NOT LISTED FOR SALE

Estimated Value: $767,000 - $911,000

9 Beds
8 Baths
3,937 Sq Ft
$210/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2023

Last sale price $780,000 $198 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,569 / mo

1 Day on Market

About This Home

As of July 2023

Excellent 4-plex in desirable neighborhood in Southwest Bakersfield. Super close to shopping, restaurants and entertainment. Property boasts 1- 3 bedroom, 2 bath unit along with 3-2 bedroom, 2 bath units and each has its own garage. Owner has valued long term occupancy vs rent maximization so the rents are below market currently. The property has been professionally managed for years and well maintained. These opportunities are rare in a market like this so take advantage and make an offer today!

Last Agent to Sell the Property

John Garone

Locator Real Estate Co. License #1165021 Listed on: 06/20/2023

Last Buyer's Agent

Bradley Barnett

Century 21 Select Real Estate License #00809556

Century 21 Select Real Estate

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot

Interior Spaces

  • 3,937 Sq Ft Home
  • 1-Story Property

Schools

  • Lum Elementary School
  • Tevis Middle School
  • Independence High School

Listing and Financial Details

  • Assessor Parcel Number 39236214

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $50,700
  • Net Operating Income $41,598

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1994
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3937.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Independence
  • Middle Or Junior School: Tevis

Lot Info

  • Lot Size Sq Ft: 10454.00
  • Parcel #: 39236214

Multi Family

  • Total Annual Expense: 9101.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 4
  • Annual Gross Income: 50700.00
  • Property Net Operating Income: 41598.00

MLS Schools

  • Elementary School: Lum, Sing

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

Listed on
Jun 20, 2023
Closed on
Jun 22, 2023
Sold by
Richardson Family Trust
Bought by
Seller's Agent
John Garone
Locator Real Estate Co.
Buyer's Agent
Bradley Barnett
Century 21 Select Real Estate
List Price
$775,000
Sold Price
$780,000
Premium/Discount to List
$5,000
0.65%
Views
15
Current Estimated Value
$825,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,844
Avg. Annual Appreciation
1.86%
Original Mortgage
$390,000
Outstanding Balance
$376,545
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$449,299

Purchase Details

Closed on
Mar 12, 1999
Sold by
Davis H Arthur and Davis Annette L
Bought by
Richardson Nereus L and Richardson Janelle T

Purchase Details

Closed on
Jul 25, 1995
Sold by
Adavco Inc
Bought by
Davis H Arthur and Davis Annette L
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
$780,000 Ticor Title
Richardson Nereus L $260,000 Chicago Title Co
Davis H Arthur $270,000 Heritage Title Company
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 $390,000
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
07/20/2023 07/20/23 Sold $780,000 +0.6% $198 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $775,000 -- $197 / 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 $12,410 $811,512 $208,080 $603,432
2025 $12,410 $795,600 $204,000 $591,600
2024 $12,165 $780,000 $200,000 $580,000
2023 $7,434 $391,759 $67,799 $323,960
2022 $7,129 $384,078 $66,470 $317,608
2021 $6,736 $376,548 $65,167 $311,381
2020 $6,571 $372,688 $64,499 $308,189
2019 $6,487 $372,688 $64,499 $308,189
2018 $6,236 $358,219 $61,996 $296,223
2017 $6,149 $351,196 $60,781 $290,415
2016 $5,817 $344,311 $59,590 $284,721
2015 $5,760 $339,140 $58,695 $280,445
2014 $5,624 $332,498 $57,546 $274,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202305115

Bakersfield Association of REALTORS® / GEMLS

APN: 392-362-14-00-8

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