NOT LISTED FOR SALE

7701 S Laurelglen Blvd Bakersfield, CA 93309

Laurelglen Neighborhood

Estimated Value: $812,000 - $935,839

2 Beds
3 Baths
3,880 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $495,000 $128 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,565/month

49 Days on Market

About This Home

As of June 2016

Townhouse fourplex in the Southwest sub market. All units feature 2 bedrooms/2.5 bath with attached 2 car garages and laundry hookups within unit. 3 of the 4 units are rented at $925/month. The 4th unit is currently being extensively renovated (new tile, carpet, paint) and already has a few rental applications in for this unit at $925/ month. The property has no deferred maintenance. The exterior was repainted a few months back and new fencing has been installed. Listing agent is related to the selling party.

Last Agent to Sell the Property

Mahavir Gill

Open Door Real Estate License #01915111 Listed on: 04/11/2016

Last Buyer's Agent

Mahavir Gill

Open Door Real Estate License #01915111 Listed on: 04/11/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,414

Year Built

  • Built in 1984

Lot Details

  • 10,394 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 3,880 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 38525218

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $44,700
  • Net Operating Income $37,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,414

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1984
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3880.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 10394.00
  • Parcel #: 38525218

Multi Family

  • Vacancy Factor: 2.00
  • Number Of Units Total: 4
  • Annual Gross Income: 44700.00
  • Property Net Operating Income: 37015.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 12, 2016
Sold by
Surya Real Estate Holdings Llc
Bought by
Abdalla Robert
Seller's Agent
Mahavir Gill
Open Door Real Estate
Buyer's Agent
Mahavir Gill
Open Door Real Estate
List Price
$510,000
Sold Price
$495,000
Premium/Discount to List
-$15,000
-2.94%
Current Estimated Value
$877,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,348
Avg. Annual Appreciation
6.25%
Original Mortgage
$371,250
Outstanding Balance
$297,167
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$564,888

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 6, 2016
Sold by
Abdalla Joseline
Bought by
Abdalla Robert
Seller's Agent
Mahavir Gill
Open Door Real Estate
Buyer's Agent
Mahavir Gill
Open Door Real Estate
List Price
$510,000
Sold Price
$495,000
Premium/Discount to List
-$15,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Outstanding Balance
$297,167
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$564,888

Purchase Details

Closed on
Sep 4, 2012
Sold by
Kaur Gill Mahavir Singh and Kaur Gill Pawandip
Bought by
Surya Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.47%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 29, 2012
Sold by
Surya Real Estate Holdings Llc
Bought by
Gill Mahavir Singh

Purchase Details

Closed on
Jan 11, 2012
Sold by
Rin Mary F
Bought by
Surya Real Estate Holdings Llc

Purchase Details

Closed on
Apr 27, 2007
Sold by
Rin Family Trust
Bought by
Rin Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2000
Sold by
Rin Mary F and Rin Manuel
Bought by
Rin Mary F and Rin Manuel
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Robert $495,000 Chicago Title Company
Abdalla Robert $495,000 Chicago Title Company
Surya Real Estate Holdings Llc -- Ticor Title
Gill Mahavir Singh -- None Available
Surya Real Estate Holdings Llc $220,040 None Available
Rin Mary F -- Multiple
Rin Mary F -- Accommodation
Rin Mary F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdalla Robert $371,250
Previous Owner Surya Real Estate Holdins Llc $209,000
Previous Owner Surya Real Estate Holdings Llc $150,000
Previous Owner Surya Real Estate Holdings Llc $150,000
Previous Owner Rin Mary F $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2016 06/29/16 Sold $495,000 -2.9% $128 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $510,000 -- $131 / 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
2025 $9,414 $585,973 $59,186 $526,787
2024 $9,414 $574,484 $58,026 $516,458
2023 $9,259 $563,221 $56,889 $506,332
2022 $8,878 $552,178 $55,774 $496,404
2021 $8,463 $541,352 $54,681 $486,671
2020 $8,283 $535,802 $54,121 $481,681
2019 $8,176 $535,802 $54,121 $481,681
2018 $7,825 $514,998 $52,020 $462,978
2017 $7,711 $504,900 $51,000 $453,900
2016 $4,687 $267,379 $53,050 $214,329
2015 $4,634 $263,364 $52,254 $211,110
2014 $4,518 $258,206 $51,231 $206,975
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mahavir Gill

    Open Door Real Estate

    (925) 788-9072

    1 Total Sale

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21601946

Bakersfield Association of REALTORS® / GEMLS

APN: 385-252-18-00-6

California Kern County Bakersfield 93309 Laurelglen

7701 S Laurelglen Blvd, Bakersfield, CA

This home is located at 7701 S Laurelglen Blvd, Bakersfield, CA 93309 since 11 April 2016 and is currently estimated at $881,960, approximately $227 per square foot. This property was built in 1984. 7701 S Laurelglen Blvd is a home located in Kern County with nearby schools including Christa Mcauliffe 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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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