NOT LISTED FOR SALE

812 Karma Ct Bakersfield, CA 93307

South Wible Orchard Neighborhood

Estimated Value: $533,000 - $632,831

8 Beds
4 Baths
3,832 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 26, 2017

Last sale price $339,000 $88 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,654/month

40 Days on Market

About This Home

As of June 2017

Built in 1984, this 3882 sq. ft fourplex has four large 2 bedroom+1 bath units. This entire fourplex has been thoroughly renovated as of March 15th, 2017. All units have new cabinets & granite countertops in kitchen & bathroom, new dual pane vinyl widows, new interior & exteriors doors and new tile floors throughout the apartment for low long-term maintenance costs. Each unit has new A/C, water heater, cooking range & garbage disposal. All units come with new plumbing & electrical fixtures.. 3 of 4 units are each rented out at $725.00 . The 4th unit has been kept empty for showings. All 4 units have same layout and finishes. The property has no deferred maintenance. Listing agent is related to the selling party.

Last Agent to Sell the Property

Mahavir Gill

Open Door Real Estate License #01915111 Listed on: 04/17/2017

Last Buyer's Agent

Debbie Baize

eHomes of Bakersfield License #01428784

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 10,058 Sq Ft Lot

Parking

  • Carport

Interior Spaces

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

Listing and Financial Details

  • Assessor Parcel Number 17122322

Community Details

Overview

  • 4 Units
  • 3660 #A Subdivision

Building Details

  • Gross Income $34,800
  • Net Operating Income $28,700

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: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 10058.00
  • Parcel #: 17122322

Multi Family

  • Total Annual Expense: 5400.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 4
  • Annual Gross Income: 34800.00
  • Property Net Operating Income: 28700.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 8, 2017
Sold by
Surya Real Estate Holding Llc
Bought by
Walters Zachary Ryan
Seller's Agent
Mahavir Gill
Open Door Real Estate
Buyer's Agent
Debbie Baize
eHomes of Bakersfield
List Price
$339,000
Sold Price
$339,000
Current Estimated Value
$592,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,708
Avg. Annual Appreciation
6.73%
Original Mortgage
$254,250
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2012
Sold by
Lukich Branko
Bought by
Vel Valira Llc

Purchase Details

Closed on
Nov 12, 2012
Sold by
Vel Valira Llc
Bought by
Surya Real Estate Holdings Llc

Purchase Details

Closed on
May 5, 2006
Sold by
Lukich Mirjana
Bought by
Lukich Branko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
State Road Property Co Llc
Bought by
Lukich Mirjana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
3.25%
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
Walters Zachary Ryan $339,000 Placer Title
Vel Valira Llc $75,650 None Available
Surya Real Estate Holdings Llc $90,500 Placer Title
Lukich Branko $525,000 Fidelity National Title
Lukich Mirjana $305,000 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
Previous Owner Walters Zachary Ryan $254,250
Previous Owner Lukich Branko $420,000
Previous Owner Lukich Mirjana $217,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2017 06/26/17 Sold $339,000 0.0% $88 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $339,000 -- $88 / 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 $7,034 $393,432 $69,632 $323,800
2024 $7,034 $385,718 $68,267 $317,451
2023 $6,870 $378,156 $66,929 $311,227
2022 $6,679 $370,742 $65,617 $305,125
2021 $6,288 $363,474 $64,331 $299,143
2020 $6,152 $359,748 $63,672 $296,076
2019 $6,033 $359,748 $63,672 $296,076
2018 $5,902 $345,780 $61,200 $284,580
2017 $3,796 $96,020 $26,524 $69,496
2016 $2,764 $94,138 $26,004 $68,134
2015 $2,853 $92,725 $25,614 $67,111
2014 $2,764 $90,910 $25,113 $65,797
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mahavir Gill

    Open Door Real Estate

    (925) 788-9072

    1 Total Sale

    Mahavir Gill
    Section Image

  • D

    Buyer's Agent in 2017

    Debbie Baize

    eHomes of Bakersfield

    (661) 204-2467

    16 Total Sales

    Debbie Baize
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21704272

Bakersfield Association of REALTORS® / GEMLS

APN: 171-223-22-00-6

California Kern County Bakersfield 93307 South Wible Orchard

812 Karma Ct, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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