NOT LISTED FOR SALE

Estimated Value: $515,000 - $586,000

6 Beds
2 Baths
1,502 Sq Ft
$367/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $495,000 $330 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,817/month

24 Days on Market

Highlights

  • 13,068 Sq Ft lot
  • 1-Story Property
  • 4-minute walk to McCray Park

About This Home

As of August 2023

Check this out! 4 units for sale in a neighborhood that is primarily single family homes. Front duplex was built in 1939. It has a 3 bed, 1 bath unit and a 1 bed 1 bath unit. Back duplex has two 1 bed 1 bath units and it appears to have been built in the 1960's. Each unit has its own private yard. Roofs are in excellent condition. 2 coolers are brand new and 2 coolers are a couple years old. This is a large lot (originally 2 city lots) and there is plenty of room to build another unit or 2. Three units have long term tenants. Back unit is vacant and updated and ready to rent. Lots of upside on the rents.

Last Agent to Sell the Property

robert savage

Bakersfield Property Solutions License #01454127 Listed on: 06/26/2023

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,538

Year Built

  • Built in 1939

Lot Details

  • 0.3

Parking

  • Uncovered Parking

Schools

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

Additional Features

  • 1-Story Property
  • 0.3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 11220305

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,538

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1939
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

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

Lot Info

  • Lot Size Sq Ft: 13068.00
  • Parcel #: 11220305

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 1.00
  • Property Net Operating Income: 1.00

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Sep 7, 2023
Sold by
Meler Guillaume E
Bought by
Ann Arbor Four Llc
Seller's Agent
robert savage
Bakersfield Property Solutions
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$495,000
Sold Price
$495,000
Views
130
Current Estimated Value
$554,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,744
Avg. Annual Appreciation
3.77%
Original Mortgage
$478,479
Outstanding Balance
$468,783
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$64,041

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 24, 2023
Sold by
Savage Robert S and Savage Kelly M
Bought by
Meler Guillaume Edward
Seller's Agent
robert savage
Bakersfield Property Solutions
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$495,000
Sold Price
$495,000
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,479
Outstanding Balance
$468,783
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$64,041
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
Ann Arbor Four Llc -- None Listed On Document
Meler Guillaume Edward $495,000 Placer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meler Guillaume Edward $478,479
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $495,000 0.0% $330 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $495,000 -- $330 / 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 $9,538 $504,900 $102,000 $402,900
2024 $4,809 $495,000 $100,000 $395,000
2023 $4,809 $117,572 $24,747 $92,825
2022 $4,417 $115,267 $24,262 $91,005
2021 $4,069 $113,008 $23,787 $89,221
2020 $3,830 $111,851 $23,544 $88,307
2019 $3,781 $111,851 $23,544 $88,307
2018 $3,631 $107,510 $22,631 $84,879
2017 $3,569 $105,403 $22,188 $83,215
2016 $3,399 $103,337 $21,753 $81,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202305282

Bakersfield Association of REALTORS® / GEMLS

APN: 112-203-05-00-0