NOT LISTED FOR SALE

7817 S Laurelglen Blvd Bakersfield, CA 93309

Laurelglen Neighborhood

Estimated Value: $819,000 - $976,000

8 Beds
2 Baths
-- Sq Ft
10,866 Sq Ft Lot

Last Sold July 20, 2020

Last sale price $560,000

Est. 57% increase in value since last sale

Current estimated payment $5,592/month

About This Home

As of July 2020

Great SW location in the heart of the Laurel Glen neighborhood. Compare the current rent of $51,000 with any of the laurel glen compsthis building is generating amazing rents. Built in 1984, this building consists of 4 - 2 bedroom / 2.5 bath units with 2 car garages and laundry hookups. Current rents range form $1050 - $1150.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 05/20/2020

Last Buyer's Agent

Tim McCrary

Stockdale Real Estate Group License #01428355

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,958

Year Built

  • Built in 1984

Lot Details

  • 10,866

Parking

  • 4 Car Garage

Additional Features

  • 2-Story Property
  • 10,866 Sq Ft Lot

Community Details

  • Gross Income $51,000
  • Net Operating Income $31,705

Listing and Financial Details

  • Assessor Parcel Number 00025208

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,958

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

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: 10866.00
  • Parcel #: 00025208

Multi Family

  • Total Annual Expense: 17764.00
  • Vacancy Factor: 3.00
  • Annual Gross Income: 51000.00
  • Property Net Operating Income: 31705.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Kashi Property Group Llc
Bought by
Martine Clarel and Martine Pascalle Montes
Current Estimated Value
$877,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$400,073
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$477,888

Purchase Details

Closed on
Apr 7, 2022
Sold by
Patel Ashish P and Patel Kamini A
Bought by
Kashi Property Group Llc

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 17, 2020
Sold by
Rbwtj Llc
Bought by
Patel Ashish P and Patel Kamini A
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Tim McCrary
Stockdale Real Estate Group
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$420,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2011
Sold by
Bank Of America N A
Bought by
Rbwtj Llc

Purchase Details

Closed on
Aug 19, 2011
Sold by
Robledo Salvador and Robledo Ana E
Bought by
Bank Of America N A

Purchase Details

Closed on
Dec 1, 2005
Sold by
Niblett Allen and Holman Charles
Bought by
Robledo Salvador and Robledo Ana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2005
Sold by
Niblett Sharon and Holman Gwendolyn
Bought by
Niblett Allen and Holman Charles

Purchase Details

Closed on
Sep 16, 1996
Sold by
Holman C and Allen
Bought by
11-C Food Stores Inc
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
Martine Clarel $785,000 Placer Title
Kashi Property Group Llc -- None Listed On Document
Patel Ashish P $560,000 Placer Title Company
Rbwtj Llc $276,000 Landsafe Title
Bank Of America N A $257,000 Landsafe Title
Robledo Salvador $550,000 Ticor Title
Niblett Allen -- Ticor Title
Niblett Allen $1,633,500 Ticor Title
11-C Food Stores Inc $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martine Clarel $410,000
Previous Owner Patel Ashish P $420,000
Previous Owner Robledo Salvador $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $560,000 0.0% --
06/20/2020 06/20/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $560,000 -- --
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 $11,958 $800,700 $204,000 $596,700
2024 $11,958 $785,000 $200,000 $585,000
2023 $9,496 $582,624 $104,040 $478,584
2022 $9,106 $571,200 $102,000 $469,200
2021 $8,689 $560,000 $100,000 $460,000
2020 $8,689 $316,978 $57,421 $259,557
2019 $5,551 $316,978 $57,421 $259,557
2018 $5,335 $304,672 $55,193 $249,479
2017 $5,257 $298,699 $54,111 $244,588
2016 $4,972 $292,843 $53,050 $239,793
2015 $4,918 $288,446 $52,254 $236,192
2014 $4,796 $282,797 $51,231 $231,566
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2020

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    4 in this area

    85 Total Sales

    Marc Thurston
    Section Image
  • Tim McCrary

    Buyer's Agent in 2020

    Tim McCrary

    Stockdale Real Estate Group

    (661) 377-3800

    1 in this area

    57 Total Sales

    Tim McCrary
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202004925

Bakersfield Association of REALTORS® / GEMLS

APN: 385-252-08-00-7

California Kern County Bakersfield 93309 Laurelglen

7817 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.
Copyright Golden Empire MLS, Inc. 2025.

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