NOT LISTED FOR SALE

6516 Mohawk St Bakersfield, CA 93308

Olive Drive Area Neighborhood

Estimated Value: $623,904 - $693,000

9 Beds
5 Baths
3,260 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $485,000 $149 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,251/month

146 Days on Market

About This Home

As of May 2021

Fully occupied 4-plex in NW Bakersfield. Major remodel done in all units except unit B. Well under market rents, very low maintenance with recent upgrades.

Last Agent to Sell the Property

Kevin Peters

Coldwell Banker Preferred,RLT License #01471707 Listed on: 11/23/2020

Coldwell Banker Preferred,RLT

Co-Listed By

Coleen Peters

Coldwell Banker Preferred,RLT License #829354

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 7,840

Parking

  • 1 Car Garage
  • Uncovered Parking

Schools

  • Beardsley Elementary And Middle School
  • North High School

Additional Features

  • 2-Story Property
  • 7,840 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 36419004

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $43,200
  • Net Operating Income $25,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1982
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 6198
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 5.00
  • Parking Features: Garage, Uncovered
  • Garages: 1

Utilities

  • Heatcool: Central AC

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.00
  • Parcel #: 36419004

Multi Family

  • Total Annual Expense: 17450.00
  • Vacancy Factor: 0.02
  • Number Of Units Total: 4
  • Annual Gross Income: 43200.00
  • Property Net Operating Income: 25750.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
May 14, 2021
Sold by
Ponce Monica Elizabeth
Bought by
Moreno Jorge Luis
Seller's Agent
Kevin Peters
Coldwell Banker Preferred,RLT
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$465,000
Sold Price
$485,000
Premium/Discount to List
$20,000
4.3%
Current Estimated Value
$659,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,293
Avg. Annual Appreciation
7.19%
Original Mortgage
$363,750
Outstanding Balance
$328,947
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$340,029

Purchase Details

Listed on
Nov 23, 2020
Closed on
Apr 23, 2021
Sold by
Miller Dustin and Miller Karen E
Bought by
Moreno Jorge Luis
Seller's Agent
Kevin Peters
Coldwell Banker Preferred,RLT
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$465,000
Sold Price
$485,000
Premium/Discount to List
$20,000
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Outstanding Balance
$328,947
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$340,029

Purchase Details

Closed on
Aug 3, 2016
Sold by
Miller Dustin
Bought by
Miller Dustin and Miller Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2009
Sold by
Gmac Mortgage Llc
Bought by
Miller Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,576
Interest Rate
5.09%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2009
Sold by
Coronado Edward
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Feb 24, 2006
Sold by
Coronado Maria Guadalupe
Bought by
Coronado Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,900
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2004
Sold by
Coronado Mercedes
Bought by
Coronado Emelina

Purchase Details

Closed on
Mar 11, 2004
Sold by
Coronado Jorge
Bought by
Coronado Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2004
Sold by
Murphy William A and Murphy Debbra E
Bought by
Coronado Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 1998
Sold by
Porter Richard L and Porter Barbara D
Bought by
Murphy William A and Murphy Debra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.99%
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
Moreno Jorge Luis -- Placer Title Company
Moreno Jorge Luis $485,000 Placer Title Company
Miller Dustin -- First American Title Company
Miller Dustin $189,000 First American Title Company
Gmac Mortgage Llc $218,700 None Available
Coronado Edward -- Fidelity Title Company
Coronado Edward $440,000 Fidelity Title Company
Coronado Emelina -- --
Coronado Mercedes -- Fidelity Title
Coronado Mercedes $293,000 Fidelity Title
Murphy William A $95,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Jorge Luis $363,750
Previous Owner Miller Dustin $220,500
Previous Owner Miller Dustin $185,576
Previous Owner Coronado Edward $351,900
Previous Owner Coronado Mercedes $234,000
Previous Owner Murphy William A $76,000
Closed Murphy William A $9,500
Closed Coronado Mercedes $29,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2021 05/18/21 Sold $485,000 +4.3% $149 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $465,000 -- $143 / 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 $9,678 $526,060 $135,304 $390,756
2024 $9,428 $515,746 $132,651 $383,095
2023 $9,428 $505,634 $130,050 $375,584
2022 $8,976 $495,720 $127,500 $368,220
2021 $5,438 $225,376 $41,733 $183,643
2020 $5,189 $223,066 $41,306 $181,760
2019 $5,138 $223,066 $41,306 $181,760
2018 $4,956 $214,406 $39,703 $174,703
2017 $4,852 $210,203 $38,925 $171,278
2016 $4,648 $206,082 $38,162 $167,920
2015 $4,532 $202,987 $37,589 $165,398
2014 $4,322 $189,000 $30,000 $159,000
Source: Public Records

Agents Affiliated with this Home

  • Kevin Peters

    Seller's Agent in 2021

    Kevin Peters

    Coldwell Banker Preferred,RLT

    (661) 900-5230

    2 in this area

    83 Total Sales

    Kevin Peters
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Coleen Peters

    Coldwell Banker Preferred,RLT

    (661) 747-9001

    2 in this area

    70 Total Sales

    Coleen Peters
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202012352

Bakersfield Association of REALTORS® / GEMLS

APN: 364-190-04-00-1

California Kern County Bakersfield 93308 Olive Drive Area

6516 Mohawk St, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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