NOT LISTED FOR SALE

Estimated Value: $720,856

9 Beds
5 Baths
4,207 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: April 11, 2018

Last sale price $367,000 $87 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,591 / mo

18 Days on Market

About This Home

As of April 2018

This bread and butter fourplex is located in Bakersfield's growing South submarket. With a desirable mix of three 2-bedroom townhouses and one 3-bedroom house with attached garage, this multi-family income property has potential upside in the rent range. Clear pride of ownership is visible in the property's meticulously maintained landscaping, new fencing and freshly painted exteriors. Send your offer TODAY--this fourplex is priced to sell quickly!

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 02/22/2018

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 02/22/2018

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot

Interior Spaces

  • 4,207 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Car Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 37230333

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $38,880
  • Net Operating Income $20,936

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1994
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4207.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 1

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 10454.00
  • Parcel #: 37230333

Multi Family

  • Total Annual Expense: 16000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 38880.00
  • Property Net Operating Income: 20936.00

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
Sep 1, 2021
Sold by
Bought by
Current Estimated Value
$720,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Outstanding Balance
$196,057
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$524,799

Purchase Details

Listed on
Feb 22, 2018
Closed on
Apr 8, 2018
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$380,000
Sold Price
$367,000
Premium/Discount to List
-$13,000
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$275,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2004
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
$319,200
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2003
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
$116,650
Interest Rate
5.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 7, 2003
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
$116,650
Interest Rate
5.96%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Available
$367,000 Placer Title Er
$399,000 Fidelity Title
-- Fidelity
$229,000 Fidelity
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
Open $277,000
Closed $275,250
Previous Owner $361,200
Previous Owner $319,200
Previous Owner $116,650
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
04/11/2018 04/11/18 Sold $367,000 -3.4% $87 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $380,000 -- $90 / 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
2026 $7,551 $425,927 $87,041 $338,886
2025 $7,397 $417,577 $85,335 $332,242
2024 $7,397 $409,390 $83,662 $325,728
2023 $7,227 $401,364 $82,022 $319,342
2022 $7,107 $393,495 $80,414 $313,081
2021 $6,677 $385,781 $78,838 $306,943
2020 $6,677 $381,826 $78,030 $303,796
2019 $6,374 $381,826 $78,030 $303,796
2018 $6,257 $379,000 $76,000 $303,000
2017 $7,082 $400,000 $80,000 $320,000
2016 $6,024 $380,000 $76,000 $304,000
2015 $3,733 $182,000 $27,000 $155,000
2014 $4,719 $270,000 $40,000 $230,000
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21802267

Bakersfield Association of REALTORS® / GEMLS

APN: 372-303-33-00-6

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