NOT LISTED FOR SALE
-- Beds
-- Baths
-- Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: June 10, 2015

Last sale price $1,205,000

6 Days on Market

About This Home

As of June 2015

A two story apartment complex with 20, 1 bedroom- 1 bathroom units, and 2, 2 bedroom - 2 bathroom units. The property has abundant parking and an onsite laundry room. There are 18 parking spaces as well as street parking in front of the property. The property is located in Central Bakersfield in a great rental area just 2 blocks from the Rabo Bank Arena and other downtown attractions such as Government building, hotels, and Mercy Hospital.

Last Agent to Sell the Property

Jeffrey Andrew

Unknown Broker License #00941323 Listed on: 05/05/2015

Co-Listed By

Scott Reynolds

Unknown Broker License #``

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.4

Parking

  • 18 Car Parking Spaces
  • Uncovered Parking

Schools

  • Franklin Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 2-Story Property
  • 17,423 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 00607014

Community Details

Overview

  • 22 Units

Building Details

  • Gross Income $128,400
  • Net Operating Income $78,710

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.4 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1973
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Co List Office Mls Id: 3528
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 18.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 17423.00
  • Parcel #: 00607014

Multi Family

  • Total Annual Expense: 46306.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 22
  • Annual Gross Income: 128400.00
  • Property Net Operating Income: 78710.00

MLS Schools

  • Elementary School: Franklin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2015
Closed on
May 21, 2015
Sold by
Bought by
Seller's Agent
Jeffrey Andrew
Unknown Broker
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$1,195,000
Sold Price
$1,205,000
Premium/Discount to List
$10,000
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$698,750
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,500
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,500
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.02%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Bakersfield, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,205,000 North American Title
-- Commonwealth Land Title Co
$1,145,000 Commonwealth Land Title Co
$831,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $10,000,000
Closed $698,750
Previous Owner $801,500
Previous Owner $475,000
Previous Owner $45,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2015 06/10/15 Sold $1,205,000 +0.8% --
05/11/2015 05/11/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $1,195,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $27,149 $1,422,016 $104,194 $1,317,822
2025 $26,667 $1,394,134 $102,151 $1,291,983
2024 $26,667 $1,366,799 $100,149 $1,266,650
2023 $25,962 $1,340,000 $98,186 $1,241,814
2022 $25,265 $1,313,726 $96,261 $1,217,465
2021 $21,120 $1,287,968 $94,374 $1,193,594
2020 $20,696 $1,274,763 $93,407 $1,181,356
2019 $20,378 $1,274,763 $93,407 $1,181,356
2018 $19,990 $1,225,265 $89,781 $1,135,484
2017 $19,931 $1,201,241 $88,021 $1,113,220
2016 $18,432 $1,177,689 $86,296 $1,091,393
2015 $14,805 $850,000 $50,000 $800,000
2014 -- $850,000 $50,000 $800,000
Source: Public Records

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21505157

Bakersfield Association of REALTORS® / GEMLS
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