NOT LISTED FOR SALE

Estimated Value: $515,000 - $608,000

2 Beds
1 Bath
3,451 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 20, 2019

Last sale price $345,000 $100 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,680/month

124 Days on Market

About This Home

As of March 2019

Opportunity to own a fourplex in South Bakersfield. Property is located in a cul-de-sac neighborhood. Each unit is 2 bedrooms, 1 bath. Each unit has a 1 car garage. Units are located near area shopping, local parks and area thoroughfares.

Last Agent to Sell the Property

Michael Freedman

American Real Estate License #01212171 Listed on: 10/17/2018

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,935

Year Built

  • Built in 1977

Lot Details

  • 7,119 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

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

Schools

  • Pauly Elementary School
  • Sequoia Middle School

Listing and Financial Details

  • Assessor Parcel Number 17122316

Community Details

Overview

  • 3660 Un A Subdivision

Building Details

  • Gross Income $36,780
  • Net Operating Income $30,528

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,935

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1977
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3451.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Garage
  • Garages: 4

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • Middle Or Junior School: Sequoia

Lot Info

  • Lot Size Sq Ft: 7119.00
  • Parcel #: 17122316

Multi Family

  • Total Annual Expense: 6252.00
  • Vacancy Factor: 0.01
  • Annual Gross Income: 36780.00
  • Property Net Operating Income: 30528.00

MLS Schools

  • Elementary School: Pauly, Leo G.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Feb 23, 2019
Sold by
Warner Jeremiah and Warner Tessa
Bought by
Myint Andy and Mo Wei Lan
Seller's Agent
Michael Freedman
American Real Estate
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%
Current Estimated Value
$582,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,275
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Aug 10, 2017
Sold by
Huang Richard and Huang Nancy Hui Wang
Bought by
Warner Jeremy and Warner Tessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2012
Sold by
Huang Richard and Huang Nancy Hui Wang
Bought by
Huang Richard and Huang Nancy Hui Wang

Purchase Details

Closed on
Oct 14, 2011
Sold by
Jefferson George and Jefferson Alma
Bought by
Huang Richard and Huang Nancy Huiwang

Purchase Details

Closed on
Nov 20, 2010
Sold by
Wells Fargo Bank N A
Bought by
Jefferson George and Jefferson Alma

Purchase Details

Closed on
Oct 11, 2010
Sold by
Vargas Salvador
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 17, 2007
Sold by
Ramirez Vargas Salvador and Ramirez De Vargas Patricia
Bought by
Vargas Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.41%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 10, 2007
Sold by
Guerra Carlos and Guerra Margarita
Bought by
Ramirez Vargas Salvador and Ramirez De Vargas Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.41%
Mortgage Type
Negative Amortization
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
Myint Andy $345,000 Ticor Title Company
Warner Jeremy $275,000 Chicago Title Company
Huang Richard -- None Available
Huang Richard $115,000 First American Title Company
Jefferson George $103,000 Chicago Title Company
Wells Fargo Bank Na $112,340 Accommodation
Vargas Salvador $133,500 Fidelity National Title Co
Ramirez Vargas Salvador $140,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warner Jeremy $206,250
Previous Owner Vargas Salvador $265,000
Previous Owner Ramirez Vargas Salvador $156,891
Previous Owner Guerra Carlos $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $345,000 -1.4% $100 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
10/17/2018 10/17/18 For Sale $349,900 +27.2% $101 / Sq Ft
10/17/2017 10/17/17 Sold $275,000 0.0% $80 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $275,000 -- $80 / 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 $6,935 $384,849 $83,661 $301,188
2024 $6,935 $377,304 $82,021 $295,283
2023 $6,773 $369,907 $80,413 $289,494
2022 $7,887 $362,655 $78,837 $283,818
2021 $6,193 $355,545 $77,292 $278,253
2020 $6,057 $351,900 $76,500 $275,400
2019 $5,161 $286,110 $52,020 $234,090
2018 $5,052 $275,000 $50,000 $225,000
2017 $3,244 $124,456 $32,466 $91,990
2016 $3,075 $122,017 $31,830 $90,187
2015 $3,038 $120,185 $31,352 $88,833
2014 $2,946 $117,831 $30,738 $87,093
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21812666

Bakersfield Association of REALTORS® / GEMLS

APN: 171-223-16-00-9