7608 N Laurelglen Blvd Unit D Bakersfield, CA 93309
Laurelglen NeighborhoodEstimated Value: $802,959 - $850,000
7
Beds
4
Baths
4,079
Sq Ft
$205/Sq Ft
Est. Value
About This Home
As of May 2024Wow! 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
Berkshire Hathaway HomeServices Associated Real Estate Brokerage Phone: 909-907-2731 License #02084410 Listed on: 03/27/2024
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
- $9,892
Year Built
- Built in 1980
Lot Details
- 0.3 Acre Lot
- No Common Walls
- Lawn
- Front Yard
Parking
- 5 Car Garage
Home Design
- Quadruplex
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,490
Avg. Annual Appreciation
3.26%
Original Mortgage
$549,500
Outstanding Balance
$543,722
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$290,768
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
$543,722
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$290,768
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
Similar Homes in Bakersfield, CA
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
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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
7 in this area
132 Total Sales
-
M
Seller Co-Listing Agent in 2024
Mark Manzano
Berkshire Hathaway HomeServices Associated Real Estate
(310) 529-2980
7 in this area
77 Total Sales
-
Buyer's Agent in 2024
Esteban Contreras
Watson Realty
(661) 206-2447
3 in this area
154 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24060819
APN: 380-241-03-00-7
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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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