NOT LISTED FOR SALE

Estimated Value: $739,000 - $885,000

8 Beds
5 Baths
4,480 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $515,000 $115 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,121/month

17 Days on Market

About This Home

As of June 2019

A great opportunity to invest in one of Bakersfield's most popular rental neighborhoods! This Laurelglen fourplex is a tenant's dream: rent upside, conveniently located, well maintained and spacious. Featuring an attractive mix of two and three bedroom units, attached garages and a manicured courtyard, this bread and butter apartment is a great addition to any investment portfolio. A five-minute walk brings you to the tree-lined Corvallis Park, filled with playgrounds and picnic tables. A short five-minute drive brings you to the food, shopping, and entertainment on either end of Ashe Road.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/28/2019

Last Buyer's Agent

Pamela Zulfa

Coldwell Banker Preferred,RLT License #00635925

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,277

Year Built

  • Built in 1983

Lot Details

  • 0.3 Acre Lot

Interior Spaces

  • 4,480 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Car Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 38131206

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $37,500
  • Net Operating Income $21,975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,277

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4480.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 3

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 13285.00
  • Parcel #: 38131206

Multi Family

  • Total Annual Expense: 14400.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 37500.00
  • Property Net Operating Income: 21975.00

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $515,000 0.0% $115 / Sq Ft
05/28/2019 05/28/19 For Sale $515,000 -- $115 / 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 $9,277 $574,488 $111,550 $462,938
2024 $9,277 $563,224 $109,363 $453,861
2023 $9,125 $552,181 $107,219 $444,962
2022 $8,748 $541,355 $105,117 $436,238
2021 $8,335 $530,741 $103,056 $427,685
2020 $8,156 $525,300 $102,000 $423,300
2019 $6,840 $431,539 $56,042 $375,497
2018 $6,556 $414,784 $53,867 $360,917
2017 $6,459 $406,652 $52,811 $353,841
2016 $6,081 $398,679 $51,776 $346,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21906311

Bakersfield Association of REALTORS® / GEMLS

APN: 381-312-06-00-0