NOT LISTED FOR SALE

Estimated Value: $655,155 - $709,000

2 Beds
1 Bath
3,426 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 26, 2023

Last sale price $585,000 $171 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,512/month

36 Days on Market

About This Home

As of April 2023

Great investment opportunity in desirable area. Very well maintained, 4-plex with long term tenants (3 years+). The property consist of 4 units- all units are 2 bed 1.5 bath w/ small private backyard. Freshly poured concrete parking lot with assigned parking & guest parking. On site laundry room. Easy access to shopping centers, schools & parks. Priced to sell! There is upside in value through rent growth with this building. (Market rents are $1100+)

Last Agent to Sell the Property

Garry Singh

Bluehorse Real Estate, Inc. License #01906671 Listed on: 03/21/2023

Last Buyer's Agent

Veronica Alcazar

eXp Realty License #01254201

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,517

Year Built

  • Built in 1977

Lot Details

  • 7,840 Sq Ft Lot

Interior Spaces

  • 3,426 Sq Ft Home
  • 2-Story Property

Parking

  • 7 Car Parking Spaces
  • Uncovered Parking

Schools

  • Pauly Elementary School
  • Emerson Middle School
  • South High School

Listing and Financial Details

  • Assessor Parcel Number 17122307

Community Details

Overview

  • 4 Units
  • 3660 Un A Subdivision

Building Details

  • Gross Income $43,044
  • Net Operating Income $30,738

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,517

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1977
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3426.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 7.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: South
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 7840.00
  • Parcel #: 17122307

Multi Family

  • Total Annual Expense: 12306.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 4
  • Annual Gross Income: 43044.00
  • Property Net Operating Income: 30738.00

MLS Schools

  • Elementary School: Pauly, Leo G.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Apr 18, 2023
Sold by
Singh Palwinder
Bought by
Agyemang Emmanuel Freduah and Freduah-Agyemang Priscilla
Seller's Agent
Garry Singh
Bluehorse Real Estate, Inc.
Buyer's Agent
Veronica Alcazar
eXp Realty
List Price
$585,000
Sold Price
$585,000
Views
165
Current Estimated Value
$673,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,387
Avg. Annual Appreciation
5.37%
Original Mortgage
$438,750
Outstanding Balance
$427,461
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$231,571

Purchase Details

Listed on
Jun 28, 2018
Closed on
Aug 9, 2018
Sold by
Balns Gurpreet Kaur
Bought by
Singh Palwinder
Seller's Agent
Desiree Caywood
Watson Realty
Buyer's Agent
Garry Singh
Bluehorse Real Estate, Inc.
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.88%
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2018
Closed on
Jul 12, 2018
Sold by
Fuentes Rosa D
Bought by
Singh Palwinder
Seller's Agent
Desiree Caywood
Watson Realty
Buyer's Agent
Garry Singh
Bluehorse Real Estate, Inc.
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2015
Closed on
Aug 13, 2015
Sold by
Kumar Bhairavi P and Kumar Paresh B
Bought by
Fuentes Rosa D
Seller's Agent
Jesus Ayala
Unknown Broker
Buyer's Agent
Desiree Caywood
Watson Realty
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Original Mortgage
$171,500
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2011
Sold by
Viken Enterprises
Bought by
Kumar Bhairavi P and Kumar Paresh B

Purchase Details

Closed on
Mar 30, 2011
Sold by
Rubio Elizabeth
Bought by
Gonzalez Victor

Purchase Details

Closed on
Mar 29, 2011
Sold by
Landeron Llc
Bought by
Gonzalez Victor and Mtm Holdings Corporation

Purchase Details

Closed on
Mar 24, 2011
Sold by
Louie Craig M and Woo Louie Elaine
Bought by
Landeron Llc

Purchase Details

Closed on
Sep 9, 2004
Sold by
Bagsby Michael
Bought by
Louie Craig M and Woo Louie Elaine

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
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 1996
Sold by
Hud
Bought by
Bagsby Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,977
Interest Rate
8.06%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1996
Sold by
Bagsby Melinda P
Bought by
Bagsby Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,977
Interest Rate
8.06%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 1996
Sold by
Wilson Todd A and The Prudential Home Mtg Compan
Bought by
The Prudential Home Mtg Company Inc

Purchase Details

Closed on
Jan 30, 1996
Sold by
Wilson Todd A
Bought by
The Prudential Home Mtg Company Inc

Purchase Details

Closed on
Jan 25, 1996
Sold by
The Prudential Home Mtg Company Inc
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
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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
Agyemang Emmanuel Freduah $585,000 Placer Title
Singh Palwinder -- Placer Title Co
Singh Palwinder $270,000 Placer Title Co
Fuentes Rosa D $245,000 Chicago Title Company
Kumar Bhairavi P $120,000 Chicago Title Company
Viken Enterprises -- Chicago Title Company
Gonzalez Victor -- Chicago Title Company
Gonzalez Victor $84,000 Chicago Title Company
Landeron Llc -- Chicago Title Company
Louie Craig M $370,000 Ticor Title
Bagsby Michael $69,000 American Title Co
Bagsby Michael -- American Title Co
The Prudential Home Mtg Company Inc $141,289 Fidelity National Title
The Prudential Home Mtg Company Inc -- --
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agyemang Emmanuel Freduah $438,750
Previous Owner Singh Palwinder $200,000
Previous Owner Fuentes Rosa D $171,500
Previous Owner Louie Craig M $348,000
Previous Owner Louie Craig M $259,000
Previous Owner Bagsby Michael $55,000
Previous Owner Bagsby Michael $35,000
Previous Owner Bagsby Michael $94,977
Closed Louie Craig M $73,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2023 04/26/23 Sold $585,000 0.0% $171 / Sq Ft
03/21/2023 03/21/23 For Sale $585,000 +116.7% $171 / Sq Ft
08/13/2018 08/13/18 Sold $270,000 -6.6% $79 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $289,000 +18.0% $84 / Sq Ft
08/31/2015 08/31/15 Sold $245,000 0.0% $72 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $245,000 -- $72 / 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 $9,517 $608,634 $130,050 $478,584
2024 $9,517 $596,700 $127,500 $469,200
2023 $5,824 $289,492 $53,609 $235,883
2022 $5,648 $283,816 $52,558 $231,258
2021 $5,268 $278,252 $51,528 $226,724
2020 $5,133 $275,400 $51,000 $224,400
2019 $5,034 $275,400 $51,000 $224,400
2018 $4,811 $254,898 $31,212 $223,686
2017 $4,775 $249,900 $30,600 $219,300
2016 $4,450 $245,000 $30,000 $215,000
2015 $3,126 $127,919 $21,319 $106,600
2014 $3,031 $125,414 $20,902 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202302216

Bakersfield Association of REALTORS® / GEMLS

APN: 171-223-07-00-3