NOT LISTED FOR SALE

Estimated Value: $427,261

4 Beds
1 Bath
2,900 Sq Ft
$147/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2017

Last sale price $239,900 $83 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,909 / mo

23 Days on Market

About This Home

As of October 2017

HUGE Income Potential....4-Plex near Downtown Bakersfield, close to everything. ALL are 2 bedrooms 1 bath units. TWO buildings total. ONLY $62.500 per unit! Investors or new investors, here is your start. The one tenant has been here for 5 years and rents can be increased. Seller has over the past months NOT renewed leases trying to empty the units for a new owner so THREE are vacant now. Each unit has heat, air, carpet, tile, bathroom remodels, Breakfast bars, Range, Oven and hoods. Roof is a great comp roof and the there are 2 parking places for each unit PLUS an owners parking spot. Great Bakersfield location. The three vacant units were rented for $650/ mo each but could be much higher. This can be a positive cash flow investment property and you could live in one and rent the others out with almost nothing out of pocket for your living expenses. Also, each building and unit is on its own utilities! Where else can you get 4 great units at about $62,500 EACH?

Last Agent to Sell the Property

Patricia Sikes

Unknown Broker License #01312378 Listed on: 10/04/2017

Last Buyer's Agent

Patricia Sikes

Unknown Broker License #01312378 Listed on: 10/04/2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 8,041 Sq Ft Lot

Parking

  • 8 Car Parking Spaces

Interior Spaces

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

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00205106

Community Details

Overview

  • 4 Units
  • Homaker Park Subdivision

Building Details

  • Gross Income $30,000
  • Net Operating Income $22,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

8,041 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1969
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • MLS Status: Sold
  • Standard Status: Closed
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2900.00

Exterior Features

  • Disclosures: Call Listing Agent

Garage/Parking

  • Parking: 8.00
  • Parking Features: Other

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

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

Lot Info

  • Lot Size Sq Ft: 8041.00
  • Parcel #: 00205106

Multi Family

  • Total Annual Expense: 7300.00
  • Vacancy Factor: 25.00
  • Number Of Units Total: 4
  • Annual Gross Income: 30000.00
  • Property Net Operating Income: 22700.00

MLS Schools

  • Elementary School: Franklin

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

Closed on
Sep 24, 2021
Sold by
Cobra 28 No 8 Lp
Bought by
Current Estimated Value
$427,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,189
Outstanding Balance
$30,354
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$396,907

Purchase Details

Listed on
Oct 4, 2017
Closed on
Oct 16, 2017
Sold by
Clark Cheryl P and Mr Bearys Properties
Bought by
Cobra 28 #8 Lp
Seller's Agent
Patricia Sikes
Unknown Broker
Buyer's Agent
Patricia Sikes
Unknown Broker
List Price
$250,000
Sold Price
$239,900
Premium/Discount to List
-$10,100
-4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Mar 2, 2017
Sold by
East Side Home Loans
Bought by
Mr Beary S Properties

Purchase Details

Closed on
Jul 31, 2015
Sold by
Lei Troy T
Bought by
East Side Home Loans

Purchase Details

Closed on
Jul 7, 2015
Sold by
Lei Crystal
Bought by
Lei Troy T

Purchase Details

Closed on
Jun 30, 2015
Sold by
Akamai Strategies Llc
Bought by
Lei Troy T

Purchase Details

Closed on
Dec 15, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Akamai Strategies Llc

Purchase Details

Closed on
Sep 16, 2010
Sold by
Rocha Jose and Rocha Maria Inez
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 25, 2002
Sold by
Gonzales Maria
Bought by
Rocha Jose and Rocha Maria Inez

Purchase Details

Closed on
Aug 27, 2002
Sold by
Gonzales Urbano
Bought by
Gonzales Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,192
Interest Rate
6.43%

Purchase Details

Closed on
Feb 6, 1995
Sold by
Bestidas Rosa and Perez Pedro
Bought by
Gonzalez Maria

Purchase Details

Closed on
Dec 14, 1993
Sold by
Martinez Benito and Martinez Luz Maria
Bought by
Gonzalez Maria and Bestidas Rosa
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Bakersfield, CA

See All Agents

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
-- Orange Coast Title Co
Cobra 28 #8 Lp $240,000 Chicago Title Company
Mr Beary S Properties -- None Available
East Side Home Loans -- None Available
Lei Troy T -- Chicago Title Company
Lei Troy T $178,000 Chicago Title Company
Akamai Strategies Llc $110,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $84,207 Accommodation
Rocha Jose $131,000 Commerce Title
Gonzales Maria -- Fidelity National Title Co
Gonzalez Maria -- --
Gonzalez Maria $108,000 Heritage 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 $34,189
Previous Owner Rocha Jose $229,200
Previous Owner Gonzales Maria $106,192
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
10/27/2017 10/27/17 Sold $239,900 -4.0% $83 / Sq Ft
10/04/2017 10/04/17 For Sale $250,000 -- $86 / 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 $5,732 $278,534 $40,617 $237,917
2025 $5,621 $273,073 $39,821 $233,252
2024 $5,621 $267,720 $39,041 $228,679
2023 $5,481 $262,472 $38,276 $224,196
2022 $5,309 $257,326 $37,526 $219,800
2021 $4,932 $252,282 $36,791 $215,491
2020 $4,798 $249,696 $36,414 $213,282
2019 $4,706 $249,696 $36,414 $213,282
2018 $4,607 $240,000 $35,000 $205,000
2017 $3,917 $181,560 $35,700 $145,860
2016 $3,677 $178,000 $35,000 $143,000
2015 $2,980 $117,259 $21,319 $95,940
2014 $2,889 $114,963 $20,902 $94,061
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21711609

Bakersfield Association of REALTORS® / GEMLS

APN: 002-051-06-00-4

Your Personal Tour Guide

Ask me questions while you tour the home.