NOT LISTED FOR SALE

1002 Palm Ave Wasco, CA 93280

Estimated Value: $269,000 - $338,051

3 Beds
2 Baths
1,264 Sq Ft
$230/Sq Ft Est. Value

Last Sold January 13, 2025

Last sale price $280,000 $222 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,577/month

40 Days on Market

About This Home

As of January 2025

Newly listed HUD owned home on the market in Wasco!! This home features endless opportunities and is like a blank canvas. Features include 3 bedrooms, 2 bathrooms, and per recent appraisal the home is 1,763 Sq Ft. The garage has been converted into living space giving plenty of space. The home is well positioned on a corner lot with alley access. Backyard has a large covered patio making it ideal for BBQ's and entertaining. Additional features include mature landscaping that will provide shade on those hot summer days. Located near schools and commercial services. FHA Case # 045-643995. FHA Insured with escrow repair, also Eligible for FHA 203K. LBP Disclosure. Take a virtual tour at

Last Agent to Sell the Property

Tim McCrary

Stockdale Real Estate Group License #01428355 Listed on: 09/26/2024

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 9,147 Sq Ft Lot
  • Zoning described as Per Kern Data;Use Code0101 - SGL FAM RES ON R1 ZONED LAND

Parking

  • Carport

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Palm Avenue Elementary School
  • Jefferson Middle School
  • Wasco High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 02942328

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type 2: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1962
  • Building Stories: 1
  • Solar Owned Leased: None
  • Deposit Amount Required: 2000.00
  • Property Sub Type: HUD
  • Lot Size Acres: 0.2100
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 3
  • Living Area: 1264.00

Exterior Features

  • Disclosures: HUD
  • Pool Features: None

Garage/Parking

  • Parking Features: None, Carport

Utilities

  • Heatcool: Central AC, Central Heat

Association/Amenities

  • Site Amenities: Alley

Schools

  • High School: Wasco
  • Middle Or Junior School: Jefferson, T.

Lot Info

  • Zoning Description: Per Kern Data;Use Code0101 - SGL FAM RES ON R1 ZONED LAND
  • Lot Size Sq Ft: 9147.00
  • Parcel #: 02942328

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Palm Avenue

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Dec 10, 2024
Sold by
Secretary Of Housing And Urban Developme
Bought by
Torres Ruben Rangel and Rangel Diana Ibarra
Seller's Agent
Tim McCrary
Stockdale Real Estate Group
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$280,000
Sold Price
$280,000
Views
56
Current Estimated Value
$291,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,263
Avg. Annual Appreciation
3.94%
Original Mortgage
$266,000
Outstanding Balance
$263,438
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$27,825

Purchase Details

Closed on
Nov 15, 2023
Sold by
Barbara Lucas Family Trust and Lucas Dale Edwin
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Dec 27, 2002
Sold by
Lucas Barbara J
Bought by
Lucas Barbara J and Barbara Lucas Family Trust

Purchase Details

Closed on
Nov 25, 2002
Sold by
Lucas Kristi
Bought by
Lucas Barbara J

Purchase Details

Closed on
Sep 10, 1997
Sold by
Lucas Barbara J
Bought by
Lucas Barbara J and Lucas Dale E
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
Torres Ruben Rangel $280,000 First American Title
Torres Ruben Rangel $280,000 First American Title
Secretary Of Housing And Urban Development $146,495 Servicelink
Lucas Barbara J -- --
Lucas Barbara J -- --
Lucas Barbara J -- --
Lucas Barbara J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Ruben Rangel $266,000
Closed Torres Ruben Rangel $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2025 01/13/25 Sold $280,000 0.0% $222 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $280,000 -- $222 / 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 $823 $361,000 $80,000 $281,000
2024 $798 $54,593 $8,444 $46,149
2023 $798 $53,524 $8,279 $45,245
2022 $745 $52,475 $8,117 $44,358
2021 $703 $51,447 $7,958 $43,489
2020 $649 $50,921 $7,877 $43,044
2019 $644 $50,921 $7,877 $43,044
2018 $643 $48,945 $7,572 $41,373
2017 $626 $47,986 $7,424 $40,562
2016 $578 $47,046 $7,279 $39,767
2015 $554 $46,340 $7,170 $39,170
2014 $534 $45,433 $7,030 $38,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202409913

Bakersfield Association of REALTORS® / GEMLS

APN: 029-423-28-00-4