NOT LISTED FOR SALE
-- Bed
-- Bath
4,862 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: January 24, 2017

Last sale price $319,000 $66 Per Sq Ft

65 Days on Market

Highlights

  • 20,226 Sq Ft lot
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Evaporated cooling system

About This Home

As of January 2017

Here is a real money maker in downtown Bakersfield. There are a total of seven houses - five one bedroom houses, a two bedroom house with an attached garage and a three bedroom house with a carport and a detached garage. Each house has its own address and its own gas/electric meter. Lots of work has been done over the last few months. The three bedroom house has all new dual pane windows, new paint, and new carpet. The two bedroom house has new dual pane windows. The one bedroom houses are all in good condition.

Last Agent to Sell the Property

robert savage

Bakersfield Property Solutions License #01454127 Listed on: 10/04/2016

Last Buyer's Agent

robert savage

Bakersfield Property Solutions License #01454127 Listed on: 10/04/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 20,226 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 4,862 Sq Ft Home
  • Ceiling Fan
  • Laundry in unit

Utilities

  • Evaporated cooling system
  • Wall Furnace

Community Details

  • 7 Units
  • Gross Income $49,860

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 00209117

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0.46 Acres

Listing Details

  • CapRate: 0.15
  • Subdivision Name Other: Out of Area(962)
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 00209117
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Levels: One
  • Price Per Square Foot: 65.61

Exterior Features

  • Foundation: Raised
  • Roof: Shingle

Utilities

  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Curbs

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 20226.00

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Multiplier: 6.60
  • Gross Operating Income: 49860.00
  • Number Of Units Total: 7
  • Operating Expense: 12200.00
  • Vacancy Allowance Rate: 5.00

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
Oct 25, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 4, 2016
Closed on
Feb 2, 2017
Sold by
Bought by
Seller's Agent
robert savage
Bakersfield Property Solutions
Buyer's Agent
robert savage
Bakersfield Property Solutions
List Price
$329,000
Sold Price
$319,000
Premium/Discount to List
-$10,000
-3.04%

Purchase Details

Listed on
Oct 4, 2016
Closed on
Dec 21, 2016
Sold by
Bought by
Seller's Agent
robert savage
Bakersfield Property Solutions
Buyer's Agent
robert savage
Bakersfield Property Solutions
List Price
$329,000
Sold Price
$319,000
Premium/Discount to List
-$10,000
-3.04%

Purchase Details

Closed on
May 9, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 2008
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
$120,000
Interest Rate
0.0643%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2008
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
$120,000
Interest Rate
0.0643%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2008
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
$120,000
Interest Rate
0.0643%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
01/24/2017 01/24/17 Sold $319,000 0.0% -- View Prior Sale
01/24/2017 01/24/17 Sold $319,000 -3.0% $66 / Sq Ft
12/25/2016 12/25/16 Pending -- -- --
12/08/2016 12/08/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $329,000 0.0% $68 / Sq Ft
07/21/2016 07/21/16 For Sale $329,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $6,647 $370,220 $69,632 $300,588
2024 $6,535 $362,962 $68,267 $294,695
2023 $6,367 $355,846 $66,929 $288,917
2022 $6,195 $348,869 $65,617 $283,252
2021 $5,816 $342,030 $64,331 $277,699
2020 $5,685 $338,524 $63,672 $274,852
2019 $5,602 $338,524 $63,672 $274,852
2018 $5,501 $325,380 $61,200 $264,180
2017 $5,395 $311,416 $44,487 $266,929
2016 $5,009 $305,311 $43,615 $261,696
2015 $4,978 $300,726 $42,960 $257,766
2014 $4,838 $294,836 $42,119 $252,717
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI1071793

California Regional Multiple Listing Service (CRMLS)
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