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

Sale Details

Date 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

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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

7,525 Sq Ft Lot

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

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

Closed on
Jun 8, 2017
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
$190,500
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 15, 2016
Closed on
Sep 2, 2016
Sold by
Bought by
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$241,000
Sold Price
$230,000
Premium/Discount to List
-$11,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 2004
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 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
$129,500
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Orange Coast Title
$635,000 Placer Title Company
$121,500 First American Title Company
$265,000 Stewart Title
$185,000 Chicago Title
$45,000 --
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 $280,000
Closed $190,500
Previous Owner $230,000
Previous Owner $129,500
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
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

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 $4,777 $272,266 $29,591 $242,675
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

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21609784

Bakersfield Association of REALTORS® / GEMLS
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