NOT LISTED FOR SALE

Estimated Value: $751,000 - $887,000

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

Last Sold November 15, 2013

Last sale price $428,000 $105 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,349/month

137 Days on Market

About This Home

As of November 2013

New 30 year dimensional shingle roof installed Sept 2013! Most desirable location in Bakersfield on West side of town close to University, Trader Joes's, and Marketplace-Bakersfields high end shopping center. Professionally managed. All units have garages and indoor washer/dryer hookups.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 06/01/2013

Keller Williams Realty

Last Buyer's Agent

Linda Banales

Watson Realty License #01172638

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,540

Year Built

  • Built in 1980

Lot Details

  • 0.3 Acre Lot

Parking

  • 4 Car Garage

Interior Spaces

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

Schools

  • Laurelglen Elementary School
  • Actis Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 38024104

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $37,800
  • Net Operating Income $21,536

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,540

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1980
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 4079.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: West
  • Middle Or Junior School: Actis, O. J.

Lot Info

  • Lot Size Sq Ft: 13180.00
  • Parcel #: 38024104

Multi Family

  • Total Annual Expense: 16264.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 37800.00
  • Property Net Operating Income: 21536.00

MLS Schools

  • Elementary School: Laurelglen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2013
Closed on
Nov 12, 2013
Sold by
Loader Andrea R
Bought by
Loader Jeffrey D
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Linda Banales
Watson Realty
List Price
$443,000
Sold Price
$428,000
Premium/Discount to List
-$15,000
-3.39%
Current Estimated Value
$835,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,714
Avg. Annual Appreciation
6.07%
Original Mortgage
$307,500
Outstanding Balance
$232,251
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$617,199

Purchase Details

Listed on
Jun 1, 2013
Closed on
Oct 21, 2013
Sold by
Thomas Wayne and Thomas Marcia A
Bought by
Loader Jeffrey D
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Linda Banales
Watson Realty
List Price
$443,000
Sold Price
$428,000
Premium/Discount to List
-$15,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$232,251
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$617,199

Purchase Details

Closed on
Aug 15, 2005
Sold by
Chan Lai Joseph Hang Lun and Chan Lai Betty Kwai Wah
Bought by
Thomas Wayne and Thomas Marcia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
1.62%
Mortgage Type
Negative Amortization
Source: Public Records

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Range of Values:

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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
Loader Jeffrey D -- First American Title Company
Loader Jeffrey D $428,000 First American Title Company
Thomas Wayne $565,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loader Jeffrey D $307,500
Previous Owner Thomas Wayne $383,000
Previous Owner Lai Joseph Hang Lun $121,000
Previous Owner Lai Joseph Hang Lun $138,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $428,000 -3.4% $105 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $443,000 -- $109 / 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
2024 $8,540 $514,371 $60,087 $454,284
2023 $8,540 $504,286 $58,909 $445,377
2022 $8,185 $494,399 $57,754 $436,645
2021 $7,778 $484,706 $56,622 $428,084
2020 $7,603 $479,737 $56,042 $423,695
2019 $7,503 $479,737 $56,042 $423,695
2018 $7,187 $461,111 $53,867 $407,244
2017 $7,083 $452,070 $52,811 $399,259
2016 $6,659 $443,207 $51,776 $391,431
2015 $6,596 $436,551 $50,999 $385,552
2014 $6,434 $428,000 $50,000 $378,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21305218

Bakersfield Association of REALTORS® / GEMLS

APN: 380-241-04-00-0