NOT LISTED FOR SALE

Estimated Value: $873,000 - $973,000

8 Beds
8 Baths
4,431 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $580,000 $131 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,963/month

About This Home

As of October 2019

Investor's opportunity. This 4-plex features two units with 3/2, and two units with 2/2, each unit has indoor laundry & fireplace & 2 car garages, refrigerator, microwave, gas range/oven, dishwasher & private patio. All units occupied. Built in 2005. Tile roof. New Amazon Distribution Facility close by. Easy access to freeway & airport.

Last Agent to Sell the Property

YA MEEK

Coldwell Banker Preferred,RLT License #01310942 Listed on: 08/28/2019

Coldwell Banker Preferred,RLT

Last Buyer's Agent

YA MEEK

Coldwell Banker Preferred,RLT License #01310942 Listed on: 08/28/2019

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,851

Year Built

  • Built in 2005

Lot Details

  • 0.33 Acre Lot

Parking

  • 8 Car Garage

Interior Spaces

  • 4,431 Sq Ft Home
  • 1-Story Property

Schools

  • Highland Elementary School
  • Standard Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 49147103

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $56,580
  • Net Operating Income $30,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,851

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2005
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4431.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 8.00
  • Parking Features: Garage
  • Garages: 8

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 14300.00
  • Parcel #: 49147103

Multi Family

  • Total Annual Expense: 23070.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 56580.00
  • Property Net Operating Income: 30030.00

MLS Schools

  • Elementary School: Highland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Sep 24, 2019
Sold by
Yip Michael Muy and Chhan Linda
Bought by
Ang Hui Seng and Chhan Shirley
Seller's Agent
YA MEEK
Coldwell Banker Preferred,RLT
Buyer's Agent
YA MEEK
Coldwell Banker Preferred,RLT
List Price
$609,000
Sold Price
$580,000
Premium/Discount to List
-$29,000
-4.76%
Current Estimated Value
$933,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,710
Avg. Annual Appreciation
7.70%
Original Mortgage
$435,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2013
Sold by
Yip Michael Muy and Chhan Linda
Bought by
Yip Michael Muy and Chhan Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Kuong Muy and Chhan Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2010
Sold by
Tiqui Geoffrey Alan and Tiqui Shawn Lynn
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Dec 2, 2005
Sold by
Cartagena Group Ltd
Bought by
Tiqui Geoffrey Alan and Tiqui Shawn Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 15, 2005
Sold by
Denela Llc
Bought by
Cartagena Group Ltd
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ang Hui Seng $580,000 Chicago Title Company
Yip Michael Muy -- None Available
Kuong Muy $382,000 Chicago Title Company
Bac Home Loans Servicing Lp $385,000 Landsafe Title
Tiqui Geoffrey Alan $685,000 Stewart Title
Cartagena Group Ltd $61,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ang Hui Seng $430,000
Closed Ang Hui Seng $435,000
Previous Owner Yip Michael Muy $270,000
Previous Owner Kuong Muy $286,500
Previous Owner Tiqui Geoffrey Alan $137,000
Previous Owner Tiqui Geoffrey Alan $479,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $580,000 -4.8% $131 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/28/2019 08/28/19 For Sale $609,000 -- $137 / 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 $11,851 $634,311 $103,895 $530,416
2024 $11,851 $621,874 $101,858 $520,016
2023 $11,460 $609,681 $99,861 $509,820
2022 $11,009 $597,727 $97,903 $499,824
2021 $10,621 $586,008 $95,984 $490,024
2020 $10,243 $580,000 $95,000 $485,000
2019 $8,510 $447,495 $70,285 $377,210
2018 $8,210 $430,119 $67,556 $362,563
2017 $8,203 $421,686 $66,232 $355,454
2016 $7,486 $413,419 $64,934 $348,485
2015 $7,374 $407,210 $63,959 $343,251
2014 $7,225 $399,235 $62,707 $336,528
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21910286

Bakersfield Association of REALTORS® / GEMLS

APN: 491-471-03-00-3