NOT LISTED FOR SALE
-- Bed
-- Bath
3,239 Sq Ft
7,525 Sq Ft Lot

Last Sold September 12, 2016

Last sale price $230,000 $71 Per Sq Ft

28 Days on Market

About This Home

As of September 2016

Value added opportunity in East Bakersfield Located in the west end of east Bakersfield. These 5 units are a mix of 3- 2 bedroom/1 bath in front. Back units above garage are 2- 1 bedroom/ 1 bath. Four one car garages in rear of property. TREMENDOUS UPSIDE IN RENTS! Built 1956 Rent range $400-$525

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 08/15/2016

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 08/15/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,525 Sq Ft Lot

Interior Spaces

  • 3,239 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 01324004

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $27,360
  • Net Operating Income $10,492

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1956
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3239.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 4

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Lot Info

  • Lot Size Sq Ft: 7525.00
  • Parcel #: 01324004

Multi Family

  • Total Annual Expense: 15500.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 5
  • Annual Gross Income: 27360.00
  • Property Net Operating Income: 10492.00

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2016 09/12/16 Sold $230,000 -4.6% $71 / Sq Ft
08/15/2016 08/15/16 For Sale $241,000 -- $74 / 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 $4,697 $266,928 $29,011 $237,917
2024 $4,697 $261,695 $28,443 $233,252
2023 $4,577 $256,565 $27,886 $228,679
2022 $4,632 $251,536 $27,340 $224,196
2021 $4,183 $246,604 $26,804 $219,800
2020 $4,268 $244,077 $26,530 $217,547
2019 $4,203 $244,077 $26,530 $217,547
2018 $3,956 $234,600 $25,500 $209,100
2017 $3,947 $230,000 $25,000 $205,000
2016 $4,047 $260,000 $39,000 $221,000
2015 $3,182 $150,000 $20,000 $130,000
2014 $2,779 $150,000 $20,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21609784

Bakersfield Association of REALTORS® / GEMLS