NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.99 Acres

Last Sold November 20, 2014

Last sale price $1,730,000

19 Days on Market

About This Home

As of November 2014

Well maintained 35 unit building located in central Bakersfield. The property consists of 6 studios, 14 1 bedroom units and 15 2 bedroom units. Built in 1985, the property features the following amenities; Pool, laundry room, covered parking and a leasing office. The property was painted within the past 2 years and the roof and HVAC units were replaced approximately 9 years ago.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 10/02/2014

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.99

Parking

  • Carport
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 0.99 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 00211122

Community Details

Overview

  • 35 Units

Building Details

  • Gross Income $256,470
  • Net Operating Income $108,499

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: 11 Plus
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 43056.00
  • Parcel #: 00211122

Multi Family

  • Total Annual Expense: 128994.00
  • Vacancy Factor: 7.00
  • Number Of Units Total: 35
  • Annual Gross Income: 256470.00
  • Property Net Operating Income: 108499.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2014 11/20/14 Sold $1,730,000 -1.7% --
10/21/2014 10/21/14 Pending -- -- --
10/02/2014 10/02/14 For Sale $1,760,000 -- --
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 $35,301 $2,079,466 $78,116 $2,001,350
2024 $35,301 $2,038,857 $76,585 $1,962,272
2023 $34,422 $1,999,044 $75,084 $1,923,960
2022 $33,525 $1,960,011 $73,612 $1,886,399
2021 $31,692 $1,928,776 $72,169 $1,856,607
2020 $31,032 $1,909,266 $71,429 $1,837,837
2019 $30,574 $1,909,119 $71,429 $1,837,690
2018 $29,998 $1,835,406 $68,656 $1,766,750
2017 $29,929 $1,799,783 $67,310 $1,732,473
2016 $27,687 $1,763,905 $65,991 $1,697,914
2015 $27,552 $1,739,345 $65,000 $1,674,345
2014 $19,267 $1,034,681 $126,530 $908,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21410521

Bakersfield Association of REALTORS® / GEMLS