NOT LISTED FOR SALE

Estimated Value: $318,000 - $427,000

2 Beds
1 Bath
2,304 Sq Ft
$162/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $348,000 $151 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,450/month

235 Days on Market

About This Home

As of December 2023

Another investment that produces a good cash flow. Rents are low and in high demand. Add this to your portfolio. Zoning is C-2 Each unit has a small private back patio area.

Last Agent to Sell the Property

Daniel Mena

Golden Valley RealEstate Group License #01422062 Listed on: 02/18/2023

Last Buyer's Agent

Rolando Gonzales

Golden Valley RealEstate Group License #01429046

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 6,969 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,304 Sq Ft Home
  • 1-Story Property

Schools

  • Longfellow Elementary School
  • Washington Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 01429019

Community Details

Overview

  • 3 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $31,937
  • Net Operating Income $29,026

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2304.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered, Other

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6969.00
  • Parcel #: 01429019

Multi Family

  • Total Annual Expense: 2911.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Annual Gross Income: 31937.00
  • Property Net Operating Income: 29026.00

MLS Schools

  • Elementary School: Longfellow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Oct 25, 2023
Sold by
Giumarra Joseph R
Bought by
Rodolfo Gonzales And Margarita Martinez Livin and Gonzales
Seller's Agent
Daniel Mena
Golden Valley RealEstate Group
Buyer's Agent
Rolando Gonzales
Golden Valley RealEstate Group
List Price
$359,900
Sold Price
$348,000
Premium/Discount to List
-$11,900
-3.31%
Views
191
Current Estimated Value
$372,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,986
Avg. Annual Appreciation
3.37%
Original Mortgage
$247,500
Outstanding Balance
$243,289
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$129,697

Purchase Details

Closed on
Aug 29, 1995
Sold by
Giumarra Monica J
Bought by
Giumarra Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.48%

Purchase Details

Closed on
Aug 14, 1995
Sold by
California Federal Bank
Bought by
Giumarra Glorianna R and Giumarra Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,250
Interest Rate
7.48%
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
Rodolfo Gonzales And Margarita Martinez Livin $338,000 Chicago Title Company
Giumarra Joseph R -- Chicago Title Co
Giumarra Glorianna R $55,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodolfo Gonzales And Margarita Martinez Livin $247,500
Previous Owner Giumarra Glorianna R $41,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2023 12/04/23 Sold $348,000 -3.3% $151 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $359,900 -- $156 / 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 $6,010 $344,760 $69,360 $275,400
2024 $2,998 $338,000 $68,000 $270,000
2023 $2,998 $87,788 $25,530 $62,258
2022 $2,878 $86,068 $25,030 $61,038
2021 $2,605 $84,382 $24,540 $59,842
2020 $2,507 $83,518 $24,289 $59,229
2019 $2,463 $83,518 $24,289 $59,229
2018 $2,420 $80,277 $23,347 $56,930
2017 $2,398 $78,704 $22,890 $55,814
2016 $2,290 $77,162 $22,442 $54,720
2015 $2,258 $76,004 $22,105 $53,899
2014 $2,191 $74,516 $21,672 $52,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202301414

Bakersfield Association of REALTORS® / GEMLS

APN: 014-290-19-00-2