NOT LISTED FOR SALE

Estimated Value: $373,000 - $594,000

8 Beds
4 Baths
3,183 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $450,000 $141 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,143/month

23 Days on Market

Highlights

  • 1-Story Property
  • Cesar E. Chavez High School Rated A-
  • 3-minute walk to Morningside Park

About This Home

As of June 2022

Great income producing four-plex property located in the city of Delano. This 3183 square foot property consists of 4 units with each containing 2 bedrooms and 1 bath. Each unit contains washer and dryer hook-ups plus each individual unit has its own central a/c unit. Renters have been long-term tenants and would like to remain. Rents are under market thus the potential for upside. Please do not disturb tenants. Seller would like to sell 920 Kensington (4-plex) to same buyer. Unit B @ 924 Kensington has a vacant unit that can be shown (Seller is keeping unit open for showings, but he does have a tenant waiting list).

Last Agent to Sell the Property

Israel Fernandez

Israel Fernandez, Broker License #01841914 Listed on: 05/02/2022

Last Buyer's Agent

Sherri Camargo

Majestic Palm Realty License #01324532

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,940

Year Built

  • Built in 1972

Lot Details

  • 7,405 Sq Ft Lot

Interior Spaces

  • 3,183 Sq Ft Home
  • 1-Story Property

Parking

  • Carport
  • 6 Car Parking Spaces

Schools

  • Del Vista Elementary School
  • Cecil Avenue Middle School
  • Cesar Chavez High School

Listing and Financial Details

  • Assessor Parcel Number 03844020

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $32,820
  • Net Operating Income $24,052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,940

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1972
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3183.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 6.00
  • Parking Features: Carport

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Cesar Chavez
  • Middle Or Junior School: Cecil Avenue

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 03844020

Multi Family

  • Total Annual Expense: 8768.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 32820.00
  • Property Net Operating Income: 24052.00

MLS Schools

  • Elementary School: Del Vista

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2007
Sold by
Sikes Richard C and Sikes Linda C
Bought by
Sikes Richard C and Sikes Linda C
Total Days on Market
23
Current Estimated Value
$486,982

Purchase Details

Closed on
Aug 7, 2006
Sold by
Sikes Linda and Jones Family Revocable Living
Bought by
Sikes Richard S and Sikes Linda C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sikes Richard C -- None Available
Sikes Richard S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sikes Richard C $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $450,000 -9.8% $141 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $499,000 -- $157 / 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 $5,940 $477,542 $84,896 $392,646
2024 $5,768 $468,180 $83,232 $384,948
2023 $5,768 $459,000 $81,600 $377,400
2022 $2,037 $125,139 $12,780 $112,359
2021 $1,803 $122,686 $12,530 $110,156
2020 $1,803 $121,429 $12,402 $109,027
2019 $1,707 $121,429 $12,402 $109,027
2018 $1,688 $116,716 $11,921 $104,795
2017 $1,698 $114,429 $11,688 $102,741
2016 $1,674 $112,186 $11,459 $100,727
2015 $1,722 $110,501 $11,287 $99,214
2014 $1,624 $108,337 $11,066 $97,271
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202204579

Bakersfield Association of REALTORS® / GEMLS

APN: 038-440-20-00-1