NOT LISTED FOR SALE

Estimated Value: $283,000 - $348,000

2 Beds
2 Baths
1,590 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $142,000 $89 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,900/month

41 Days on Market

About This Home

As of December 2015

Great duplex fully rented and ready for a new owner. The property is currently professionally managed and has great residents paying $695 and $725 respectfully. Each unit is spacious with 2 bedrooms and 2 bathrooms. Great value with a newer building.

Last Agent to Sell the Property

Seth Johnson

Seth Johnson, Broker License #01469072 Listed on: 10/20/2015

Last Buyer's Agent

Miguel Murillo

Unknown Broker License #01154240

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 7,506 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property

Schools

  • Jefferson Bak Elementary School
  • Washington Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 12736019

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $17,040
  • Net Operating Income $9,840

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1999
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1590.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size Sq Ft: 7506.00
  • Parcel #: 12736019

Multi Family

  • Total Annual Expense: 7200.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 17040.00
  • Property Net Operating Income: 9840.00

MLS Schools

  • Elementary School: Jefferson_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2015
Sold by
Vision Acquisitions Llc
Bought by
Leal Raymundo
Current Estimated Value
$302,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,428
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2010
Sold by
Goldberg Properties Inc
Bought by
Vision Acquisitions Llc

Purchase Details

Closed on
Oct 19, 2009
Sold by
Soto Luis
Bought by
Goldberg Properties Inc

Purchase Details

Closed on
Oct 8, 2009
Sold by
Soto Luis and Espinoza Veronica
Bought by
First Fidelity Trust

Purchase Details

Closed on
Apr 5, 2007
Sold by
Soto Luis
Bought by
Soto Luis and Espinoza Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2000
Sold by
Embrey Curtis C and Embrey Julene
Bought by
Soto Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,313
Interest Rate
7.41%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 1997
Sold by
Candelaria Alvina and Candelaria Joseph
Bought by
Embrey Curtis C and Embrey Julene
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leal Raymundo $142,000 Chicago Title Company
Vision Acquisitions Llc -- None Available
Goldberg Properties Inc -- None Available
First Fidelity Trust -- None Available
Soto Luis -- Old Republic Title
Soto Luis -- Old Republic Title
Soto Luis $76,000 Stewart Title
Embrey Curtis C $5,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leal Raymundo $139,428
Previous Owner Soto Luis $133,000
Previous Owner Soto Luis $75,313
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $142,000 +3.0% $89 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $137,900 -- $87 / 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 $3,791 $168,091 $35,511 $132,580
2024 $3,670 $164,796 $34,815 $129,981
2023 $3,670 $161,566 $34,133 $127,433
2022 $3,448 $158,399 $33,464 $124,935
2021 $3,259 $155,294 $32,808 $122,486
2020 $3,185 $153,703 $32,472 $121,231
2019 $3,075 $153,703 $32,472 $121,231
2018 $2,995 $147,736 $31,212 $116,524
2017 $2,960 $144,840 $30,600 $114,240
2016 $2,555 $142,000 $30,000 $112,000
2015 $1,747 $68,734 $21,479 $47,255
2014 $1,704 $67,389 $21,059 $46,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21512627

Bakersfield Association of REALTORS® / GEMLS

APN: 127-360-19-00-5