NOT LISTED FOR SALE

703 North St Taft, CA 93268

Estimated Value: $171,000 - $216,000

5 Beds
2 Baths
1,741 Sq Ft
$110/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $120,000 $69 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,253/month

38 Days on Market

About This Home

As of March 2020

Rarely does an opportunity present itself to acquire a duplex like this! Talk about cash flow! Both units are occupied on a month to month agreement. Front unit is 3 bedroom 2 bathrooms and the back unit is 1 bedroom and 1 bathroom. This property won't last long.

Last Agent to Sell the Property

Hector Gomez

Unknown Broker License #01935155 Listed on: 01/10/2020

Last Buyer's Agent

Fernando Mendoza

Unknown Broker License #01357900

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 4,808 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,741 Sq Ft Home
  • 1-Story Property

Schools

  • Roosevelt Taft Elementary School
  • Lincoln Middle School
  • Taft High School

Listing and Financial Details

  • Assessor Parcel Number 03122010

Community Details

Overview

  • 2 Units
  • Southern Pacific Land Cos Subdivision

Building Details

  • Gross Income $14,100
  • Net Operating Income $11,465

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1915
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1741.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Taft
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 4808.00
  • Parcel #: 03122010

Multi Family

  • Total Annual Expense: 2635.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 14100.00
  • Property Net Operating Income: 11465.00

MLS Schools

  • Elementary School: Roosevelt_Taft

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 1, 2019
Sold by
Global Services Group Llc
Bought by
Gomez Hector and Gomez Michelle
Seller's Agent
Terri Harmon
Unknown Broker
Buyer's Agent
Hector Gomez
Unknown Broker
List Price
$83,500
Sold Price
$70,000
Premium/Discount to List
-$13,500
-16.17%
Current Estimated Value
$192,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,039
Avg. Annual Appreciation
18.06%
Original Mortgage
$1,000,000
Outstanding Balance
$884,221
Interest Rate
3.75%
Mortgage Type
Small Business Administration
Estimated Equity
-$692,182
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
Gomez Hector $70,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Hector $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2020 03/18/20 Sold $120,000 -11.1% $69 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $135,000 +92.9% $78 / Sq Ft
12/06/2019 12/06/19 Sold $70,000 -16.2% $67 / Sq Ft View Prior Sale
11/07/2019 11/07/19 For Sale $83,500 -- $80 / 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 $2,994 $131,234 $21,871 $109,363
2024 $2,784 $128,662 $21,443 $107,219
2023 $2,784 $126,140 $21,023 $105,117
2022 $2,636 $123,667 $20,611 $103,056
2021 $2,468 $121,243 $20,207 $101,036
2020 $1,631 $70,000 $15,000 $55,000
2019 $1,735 $80,389 $17,225 $63,164
2018 $1,712 $77,269 $16,557 $60,712
2017 $1,676 $75,755 $16,233 $59,522
2016 $1,696 $74,270 $15,915 $58,355
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Hector Gomez

    Unknown Broker

    Section Image

  • F

    Buyer's Agent in 2020

    Fernando Mendoza

    Unknown Broker

  • T

    Seller's Agent in 2019

    Terri Harmon

    Unknown Broker

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202000380

Bakersfield Association of REALTORS® / GEMLS

APN: 031-220-10-00-9

California Kern County Taft 93268

703 North St, Taft, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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