NOT LISTED FOR SALE

Estimated Value: $237,000 - $298,000

4 Beds
1 Bath
832 Sq Ft
$318/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $120,000 $144 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,698/month

12 Days on Market

About This Home

As of April 2018

Attention all investors! Excellent opportunity to own 2 homes on 1 lot. Front unit is a 2 bedroom/1 bath home that rents for $750 per month, and the back unit it a 2 bedroom/1 bath unit that rents for $600 per month. Front unit features a large dining area off of the kitchen. This property would be great for a first time home buyer who wants to own a second home in the back for the rental income or for a savvy investor looking for a solid addition to their portfolio. Please do not disturb the tenants. Make an offer today before it's gone!

Last Agent to Sell the Property

Pete Peralta

Miramar International-Riverwal License #1307225 Listed on: 03/12/2018

Last Buyer's Agent

Jonathan Vaughn

Unknown Broker License #01704497

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1945

Lot Details

  • 6,403

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11300000

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,200
  • Net Operating Income $10,530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,434

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1945
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Other

Schools

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

Lot Info

  • Parcel #: 11300000

Multi Family

  • Total Annual Expense: 5760.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 16200.00
  • Property Net Operating Income: 10530.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2005
Sold by
Afzal Muhammad
Bought by
Equity Trust Co Custodian and Karen Ice Ira
Current Estimated Value
$259,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$81,225
Interest Rate
5.72%
Mortgage Type
Seller Take Back
Estimated Equity
$167,441
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
Equity Trust Co Custodian $170,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bush Business Development Corporation In $85,000
Closed Bush Business Development Corporation $22,000
Open Equity Trust Co Custodian $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2018 04/23/18 Sold $120,000 -7.7% $144 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $130,000 +64.5% $156 / Sq Ft
04/01/2015 04/01/15 Sold $79,050 +5.4% $54 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $75,000 -- $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 $3,434 $136,535 $34,133 $102,402
2024 $3,327 $133,859 $33,464 $100,395
2023 $3,327 $131,235 $32,808 $98,427
2022 $3,114 $128,663 $32,165 $96,498
2021 $2,937 $126,141 $31,535 $94,606
2020 $2,810 $124,848 $31,212 $93,636
2019 $2,781 $124,848 $31,212 $93,636
2018 $2,239 $83,442 $26,405 $57,037
2017 $2,191 $81,807 $25,888 $55,919
2016 $2,100 $80,204 $25,381 $54,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21803043

Bakersfield Association of REALTORS® / GEMLS

APN: 113-041-16-00-9