NOT LISTED FOR SALE

Estimated Value: $362,016 - $378,000

2 Beds
1 Bath
1,725 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $359,900 $209 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,176/month

14 Days on Market

About This Home

As of November 2024

Attention!! Investment opportunity in the east area of Bakersfield. It is located near schools, shopping centers, parks, and Fwy 176. The roof is relatively new, having been replaced by the current owner about two years ago, as well as newly replaced water heaters.Each unit has two bedrooms, one bath, and a laundry room. It also has a patio on the back and side of the unit and plenty of parking space in the front of the building.This property is for tenant convenience. Whether you're looking to generate a steady rental income without the hassle of frequent repairs or considering living in one unit and renting out the other, this property is an ideal investment.Do not let this opportunity go. Please call your favorite Agent to schedule a private showing. FHA,Conventional,Hard-Money and Cash Welcome!

Last Agent to Sell the Property

Mayra Bastidas Gonzalez

Sierra Central Real Estate License #02188290 Listed on: 08/05/2024

Last Buyer's Agent

Naomi Bermudez

Keller Williams Realty License #02191261

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 5,227

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,725 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Car Parking Spaces
  • Uncovered Parking

Schools

  • Noble Elementary School
  • Washington Middle School
  • Highland School

Additional Features

  • 5,227 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 12632007

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $21,600
  • Net Operating Income $18,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1983
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1200
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 1725.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Zoning Description: Per Kern County Assessors: DUPLEX OR 2 LIV UN 1 PARCEL
  • Lot Size Sq Ft: 5227.00
  • Parcel #: 12632007

Multi Family

  • Total Annual Expense: 3100.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 21600.00
  • Property Net Operating Income: 18500.00

MLS Schools

  • Elementary School: Noble, Myra A.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2024
Sold by
Trujillo Villanueva Manuel and Valladares Martinez Olga
Bought by
Chasin Lindsay
Current Estimated Value
$370,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,380
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2019
Sold by
Villanueva Emilio L and Villanueva Abel T
Bought by
Rujillo Villanueva Manuel and Villanueva Martinez Olga Lidia

Purchase Details

Closed on
Mar 10, 2006
Sold by
Villanueva Noemi
Bought by
Villanueva Abel T

Purchase Details

Closed on
Mar 27, 2003
Sold by
Villanueva Olga Lidia
Bought by
Villanueva Manuel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.79%

Purchase Details

Closed on
Mar 24, 2003
Sold by
Villanueva Lilia T and Villanueva Manuel T
Bought by
Villanueva Emilio L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.79%

Purchase Details

Closed on
Feb 21, 2002
Sold by
Trujillo Francisco and Trujillo Maria
Bought by
Villanueva Manuel T
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
Chasin Lindsay $360,000 Chicago Title Company
Chasin Lindsay $360,000 Chicago Title Company
Rujillo Villanueva Manuel -- None Available
Villanueva Abel T -- Public
Villanueva Emilio L -- Public
Villanueva Manuel T -- Fidelity Title
Villanueva Emilio L $25,000 Fidelity Title
Villanueva Manuel T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chasin Lindsay $353,380
Previous Owner Villanueva Emilio L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $359,900 0.0% $209 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $359,900 -- $209 / 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 $2,919 $360,000 $75,000 $285,000
2024 $2,814 $90,713 $26,382 $64,331
2023 $2,814 $88,935 $25,865 $63,070
2022 $2,603 $87,192 $25,358 $61,834
2021 $2,423 $85,483 $24,861 $60,622
2020 $2,350 $84,608 $24,607 $60,001
2019 $2,173 $84,608 $24,607 $60,001
2018 $2,114 $81,324 $23,652 $57,672
2017 $2,080 $79,731 $23,189 $56,542
2016 $1,763 $78,169 $22,735 $55,434
2015 $1,761 $76,996 $22,394 $54,602
2014 $1,717 $75,489 $21,956 $53,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202407792

Bakersfield Association of REALTORS® / GEMLS

APN: 126-320-07-00-1