$465,000
SOLD MAR 14, 2025
-- Bed
-- Bath
2,764 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$168 Per Sq Ft

49 Days on Market

About This Home

As of March 2025

Great income property for investor. Good clean income units on S.W. side of town. Owner has done staco, new windows. 1 unit has 2 car garage.Good for 1031 exchange. Motivated seller.

Last Agent to Sell the Property

Juana Pineda

Executive Realty & Investments License #01362468 Listed on: 01/10/2025

Last Buyer's Agent

Jonathan Mejia

Golden Valley RealEstate Group License #01995612

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Interior Spaces

  • 2,764 Sq Ft Home
  • 1-Story Property

Parking

  • 1 Car Garage
  • Uncovered Parking

Schools

  • Palla Elementary School
  • Greenfield Middle School
  • South High School

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 41208006

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $35,000
  • Net Operating Income $35,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • Building Stories: 1
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 3 Units
  • Lot Size Acres: 0.2000
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2764.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Number Of Garages: 1
  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 8712.00
  • Parcel #: 41208006

Multi Family

  • Total Annual Expense: 1380.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 3
  • Existing Lease Type: Net
  • Annual Gross Income: 35000.00
  • Property Net Operating Income: 35000.00

MLS Schools

  • Elementary School: Palla, R.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
Mar 13, 2025
Sold by
Martinez Ruiz Eyving Alcides
Bought by
Iraheta Elizabeth
Seller's Agent
Juana Pineda
Executive Realty & Investments
Buyer's Agent
Jonathan Mejia
Golden Valley RealEstate Group
List Price
$465,000
Sold Price
$465,000
Views
36
Current Estimated Value
$485,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,267
Avg. Annual Appreciation
5.55%
Original Mortgage
$348,750
Outstanding Balance
$346,694
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$138,573

Purchase Details

Listed on
Jan 10, 2025
Closed on
Feb 4, 2025
Sold by
La Morada Llc
Bought by
Iraheta Elizabeth
Seller's Agent
Juana Pineda
Executive Realty & Investments
Buyer's Agent
Jonathan Mejia
Golden Valley RealEstate Group
List Price
$465,000
Sold Price
$465,000
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Outstanding Balance
$346,694
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$138,573

Purchase Details

Closed on
Oct 1, 2021
Sold by
Ricardo And Juana M Herrera Family Trust and Herrera Ricardo
Bought by
La Morada Llc

Purchase Details

Closed on
Dec 21, 2017
Sold by
Herrera Ricardo and Herrera Juana M
Bought by
Herrera Ricardo and Herrera Juana M

Purchase Details

Closed on
Feb 10, 2011
Sold by
Federal National Mortgage Association
Bought by
Herrera Ricardo and Herrera Juana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2010
Sold by
Dang Thomas T and Dang Mary R
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Nov 25, 2003
Sold by
Lee Albert and Lee Pearl
Bought by
Dang Thomas T and Dang Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2002
Sold by
Naderi M Javad and Naderi Badri
Bought by
Lee Albert and Lee Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed -- Placer Title
Grant Deed $465,000 Placer Title
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed $115,000 Stewart Title Of California
Trustee Deed $237,273 Accommodation
Grant Deed $195,000 Stewart Title
Grant Deed $110,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,750 New Conventional
Previous Owner $86,250 New Conventional
Previous Owner $156,000 Credit Line Revolving
Previous Owner $99,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $465,000 0.0% $168 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
01/10/2025 01/10/25 For Sale $465,000 -- $168 / 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 $3,552 $147,322 $25,617 $121,705
2024 $3,552 $144,434 $25,115 $119,319
2023 $3,454 $141,603 $24,623 $116,980
2022 $3,360 $138,828 $24,141 $114,687
2021 $3,077 $136,107 $23,668 $112,439
2020 $2,958 $134,713 $23,426 $111,287
2019 $2,910 $134,713 $23,426 $111,287
2018 $2,817 $129,483 $22,517 $106,966
2017 $2,781 $126,945 $22,076 $104,869
2016 $2,671 $124,457 $21,644 $102,813
2015 $2,631 $122,588 $21,319 $101,269
2014 $2,579 $120,188 $20,902 $99,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202500488

Bakersfield Association of REALTORS® / GEMLS

APN: 412-080-06-00-5