NOT LISTED FOR SALE

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

8 Beds
1 Bath
3,832 Sq Ft
$126/Sq Ft Est. Value

Last Sold September 26, 2012

Last sale price $93,375 $24 Per Sq Ft

Est. 417% increase in value since last sale

Current estimated payment $2,921/month

27 Days on Market

About This Home

As of September 2012

This property is eligible under The Freddie Mac First Look Initiative through 08/16/12. Opportunity knocks! SW 4-plex being sold as-is. Needs everything. Great upside - potential! Bring your tools & rebuild a great investment property. Possible $2400 per month income on a $93,000 investment. Hurry bring your cash & save big!

Last Agent to Sell the Property

Edith Gibson

Watson Realty License #817323 Listed on: 07/31/2012

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 10,021 Sq Ft Lot

Interior Spaces

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

Parking

  • Carport
  • 4 Car Parking Spaces

Schools

  • Pauly Elementary School
  • Emerson Middle School
  • South High School

Listing and Financial Details

  • Assessor Parcel Number 17122321

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

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: 3832.00

Exterior Features

  • Disclosures: REO

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: South
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 10021.00
  • Parcel #: 17122321

Multi Family

  • Total Annual Expense: 8000.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 18000.00

MLS Schools

  • Elementary School: Pauly, Leo G.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2014
Sold by
Loader Andrea
Bought by
Loader Jeffrey D
Current Estimated Value
$483,196

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
$388,813

Purchase Details

Closed on
Feb 25, 2014
Sold by
Anacatalina Holdings Llc
Bought by
Loader Jeffrey D

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
$388,813

Purchase Details

Listed on
Jul 31, 2012
Closed on
Sep 24, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Anacatalina Holdings Llc
Seller's Agent
Edith Gibson
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$93,500
Sold Price
$93,375
Premium/Discount to List
-$125
-0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Cooper Nada
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 25, 2004
Sold by
Cooper David
Bought by
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
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
State Road Property Co Llc
Bought by
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
5.86%
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 $93,500 First American Title Ins Co
Federal Home Loan Mortgage Corporation $98,289 Accommodation
Cooper Nada -- First American Title
Cooper Nada $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 Cooper Nada $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2012 09/26/12 Sold $93,375 -0.1% $24 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $93,500 -- $24 / 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 $3,813 $188,576 $30,599 $157,977
2014 $2,673 $93,421 $25,113 $68,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21208168

Bakersfield Association of REALTORS® / GEMLS

APN: 171-223-21-00-3