NOT LISTED FOR SALE

7705 S Laurelglen Blvd Bakersfield, CA 93309

Laurelglen Neighborhood

Estimated Value: $796,000 - $919,061

8 Beds
3 Baths
3,880 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 30, 2012

Last sale price $190,000 $49 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $5,320/month

About This Home

As of July 2012

Short Sale, Fourplex in the South West. The listing agent has not seen the property, from inside and is not aware of the condition of the propety from inside. Units are occupied but tenants do not pay rents. Property is to be sold 'AS IS' condition.Buyer or buyer agents to verify the details of the property. Buyer and Buyers agents can pass by property and make offer.Great opportunity for investment!One Unit was burnt and is locked by not in livable condition and is sealed by bank.

Last Agent to Sell the Property

Deep Grewal

Lion Group License #01956393 Listed on: 07/30/2012

Last Buyer's Agent

Deep Grewal

Lion Group License #01956393 Listed on: 07/30/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,277

Year Built

  • Built in 1984

Lot Details

  • 10,109 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

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

Listing and Financial Details

  • Assessor Parcel Number 38525217

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $40,800
  • Net Operating Income $32,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,277

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1984
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3880.00

Exterior Features

  • Disclosures: Call Listing Agent, Short Sale

Garage/Parking

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

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 10109.00
  • Parcel #: 38525217

Multi Family

  • Total Annual Expense: 1020.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 40800.00
  • Property Net Operating Income: 32640.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Grewal Gurdish S and Grewal Ramandeep K
Bought by
Grewal Gurdish S and Grewal Ramandeep K
Current Estimated Value
$868,765

Purchase Details

Closed on
Nov 2, 2016
Sold by
Gill Mahavir and Gill Pawandip K
Bought by
Grewal Ramandeep and Grewal Gurdish S

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
$299,451
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$569,314

Purchase Details

Closed on
May 7, 2014
Sold by
Surya Real Estate Holdings Llc
Bought by
Gill Mahavir and Gill Pawandip K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 30, 2012
Closed on
Jul 19, 2012
Sold by
Rin Mary F and Rin Family Trust
Bought by
Surya Real Estate Holdings Llc
Seller's Agent
Deep Grewal
Lion Group
Buyer's Agent
Deep Grewal
Lion Group
List Price
$230,000
Sold Price
$190,000
Premium/Discount to List
-$40,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%

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
Grewal Gurdish S -- None Available
Grewal Ramandeep $495,000 Placer Title
Gill Mahavir $400,000 Chicago Title Company
Surya Real Estate Holdings Llc $190,000 Chicago Title Company
Rin Mary F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grewal Ramandeep $371,250
Previous Owner Gill Mahavir $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2012 07/30/12 Sold $190,000 -17.4% $49 / Sq Ft
07/30/2012 07/30/12 For Sale $230,000 -- $59 / 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 $9,277 $574,484 $116,056 $458,428
2024 $9,277 $563,221 $113,781 $449,440
2023 $9,125 $552,178 $111,550 $440,628
2022 $8,748 $541,352 $109,363 $431,989
2021 $8,335 $530,738 $107,219 $423,519
2020 $8,156 $525,297 $106,120 $419,177
2019 $8,050 $525,297 $106,120 $419,177
2018 $7,706 $504,900 $102,000 $402,900
2017 $7,594 $495,000 $100,000 $395,000
2016 $6,334 $414,213 $51,776 $362,437
2015 $6,272 $407,992 $50,999 $356,993
2014 $3,758 $190,862 $40,181 $150,681
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Deep Grewal

    Lion Group

    (661) 900-9578

    3 Total Sales

    Deep Grewal
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21208120

Bakersfield Association of REALTORS® / GEMLS

APN: 385-252-17-00-3

California Kern County Bakersfield 93309 Laurelglen

7705 S Laurelglen Blvd, Bakersfield, CA

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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