NOT LISTED FOR SALE

Estimated Value: $646,000 - $955,378

12 Beds
8 Baths
3,840 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $500,000 $130 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,065/month

144 Days on Market

Highlights

  • 15,330 Sq Ft lot
  • 1-Story Property
  • 3-minute walk to Lowell Park

About This Home

As of March 2018

Newly built 2016 two duplexes on one lot surrounded by mature trees. 637 & 643 R St. 4 units total, each unit is 3 bed 2 bath. Granite countertops, tile flooring throughout, central A/C, Laundry Hookup. Close to schools, parks, shops, and transportation. Each unit rents for $950.

Last Agent to Sell the Property

Jason Moss

Moss Real Estate License #01705005 Listed on: 09/08/2017

Last Buyer's Agent

Jason Moss

Moss Real Estate License #01705005 Listed on: 09/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,358

Year Built

  • Built in 2016

Lot Details

  • 0.35 Acre Lot

Interior Spaces

  • 3,840 Sq Ft Home
  • 1-Story Property

Parking

  • 8 Car Parking Spaces
  • Uncovered Parking

Schools

  • Mckinley Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00938009

Community Details

Overview

  • 4 Units
  • Lowell Add Subdivision

Building Details

  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,358

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2016
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3840.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 15330.00
  • Parcel #: 00938009

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 1.00
  • Property Net Operating Income: 1.00

MLS Schools

  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Feb 6, 2018
Sold by
Liu Ying G and Lw Trust
Bought by
Palma Hugo L Ramirez
Seller's Agent
Jason Moss
Moss Real Estate
Buyer's Agent
Jason Moss
Moss Real Estate
List Price
$539,900
Sold Price
$500,000
Premium/Discount to List
-$39,900
-7.39%
Current Estimated Value
$801,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,595
Avg. Annual Appreciation
4.88%
Original Mortgage
$375,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2016
Sold by
Woollard Winchester and Winmark Trust
Bought by
Liu Ying G and Lw Trust

Purchase Details

Closed on
Jan 12, 2015
Sold by
Leal Jesse and Leal Mary Lou
Bought by
Winmark Llc

Purchase Details

Closed on
May 31, 2012
Sold by
Leal Julia and Garza Angela
Bought by
Leal Jesse and Leal Mary Lou

Purchase Details

Closed on
Jul 2, 2004
Sold by
Wiley Samuel E and Wiley Artea E
Bought by
Garza Julia Leal and Garza Angela
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 Buyer Sale Price Title Company
Palma Hugo L Ramirez $500,000 Placer Title Co
Liu Ying G $50,000 None Available
Winmark Llc $38,000 Placer Title Company
Leal Jesse -- None Available
Garza Julia Leal $43,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palma Hugo L Ramirez $368,340
Closed Palma Hugo L Ramirez $375,000
Previous Owner Winmark Llc $175,000
Previous Owner Winmark Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $500,000 -7.4% $130 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
09/08/2017 09/08/17 For Sale $539,900 -- $141 / 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 $8,358 $568,909 $56,889 $512,020
2024 $8,358 $557,755 $55,774 $501,981
2023 $8,182 $546,820 $54,681 $492,139
2022 $7,994 $536,099 $53,609 $482,490
2021 $7,561 $525,588 $52,558 $473,030
2020 $7,420 $520,200 $52,020 $468,180
2019 $7,262 $520,200 $52,020 $468,180
2018 $5,133 $399,840 $38,760 $361,080
2017 $5,172 $392,000 $38,000 $354,000
2016 $431 $38,579 $38,579 $0
2015 $355 $31,352 $31,352 $0
2014 $344 $30,738 $30,738 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21710617

Bakersfield Association of REALTORS® / GEMLS

APN: 009-380-09-00-1