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 | $5,953 | $301,843 | $54,681 | $247,162 |
| 2024 | $5,953 | $295,925 | $53,609 | $242,316 |
| 2023 | $5,807 | $290,123 | $52,558 | $237,565 |
| 2022 | $5,630 | $284,435 | $51,528 | $232,907 |
| 2021 | $5,250 | $278,859 | $50,518 | $228,341 |
| 2020 | $5,187 | $281,948 | $52,020 | $229,928 |
| 2019 | $5,087 | $281,948 | $52,020 | $229,928 |
| 2018 | $4,979 | $271,000 | $50,000 | $221,000 |
| 2017 | $3,674 | $161,670 | $48,496 | $113,174 |
| 2016 | $3,459 | $158,501 | $47,546 | $110,955 |
| 2015 | $3,421 | $156,121 | $46,832 | $109,289 |
| 2014 | $3,315 | $153,064 | $45,915 | $107,149 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Jordan
-
David Mercado
D
Buyer's Agent in 2017
David Mercado
Mercado and Associates RE Inc.
(661) 348-9005
6 in this area
46 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 21707901
APN: 013-050-02-00-5
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