NOT LISTED FOR SALE

7608 N Laurelglen Blvd Unit D Bakersfield, CA 93309

Laurelglen Neighborhood

Estimated Value: $803,138 - $877,000

7 Beds
4 Baths
4,079 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $805,000 $197 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,281/month

1 Day on Market

About This Home

As of May 2024

Wow! Calling all savvy investors! Seize the opportunity to own a lucrative four-unit property in the coveted Laurelglen neighborhood. With one unit offering a desirable layout of 3 bedrooms and 2 bathrooms, plus three additional units featuring 2 bedrooms and 1 bathroom each, this property promises steady rental income and long-term appreciation potential. Take advantage of the strong rental market in Laurelglen and secure your foothold in this sought-after area. Don't delay - invest in your future today!

Last Agent to Sell the Property

Andrie Nainggolan

Berkshire Hathaway HomeServices Associated Real Estate Brokerage Phone: 909-907-2731 License #02084410 Listed on: 03/27/2024

Berkshire Hathaway HomeServices Associated Real Estate

Co-Listed By

Mark Manzano

Berkshire Hathaway HomeServices Associated Real Estate Brokerage Phone: 909-907-2731 License #02126803

Last Buyer's Agent

Esteban Contreras

Watson Realty License #01975384

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,398

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Lawn
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,079 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 4031
  • Assessor Parcel Number 38024103007
  • $2,384 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,752
  • Insurance Expense $2,478
  • Other Expense $21,311
  • Professional Management Expense $2,160
  • Supplies Expense $3,533
  • New Taxes Expense $9,892
  • Operating Expense $43,866
  • Gross Income $54,168
  • Net Operating Income $14,581

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,398

Year Built

Built in 1980

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 212500
  • Professional Management Expense: 2160.00
  • Property Attached: No
  • Supplies Expense: 3533.00
  • Zoning: R-2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 38024103007
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 197.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 13180.00
  • Lot Size Acres: 0.3026

Multi Family

  • Electric Expense: 1752.00
  • Gross Income: 54168.00
  • Gross Scheduled Income: 54168.00
  • Insurance Expense: 2478.00
  • Lot Size Area: 13180.0000 Square Feet
  • Net Operating Income: 14581.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 43866.00
  • Other Expense: 21311.00
  • Other Expense Description: repairs
  • Rent Control: No
  • Total Expenses: 43866.00

Tax Info

  • New Taxes Expense: 9892.00
  • Tax Census Tract: 28.18
  • Tax Lot: 3
  • Tax Tract Number: 4031
  • TaxOtherAnnualAssessmentAmount: 2384.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 23, 2024
Sold by
Abdalla Robert and Abdalla Joseline
Bought by
Abdalla Family Trust and Abdalla
Seller's Agent
Andrie Nainggolan
Berkshire Hathaway HomeServices Associated Real Estate
Buyer's Agent
Esteban Contreras
Watson Realty
List Price
$850,000
Sold Price
$805,000
Premium/Discount to List
-$45,000
-5.29%
Views
24
Current Estimated Value
$835,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,785
Avg. Annual Appreciation
4.00%
Original Mortgage
$549,500
Outstanding Balance
$542,215
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$306,219

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 13, 2024
Sold by
Sandra Ann Carter Trust and Carter Sandra Ann
Bought by
Abdalla Robert and Abdalla Joseline
Seller's Agent
Andrie Nainggolan
Berkshire Hathaway HomeServices Associated Real Estate
Buyer's Agent
Esteban Contreras
Watson Realty
List Price
$850,000
Sold Price
$805,000
Premium/Discount to List
-$45,000
-5.29%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,500
Outstanding Balance
$542,215
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$306,219

Purchase Details

Closed on
Nov 1, 2004
Sold by
Ritchey Robert S
Bought by
Carter Sandra Ann and Sandra Ann Carter Trust

Purchase Details

Closed on
Sep 11, 2002
Sold by
Ritchey Robert S
Bought by
Ritchey Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2002
Sold by
Ritchey Maria V
Bought by
Ritchey Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1997
Sold by
Russell Helen M
Bought by
Ritchey Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,691
Interest Rate
7.85%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Abdalla Family Trust -- None Listed On Document
Abdalla Robert $805,000 Ticor Title Company
Carter Sandra Ann $480,000 Stewart Title
Ritchey Robert S -- Stewart Title Of Ca Inc
Ritchey Robert S -- Stewart Title Of Ca Inc
Ritchey Robert S $167,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdalla Robert $549,500
Previous Owner Ritchey Robert S $162,000
Previous Owner Ritchey Robert S $162,000
Previous Owner Ritchey Robert S $163,691
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $805,000 -5.3% $197 / Sq Ft
03/27/2024 03/27/24 For Sale $850,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,398 $821,100 $224,400 $596,700
2024 $9,892 $655,943 $163,981 $491,962
2023 $9,892 $615,000 $115,000 $500,000
2022 $8,864 $551,000 $110,000 $441,000
2021 $8,580 $551,000 $110,000 $441,000
2020 $8,213 $530,000 $106,000 $424,000
2019 $8,233 $530,000 $106,000 $424,000
2018 $7,529 $490,000 $98,000 $392,000
2017 $7,772 $510,000 $102,000 $408,000
2016 $6,623 $440,000 $88,000 $352,000
2015 $5,582 $347,000 $52,000 $295,000
2014 $6,457 $430,000 $50,000 $380,000
Source: Public Records

Agents Affiliated with this Home

  • Andrie Nainggolan

    Seller's Agent in 2024

    Andrie Nainggolan

    Berkshire Hathaway HomeServices Associated Real Estate

    (909) 907-2731

    6 in this area

    140 Total Sales

    Andrie Nainggolan
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mark Manzano

    Berkshire Hathaway HomeServices Associated Real Estate

    Section Image
  • Esteban Contreras

    Buyer's Agent in 2024

    Esteban Contreras

    Watson Realty

    (661) 617-0074

    3 in this area

    149 Total Sales

    Esteban Contreras
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24060819

California Regional Multiple Listing Service (CRMLS)

APN: 380-241-03-00-7

California Kern County Bakersfield 93309 Laurelglen

7608 N Laurelglen Blvd Unit D, Bakersfield, CA

This home is located at 7608 N Laurelglen Blvd Unit D, Bakersfield, CA 93309 since 27 March 2024 and is currently estimated at $835,785, approximately $204 per square foot. This property was built in 1980. 7608 N Laurelglen Blvd Unit D is a home located in Kern County with nearby schools including Laurelglen Elementary School, Tevis Junior High School, and Bakersfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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