NOT LISTED FOR SALE

Estimated Value: $642,000 - $919,000

10 Beds
8 Baths
4,463 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $1,200,000 $269 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $5,611/month

31 Days on Market

About This Home

As of November 2017

The listing Includes both 711 and 715 W. Day. Each fourplex consists of two 3Br, 2Ba units and two 2Br, 2Ba units Each units has laundry hookups and a 2 car attached garage. All units are constructed from concrete and engineered to be very energy efficient. The entire complex show a commitment to pride of ownership.

Last Agent to Sell the Property

Bill Suri

Watson Realty License #01728256 Listed on: 09/21/2017

Last Buyer's Agent

Skip Ogle

Unknown Broker License #01036646

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,989

Year Built

  • Built in 2005

Lot Details

  • 0.32

Parking

  • 8 Car Garage

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 49149103

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $100,800
  • Net Operating Income $65,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,989

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2005
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 16.00
  • Parking Features: Garage
  • Garages: 8

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Parcel #: 49149103

Multi Family

  • Total Annual Expense: 35280.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 8
  • Annual Gross Income: 100800.00
  • Property Net Operating Income: 65520.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Robert A And Deborah L Klassen Family Tr
Bought by
Klassen Family Limited Partner
Current Estimated Value
$820,000

Purchase Details

Listed on
Sep 21, 2017
Closed on
Nov 1, 2017
Sold by
Kaur Malvinder and Singh Kanwal J
Bought by
Klassen Robert A and Klassen Deborah L
Seller's Agent
Bill Suri
Watson Realty
Buyer's Agent
Skip Ogle
Unknown Broker
List Price
$1,138,000
Sold Price
$1,200,000
Premium/Discount to List
$62,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.13%
Original Mortgage
$550,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2016
Sold by
Cartagena Group Ltd
Bought by
Singh Kanwal J and Kaur Malvinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Klassen Family Limited Partner -- Lebeau Thelen Llp
Klassen Robert A $1,680,000 Chicago Title Company
Singh Kanwal J $500,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klassen Robert A $550,000
Previous Owner Singh Kanwal J $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $1,200,000 +5.4% $269 / Sq Ft
10/22/2017 10/22/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $1,138,000 -- $255 / 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 $12,989 $692,968 $185,711 $507,257
2024 $12,989 $679,381 $182,070 $497,311
2023 $11,923 $612,439 $103,895 $508,544
2022 $11,449 $600,431 $101,858 $498,573
2021 $11,032 $588,659 $99,861 $488,798
2020 $11,032 $582,624 $98,838 $483,786
2019 $10,512 $582,624 $98,838 $483,786
2018 $10,143 $560,000 $95,000 $465,000
2017 $9,644 $510,000 $71,400 $438,600
2016 $9,029 $520,000 $104,000 $416,000
2015 $7,375 $379,000 $57,000 $322,000
2014 $7,065 $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: 21711249

Bakersfield Association of REALTORS® / GEMLS

APN: 491-491-03-00-9