$260,000
SOLD SEP 24, 2012
-- Bed
-- Bath
3,617 Sq Ft
0.28 Acres

Recently Sold

$72 Per Sq Ft

50 Days on Market

About This Home

As of February 2017

Great Investment opportunity located in the SW area of Bakersfield. This 4 plex features three 2 bedrooms and 1 bath, and one 2 bedroom 2 bath. All units have laundry hookups and covered parking.

Last Agent to Sell the Property

Sam Abed

Executive, REALTORS® License #01327240 Listed on: 07/06/2012

Last Buyer's Agent

Gary Byrd

Unknown Broker License #01866340

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,117

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot

Parking

  • Carport

Interior Spaces

  • 3,617 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 37116217

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $34,713
  • Net Operating Income $22,602

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,117

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1979
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3617.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 12000.00
  • Parcel #: 37116217

Multi Family

  • Total Annual Expense: 12111.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 34713.00
  • Property Net Operating Income: 22602.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Feb 13, 2017
Sold by
Brooks John W and Brooks Elke I
Bought by
Khalsa Brothers Inc
Seller's Agent
Carlos Padilla
Watson Realty
Buyer's Agent
Carlos Padilla
Watson Realty
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Current Estimated Value
$781,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,266
Avg. Annual Appreciation
7.59%

Purchase Details

Listed on
Jul 6, 2012
Closed on
Sep 4, 2012
Sold by
Brooks John W and Brooks Elke
Bought by
The John & Elke Brooks Trust
Seller's Agent
Sam Abed
Executive, REALTORS®
Buyer's Agent
Gary Byrd
Unknown Broker
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$194,925
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2012
Closed on
Jul 27, 2012
Sold by
Abed Carema
Bought by
Brooks John W and Brooks Elke
Seller's Agent
Sam Abed
Executive, REALTORS®
Buyer's Agent
Gary Byrd
Unknown Broker
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,925
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2009
Sold by
Abduls Properties Llc
Bought by
Abed Carema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2009
Sold by
The Bank Of New York Mellon
Bought by
Abduls Properties Llc

Purchase Details

Closed on
Nov 19, 2008
Sold by
Razo Jesus
Bought by
The Bank Of New York Mellon and Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Sep 28, 2005
Sold by
Razo Maria Ramirez
Bought by
Razo Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2005
Sold by
Kreutzer Delores Louise
Bought by
Razo Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
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 Type Sale Price Title Company
Grant Deed $410,000 Chicago Title Company
Grant Deed -- Ticor Title
Grant Deed $260,000 Ticor Title Company Of Ca
Grant Deed $250,000 First American Title Company
Grant Deed $220,000 Lawyers Title Company
Trustee Deed $222,000 Accommodation
Interfamily Deed Transfer -- Chicago Title
Grant Deed $500,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $194,925 New Conventional
Previous Owner $245,471 FHA
Previous Owner $400,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2017 02/24/17 Sold $410,000 -2.4% $113 / Sq Ft
02/03/2017 02/03/17 For Sale $420,000 +61.5% $116 / Sq Ft
09/24/2012 09/24/12 Sold $260,000 0.0% $72 / Sq Ft
08/25/2012 08/25/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $259,900 -- $72 / 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 $8,117 $475,834 $87,041 $388,793
2024 $8,117 $466,505 $85,335 $381,170
2023 $7,976 $457,359 $83,662 $373,697
2022 $7,642 $448,392 $82,022 $366,370
2021 $7,240 $439,601 $80,414 $359,187
2020 $7,086 $435,094 $79,590 $355,504
2019 $6,992 $435,094 $79,590 $355,504
2018 $6,704 $418,200 $76,500 $341,700
2017 $5,009 $275,867 $53,051 $222,816
2016 $4,746 $270,459 $52,011 $218,448
2015 $4,693 $266,397 $51,230 $215,167
2014 $4,576 $261,180 $50,227 $210,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21207190

Bakersfield Association of REALTORS® / GEMLS

APN: 371-162-17-00-6