NOT LISTED FOR SALE
3 Beds
2 Baths
2,509 Sq Ft
10,127 Sq Ft Lot

Sale Details

Date Sold: April 26, 2019

Last sale price $217,500 $87 Per Sq Ft

43 Days on Market

About This Home

As of April 2019

The property consists of 3 houses on one large lot; a great cash flow property just 1 mile from bustling Downtown Bakersfield. This sought-after area of Central Bakersfield is on an upward trend. The front house is 2 bed/1 bath and rents for $750. The middle house is also 2 bed/1 bath and rents for $625 (well under market). The rear house is a larger house with 3 bed/2 bath and will rent for $900+. It is currently under rehab and will be offered in Rent-Ready condition. This is a $2,275/month income property for only $215,000. At this price, the seller will provide the rear unit in rent-ready condition but otherwise wants to offer property in as-is condition.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 02/12/2019

Keller Williams Realty

Last Buyer's Agent

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 02/12/2019

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,127 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,509 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00206119

Community Details

Overview

  • 3 Units
  • Homaker Park Subdivision

Building Details

  • Gross Income $27,300
  • Net Operating Income $19,683

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

10,127 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2509.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat,Evaporative

Lot Info

  • Lot Size Sq Ft: 10127.00
  • Parcel #: 00206119

Multi Family

  • Total Annual Expense: 7617.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 3
  • Annual Gross Income: 27300.00
  • Property Net Operating Income: 19683.00

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
Feb 12, 2019
Closed on
Apr 9, 2019
Sold by
Bought by
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$215,000
Sold Price
$217,500
Premium/Discount to List
$2,500
1.16%

Purchase Details

Closed on
Sep 23, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
0.035%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 13, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 2002
Sold by
Bought by
Source: Public Records
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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
$217,500 Chicago Title Bakersfield
$138,000 Chicago Title Company
-- 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 $390,000
Previous Owner $110,000
Previous Owner $110,000
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
04/26/2019 04/26/19 Sold $217,500 +1.2% $87 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $215,000 -- $86 / 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
2025 $5,719 $326,817 $44,617 $282,200
2024 $4,659 $238,410 $43,743 $194,667
2023 $4,546 $233,736 $42,886 $190,850
2022 $4,411 $229,154 $42,046 $187,108
2021 $4,124 $224,662 $41,222 $183,440
2020 $4,023 $222,360 $40,800 $181,560
2019 $3,047 $146,446 $42,448 $103,998
2018 $2,985 $140,760 $40,800 $99,960
2017 $2,960 $138,000 $40,000 $98,000
2016 $2,452 $106,102 $31,830 $74,272
2015 $2,424 $104,509 $31,352 $73,157
2014 $2,349 $102,462 $30,738 $71,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21902176

Bakersfield Association of REALTORS® / GEMLS

APN: 002-061-19

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