NOT LISTED FOR SALE

7921 S Laurelglen Blvd Bakersfield, CA 93309

Laurelglen Neighborhood

Estimated Value: $746,012 - $902,000

8 Beds
2 Baths
4,260 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $585,000 $137 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,068/month

About This Home

As of May 2021

Great opportunity to own a four units in great southwest Bakersfield. Fully occupied for years good tenants, good rent and upside potential. 3 bedroom, 2.5 bath and 2 car garage for the front unit. 2 bedroom, 1.5 bath and 2 car garage for the other 3 units.

Last Agent to Sell the Property

Issam Qassim

Real Property Realty License #01298019 Listed on: 03/04/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,974

Year Built

  • Built in 1984

Lot Details

  • 4,260 Sq Ft Lot

Parking

  • 8 Car Garage

Interior Spaces

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

Schools

  • Mcauliffe Elementary School
  • Tevis Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 38525108

Community Details

Overview

  • 4 Units
  • 4277 01 Subdivision

Building Details

  • Gross Income $46,800
  • Net Operating Income $31,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,974

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: 8

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 4260.00
  • Parcel #: 38525108

Multi Family

  • Total Annual Expense: 15400.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 4
  • Annual Gross Income: 46800.00
  • Property Net Operating Income: 31400.00

MLS Schools

  • Elementary School: McAuliffe, C.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Riat Balwinder
Bought by
Alaverdyan Henrik
Current Estimated Value
$809,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 23, 2013
Closed on
Aug 19, 2013
Sold by
Riat Paramjit
Bought by
Riat Balwinder
Seller's Agent
Launi Abbott
Unknown Broker
Buyer's Agent
Issam Qassim
Real Property Realty
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Aug 26, 1998
Sold by
Vercruyssen Edmond M and Vercruyssen Amelia
Bought by
Fernandez Pierre and Fernandez Gerard
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
Alaverdyan Henrik $585,000 Chicago Title Company
Riat Balwinder -- Chicago Title Company
Riat Balwinder $360,000 Chicago Title Company
Fernandez Pierre $185,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alaverdyan Henrik $438,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2021 05/18/21 Sold $585,000 +1.0% $137 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $579,000 +60.8% $136 / Sq Ft
08/30/2013 08/30/13 Sold $360,000 -4.0% $85 / Sq Ft View Prior Sale
07/31/2013 07/31/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $375,000 -- $88 / 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 $9,974 $633,222 $135,304 $497,918
2024 $9,974 $620,806 $132,651 $488,155
2023 $9,814 $608,634 $130,050 $478,584
2022 $9,412 $596,700 $127,500 $469,200
2021 $6,845 $407,696 $45,297 $362,399
2020 $6,678 $403,517 $44,833 $358,684
2019 $6,589 $403,517 $44,833 $358,684
2018 $6,320 $387,849 $43,093 $344,756
2017 $6,228 $380,246 $42,249 $337,997
2016 $5,869 $372,791 $41,421 $331,370
2015 $5,810 $367,192 $40,799 $326,393
2014 $5,667 $360,000 $40,000 $320,000
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2021

    Issam Qassim

    Real Property Realty

    (661) 748-1944

    2 in this area

    27 Total Sales

    Issam Qassim
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non-Member Office

  • L

    Seller's Agent in 2013

    Launi Abbott

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202102334

Bakersfield Association of REALTORS® / GEMLS

APN: 385-251-08-00-0

California Kern County Bakersfield 93309 Laurelglen

7921 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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