NOT LISTED FOR SALE

Estimated Value: $358,000 - $440,000

9 Beds
5 Baths
3,240 Sq Ft
$123/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $175,000 $54 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,536/month

29 Days on Market

About This Home

As of October 2014

Owner carry with only $50K down, 6% P&I or 10% interest only payments due in 5 years. Great investment opportunity with out the hard money cost. Triplex each are 1080sf, 3 bed, 1.5 bath with indoor laundry, separate kitchen dining and living room. Built in 1996.

Last Agent to Sell the Property

Robert Dobbs

661 Realty License #01520841 Listed on: 09/18/2014

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1986

Lot Details

  • 8,854 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property

Schools

  • Owens Elementary School
  • Chipman Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 13914107

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $25,800
  • Net Operating Income $18,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,280

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1986
  • Building Stories: 2
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3240.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 8854.00
  • Parcel #: 13914107

Multi Family

  • Total Annual Expense: 7000.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 3
  • Annual Gross Income: 25800.00
  • Property Net Operating Income: 18200.00

MLS Schools

  • Elementary School: Owens, B. E.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2019
Sold by
Hariri Taraneh and Taraneh T Hariri Revocable Tru
Bought by
Alta Sierra Oak Properties Llc
Current Estimated Value
$398,000

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
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 2017
Sold by
Hariri Taraneh
Bought by
Hariri Taraneh and The Taraneh T Hariri Revocable

Purchase Details

Listed on
Sep 18, 2014
Closed on
Oct 16, 2014
Sold by
Hariri Parviz M
Bought by
Hariri Taraneh
Seller's Agent
Robert Dobbs
661 Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$125,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 18, 2014
Closed on
Oct 15, 2014
Sold by
Legin Inc
Bought by
Hariri Taraneh
Seller's Agent
Robert Dobbs
661 Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Sep 18, 2014
Closed on
Sep 15, 2014
Sold by
Singh Lovepreet
Bought by
Legin Inc
Seller's Agent
Robert Dobbs
661 Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 24, 2012
Sold by
Mb Free Llc
Bought by
Singh Lovepreet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2010
Sold by
Freedman Michael and Freedman Leora
Bought by
Mb Free Llc and Manhattan Diversified Property Exchange

Purchase Details

Closed on
Dec 9, 2010
Sold by
Federal National Mortgage Association
Bought by
Freedman Michael A
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
Alta Sierra Oak Properties Llc $103,500 Placer Title Er
Hariri Taraneh -- None Available
Hariri Taraneh -- Chicago Title Company
Hariri Taraneh $175,000 Chicago Title Company
Legin Inc $155,000 Chicago Title Company
Singh Lovepreet $309,000 Chicago Title Company
Mb Free Llc $161,500 None Available
Freedman Michael A $161,500 Lsi Title Company Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alta Sierra Oak Properties Llc $2,200,000
Closed Alta Sierra Oak Properties Llc $206,250
Previous Owner Hariri Taraneh $180,000
Previous Owner Hariri Taraneh $171,661
Previous Owner Hariri Taraneh $125,000
Previous Owner Singh Lovepreet $124,500
Previous Owner Barajas Jose Antonio $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $175,000 -10.3% $54 / Sq Ft
09/18/2014 09/18/14 For Sale $195,000 +25.8% $60 / Sq Ft
09/17/2014 09/17/14 Sold $155,000 -11.4% $48 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
09/05/2013 09/05/13 For Sale $175,000 -- $54 / 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 $4,280 $210,313 $24,033 $186,280
2024 $4,174 $206,190 $23,562 $182,628
2023 $4,174 $202,148 $23,100 $179,048
2022 $4,044 $198,186 $22,648 $175,538
2021 $3,760 $194,301 $22,204 $172,097
2020 $3,660 $192,310 $21,977 $170,333
2019 $3,590 $192,310 $21,977 $170,333
2018 $3,514 $184,845 $21,125 $163,720
2017 $3,488 $181,221 $20,711 $160,510
2016 $3,252 $177,668 $20,305 $157,363
2015 $3,223 $175,000 $20,000 $155,000
2014 $2,939 $155,200 $20,090 $135,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21410087

Bakersfield Association of REALTORS® / GEMLS

APN: 139-141-07-00-0