NOT LISTED FOR SALE

Estimated Value: $378,000 - $512,000

7 Beds
3 Baths
2,280 Sq Ft
$193/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2022

Last sale price $398,000 $175 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,874 / mo

24 Days on Market

About This Home

As of September 2022

Newer built 2004 triplex with central A/C, tile flooring and carpeted bedrooms. Each unit has washer/dryer hookups and is situated on a corner lot which provides plenty of off-site parking for tenants. Owner has recently done some remodeling (over $20,000) including all new screen doors, interior doors, some new light fixtures. Rents are low - Unit A is a 3 bed/2 bath and renting for $850. Unit B and C are both 2 beds/1 baths renting for $900 and $775. This property has definite room for increased rents; market rent for Unit A should easily be $1400, and market rents for B and C should easily be $1100. Gated parking. This is the area where City of Bakersfield is expanding its downtown sphere of influence...The cherished Mill Creek river walk is just on the other side of California Ave. The property is also within a couple blocks from Central Business district, Maya Cinemas, Starbucks, Rabobank Arena, community pool, and ice rink recreation facilities. Lots of city development closeby.

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 09/05/2022

Keller Williams Realty

Last Buyer's Agent

Caleb Fisk

ASU Commercial License #02156326

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,280 Sq Ft Home
  • 1-Story Property

Schools

  • Mckinley Elementary School
  • Emerson Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 00914205

Community Details

Overview

  • 3 Units
  • Lowell Addition Subdivision

Building Details

  • Gross Income $29,688
  • Net Operating Income $15,625

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2004
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2280.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Lot Size Sq Ft: 6098.00
  • Parcel #: 00914205

Multi Family

  • Total Annual Expense: 14363.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 3
  • Annual Gross Income: 29688.00
  • Property Net Operating Income: 15625.00

MLS Schools

  • Elementary School: McKinley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Sep 13, 2022
Sold by
Connie Woo Family Trust
Bought by
Fabbian Aaron and Fabbian Bridget M
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Caleb Fisk
ASU Commercial
List Price
$398,000
Sold Price
$398,000
Current Estimated Value
$440,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,794
Avg. Annual Appreciation
2.89%

Purchase Details

Listed on
Feb 14, 2019
Closed on
May 14, 2019
Sold by
Woo Connie
Bought by
Connie Woo Family Trust
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%

Purchase Details

Listed on
Feb 14, 2019
Closed on
Mar 14, 2019
Sold by
Gallo Guadalupe J and Gallo Eleodora
Bought by
Woo Connie
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Philip Jordan
Keller Williams Realty
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Perkins Lois M
Bought by
Gallo Guadalupe J and Gallo Eleadora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.31%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 18, 2003
Sold by
Jeffery Claire
Bought by
Perkins Lois M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Fabbian Aaron $398,000 Ticor Title
Connie Woo Family Trust -- None Available
Woo Connie $275,000 Chicago Title Bakersfield
Gallo Guadalupe J $245,000 Stewart Title
Perkins Lois M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woo Connie $206,250
Previous Owner Gallo Guadalupe J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2022 09/29/22 Sold $398,000 0.0% $175 / Sq Ft
09/05/2022 09/05/22 For Sale $398,000 +44.7% $175 / Sq Ft
04/12/2019 04/12/19 Sold $275,000 0.0% $121 / Sq Ft View Prior Sale
03/13/2019 03/13/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $275,000 -- $121 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $6,631 $414,079 $46,818 $367,261
2024 $6,484 $405,960 $45,900 $360,060
2023 $6,484 $398,000 $45,000 $353,000
2022 $5,122 $289,072 $31,535 $257,537
2021 $4,828 $283,405 $30,917 $252,488
2020 $4,828 $280,500 $30,600 $249,900
2019 $3,909 $223,686 $31,212 $192,474
2018 $3,876 $215,000 $30,000 $185,000
2017 $3,668 $196,000 $25,000 $171,000
2016 $3,457 $196,000 $20,000 $176,000
2015 $3,302 $182,000 $45,000 $137,000
2014 $2,769 $140,000 $30,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202209969

Bakersfield Association of REALTORS® / GEMLS

APN: 009-142-05-00-3

Your Personal Tour Guide

Ask me questions while you tour the home.