NOT LISTED FOR SALE
2 Beds
2 Baths
6,048 Sq Ft
0.38 Acre Lot

Sale Details

Date Sold: January 5, 2017

Last sale price $2,300,000 $380 Per Sq Ft

36 Days on Market

About This Home

As of January 2017

Great investment opportunity for serious investor. Excellent southwest location. All units are 2 bedroom, 1 bath townhomes with private patios and some large yards. Inside laundry rooms, two covered parking spaces per unit. Almost new comp roofs, newer exterior paint. Well maintained, long term tenants. 4 parcels, 6 units per parcel (6300, 6304, 6308, 6312 Spice Way).

Last Agent to Sell the Property

Charles Ulbrich

Unknown Broker License #00594096 Listed on: 10/31/2016

Co-Listed By

AnneMarie Ulbrich

Spectrum Realty Group License #01734179

Last Buyer's Agent

Charles Ulbrich

Unknown Broker License #00594096 Listed on: 10/31/2016

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 16,591 Sq Ft Lot

Parking

  • 48 Car Parking Spaces

Interior Spaces

  • 6,048 Sq Ft Home
  • 2-Story Property

Schools

  • Hart Elementary School
  • Actis Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 38429005

Community Details

Overview

  • 24 Units

Building Details

  • Gross Income $252,000
  • Net Operating Income $114,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.38 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1981
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Co List Office Mls Id: 5933
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 6048.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 48.00
  • Parking Features: Other

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Lot Size Sq Ft: 16591.00
  • Parcel #: 38429005

Multi Family

  • Total Annual Expense: 102000.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 24
  • Annual Gross Income: 252000.00
  • Property Net Operating Income: 114000.00

MLS Schools

  • Elementary School: Hart, Leo B.

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
Jul 6, 2020
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
$1,629,000
Outstanding Balance
$1,411,867
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2019
Sold by
Bought by

Purchase Details

Listed on
Oct 31, 2016
Closed on
Dec 19, 2016
Sold by
Bought by
Seller's Agent
Charles Ulbrich
Unknown Broker
Buyer's Agent
Charles Ulbrich
Unknown Broker
List Price
$2,400,000
Sold Price
$2,300,000
Premium/Discount to List
-$100,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,515,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2012
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
$1,087,500
Interest Rate
3.84%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 13, 2001
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
$735,000
Interest Rate
7.05%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Spice, CA

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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
$2,425,000 Chicago Title Company
-- None Available
$2,300,000 Chicago Title Company
-- First American Title Insuran
$1,050,000 Fidelity National Title Co
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 $1,629,000
Previous Owner $1,515,000
Previous Owner $1,087,500
Previous Owner $1,015,000
Previous Owner $735,000
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
01/05/2017 01/05/17 Sold $2,300,000 -4.2% $380 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $2,400,000 -- $397 / 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 $9,923 $670,172 $98,260 $571,912
2025 $9,725 $657,033 $96,334 $560,699
2024 $9,725 $644,151 $94,446 $549,705
2023 $9,569 $631,522 $92,595 $538,927
2022 $7,987 $519,000 $88,000 $431,000
2021 $7,757 $519,000 $88,000 $431,000
2020 $8,773 $610,193 $72,692 $537,501
2019 $8,685 $610,193 $72,692 $537,501
2018 $8,313 $586,500 $69,870 $516,630
2017 $5,353 $334,758 $75,094 $259,664
2016 $5,050 $328,195 $73,622 $254,573
2015 $5,007 $323,267 $72,517 $250,750
2014 $4,899 $316,936 $71,097 $245,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21612736

Bakersfield Association of REALTORS® / GEMLS
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