NOT LISTED FOR SALE

7912 Latham Ct Bakersfield, CA 93306

Estimated Value: $351,785 - $401,000

3 Beds
2 Baths
2,140 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2013

Last sale price $185,000 $86 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,345 / mo

34 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • Combination Of Heating Systems

About This Home

As of December 2013

What Can I Say, Here's One More Excellent Income Opportunity!! Great condition, very good location.Each unit offers 3 bedrooms, 2 bath,laundry area, A/C units, tile roof,very long term tenants.Per seller and previous appraisal each unit is 1070 sq ft. Call your favorite Agent and add one more to your rental portfolio!

Last Agent to Sell the Property

Erlin Casas

MAYA PROPERTIES License #01360505 Listed on: 10/30/2013

Last Buyer's Agent

Erlin Casas

MAYA PROPERTIES License #01360505 Listed on: 10/30/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009

Lot Details

  • 7,546 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • 2,140 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Air
  • Combination Of Heating Systems

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 3819
  • Assessor Parcel Number 1322040800

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $60
  • Insurance Expense $80
  • Water Sewer Expense $60
  • New Taxes Expense $1,575
  • Gross Income $22,140
  • Net Operating Income $19,830

Property Details

Home Type

Multi-Family

Year Built

Built in 2009

Lot Details

7,546 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 60.00
  • Property Type: Residential Income
  • Parcel Number: 1322040800
  • Year Built: 2009
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 86.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Combination
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 7546.00
  • Lot Size Acres: 0.1730

Multi Family

  • Electric Expense: 60.00
  • Gross Income: 22140.00
  • Gross Scheduled Income: 22140.00
  • Insurance Expense: 80.00
  • Lot Size Area: 7546.0000 Square Feet
  • Net Operating Income: 19830.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2310.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1575.00
  • Taxes Percent: 1.25
  • Tax Lot: 16
  • Tax Tract Number: 3819
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Moreno Timothy J
Bought by
Moreno Family Trust and Moreno
Current Estimated Value
$377,196

Purchase Details

Closed on
Jul 17, 2017
Sold by
Jewish Community Foundation Of The Jewis
Bought by
Moreno Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2017
Sold by
Moreno Josefina G
Bought by
Moreno Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2016
Sold by
Pacific West Management
Bought by
Jewish Community Foundation Of The Jewis

Purchase Details

Listed on
Oct 30, 2013
Closed on
Nov 20, 2013
Sold by
Jara Brothers Investments Inc
Bought by
Latham Ridge Llc
Seller's Agent
Erlin Casas
MAYA PROPERTIES
Buyer's Agent
Erlin Casas
MAYA PROPERTIES
List Price
$206,900
Sold Price
$185,000
Premium/Discount to List
-$21,900
-10.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Oct 10, 2005
Sold by
Lincoln Trust Co
Bought by
Jara Brothers Investments Inc

Purchase Details

Closed on
Apr 6, 2004
Sold by
Golden West Apartments Llc
Bought by
Lincoln Trust Co

Purchase Details

Closed on
Apr 4, 2003
Sold by
Dambrosio Michael and Dambrosio Tina
Bought by
Golden West Apartments Llc

Purchase Details

Closed on
Mar 17, 2003
Sold by
Bgm Partnership
Bought by
Dambrosio Michael

Purchase Details

Closed on
Mar 12, 2003
Sold by
Greenfield Investments Co
Bought by
Bgm Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Moreno Family Trust -- None Listed On Document
Moreno Timothy J $225,000 Placer Title Company
Moreno Timothy J -- Placer Title Company
Jewish Community Foundation Of The Jewis -- Accommodation
Latham Ridge Llc $185,000 First American Title Company
Jara Brothers Investments Inc $285,000 Alliance Title
Lincoln Trust Co $165,000 First American Title
Golden West Apartments Llc -- --
Dambrosio Michael -- American Title
Bgm Partnership -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Timothy J $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2013 12/06/13 Sold $185,000 0.0% $112 / Sq Ft View Prior Sale
12/06/2013 12/06/13 Sold $185,000 -10.2% $86 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
11/06/2013 11/06/13 Pending -- -- --
10/08/2013 10/08/13 For Sale $205,900 -0.5% $125 / Sq Ft
10/08/2013 10/08/13 For Sale $206,900 -- $97 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,141 $256,007 $34,133 $221,874
2024 $4,059 $250,988 $33,464 $217,524
2023 $4,059 $246,067 $32,808 $213,259
2022 $3,961 $241,243 $32,165 $209,078
2021 $3,758 $236,514 $31,535 $204,979
2020 $3,680 $234,090 $31,212 $202,878
2019 $3,604 $234,090 $31,212 $202,878
2018 $3,514 $225,000 $30,000 $195,000
2017 $2,990 $180,000 $30,000 $150,000
2016 $2,425 $147,211 $40,610 $106,601
2015 $2,408 $145,000 $40,000 $105,000
2014 $2,813 $185,000 $35,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB13205479

California Regional Multiple Listing Service (CRMLS)

APN: 132-204-08-00-2

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