NOT LISTED FOR SALE

Estimated Value: $335,257 - $439,000

5 Beds
1 Bath
1,736 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $349,500 $201 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,656/month

77 Days on Market

About This Home

As of May 2023

Great opportunity to acquire a cash flowing investment property, or live in one unit while the other unit helps make the payment! Original structure in front has been updated and features 2 bedrooms, one bath, and central AC/Heat. Rear unit was built in 2007 and offers 3 bedrooms, 2 baths, central AC/Heat. Located in a high demand rental area and very near Mt. Vernon Elementary School.

Last Agent to Sell the Property

Darron Mason

eXp Realty - Bakersfield License #01464680 Listed on: 02/14/2023

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,061

Year Built

  • Built in 1946

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property

Schools

  • Mount Vernon Elementary School
  • Compton Middle School
  • Mira Monte High School

Listing and Financial Details

  • Assessor Parcel Number 14022002

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $27,600
  • Net Operating Income $19,472

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,061

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1946
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1736.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Compton

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Parcel #: 14022002

Multi Family

  • Total Annual Expense: 8128.32
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 27600.00
  • Property Net Operating Income: 19471.68

MLS Schools

  • Elementary School: Mount Vernon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Apr 4, 2023
Sold by
Gamax Properties Group Llc
Bought by
Santillan Jesus Antonio and Pacheco Paula
Seller's Agent
Darron Mason
eXp Realty - Bakersfield
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$359,000
Sold Price
$349,500
Premium/Discount to List
-$9,500
-2.65%
Views
20
Current Estimated Value
$394,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,314
Avg. Annual Appreciation
4.23%
Original Mortgage
$262,125
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Santillan Jesus Antonio $349,500 Placer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santillan Jesus Antonio $262,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $349,500 -2.6% $201 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $359,000 +13.1% $207 / Sq Ft
11/29/2021 11/29/21 Sold $317,500 -3.8% $183 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $330,000 -- $190 / 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 $6,061 $363,619 $62,424 $301,195
2024 $5,599 $356,490 $61,200 $295,290
2023 $5,599 $323,850 $61,200 $262,650
2022 $5,350 $317,500 $60,000 $257,500
2021 $2,796 $115,468 $33,307 $82,161
2020 $2,723 $114,285 $32,966 $81,319
2019 $2,623 $114,285 $32,966 $81,319
2018 $2,552 $109,849 $31,687 $78,162
2017 $2,519 $107,696 $31,066 $76,630
2016 $2,160 $105,585 $30,457 $75,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202301266

Bakersfield Association of REALTORS® / GEMLS

APN: 140-220-02-00-1