11005 Four Bears Dr Bakersfield, CA 93312

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5 beds · 2 baths · 2,534 sq ft · Lot Size: 20,909 sq ft · Single Family Home · Brighton
Est. Property Value: $585,909

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11005 Four Bears Dr is in the Brighton neighborhood of Bakersfield, CA. It is located in Kern County and ZIP code 93312. This Single Family Home was built in 1999 and is approximately 26 years old. The single family home spans 2534 sq ft with 5 bedrooms and 2 bathrooms and sits on a 20909 sq ft lot. According to public records, it was last sold in 2017 for $340,000 and has a tax-assessed value of $495,180, which is $231 per sq ft. The Brighton area of Bakersfield has 591 residential homes with an average size of 2546 sq ft. Analyze and compare real estate investment strategies for properties like this home at 11005 Four Bears Dr Bakersfield, CA 93312 with Property Intel by Whitepages.

Owners & Occupancy for 11005 Four Bears Dr

This property is owned by Franz G Arriola. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

Cell Phone(818) ***-****View Cell Phone
Residence***************
Landline(818) 508-6925
Distance from Property**********
Email Address*********@aol.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************
Resident 2*************** age 53
Resident 3************** age 45

Property Financials for 11005 Four Bears Dr

11005 Four Bears Dr, Bakersfield, CA has a mortgage from Michigan Mutual Inc (orig. October 12, 2019). The Kern county assessment for 2023 values it at $495,180, with annual taxes of $4,910.

Mortgage & Equity Information

Loan Amount$******
LenderMichigan Mutual Inc
Origination DateOctober 12, 2019
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateApril 20, 2017
Property Tax Amount$4,910 in 2023
Purchase Price$340,000
Assessed Value$495,180 on 2023

Investment Potential for 11005 Four Bears Dr

The property has a current estimated value of $585,909, which is 4% above the neighborhood median, based on public records. It last sold on April 20, 2017 for $340K. Projected long-term
is $34,800 annually ($2,900 per month) with a 97% occupancy rate.

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Long-Term

Gross Rental
$34,800 per year($2,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
97%in 93312 zip code
 
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Property Details for 11005 Four Bears Dr

Property Details

Property Sq Ft

Living Area

2,534 sq ft

0% above market

Lot Size

20,909 sq ft

109% above market

Price Per Sq Ft

Living Area

$231 / sq ft

2% above market

Lot Size Area

$28 / sq ft

48% below market

Property condition, age, exterior, etc. for 11005 Four…
Longitude: -119.125089 Latitude: 35.368131 Parcel Number (APN): 500-251-06-00-3…

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Discover more single family homes near 11005 Four Bears Dr in Bakersfield, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 11005 Four Bears Dr in Kern County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$585,909
$879,199
-$293,290 (-33%)
$1,019,151
-$389,584 (-38%)
YoY Price Change
Year Built
1999
1981
18 years
Living Space
2,534 sq ft
2,263 sq ft
271 (12%)
$ Per Living Sq Ft
$231
$411
-$180 (-44%)
Lot Size
20,909 sq ft
7,612 sq ft
13297 (175%)
$ Per Lot Sq Ft
$28
$108
-$80 (-74%)

Net Operating Income
$25,953
-$4,968 (-19%)
Annual Revenue
$34,800
$44,400
-$9,600 (-22%)
$19,132
-$5,317 (-28%)
Net Operating Income
$25,953
-$4,968 (-19%)
Cap Rate
3.23%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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