NOT LISTED FOR SALE

Estimated Value: $240,000 - $289,117

3 Beds
2 Baths
1,680 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $120,000 $71 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,817/month

54 Days on Market

About This Home

As of July 2019

Calling all INVESTORS...2 homes on 1 lot! Live in one unit rent out the other or collect income on both units. Average rents for 3 bed 2 bath = $1,000 Average rents for 2 bed 1 bath = $650 per Rentometer. Main house is 1,680 sq ft, with an additional 200 sq ft in the basement. Detached apartment is 2 beds, 1 bath, with kitchen and living room (sq ft unknown), sits on top of 2 car garage with laundry. Separate electric and gas meters, flat rate water of $55 for both units combined, huge yard, wooden fence separates properties, and alley access! Permitted electrical panel was installed on the back unit in 2016. TLC is needed, but the potential is huge! CASH or HARD MONEY!

Last Agent to Sell the Property

Nicole Gomez

RE/MAX Tehachapi License #01997022 Listed on: 04/23/2019

RE/MAX Tehachapi

Last Buyer's Agent

Michelle Greenlee

Emerge Real Estate License #01903192

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,896

Year Built

  • Built in 1947

Lot Details

  • 6,109 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11304311

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,896

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1947
  • Building Stories: 2
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 1680.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Garage
  • Garages: 1

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater,Other

Schools

  • High School: North
  • Middle Or Junior School: Beardsley

Lot Info

  • Lot Size Sq Ft: 6109.00
  • Parcel #: 11304311

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 100.00
  • Number Of Units Total: 2
  • Annual Gross Income: 1.00
  • Property Net Operating Income: 1.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Lewis Ndidi Aman Olachi
Bought by
Temple Diane
Current Estimated Value
$273,779

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jul 11, 2019
Sold by
G3 Investment Group Inc
Bought by
Lewis Nididi Aman Olachi
Seller's Agent
Nicole Gomez
RE/MAX Tehachapi
Buyer's Agent
Michelle Greenlee
Emerge Real Estate
List Price
$121,000
Sold Price
$120,000
Premium/Discount to List
-$1,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.72%

Purchase Details

Closed on
May 21, 2018
Sold by
Pittman William Alan
Bought by
G3 Investments Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 19, 2014
Sold by
Pittman Tamara
Bought by
Pittman William Alan

Purchase Details

Closed on
Dec 18, 2014
Sold by
Knight Susan L
Bought by
Pittman William Alan

Purchase Details

Closed on
Jun 20, 2006
Sold by
Kirk Diana B and Knight Susan L
Bought by
Knight Susan L

Purchase Details

Closed on
Aug 23, 2002
Sold by
Castle & Cooke Commercial Ca Inc
Bought by
Varnet Inc

Purchase Details

Closed on
Aug 22, 1997
Sold by
Kirk Martin L and Kirk Mildred E
Bought by
Kirk Martin L and Kirk Mildred E
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
Temple Diane $130,000 Chicago Title Company
Lewis Nididi Aman Olachi $120,000 Placer Title Er
G3 Investments Group Inc $94,000 Placer Title Co
Pittman William Alan -- Ticor Title Company
Pittman William Alan $90,000 Ticor Title Company
Knight Susan L -- None Available
Varnet Inc $322,000 American Title
Kirk Martin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Ndidi Aman Olachi $40,000
Previous Owner G3 Investment Group Inc $44,000
Previous Owner G3 Investments Group Inc $50,000
Previous Owner Pittman William Alan $36,000
Previous Owner Varnet Inc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $120,000 -0.8% $71 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $121,000 +34.4% $72 / Sq Ft
02/18/2016 02/18/16 Sold $90,000 -9.9% $54 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
11/14/2014 11/14/14 For Sale $99,900 -- $59 / 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 $3,896 $225,766 $41,616 $184,150
2024 $2,727 $221,340 $40,800 $180,540
2023 $2,727 $126,139 $31,534 $94,605
2022 $2,621 $123,666 $30,916 $92,750
2021 $2,517 $121,242 $30,310 $90,932
2020 $2,432 $120,000 $30,000 $90,000
2019 $2,140 $97,797 $20,808 $76,989
2018 $2,084 $95,062 $31,687 $63,375
2017 $2,040 $93,199 $31,066 $62,133
2016 $1,939 $91,372 $30,457 $60,915
2015 $1,407 $47,688 $6,342 $41,346
2014 $1,378 $46,755 $6,218 $40,537
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21904712

Bakersfield Association of REALTORS® / GEMLS

APN: 113-043-11-00-8