NOT LISTED FOR SALE

Estimated Value: $299,000 - $358,000

3 Beds
1 Bath
1,704 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $155,000 $91 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,051/month

18 Days on Market

About This Home

As of October 2013

2 homes on one lot priced to sale. These homes have been remodeled inside and out, and brings in good income.gross rents total $1890 mo. net annual income is $18,751. 11% cap. rate.

Last Agent to Sell the Property

Bill Mell

Bill Mell & Associates License #01384776 Listed on: 09/06/2013

Last Buyer's Agent

Roger Magana

Golden Valley RealEstate Group License #01708253

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,764 Sq Ft Lot

Parking

  • 1 Car Parking Space

Home Design

  • Duplex

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property

Schools

  • Noble Elementary School
  • Washington Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 12501104

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $22,680
  • Net Operating Income $18,751

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1953
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1704.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 1.00
  • Parking Features: Other

Utilities

  • Heatcool: Central AC,Central Heat,Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 6764.00
  • Parcel #: 12501104

Multi Family

  • Total Annual Expense: 3929.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 2
  • Annual Gross Income: 22680.00
  • Property Net Operating Income: 18751.00

MLS Schools

  • Elementary School: Noble, Myra A.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2007
Sold by
Moreno Orendain Mario A and Moreno Rosemary Soto
Bought by
Hsbc Bank Usa Na and Nomura Home Equity Loan Inc Asset Backed
Current Estimated Value
$325,187
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
Hsbc Bank Usa Na $1,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2013 10/24/13 Sold $155,000 -6.1% $91 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $165,000 -- $97 / 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 $4,196 $202,258 $42,900 $159,358
2024 $4,069 $198,293 $42,059 $156,234
2023 $4,069 $194,406 $41,235 $153,171
2022 $3,841 $190,595 $40,427 $150,168
2021 $3,648 $186,859 $39,635 $147,224
2020 $3,573 $184,944 $39,229 $145,715
2019 $3,456 $184,944 $39,229 $145,715
2018 $3,365 $177,763 $37,706 $140,057
2017 $3,328 $174,278 $36,967 $137,311
2016 $2,887 $170,862 $36,243 $134,619
2015 $2,884 $168,296 $35,699 $132,597
2014 $2,783 $165,000 $35,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21308908

Bakersfield Association of REALTORS® / GEMLS

APN: 125-011-04-00-2