NOT LISTED FOR SALE

Estimated Value: $755,000 - $894,198

8 Beds
5 Baths
4,022 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $545,000 $136 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,396/month

140 Days on Market

About This Home

As of May 2019

Great Rental Area in Laurelglen! These units have just been freshened up on the exterior, some interiors have newer flooring. Three units are 2/1 with a single car garage, and one is a 3 bdrm/2 bath unit with 2 car garage. There are laundry hookups in all units.This property appears to have been well maintained with a newer roof. Potential upside in the rents. Built in 1982. Rent range is $750-$995. Drive by today and see if this fits in your portfolio!

Last Agent to Sell the Property

Kristi Barnhard

Miramar International Calloway License #01871651 Listed on: 11/26/2018

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,674

Year Built

  • Built in 1982

Lot Details

  • 0.33 Acre Lot

Interior Spaces

  • 4,022 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Schools

  • Laurelglen Elementary School
  • Tevis Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 38130022

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $42,180
  • Net Operating Income $29,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,674

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1982
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4022.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Tevis

Lot Info

  • Lot Size Sq Ft: 14381.00
  • Parcel #: 38130022

Multi Family

  • Total Annual Expense: 12305.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 42180.00
  • Property Net Operating Income: 29875.00

MLS Schools

  • Elementary School: Laurelglen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Price Andrea
Bought by
A C Price Revocable Living Trust and Price
Current Estimated Value
$842,300

Purchase Details

Listed on
Nov 26, 2018
Closed on
May 3, 2019
Sold by
Dorothea Llc
Bought by
Price Andrea
Seller's Agent
Kristi Barnhard
Miramar International Calloway
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$569,500
Sold Price
$545,000
Premium/Discount to List
-$24,500
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$381,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2012
Sold by
Bankson Sharon
Bought by
Tekla Land Trust

Purchase Details

Closed on
Dec 11, 2011
Sold by
Bankson Dennis
Bought by
Bankson Sharon

Purchase Details

Closed on
Dec 8, 2011
Sold by
Andreas Land Trust #1
Bought by
Christensen David

Purchase Details

Closed on
Dec 2, 2011
Sold by
Christensen David
Bought by
Bankson Sharon

Purchase Details

Closed on
Sep 21, 2007
Sold by
Christensen David G
Bought by
Andreas Land Trust #1

Purchase Details

Closed on
Mar 31, 2006
Sold by
Kidholm Llc
Bought by
Christensen David G

Purchase Details

Closed on
Jul 19, 2005
Sold by
Kidholm Llc
Bought by
Christensen David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 2, 2004
Sold by
Christensen David
Bought by
Kidholm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2004
Sold by
Christensen David
Bought by
Christensen David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2002
Sold by
Quintal Frank A and Quintal Paulette G
Bought by
Christensen David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%

Purchase Details

Closed on
Feb 2, 1998
Sold by
Quintal Frank A and Quintal Paulette G
Bought by
Quintal Frank A and Quintal Paulette G

Purchase Details

Closed on
Dec 2, 1997
Sold by
Quintal Evangeline S
Bought by
Quintal Evangeline S and Revocable Trust Of Evangeline
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
A C Price Revocable Living Trust -- None Listed On Document
Price Andrea $545,000 Ticor Title Company
Tekla Land Trust -- None Available
Bankson Sharon -- First American Title Company
Christensen David -- First American Title Company
Bankson Sharon $240,000 First American Title Company
Andreas Land Trust #1 -- None Available
Christensen David G -- None Available
Christensen David -- Alliance Title Company
Kidholm Llc -- Commonwealth Title
Christensen David G -- First American Title
Christensen David G $250,000 First American Title
Quintal Frank A -- --
Quintal Evangeline S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Andrea $381,500
Previous Owner Christensen David $413,000
Previous Owner Christensen David $192,000
Previous Owner Christensen David G $245,000
Previous Owner Christensen David G $200,000
Closed Christensen David G $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $545,000 -4.3% $136 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $569,500 -- $142 / 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 $9,674 $607,954 $111,550 $496,404
2024 $9,674 $596,034 $109,363 $486,671
2023 $9,517 $584,348 $107,219 $477,129
2022 $9,126 $572,891 $105,117 $467,774
2021 $8,709 $561,658 $103,056 $458,602
2020 $8,527 $555,900 $102,000 $453,900
2019 $5,056 $275,634 $45,936 $229,698
2018 $4,864 $264,933 $44,153 $220,780
2017 $4,793 $259,739 $43,288 $216,451
2016 $4,544 $254,647 $42,440 $212,207
2015 $4,492 $250,823 $41,803 $209,020
2014 $4,380 $245,911 $40,985 $204,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21813924

Bakersfield Association of REALTORS® / GEMLS

APN: 381-300-22-00-9