NOT LISTED FOR SALE

Estimated Value: $660,000 - $922,000

10 Beds
8 Baths
4,463 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $2,675,000 $599 Per Sq Ft

Current estimated payment $5,535/month

195 Days on Market

About This Home

As of February 2017

This listing includes a total of Five, Fourplexes, 705, 709, 713, 717, 721, Meadow Grove Ct. for a total of 20 units. Each Fourplex consists of 2, 2BR/2BA and 2, 3BR/2BA and each unit has an attached 2 car garage. The West Day Ranch Apartments complex consist of 104 units and and are being sold only in groups of 5

Last Agent to Sell the Property

Vernon Gunter

Miramar International Commerci License #979445 Listed on: 07/07/2016

Last Buyer's Agent

Vernon Gunter

Miramar International Commerci License #979445 Listed on: 07/07/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,029

Year Built

  • Built in 2006

Lot Details

  • 0.49 Acre Lot

Parking

  • 20 Car Garage

Interior Spaces

  • 4,463 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 49149205

Community Details

Overview

  • 20 Units

Building Details

  • Gross Income $240,000
  • Net Operating Income $177,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,029

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2006
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4463.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 40.00
  • Parking Features: Garage
  • Garages: 20

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 21204.00
  • Parcel #: 49149205

Multi Family

  • Total Annual Expense: 62400.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 20
  • Annual Gross Income: 240000.00
  • Property Net Operating Income: 177600.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2016
Sold by
Arasu Susila and Arasu O L
Bought by
Jjbf Llc and Ksbfld Llc
Current Estimated Value
$812,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2016
Sold by
Arasu Grsusila and Arasu Lakshmana O
Bought by
Arasu Susila and Arasu O L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 2015
Sold by
Cartagena Group Ltd
Bought by
Arasu Lakshmana O and Arasu Susila
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
Jjbf Llc $5,350,000 Commonwealth Land Title
Arasu Susila -- None Available
Arasu Lakshmana O $500,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jjbf Llc $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $2,675,000 0.0% $599 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
07/07/2016 07/07/16 For Sale $2,675,000 -- $599 / 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 $13,029 $692,437 $185,711 $506,726
2024 $13,029 $678,861 $182,070 $496,791
2023 $12,605 $665,550 $178,500 $487,050
2022 $11,309 $585,098 $76,554 $508,544
2021 $10,892 $573,626 $75,053 $498,573
2020 $10,518 $567,745 $74,284 $493,461
2019 $10,379 $567,745 $74,284 $493,461
2018 $10,017 $545,700 $71,400 $474,300
2017 $9,691 $510,000 $71,400 $438,600
2016 $7,430 $379,000 $57,000 $322,000
2015 $7,381 $379,000 $57,000 $322,000
2014 $7,071 $357,000 $65,000 $292,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21608122

Bakersfield Association of REALTORS® / GEMLS

APN: 491-492-05-00-2