NOT LISTED FOR SALE

6425 Park Ave Lake Isabella, CA 93240

Estimated Value: $172,000 - $327,000

6 Beds
3 Baths
2,520 Sq Ft
$89/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $78,500 $31 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $1,327/month

25 Days on Market

About This Home

As of December 2015

Great investment in Lake Isabella. All units are 2 bed 1 bath.

Last Agent to Sell the Property

Debbie Banducci

Miramar International-Riverwal License #01083331 Listed on: 11/05/2015

Last Buyer's Agent

Don Simpson

TRI-CAL REALTY License #589734

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 1968

Lot Details

  • 8,382

Parking

  • Carport

Additional Features

  • 1-Story Property
  • 8,382 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 48621102

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $0
  • Net Operating Income $0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,575

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1968
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: REO

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Other

Lot Info

  • Lot Size Sq Ft: 8382.00
  • Parcel #: 48621102

Multi Family

  • Total Annual Expense: 0.10
  • Vacancy Factor: 0.10
  • Number Of Units Total: 3
  • Annual Gross Income: 0.10
  • Property Net Operating Income: 0.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2015
Closed on
Dec 23, 2015
Sold by
The Bank Of New York Mellon
Bought by
Elliott C Michael
Seller's Agent
Debbie Banducci
Miramar International-Riverwal
Buyer's Agent
Don Simpson
TRI-CAL REALTY
List Price
$76,900
Sold Price
$78,500
Premium/Discount to List
$1,600
2.08%
Current Estimated Value
$224,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,833
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
Mar 25, 2015
Sold by
Jones Robert P
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jan 27, 2006
Sold by
Bigelow William M and Bigelow Janice F
Bought by
Jones Robert P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 6, 2004
Sold by
Rutherford Danny Lee
Bought by
Bigelow William M and Bigelow Janice F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1999
Sold by
Rutherford Danny Lee and Rutherford Cynthia P
Bought by
Rutherford Danny Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,200
Interest Rate
7.4%
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
Elliott C Michael $78,500 Servicelink
The Bank Of New York Mellon $149,600 Accommodation
Jones Robert P $268,000 Fidelity National Title Co
Bigelow William M $130,000 Commonwealth Title
Rutherford Danny Lee -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Robert P $214,400
Previous Owner Bigelow William M $104,000
Previous Owner Rutherford Danny Lee $81,200
Closed Bigelow William M $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $78,500 +2.1% $31 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $76,900 -- $31 / 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 $1,575 $92,920 $29,591 $63,329
2024 $1,524 $91,099 $29,011 $62,088
2023 $1,524 $89,314 $28,443 $60,871
2022 $1,468 $87,564 $27,886 $59,678
2021 $1,298 $85,848 $27,340 $58,508
2020 $1,219 $84,969 $27,060 $57,909
2019 $1,203 $84,969 $27,060 $57,909
2018 $1,181 $81,671 $26,010 $55,661
2017 $1,171 $80,070 $25,500 $54,570
2016 $1,111 $78,500 $25,000 $53,500
2015 $2,064 $164,311 $18,393 $145,918
2014 $2,067 $164,311 $18,393 $145,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21513304

Bakersfield Association of REALTORS® / GEMLS

APN: 486-211-02-00-6