NOT LISTED FOR SALE

800 Karma Ct Bakersfield, CA 93307

South Wible Orchard Neighborhood

Estimated Value: $377,784 - $681,000

8 Beds
1 Bath
3,832 Sq Ft
$125/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $178,500 $47 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,905/month

22 Days on Market

About This Home

As of March 2014

Wonderful investment opportunity, all 2 bedroom / 1 bathroom units, laundry hookup, covered parking. Rents at $625/mo.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 02/07/2014

Last Buyer's Agent

Jacob Miller

Miramar Realty License #01458517

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 0.36 Acre Lot

Interior Spaces

  • 3,832 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 17122319

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $30,000
  • Net Operating Income $15,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1984
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3832.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport, Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 15767.00
  • Parcel #: 17122319

Multi Family

  • Total Annual Expense: 12600.00
  • Vacancy Factor: 7.00
  • Number Of Units Total: 4
  • Annual Gross Income: 30000.00
  • Property Net Operating Income: 15300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Mar 26, 2014
Sold by
Loader Andrea
Bought by
Loader Jeffrey D
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Jacob Miller
Miramar Realty
List Price
$178,500
Sold Price
$178,500
Current Estimated Value
$480,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,696
Avg. Annual Appreciation
8.74%
Original Mortgage
$124,950
Outstanding Balance
$94,383
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$385,813

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 25, 2014
Sold by
Anacatalina Holdings Llc
Bought by
Loader Jeffrey D
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Jacob Miller
Miramar Realty
List Price
$178,500
Sold Price
$178,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,950
Outstanding Balance
$94,383
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$385,813

Purchase Details

Closed on
Mar 2, 2012
Sold by
Neitz James
Bought by
Anacatalina Holdings Llc

Purchase Details

Closed on
Aug 23, 2011
Sold by
Neitz Tracy
Bought by
Neitz James

Purchase Details

Closed on
Oct 9, 2006
Sold by
Cooper David and Cooper Nada
Bought by
Vergano Steve and Vergano Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 8, 2004
Sold by
State Road Property Co Llc
Bought by
Cooper David and Cooper Nada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2002
Sold by
Wonderly W Chandler
Bought by
State Road Property Company Llc

Purchase Details

Closed on
May 24, 2001
Sold by
Wonderly W Chandler
Bought by
Wonderly Anthony B
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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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
Loader Jeffrey D -- Ticor Title Company Of Ca
Loader Jeffrey D $178,500 Ticor Title Company Of Ca
Anacatalina Holdings Llc -- Accommodation
Neitz James -- Placer Title Company
Neitz James $105,000 Placer Title Company
Vergano Steve $530,000 Multiple
Cooper David $310,000 First American Title
State Road Property Company Llc -- --
Wonderly Anthony B -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loader Jeffrey D $124,950
Previous Owner Vergano Steve $371,000
Previous Owner Cooper David $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $178,500 0.0% $47 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $178,500 -- $47 / 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 $5,026 $219,419 $36,771 $182,648
2024 $5,026 $215,117 $36,050 $179,067
2023 $4,897 $210,900 $35,344 $175,556
2022 $4,733 $206,765 $34,651 $172,114
2021 $4,363 $202,712 $33,972 $168,740
2020 $4,229 $200,634 $33,624 $167,010
2019 $4,150 $200,634 $33,624 $167,010
2018 $4,066 $192,845 $32,319 $160,526
2017 $4,033 $189,065 $31,686 $157,379
2016 $3,784 $185,359 $31,065 $154,294
2015 $3,745 $182,576 $30,599 $151,977
2014 $2,889 $112,707 $28,176 $84,531
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2014

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    87 Total Sales

    Marc Thurston
    Section Image

  • J

    Buyer's Agent in 2014

    Jacob Miller

    Miramar Realty

    (661) 619-7348

    1 in this area

    67 Total Sales

    Jacob Miller
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21401369

Bakersfield Association of REALTORS® / GEMLS

APN: 171-223-19-00-8

California Kern County Bakersfield 93307 South Wible Orchard

800 Karma Ct, Bakersfield, CA

Not Listed for Sale

MultiFamily

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