NOT LISTED FOR SALE

Estimated Value: $585,000 - $725,000

9 Beds
6 Baths
3,271 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $550,000 $168 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,174/month

10 Days on Market

About This Home

As of November 2021

Check out this triplex in a great area of the NorthEast side of town! Below market rents allow for a huge upside and great return with minimal maintenance! Current rents are $1,060, $1,100, and $1,000. All units are a 3 bedroom 2 bathroom with private indoor utilities and each have their own two car garage! Great asset to add to your portfolio!

Last Agent to Sell the Property

Nik Boone

Ascend Real Estate and Propert License #01892266 Listed on: 10/20/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 3,271 Sq Ft Home
  • 2-Story Property

Schools

  • Hort Elementary School
  • Stiern Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 43408003

Community Details

Overview

  • 3 Units
  • 5646 Ph 1 Subdivision

Building Details

  • Gross Income $37,920
  • Net Operating Income $24,165

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1995
  • Building Stories: 2
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3271.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Garage
  • Garages: 3

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Highland
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 8276.00
  • Parcel #: 43408003

Multi Family

  • Total Annual Expense: 13755.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 3
  • Annual Gross Income: 37920.00
  • Property Net Operating Income: 24165.00

MLS Schools

  • Elementary School: Hort

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
Mora Javier F and Mora Rosa M
Bought by
Mora Javier F and Mora Rosa
Current Estimated Value
$661,660

Purchase Details

Listed on
Oct 20, 2021
Closed on
Oct 28, 2021
Sold by
Litam Elben Llc
Bought by
Mora Javier and Mora Rosa
Seller's Agent
Nik Boone
Ascend Real Estate and Propert
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$330,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 15, 2020
Sold by
Thomas William E and Thomas Helen
Bought by
Litam Elben Llc
Seller's Agent
Garry Singh
Bluehorse Real Estate, Inc.
Buyer's Agent
Garry Singh
Bluehorse Real Estate, Inc.
List Price
$433,000
Sold Price
$428,000
Premium/Discount to List
-$5,000
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.95%

Purchase Details

Closed on
Dec 27, 2018
Sold by
Gray James L
Bought by
Thomas William E and Thomas Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2013
Sold by
Gray James L
Bought by
Gray James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,900
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2001
Sold by
Gray James Leon
Bought by
Gray James L

Purchase Details

Closed on
Jul 18, 2001
Sold by
Gray James L
Bought by
Gray James Leon and The James Leon Gray Trust
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
Mora Javier F -- Mora Javier F
Mora Javier $550,000 Placer Title Company
Litam Elben Llc $428,000 Chicago Title Company
Thomas William E $350,000 Chicago Title Bakersfield
Gray James L -- Landsafe Title Of Ca Inc
Gray James L -- American Title
Gray James Leon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mora Javier $330,000
Previous Owner Thomas William E $262,500
Previous Owner Gray James L $196,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $550,000 +10.0% $168 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $499,900 +16.8% $153 / Sq Ft
12/24/2020 12/24/20 Sold $428,000 -1.2% $131 / Sq Ft View Prior Sale
11/24/2020 11/24/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $433,000 -- $132 / 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 $8,562 $583,663 $84,896 $498,767
2024 $8,400 $572,220 $83,232 $488,988
2023 $8,400 $561,000 $81,600 $479,400
2022 $8,222 $550,000 $80,000 $470,000
2021 $6,562 $428,000 $70,000 $358,000
2020 $5,639 $357,000 $61,200 $295,800
2019 $4,890 $303,519 $27,071 $276,448
2018 $4,770 $291,735 $26,021 $265,714
2017 $4,728 $286,015 $25,511 $260,504
2016 $4,351 $280,408 $25,011 $255,397
2015 $4,325 $276,197 $24,636 $251,561
2014 $4,193 $270,788 $24,154 $246,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202111421

Bakersfield Association of REALTORS® / GEMLS

APN: 434-080-03-00-6