NOT LISTED FOR SALE

7901 S Laurelglen Blvd Bakersfield, CA 93309

Laurelglen Neighborhood

Estimated Value: $783,000 - $901,597

9 Beds
7 Baths
4,260 Sq Ft
$196/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $420,000 $99 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,087/month

10 Days on Market

About This Home

As of November 2013

4 units. 3 units have 2 Bed/1.5 bath.One unit is 3bed/2.5 bath. Central a/c and heat. All units have been remodeled with new carpet, paint,tile flooring, new fixtures and garage doors. Each apartment has attached 2 car garage. 1 of the 4 units are rented currently to Section 8 tenants . Second unit is currently rented at market rent . Remodeling of the fourth unit is underway.

Last Agent to Sell the Property

Mahavir Gill

Open Door Real Estate License #01915111 Listed on: 10/03/2013

Last Buyer's Agent

Carol Burrell

Prestige Real Estate License #00829022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,571

Year Built

  • Built in 1984

Lot Details

  • 0.25

Parking

  • 4 Car Garage

Interior Spaces

  • 4,260 Sq Ft Home
  • 2-Story Property

Additional Features

  • 0.25 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 38525113

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $43,800
  • Net Operating Income $33,539

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,571

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: 4260.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC

Lot Info

  • Lot Size Sq Ft: 10920.00
  • Parcel #: 38525113

Multi Family

  • Total Annual Expense: 10061.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 4
  • Annual Gross Income: 43800.00
  • Property Net Operating Income: 33539.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Oct 22, 2013
Sold by
Surya Real Estate Holdings
Bought by
Souza Timothy Michael and Souza Deen Lyn
Seller's Agent
Mahavir Gill
Open Door Real Estate
Buyer's Agent
Carol Burrell
Prestige Real Estate
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$835,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,649
Avg. Annual Appreciation
5.92%
Original Mortgage
$210,000
Outstanding Balance
$157,554
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$678,095

Purchase Details

Closed on
Sep 20, 2012
Sold by
Rin Mary F and Rin Family Trust
Bought by
Rin Mary F

Purchase Details

Closed on
Aug 20, 2012
Sold by
Rin Mary F
Bought by
Surya Real Estate Holdings Llc
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
Souza Timothy Michael $420,000 First American Title Company
Rin Mary F -- Chicago Title Company
Surya Real Estate Holdings Llc $200,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Souza Timothy Michael $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2013 11/12/13 Sold $420,000 -1.2% $99 / Sq Ft
10/13/2013 10/13/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $425,000 -- $100 / 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 $8,571 $514,850 $73,545 $441,305
2024 $8,425 $504,755 $72,103 $432,652
2023 $8,425 $494,859 $70,690 $424,169
2022 $8,074 $485,156 $69,304 $415,852
2021 $7,668 $475,645 $67,946 $407,699
2020 $7,494 $470,769 $67,250 $403,519
2019 $7,396 $470,769 $67,250 $403,519
2018 $7,085 $452,490 $64,640 $387,850
2017 $6,982 $443,619 $63,373 $380,246
2016 $6,566 $434,922 $62,131 $372,791
2015 $6,503 $428,390 $61,198 $367,192
2014 $6,344 $420,000 $60,000 $360,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mahavir Gill

    Open Door Real Estate

    Section Image

  • C

    Buyer's Agent in 2013

    Carol Burrell

    Prestige Real Estate

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21309891

Bakersfield Association of REALTORS® / GEMLS

APN: 385-251-13-00-4

California Kern County Bakersfield 93309 Laurelglen

7901 S Laurelglen Blvd, Bakersfield, CA

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