NOT LISTED FOR SALE

7712 N Laurelglen Blvd Bakersfield, CA 93309

Laurelglen Neighborhood

Estimated Value: $824,000 - $945,503

9 Beds
5 Baths
4,079 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $565,000 $139 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,506/month

37 Days on Market

About This Home

As of July 2018

You cant get a 4-plex in a better neighborhood than this! Close to Gosford & N. Laurelglen. 4 minute walk to the highly rated Laurelglen elementary school. Run the financial numbers and you will see this is a cash producing property from day one. This single building consists of (3) two bedroom, one bath apartments that easily rent for $900 per month as well as (1) three bedroom, two bath apartment that easily rents for $1200 per month. Very low vacancy rates! Property is professionally landscaped with mature trees and plenty of grass. Laurelglen Blvd is busy enough to carry a lot of traffic but so well landscaped and hidden that it feels like a low volume street. Recent improvements within the last 2-5 years include new interior paint, flooring (with minimal carpet), and roof. Only one of the 2 bedroom apartments hasn't been completely redone. There is even granite counters in the three bedroom apartment! Please do not disturb tenants. Check out the detailed floor plans and video!

Last Agent to Sell the Property

Noah Figueroa

LPT Realty, Inc. License #02037462 Listed on: 05/21/2018

LPT Realty, Inc.

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,938

Year Built

  • Built in 1981

Lot Details

  • 0.35 Acre Lot

Parking

  • Uncovered Parking

Interior Spaces

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

Schools

  • Laurelglen Elementary School
  • Tevis Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 38024108

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $46,800
  • Net Operating Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,938

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1981
  • 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 Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Tevis

Lot Info

  • Lot Size Sq Ft: 15123.00
  • Parcel #: 38024108

Multi Family

  • Total Annual Expense: 2400.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 46800.00
  • Property Net Operating Income: 44400.00

MLS Schools

  • Elementary School: Laurelglen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Jul 3, 2018
Sold by
Martinez Victoria C
Bought by
Brace Development Llc
Seller's Agent
Noah Figueroa
LPT Realty, Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Current Estimated Value
$885,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,876
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
Mar 22, 2018
Sold by
Martinez Reynaldo S
Bought by
Martinez Victoria C

Purchase Details

Closed on
Sep 7, 2004
Sold by
Jones David Dee and Jones Patricia Jeans
Bought by
Martinez Reynaldo S and Martinez Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1999
Sold by
Hud
Bought by
Jones David Dee and Jones Patricia Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,400
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 1998
Sold by
Abernathy Randall J
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Nov 20, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brace Development Llc $565,000 Placer Title Co
Martinez Victoria C -- None Available
Martinez Reynaldo S $520,000 Fidelity Title
Jones David Dee $176,500 American Title Company
Countrywide Home Loans Inc $234,554 First American Title Co
Hud -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Reynaldo S $416,000
Previous Owner Jones David Dee $302,307
Previous Owner Jones David Dee $198,941
Previous Owner Jones David Dee $20,000
Previous Owner Jones David Dee $203,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2018 07/27/18 Sold $565,000 -5.7% $139 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
05/21/2018 05/21/18 For Sale $599,000 -- $147 / 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 $9,938 $630,263 $111,550 $518,713
2024 $9,938 $617,906 $109,363 $508,543
2023 $9,779 $605,791 $107,219 $498,572
2022 $9,379 $593,914 $105,117 $488,797
2021 $8,959 $582,269 $103,056 $479,213
2020 $8,775 $576,300 $102,000 $474,300
2019 $8,661 $576,300 $102,000 $474,300
2018 $7,885 $520,000 $104,000 $416,000
2017 $7,891 $520,000 $104,000 $416,000
2016 $6,623 $440,000 $88,000 $352,000
2015 $5,819 $368,000 $55,000 $313,000
2014 $6,570 $440,000 $50,000 $390,000
Source: Public Records

Agents Affiliated with this Home

  • Noah Figueroa

    Seller's Agent in 2018

    Noah Figueroa

    LPT Realty, Inc.

    (661) 665-6624

    41 Total Sales

    Noah Figueroa
    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21806265

Bakersfield Association of REALTORS® / GEMLS

APN: 380-241-08-00-2

California Kern County Bakersfield 93309 Laurelglen

7712 N Laurelglen Blvd, Bakersfield, CA

This home is located at 7712 N Laurelglen Blvd, Bakersfield, CA 93309 since 21 May 2018 and is currently estimated at $885,876, approximately $217 per square foot. This property was built in 1981. 7712 N Laurelglen Blvd 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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

Nearby Homes