NOT LISTED FOR SALE

Estimated Value: $563,000 - $758,059

10 Beds
8 Baths
4,531 Sq Ft
$155/Sq Ft Est. Value

Last Sold September 19, 2018

Last sale price $465,000 $103 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,390/month

24 Days on Market

About This Home

As of September 2018

This well maintained four-plex located in the upper Northeast is one of the newest buildings in the area, Built in 2004. Attractive unit mix with 2 - 3 bedroom/2 bathroom units and 2 - 2 bedroom/2 bathroom units patio areas for down stairs units. Open floor plan into living room, kitchen and bar top then a large laundry area in the unit, laundry hook-ups, walk-in pantry, tile countertops, breakfast bar and large master bathroom with dual sinks. Downstairs units have a back door through the laundry room with upstairs units providing available storage below the stairs. Great long term tenants and the rents ranging from $900-$950/month.

Last Agent to Sell the Property

Shawn Barton

Clemmer and Company Real Estat License #01878646 Listed on: 07/27/2018

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,560

Year Built

  • Built in 2004

Lot Details

  • 0.38 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 4,531 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 43911306

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $43,800
  • Net Operating Income $26,711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,560

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2004
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4531.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 16553.00
  • Parcel #: 43911306

Multi Family

  • Total Annual Expense: 17089.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 43800.00
  • Property Net Operating Income: 26711.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2023
Sold by
Patterson Scott and Patterson Mary Julia
Bought by
Scott And Julie Patterson Trust
Current Estimated Value
$702,515

Purchase Details

Closed on
Sep 21, 2020
Sold by
Patterson Scott and Patterson Mary Julia
Bought by
Patterson Scott and Patterson Mary Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 14, 2018
Sold by
Morley Robert S and Morley Barbara D
Bought by
Patterson Scott
Seller's Agent
Shawn Barton
Clemmer and Company Real Estat
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$348,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2015
Closed on
Mar 25, 2015
Sold by
Marmax Llc
Bought by
Morley Robert S and Morley Barbara D
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Shawn Barton
Clemmer and Company Real Estat
List Price
$415,000
Sold Price
$388,000
Premium/Discount to List
-$27,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$200,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2015
Sold by
Martinez Mario R and Martinez Macario E
Bought by
Marmax Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2011
Sold by
Martinez Mario R and Martinez Macario E
Bought by
Martinez Mario R and Martinez Macario E

Purchase Details

Closed on
May 18, 2011
Sold by
Martinez Deborah A
Bought by
Martinez Mario R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,850
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2011
Sold by
U S Bank National Association
Bought by
Martinez Mario R and Martinez Macario E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,850
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2010
Sold by
Chisholm Steven A and Chisholm Rebecca A
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 18, 2007
Sold by
Chisholm Steven A and Chisholm Rebecca A
Bought by
Chisholm Investments Llc

Purchase Details

Closed on
Mar 20, 2005
Sold by
Weststar Construction Inc
Bought by
Brandt James D and Brandt Robyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Scott And Julie Patterson Trust -- --
Patterson Scott -- --
Patterson Scott -- Chicago Title
Patterson Scott $465,000 Placer Title Co
Morley Robert S $405,000 Chicago Title Company
Marmax Llc -- None Available
Martinez Mario R -- Accommodation
Martinez Mario R -- California Title Company
Martinez Macario E -- California Title Company
Martinez Mario R $268,000 California Title Company
U S Bank National Association $299,000 Orange Coast Title
Chisholm Investments Llc -- None Available
Brandt James D $470,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patterson Scott $340,600
Previous Owner Patterson Scott $348,750
Previous Owner Morley Robert S $200,000
Previous Owner Martinez Mario R $200,850
Previous Owner Brandt James D $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2018 09/19/18 Sold $465,000 -2.1% $103 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $475,000 +22.4% $105 / Sq Ft
05/01/2015 05/01/15 Sold $388,000 -6.5% $86 / Sq Ft View Prior Sale
04/01/2015 04/01/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $415,000 -- $92 / 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 $8,560 $518,712 $83,661 $435,051
2024 $8,560 $508,542 $82,021 $426,521
2023 $8,371 $498,571 $80,413 $418,158
2022 $8,161 $488,796 $78,837 $409,959
2021 $7,789 $479,213 $77,292 $401,921
2020 $7,650 $474,300 $76,500 $397,800
2019 $7,503 $474,300 $76,500 $397,800
2018 $6,785 $409,829 $52,812 $357,017
2017 $6,743 $401,794 $51,777 $350,017
2016 $6,230 $393,916 $50,762 $343,154
2015 $5,029 $285,687 $31,979 $253,708
2014 $4,874 $280,092 $31,353 $248,739
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21809160

Bakersfield Association of REALTORS® / GEMLS

APN: 439-113-06-00-9