NOT LISTED FOR SALE

Estimated Value: $307,029 - $335,000

5 Beds
1 Bath
1,657 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $262,800 $159 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,141/month

159 Days on Market

About This Home

As of May 2023

PRICE REDUCTION! Clean Duplex - NOR, 100% Occupied, Professionally Managed, Rents have room for improvement. Existing space w/ rough electrical and plumbing which may make for an easy ADU conversion. Value Add Opportunity. Front House has washer & dryer hookups, each unit has a private yard and covered off-street parking. Back unit is an upstairs apt w/ 2 balconies.

Last Agent to Sell the Property

Daniel Holt

Portfolio Properties License #01732002 Listed on: 12/17/2022

Last Buyer's Agent

Mark Flessati

Emerge Real Estate License #02148713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,058

Year Built

  • Built in 1939

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,657 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 4 Car Parking Spaces

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11304106

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $25,200
  • Net Operating Income $15,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,058

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1939
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1657.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Parcel #: 11304106

Multi Family

  • Total Annual Expense: 9350.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 25200.00
  • Property Net Operating Income: 15850.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
May 17, 2023
Sold by
Meloche Desiree
Bought by
Meloche Ryan
Seller's Agent
Daniel Holt
Portfolio Properties
Buyer's Agent
Mark Flessati
Emerge Real Estate
List Price
$289,000
Sold Price
$262,800
Premium/Discount to List
-$26,200
-9.07%
Views
75
Current Estimated Value
$315,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,733
Avg. Annual Appreciation
8.46%
Original Mortgage
$195,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2022
Closed on
May 5, 2023
Sold by
Pangaea Investments Llc
Bought by
Meloche Ryan
Seller's Agent
Daniel Holt
Portfolio Properties
Buyer's Agent
Mark Flessati
Emerge Real Estate
List Price
$289,000
Sold Price
$262,800
Premium/Discount to List
-$26,200
-9.07%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Meloche Ryan -- First American Title
Meloche Ryan $263,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meloche Ryan $240,100
Closed Meloche Ryan $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $262,800 -9.1% $159 / Sq Ft
12/17/2022 12/17/22 For Sale $289,000 +44.5% $174 / Sq Ft
04/02/2021 04/02/21 Sold $200,000 -7.0% $121 / Sq Ft
03/04/2021 03/04/21 For Sale $215,000 -- $130 / 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 $5,058 $276,746 $46,818 $229,928
2024 $5,058 $271,320 $45,900 $225,420
2023 $4,241 $208,080 $41,616 $166,464
2022 $4,018 $204,000 $40,800 $163,200
2021 $3,057 $135,895 $33,972 $101,923
2020 $2,927 $134,502 $33,624 $100,878
2019 $2,898 $134,502 $33,624 $100,878
2018 $2,799 $129,280 $32,319 $96,961
2017 $2,745 $126,746 $31,686 $95,060
2016 $2,615 $124,262 $31,065 $93,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202213093

Bakersfield Association of REALTORS® / GEMLS

APN: 113-041-06-00-0