NOT LISTED FOR SALE

901 Karma Ct Bakersfield, CA 93307

South Wible Orchard Neighborhood

Estimated Value: $405,846 - $617,000

8 Beds
4 Baths
3,871 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: September 1, 2015

Last sale price $210,000 $54 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,075 / mo

17 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Cooling Available
  • Weatherly Heights Elementary School Rated A-

About This Home

As of September 2015

four units 2 bedroom 1 bath each all rented perfect for investor's offer's subject to inspection please don't disturb tenants.

Last Agent to Sell the Property

Eli Jahshan

On Time Realty License #01020662 Listed on: 08/26/2015

Last Buyer's Agent

Hugo Correa

Burbank Hillside Realty License #01022918

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,198 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 4 Car Garage

Interior Spaces

  • 3,871 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 12
  • Tax Tract Number 3660
  • Assessor Parcel Number 1712231200

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $1,200
  • Professional Management Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,317
  • Gross Income $2,150
  • Net Operating Income $18,283

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

7,198 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 8.70
  • Professional Management Expense: 1200.00
  • Property Attached: No
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 1712231200
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 54.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available
  • Sewer: Unknown
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 7198.00
  • Price Per Lot Square Foot: 29.17
  • Lot Size Acres: 0.1650

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 2150.00
  • Gross Scheduled Income: 25800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7198.0000 Square Feet
  • Net Operating Income: 18283.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7517.00
  • Rent Control: No
  • Total Actual Rent: 2150.00

Tax Info

  • New Taxes Expense: 3317.00
  • Tax Lot: 12
  • Tax Tract Number: 3660

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
Aug 26, 2015
Closed on
Aug 24, 2015
Sold by
Bought by
Seller's Agent
Eli Jahshan
On Time Realty
Buyer's Agent
Hugo Correa
Burbank Hillside Realty
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$476,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,962
Avg. Annual Appreciation
7.79%
Original Mortgage
$136,500
Interest Rate
0.0405%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2015
Closed on
Jul 23, 2015
Sold by
Bought by
Seller's Agent
Eli Jahshan
On Time Realty
Buyer's Agent
Hugo Correa
Burbank Hillside Realty
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
0.0405%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 16, 2014
Closed on
Mar 12, 2014
Sold by
Bought by
Seller's Agent
Jesse Corona
Miramar Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$185,000
Sold Price
$150,000
Premium/Discount to List
-$35,000
-18.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.74%

Purchase Details

Closed on
Jun 17, 2008
Sold by
Bought by
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

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
-- Fatcola
-- Fatcola
$210,000 Fatcola
$150,000 Fidelity National Title
-- None Available
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 $262,500
Closed $245,000
Closed $146,000
Closed $136,500
Previous Owner $85,310
Previous Owner $84,500
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 Prior Sale
09/01/2015 09/01/15 Sold $210,000 0.0% $54 / Sq Ft
07/12/2015 07/12/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $210,000 +40.0% $54 / Sq Ft
04/01/2014 04/01/14 Sold $150,000 -18.9% $39 / Sq Ft View Prior Sale
03/02/2014 03/02/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $185,000 -- $48 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $5,471 $248,592 $35,511 $213,081
2024 $5,363 $243,718 $34,815 $208,903
2023 $5,228 $238,940 $34,133 $204,807
2022 $5,059 $234,256 $33,464 $200,792
2021 $4,685 $229,663 $32,808 $196,855
2020 $4,552 $227,309 $32,472 $194,837
2019 $4,465 $227,309 $32,472 $194,837
2018 $4,374 $218,484 $31,212 $187,272
2017 $4,339 $214,200 $30,600 $183,600
2016 $4,059 $210,000 $30,000 $180,000
2015 $3,422 $154,016 $30,599 $123,417
2014 $3,317 $151,000 $20,000 $131,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Eli Jahshan

    On Time Realty

    Section Image

  • H

    Buyer's Agent in 2015

    Hugo Correa

    RE/MAX

    Section Image

  • J

    Seller's Agent in 2014

    Jesse Corona

    Miramar Realty

    27 Total Sales

    Jesse Corona
    Section Image

  • N

    Buyer's Agent in 2014

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15138769

California Regional Multiple Listing Service (CRMLS)

APN: 171-223-12-00-7

California Kern County Bakersfield 93307 South Wible Orchard

901 Karma Ct, Bakersfield, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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