NOT LISTED FOR SALE

Estimated Value: $460,000 - $577,000

8 Beds
4 Baths
3,360 Sq Ft
$152/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $351,000 $104 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,240/month

1 Day on Market

About This Home

As of February 2021

Fourplex in Central Bakersfield. All units are 2-bedroom and 1-bath. 2-story unit. Covered parking, Located in prime rental area. Units have full kitchens and living areas PLUS central AC in all units. Easy access to freeway. Close to parks, shopping, schools, and dining. Property Managed by 5 Star Property management, seller would like offers to keep management company in place (if so,include in offer). Lease and expense info attached. Hurry, Priced to sell!!

Last Agent to Sell the Property

Lori Olson

Miramar Realty License #01340140 Listed on: 01/22/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 7,445

Parking

  • Carport

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property

Schools

  • Mckinley Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 7,445 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 00935005

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $35,580
  • Net Operating Income $25,260

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1985
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3360.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC

Schools

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

Lot Info

  • Lot Size Sq Ft: 7445.00
  • Parcel #: 00935005

Multi Family

  • Total Annual Expense: 10320.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 35580.00
  • Property Net Operating Income: 25260.00

MLS Schools

  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Golden Opportunity No 28 Lp
Bought by
Illidan 28 Lp
Current Estimated Value
$510,368

Purchase Details

Listed on
Jan 22, 2021
Closed on
Feb 8, 2021
Sold by
First Class Homes Llc
Bought by
Golden Opportunity No 28 Lp
Seller's Agent
Lori Olson
Miramar Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$340,000
Sold Price
$351,000
Premium/Discount to List
$11,000
3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jun 23, 2020
Sold by
Gassei Marcus
Bought by
First Class Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Sold by
Gassei Marcus
Bought by
First Class Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 13, 2014
Sold by
First Class Homes Llc
Bought by
Gassei Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 13, 2014
Sold by
Pano Zulema Araceli Anibar
Bought by
Gassei Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2011
Sold by
Gassei Marcus
Bought by
First Class Homes Llc

Purchase Details

Closed on
Jan 21, 2011
Sold by
California Gold Rush Llc
Bought by
Gassei Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2010
Sold by
Wells Fargo Bank Na
Bought by
California Gold Rush Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2010
Sold by
Leal Cosme D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 8, 2004
Sold by
Field Gwen M
Bought by
Leal Cosme D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Ronk Keith F and Ronk Mary Ann
Bought by
Field Gwen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

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
Illidan 28 Lp -- Orange Coast Title Company
Golden Opportunity No 28 Lp $351,000 Chicago Title Company
First Class Homes Llc -- Chicago Title
Gassei Marcus -- Chicago Title
Gassei Marcus -- Chicago Title Company
First Class Homes Llc -- None Available
Gassei Marcus -- Title 365
Gassei Marcus -- Title 365
First Class Homes Llc -- None Available
Gassei Marcus $95,000 None Available
California Gold Rush Llc $95,000 Chicago Title Company
Wells Fargo Bank Na $139,903 Accommodation
Leal Cosme D $355,000 Ticor Title
Field Gwen M $140,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gassei Marcus $233,800
Previous Owner Gassei Marcus $126,750
Previous Owner Gassei Marcus $126,750
Previous Owner California Gold Rush Llc $85,000
Previous Owner Leal Cosme D $266,250
Previous Owner Field Gwen M $112,000
Closed Field Gwen M $14,000
Closed Leal Cosme D $53,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $351,000 +3.2% $104 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $340,000 -- $101 / 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 $6,854 $379,932 $54,121 $325,811
2024 $6,692 $372,483 $53,060 $319,423
2023 $6,692 $365,180 $52,020 $313,160
2022 $6,504 $358,020 $51,000 $307,020
2021 $3,772 $155,487 $34,808 $120,679
2020 $3,640 $153,894 $34,452 $119,442
2019 $3,572 $153,894 $34,452 $119,442
2018 $3,502 $147,919 $33,115 $114,804
2017 $3,471 $145,019 $32,466 $112,553
2016 $3,276 $142,177 $31,830 $110,347
2015 $3,239 $140,042 $31,352 $108,690
2014 $3,139 $137,299 $30,738 $106,561
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202100776

Bakersfield Association of REALTORS® / GEMLS

APN: 009-350-05-00-0