NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.99 Acre Lot

Sale Details

Date 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

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 1985

Lot Details

  • 0.99

Parking

  • Carport
  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 43,056 Sq Ft 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

0.99 Acres

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

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

Listed on
Oct 2, 2014
Closed on
Nov 6, 2014
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$1,760,000
Sold Price
$1,730,000
Premium/Discount to List
-$30,000
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
7%
Mortgage Type
Commercial
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
$1,730,000 Ticor Title Company
$836,500 American Title Co
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 $10,000,000
Closed $1,125,000
Closed $1,150,000
Previous Owner $21,900
Previous Owner $612,500
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
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

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 $35,884 $2,124,008 $79,678 $2,044,330
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

  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21410521

Bakersfield Association of REALTORS® / GEMLS
Your Personal Tour Guide

Ask me questions while you tour the home.