NOT LISTED FOR SALE

920 Niles St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $483,000 - $674,000

8 Beds
6 Baths
3,840 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $465,000 $121 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,521/month

9 Days on Market

About This Home

As of August 2016

Two fourplexes where Niles and Beale intersect. These side by side gated townhomes, have been well maintained. (8) 2 bedroom 1.5 bath units, with washer/ dryer hookups in units. There is fenced off street parking. Rents are $695.00 (Must be sold together - 2 side by side parcels with separate APN #'s)

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/18/2016

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 07/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,583

Year Built

  • Built in 1970

Lot Details

  • 5,644 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 01520021

Community Details

Overview

  • 8 Units

Building Details

  • Gross Income $66,720
  • Net Operating Income $37,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,583

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1970
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3840.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 5644.00
  • Parcel #: 01520021

Multi Family

  • Total Annual Expense: 25600.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 8
  • Annual Gross Income: 66720.00
  • Property Net Operating Income: 37784.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Aug 10, 2016
Sold by
Alviz Edgar Miranda and Alviz Marie S
Bought by
Miller Eric and Miller Edith
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Marc Thurston
ASU Commercial
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%
Current Estimated Value
$584,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,000
Avg. Annual Appreciation
2.51%

Purchase Details

Closed on
May 28, 2014
Sold by
Alviz Edgar M and Alviz Marie S
Bought by
Alvis Family Trust

Purchase Details

Listed on
Nov 26, 2012
Closed on
Jan 29, 2013
Sold by
Vfish Llc
Bought by
Alviz Edgar M and Alviz Marie S
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$166,000
Sold Price
$166,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$124,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2009
Sold by
Federal National Mortgage Association
Bought by
Vfish Llc

Purchase Details

Closed on
Feb 4, 2009
Sold by
Portillo Jose
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 22, 2007
Sold by
Barrios Irma A
Bought by
Portillo Jose A

Purchase Details

Closed on
May 18, 2007
Sold by
Portillo Jose A
Bought by
Montecristo Enterprises Inc

Purchase Details

Closed on
May 17, 2007
Sold by
Montecristo Enterprises Inc
Bought by
Portillo Jose

Purchase Details

Closed on
Jun 16, 2006
Sold by
Portillo Jose A and Barrios Irma A
Bought by
Montecristo Enterprises Inc

Purchase Details

Closed on
May 17, 2006
Sold by
Portillo Jose A
Bought by
Portillo Jose A and Barrios Irma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2006
Sold by
Barrios Irma A
Bought by
Portillo Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 17, 2006
Sold by
Martinez Silvestor and Martinez Elsa
Bought by
Portillo Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.35%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 19, 2003
Sold by
Kamaal 1994 Trust
Bought by
Martinez Silvestor and Martinez Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Miller Eric $465,000 Placer Title Company
Alvis Family Trust -- None Available
Alviz Edgar M $166,000 First American Title Company
Vfish Llc $138,000 Lsi Title Agency
Federal National Mortgage Association $415,130 Landsafe Title
Portillo Jose A -- Chicago Title
Montecristo Enterprises Inc -- Accommodation
Portillo Jose -- Chicago Title Company
Montecristo Enterprises Inc -- Orange Coast Title Company
Portillo Jose A -- None Available
Portillo Jose A -- Chicago Title Company
Portillo Jose A $360,000 Chicago Title Company
Martinez Silvestor -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alviz Edgar M $124,500
Previous Owner Portillo Jose A $72,000
Previous Owner Portillo Jose A $288,000
Previous Owner Martinez Silvestor $208,000
Closed Martinez Silvestor $26,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2016 08/26/16 Sold $465,000 -7.0% $121 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $500,000 +201.2% $130 / Sq Ft
03/06/2013 03/06/13 Sold $166,000 0.0% $43 / Sq Ft View Prior Sale
02/04/2013 02/04/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $166,000 -- $43 / 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 $5,583 $269,830 $40,617 $229,213
2024 $5,583 $264,540 $39,821 $224,719
2023 $5,444 $259,354 $39,041 $220,313
2022 $5,272 $254,270 $38,276 $215,994
2021 $4,896 $249,285 $37,526 $211,759
2020 $4,762 $246,730 $37,142 $209,588
2019 $4,671 $246,730 $37,142 $209,588
2018 $4,573 $237,150 $35,700 $201,450
2017 $4,538 $232,500 $35,000 $197,500
2016 $3,617 $172,676 $20,803 $151,873
2015 $3,579 $170,083 $20,491 $149,592
2014 $3,468 $166,752 $20,090 $146,662
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2016

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    9 in this area

    85 Total Sales

    Marc Thurston
    Section Image
  • Philip Jordan

    Seller's Agent in 2013

    Philip Jordan

    Keller Williams Realty

    (661) 553-5767

    23 in this area

    135 Total Sales

    Philip Jordan
    Section Image

  • N

    Buyer's Agent in 2013

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21608694

Bakersfield Association of REALTORS® / GEMLS

APN: 015-200-22-00-0

California Kern County Bakersfield 93305 East Bakersfield

920 Niles St, Bakersfield, CA

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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