NOT LISTED FOR SALE
-- Bed
-- Bath
6,020 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: September 8, 2017

Last sale price $550,000 $91 Per Sq Ft

20 Days on Market

Highlights

  • Heated Floors
  • Central Heating and Cooling System
  • 1-Story Property
  • 0.32 Acre Lot

About This Home

As of September 2017

Bread and Butter units the owner has owned them a long time and wants to retire. Owner says new roofs in 2010-2012. Owner wants to sell as is, but will finance with 10% to 20% down at 6% interest amortized over 30 years and all due in 5 years. This is a great opportunity to begin or add to your real estate investment portfolio. The income and expense information is actual, but the rents seem low and I think could be raised maybe By $675.00 per month.

Last Agent to Sell the Property

John Willingham

New Concept Realty, Inc. License #00556588 Listed on: 08/17/2017

Co-Listed By

Wesley Willingham

New Concept Realty, Inc. License #1258053

Last Buyer's Agent

John Willingham

New Concept Realty, Inc. License #00556588 Listed on: 08/17/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 13,972 Sq Ft Lot

Interior Spaces

  • 6,020 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 00928108

Community Details

Overview

  • 10 Units
  • Lowell Add Bakersfi Subdivision

Building Details

  • Gross Income $51,300
  • Net Operating Income $32,921

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0.32 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1953
  • Building Stories: 1
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.3208
  • Co List Office Mls Id: 6264
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 6020.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat, Evaporative, Floor/Wall Heater

Lot Info

  • Zoning Description: Medium Density Residential
  • Lot Size Sq Ft: 13972.00
  • Parcel #: 00928108

Multi Family

  • Total Annual Expense: 16840.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 10
  • Existing Lease Type: Net
  • Annual Gross Income: 51300.00
  • Property Net Operating Income: 32921.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
0.0657%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
0.029%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 17, 2017
Closed on
Sep 5, 2017
Sold by
Bought by
Seller's Agent
John Willingham
New Concept Realty, Inc.
Buyer's Agent
John Willingham
New Concept Realty, Inc.
List Price
$549,950
Sold Price
$550,000
Premium/Discount to List
$50
0.009%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,955
Interest Rate
0.0392%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 First American Title
$775,000 Property Id Title Company
$550,000 First American Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $810,000
Previous Owner $581,250
Previous Owner $494,955
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $550,000 0.0% $91 / Sq Ft
08/17/2017 08/17/17 For Sale $549,950 -- $91 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,354 $1,224,000 $158,100 $1,065,900
2024 $17,354 $1,200,000 $155,000 $1,045,000
2023 $12,610 $806,309 $101,959 $704,350
2022 $12,822 $790,500 $99,960 $690,540
2021 $9,381 $578,146 $58,865 $519,281
2020 $9,191 $572,219 $58,262 $513,957
2019 $9,051 $572,219 $58,262 $513,957
2018 $8,880 $550,000 $56,000 $494,000
2017 $5,741 $283,802 $44,803 $238,999
2016 $5,388 $278,238 $43,925 $234,313
2015 $5,347 $274,060 $43,266 $230,794
2014 $5,206 $268,693 $42,419 $226,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21709724

Bakersfield Association of REALTORS® / GEMLS
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