NOT LISTED FOR SALE

Estimated Value: $368,788 - $514,000

2 Beds
2 Baths
1,590 Sq Ft
$289/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $421,000 $265 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,956/month

1 Day on Market

About This Home

As of February 2022

Lovely Duplex in North Bakersfield. Located off of Airport Drive and Merle Haggard near the New Amazon building. Each unit has 2 Bedrooms, 1 Bath with Single Car Garage and Air Conditioning. Both units are tenant occupied at this time. Tenant Occupied Units; Please DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Gerardo Montelongo

Avalar Real Estate Alliance License #01160070 Listed on: 01/03/2022

Avalar Real Estate Alliance

Last Buyer's Agent

Daniel Markendorf

Markendorf and Associates License #01501434

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 7,405

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property

Schools

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

Additional Features

  • 7,405 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 49141214

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $28,200
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2006
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1590.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 3.00
  • Parking Features: Garage, Other
  • Garages: 2

Utilities

  • Heatcool: Central AC

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 49141214

Multi Family

  • Total Annual Expense: 12000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 28200.00
  • Property Net Operating Income: 16200.00

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
Or E Rental Properties Llc
Bought by
Gonzalez Olimpo M
Current Estimated Value
$458,947

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
Outstanding Balance
$194,339
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$264,608

Purchase Details

Closed on
Jun 17, 2022
Sold by
Olimpo Gonzalez Jr
Bought by
O R E Rental Properties Llc

Purchase Details

Listed on
Jan 3, 2022
Closed on
Jan 18, 2022
Sold by
Entrust Administration Inc
Bought by
Gonzalez Olimpo
Seller's Agent
Gerardo Montelongo
Avalar Real Estate Alliance
Buyer's Agent
Daniel Markendorf
Markendorf and Associates
List Price
$410,000
Sold Price
$421,000
Premium/Discount to List
$11,000
2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%

Purchase Details

Closed on
Dec 18, 2006
Sold by
Elmer F Karpe Inc
Bought by
Entrust Admin Inc and Fernando Leyva Acct #31396La

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2006
Sold by
North Country Meadows Inc
Bought by
Riverwood 88 Corp

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
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Olimpo M -- Chicago Title Company
O R E Rental Properties Llc -- Guerrero Mears Llp
Gonzalez Olimpo $421,000 Chicago Title
Entrust Admin Inc $344,000 First American Title Company
Riverwood 88 Corp $300,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Olimpo M $200,000
Previous Owner Entrust Admin Inc $172,000
Previous Owner Riverwood 88 Corp $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2022 02/03/22 Sold $421,000 +2.7% $265 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $410,000 -- $258 / 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 $6,864 $389,109 $72,828 $316,281
2024 $6,864 $381,480 $71,400 $310,080
2023 $7,307 $429,420 $81,600 $347,820
2022 $5,128 $261,000 $40,000 $221,000
2021 $4,846 $249,000 $40,000 $209,000
2020 $4,689 $248,000 $40,000 $208,000
2019 $4,219 $210,000 $40,000 $170,000
2018 $4,124 $210,000 $40,000 $170,000
2017 $3,885 $189,000 $50,000 $139,000
2016 $3,269 $159,000 $32,000 $127,000
2015 $3,274 $180,000 $40,000 $140,000
2014 $3,136 $375,963 $108,196 $267,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202200066

Bakersfield Association of REALTORS® / GEMLS

APN: 491-412-14-00-4