NOT LISTED FOR SALE

Estimated Value: $706,000 - $1,062,000

6 Beds
3 Baths
2,352 Sq Ft
$362/Sq Ft Est. Value

Last Sold January 29, 2019

Last sale price $455,000 $193 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,104/month

31 Days on Market

About This Home

As of January 2019

Great investment property located in the Riverlakes area close to shops. This well maintained triplex features 2 bedrooms, 1 bath as well as laundry hook-ups and a 1 car garage for all units.

Last Agent to Sell the Property

Bill Redmond

Watson Realty License #01223840 Listed on: 11/29/2018

Co-Listed By

Dawn Borda

Watson Realty License #01298997

Last Buyer's Agent

Phong Ho

Bakersfield Realty & Investmen License #01864305

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 10,454 Sq Ft Lot

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property

Schools

  • Bimat Elementary School
  • Norris Middle School
  • Frontier High School

Listing and Financial Details

  • Assessor Parcel Number 49472104

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2004
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Co List Office Mls Id: 6105
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2352.00

Exterior Features

  • Disclosures: HOA Fees

Garage/Parking

  • Parking Features: Garage, Other

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Frontier
  • Middle Or Junior School: Norris

Lot Info

  • Lot Size Sq Ft: 10454.00
  • Parcel #: 49472104

Multi Family

  • Total Annual Expense: 1.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 3
  • Annual Gross Income: 1.00
  • Property Net Operating Income: 1.00

MLS Schools

  • Elementary School: Bimat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2018
Closed on
Mar 20, 2019
Sold by
Lee Michelle Ngoc
Bought by
Lee Michelle Ngoc and Michelle Ngoc Lee Living Trust
Seller's Agent
Bill Redmond
Watson Realty
Buyer's Agent
Phong Ho
Bakersfield Realty & Investmen
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%
Current Estimated Value
$851,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,143
Avg. Annual Appreciation
9.36%

Purchase Details

Listed on
Nov 29, 2018
Closed on
Jan 25, 2019
Sold by
Eggers Property Management Llc
Bought by
Lee Michelle Ngoc
Seller's Agent
Bill Redmond
Watson Realty
Buyer's Agent
Phong Ho
Bakersfield Realty & Investmen
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%

Purchase Details

Listed on
Nov 29, 2018
Closed on
Jan 2, 2019
Sold by
Eggers David Wayne and Eggers Jennifer Lorraine
Bought by
Eggers Property Management Llc
Seller's Agent
Bill Redmond
Watson Realty
Buyer's Agent
Phong Ho
Bakersfield Realty & Investmen
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%

Purchase Details

Closed on
Aug 16, 2017
Sold by
Eggers David W and Eggers Jennifer L
Bought by
Eggers David Wayne and Eggers Jennifer Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2017
Sold by
Eggers Property Management Llc
Bought by
Eggers David W and Eggers Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2014
Sold by
Eggers David W and Eggers Jennifer L
Bought by
Eggers Property Management Llc

Purchase Details

Closed on
Nov 25, 2009
Sold by
Eggers David W and Eggers Jennifer L
Bought by
Eggers David W and Eggers Jennifer L

Purchase Details

Closed on
Aug 31, 2009
Sold by
Eggers David W and Eggers Jennifer L
Bought by
Eggers David W and Eggers Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2009
Sold by
Riverwood 88 Corp
Bought by
Eggers David W and Eggers Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Parkside 88 Corp
Bought by
Riverwood 88 Corp
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
Lee Michelle Ngoc -- None Available
Lee Michelle Ngoc $455,000 Chicago Title Bakersfield
Eggers Property Management Llc -- Chicago Title Bakersfield
Eggers David Wayne -- Placer Title Company
Eggers David W -- Placer Title Er
Eggers Property Management Llc -- None Available
Eggers David W -- None Available
Eggers David W -- None Available
Eggers David W $305,000 Ticor Title Company Of Ca
Riverwood 88 Corp -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eggers David Wayne $259,000
Previous Owner Eggers David W $247,000
Previous Owner Eggers David W $213,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2019 01/29/19 Sold $455,000 -4.2% $193 / Sq Ft
12/30/2018 12/30/18 Pending -- -- --
11/29/2018 11/29/18 For Sale $475,000 -- $202 / 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 $8,207 $507,557 $111,550 $396,007
2024 $8,049 $497,606 $109,363 $388,243
2023 $8,049 $487,850 $107,219 $380,631
2022 $7,886 $478,285 $105,117 $373,168
2021 $7,546 $468,907 $103,056 $365,851
2020 $7,436 $464,100 $102,000 $362,100
2019 $5,649 $332,899 $67,250 $265,649
2018 $5,643 $319,975 $64,640 $255,335
2017 $5,518 $313,702 $63,373 $250,329
2016 $5,207 $307,552 $62,131 $245,421
2015 $5,147 $302,933 $61,198 $241,735
2014 $5,311 $321,158 $78,972 $242,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21814032

Bakersfield Association of REALTORS® / GEMLS

APN: 494-721-04-00-9