NOT LISTED FOR SALE
-- Bed
-- Bath
9,900 Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: August 12, 2022

Last sale price $1,300,000 $131 Per Sq Ft

21 Days on Market

About This Home

As of August 2022

14 Units For Sale! Units have Hvac! Now Stabilized with a unit mix of (6) 2 bedroom / 1 bathroom units and (8) 1 bedroom / 1 bathroom units. Gated complex with a large courtyard, and on-site laundry. Built in 1964.

Last Agent to Sell the Property

Alfonso Gomez Sanchez

People Realty, Inc. License #01337220 Listed on: 07/22/2022

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.48

Interior Spaces

  • 9,900 Sq Ft Home
  • 2-Story Property

Schools

  • Noble Elementary School
  • Washington Middle School
  • Highland School

Additional Features

  • 20,908 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 12532013

Community Details

Overview

  • 14 Units
  • Keith Addition Subdivision

Building Details

  • Gross Income $128,275
  • Net Operating Income $90,113

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.48 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1964
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 9900.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Central AC

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size Sq Ft: 20908.00
  • Parcel #: 12532013

Multi Family

  • Total Annual Expense: 38161.13
  • Vacancy Factor: 7.14
  • Number Of Units Total: 14
  • Annual Gross Income: 128275.00
  • Property Net Operating Income: 90113.13

MLS Schools

  • Elementary School: Noble, Myra A.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 1, 2022
Sold by
Bought by
Seller's Agent
Alfonso Gomez Sanchez
People Realty, Inc.
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$1,300,000
Sold Price
$1,300,000

Purchase Details

Listed on
Oct 23, 2017
Closed on
Nov 22, 2017
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Alfonso Gomez Sanchez
People Realty, Inc.
List Price
$836,000
Sold Price
$800,000
Premium/Discount to List
-$36,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Aug 20, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
6.14%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 Placer Title
$800,000 Placer Title Co
-- Chicago Title Company
$403,353 Servicelink
-- Security Union Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,983,255
Previous Owner $571,700
Previous Owner $474,500
Previous Owner $409,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2022 08/12/22 Sold $1,300,000 0.0% $131 / Sq Ft
07/22/2022 07/22/22 For Sale $1,300,000 +62.5% $131 / Sq Ft
01/10/2018 01/10/18 Sold $800,000 -4.3% $81 / Sq Ft View Prior Sale
12/11/2017 12/11/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $836,000 -- $84 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $27,799 $1,379,570 $164,487 $1,215,083
2025 $27,146 $1,352,520 $161,262 $1,191,258
2024 $27,146 $1,326,000 $158,100 $1,167,900
2023 $26,318 $1,300,000 $155,000 $1,145,000
2022 $20,200 $857,760 $58,970 $798,790
2021 $19,071 $840,942 $57,814 $783,128
2020 $19,071 $832,320 $57,222 $775,098
2019 $17,960 $832,320 $57,222 $775,098
2018 $15,311 $432,901 $54,112 $378,789
2017 $14,715 $424,413 $53,051 $371,362
2016 $7,494 $416,092 $52,011 $364,081
2015 $7,488 $409,843 $51,230 $358,613
2014 $7,282 $401,816 $50,227 $351,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202208342

Bakersfield Association of REALTORS® / GEMLS
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