NOT LISTED FOR SALE

Estimated Value: $383,922 - $656,000

8 Beds
1 Bath
3,451 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $178,500 $52 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $3,078/month

22 Days on Market

About This Home

As of March 2014

Located in South Bakersfield, all 2 bedroom / 1 bathroom units. 1-car garages and laundry hookups. Fully occupied with rents ranging from $625/650/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 International-Riverwal License #01458517

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,026

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot

Interior Spaces

  • 3,451 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 17122318

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $30,300
  • Net Operating Income $15,579

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,026

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1977
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3451.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 13151.00
  • Parcel #: 17122318

Multi Family

  • Total Annual Expense: 12600.00
  • Vacancy Factor: 7.00
  • Number Of Units Total: 4
  • Annual Gross Income: 30300.00
  • Property Net Operating Income: 15579.00

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 International-Riverwal
List Price
$178,500
Sold Price
$178,500
Current Estimated Value
$488,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,481
Avg. Annual Appreciation
9.22%
Original Mortgage
$124,950
Outstanding Balance
$94,662
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$394,319

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 International-Riverwal
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
$94,662
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$394,319

Purchase Details

Closed on
Aug 1, 2011
Sold by
Neitz James
Bought by
Anacatalina Holdings Llc

Purchase Details

Closed on
Jul 27, 2011
Sold by
Fisher Michelle and Vergano Steven J
Bought by
Neitz James and Anacatalina Holdings Llc

Purchase Details

Closed on
Sep 11, 2006
Sold by
Tran Tony and To Phuong
Bought by
Vergano Steven J and Fisher 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
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 20, 2005
Sold by
Espinoza Mark Allen
Bought by
Tran Tony and To Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2003
Sold by
Gardner Steven R
Bought by
Espinoza Mark Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2002
Sold by
Casner Richard J and Casner Leslie Y
Bought by
Gardner Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
6.51%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 -- Placer Title Company
Neitz James -- Placer Title Company
Neitz James $100,000 Placer Title Company
Vergano Steven J $530,000 Multiple
Tran Tony $425,000 Chicago Title
Espinoza Mark Allen $159,000 First American Title
Gardner Steven R -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loader Jeffrey D $124,950
Previous Owner Vergano Steven J $371,000
Previous Owner Tran Tony $340,000
Previous Owner Espinoza Mark Allen $337,500
Previous Owner Espinoza Mark Allen $224,000
Previous Owner Espinoza Mark Allen $64,000
Previous Owner Espinoza Mark Allen $10,000
Previous Owner Espinoza Mark Allen $224,000
Previous Owner Espinoza Mark Allen $143,100
Previous Owner Gardner Steven R $110,500
Closed Espinoza Mark Allen $7,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $178,500 0.0% $52 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $178,500 -- $52 / 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 $2,774 $102,462 $30,738 $71,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21401391

Bakersfield Association of REALTORS® / GEMLS

APN: 171-223-18-00-5