NOT LISTED FOR SALE

611 Wilson Ave Bakersfield, CA 93308

Estimated Value: $384,000 - $430,000

6 Beds
1 Bath
2,254 Sq Ft
$181/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $240,000 $106 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,625/month

49 Days on Market

About This Home

As of January 2019

Great Investment Property North Bakersfield Triplex 3- 2 Bedroom- 1 Bath units Rent Range $650 - $850 Updated units with Large Bedrooms. Each unit has a private patio. Onsite Laundry, and gated covered parking. Built-in 1965.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 10/29/2018

Last Buyer's Agent

Paul Robles

Unknown Broker License #01218737

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 6,030 Sq Ft Lot

Parking

  • Carport

Interior Spaces

  • 2,254 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 11308125

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $28,200
  • Net Operating Income $16,890

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2254.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 6030.00
  • Parcel #: 11308125

Multi Family

  • Total Annual Expense: 9900.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 3
  • Annual Gross Income: 28200.00
  • Property Net Operating Income: 16890.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Jan 11, 2019
Sold by
Emrani Mahta
Bought by
Amid Adel
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Paul Robles
Unknown Broker
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Current Estimated Value
$408,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,318
Avg. Annual Appreciation
7.92%
Original Mortgage
$179,250
Outstanding Balance
$157,916
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$250,402

Purchase Details

Closed on
Aug 9, 2017
Sold by
Girgis Marcos Abdel Malek and Girgis Sylvia Adel
Bought by
Msln Properties Llc

Purchase Details

Listed on
Nov 5, 2015
Closed on
Dec 7, 2015
Sold by
Beasley Michael and Beasley Toyi D
Bought by
Girgis Marcos Abdel Malek and Girgis Sylvia Adel
Seller's Agent
Mike Saba
Watson Realty
Buyer's Agent
Victor Vazquez
LPT Realty, Inc.
List Price
$186,500
Sold Price
$173,000
Premium/Discount to List
-$13,500
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$129,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2003
Sold by
Beasley Michael D and Wallace Carl Dewayne
Bought by
Beasley Michael and Beasley Toyi D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 1999
Sold by
Bailey Debra Diane
Bought by
Wallace Carl Dewayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
6.94%

Purchase Details

Closed on
Apr 7, 1999
Sold by
Beasley Toyi Dawn
Bought by
Beasley Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
6.94%

Purchase Details

Closed on
Apr 2, 1999
Sold by
Duhn Jay & Janice Living Trust and Clark Jay
Bought by
Beasley Michael D and Wallace Carl Dewayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
6.94%

Purchase Details

Closed on
Jan 20, 1995
Sold by
Duhn Jay and Duhn Janice
Bought by
Duhn Jay Clark and Duhn Janice Lucille
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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Purchase History

Date Buyer Sale Price Title Company
Amid Adel -- Placer Title Er
Amid Bijan -- Placer Title Er
Amid Bijan $240,000 Placer Title Er
Msln Properties Llc -- North American Title
Girgis Marcos Abdel Malek $173,000 Stewart Title Of Ca Inc
Beasley Michael $60,500 Fidelity Title
Wallace Carl Dewayne -- American Title Co
Beasley Michael D -- American Title Co
Beasley Michael D $74,000 American Title
Duhn Jay Clark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amid Bijan $179,250
Previous Owner Girgis Marcos Abdel Malek $129,750
Previous Owner Beasley Michael $60,000
Previous Owner Beasley Michael D $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2019 01/16/19 Sold $240,000 -3.6% $106 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
10/29/2018 10/29/18 For Sale $249,000 +43.9% $110 / Sq Ft
01/21/2016 01/21/16 Sold $173,000 -7.2% $77 / Sq Ft View Prior Sale
12/22/2015 12/22/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $186,500 -- $83 / 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 $5,876 $267,718 $44,617 $223,101
2024 $5,663 $262,470 $43,743 $218,727
2023 $5,663 $257,325 $42,886 $214,439
2022 $5,359 $252,281 $42,046 $210,235
2021 $5,098 $247,335 $41,222 $206,113
2020 $4,870 $244,800 $40,800 $204,000
2019 $3,863 $166,464 $41,616 $124,848
2018 $3,717 $160,000 $40,000 $120,000
2017 $3,917 $176,460 $40,800 $135,660
2016 $2,807 $97,986 $19,860 $78,126
2015 $2,773 $96,515 $19,562 $76,953
2014 $2,721 $94,625 $19,179 $75,446
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2019

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    87 Total Sales

    Marc Thurston
    Section Image

  • P

    Buyer's Agent in 2019

    Paul Robles

    Unknown Broker

  • Mike Saba

    Seller's Agent in 2016

    Mike Saba

    Watson Realty

    (661) 203-8406

    245 Total Sales

    Mike Saba
    Section Image
  • Victor Vazquez

    Buyer's Agent in 2016

    Victor Vazquez

    LPT Realty, Inc.

    (661) 833-3019

    40 Total Sales

    Victor Vazquez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21813078

Bakersfield Association of REALTORS® / GEMLS

APN: 113-081-25-00-7

California Kern County Bakersfield 93308

611 Wilson Ave, 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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