NOT LISTED FOR SALE

1011 Lake St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $399,549 - $625,000

8 Beds
4 Baths
3,506 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 11, 2013

Last sale price $180,000 $51 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,911/month

88 Days on Market

About This Home

As of September 2013

The perfect 4 plex is here for you!! Great investment, four 2 bedroom 1 bath units, 100% occupied!!

Last Agent to Sell the Property

Jesus Ayala

Unknown Broker License #01242807 Listed on: 05/16/2013

Last Buyer's Agent

Carmen Portugall

Unknown Broker License #01465186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,089

Year Built

  • Built in 1997

Lot Details

  • 4,656 Sq Ft Lot

Interior Spaces

  • 3,506 Sq Ft Home
  • 2-Story Property

Schools

  • Longfellow Elementary School
  • Washington Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 01538003

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $28,800
  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,089

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1997
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3506.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 4656.00
  • Parcel #: 01538003

Multi Family

  • Total Annual Expense: 1200.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 4
  • Annual Gross Income: 28800.00
  • Property Net Operating Income: 27600.00

MLS Schools

  • Elementary School: Longfellow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2014
Sold by
Godinez Edgar
Bought by
Godinez Edgar and Godinez Jose A
Current Estimated Value
$490,887

Purchase Details

Closed on
Sep 22, 2014
Sold by
Hernandez Maria Irma
Bought by
Godinez Jose A

Purchase Details

Listed on
May 16, 2013
Closed on
Aug 15, 2013
Sold by
Lopez Maria Guadalupe
Bought by
Godinez Edgar
Seller's Agent
Jesus Ayala
Unknown Broker
Buyer's Agent
Carmen Portugall
Unknown Broker
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$174,284
Outstanding Balance
$130,246
Interest Rate
4.36%
Mortgage Type
FHA
Estimated Equity
$365,271

Purchase Details

Listed on
May 16, 2013
Closed on
Jul 31, 2013
Sold by
Shanti Holdings
Bought by
Godinez Edgar
Seller's Agent
Jesus Ayala
Unknown Broker
Buyer's Agent
Carmen Portugall
Unknown Broker
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,284
Outstanding Balance
$130,246
Interest Rate
4.36%
Mortgage Type
FHA
Estimated Equity
$365,271

Purchase Details

Closed on
Dec 27, 2011
Sold by
Carrillo Fernando M and Maravilla Lorena
Bought by
Amin Manish

Purchase Details

Closed on
Jul 20, 2004
Sold by
Gill Stacy J
Bought by
Carrillo Fernando M and Maravilla Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.67%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 23, 2002
Sold by
Munoz Pete and Munoz Lillian
Bought by
Gill Stacy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
6.52%
Source: Public Records

Range of Values:

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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
Godinez Edgar -- None Available
Godinez Jose A -- None Available
Godinez Edgar -- Chicago Title Company
Godinez Edgar $180,000 Chicago Title Company
Amin Manish $80,000 Placer Title Company
Carrillo Fernando M $340,000 Stewart Title
Gill Stacy J $117,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godinez Edgar $174,284
Previous Owner Amin Manish $85,000
Previous Owner Carrillo Fernando M $272,000
Previous Owner Gill Stacy J $160,000
Previous Owner Gill Stacy J $93,200
Previous Owner Munoz Pete $84,990
Closed Gill Stacy J $11,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2013 09/11/13 Sold $180,000 -10.0% $51 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $200,000 -- $57 / 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 $3,089 $212,412 $24,272 $188,140
2024 $3,089 $208,248 $23,796 $184,452
2023 $3,010 $204,166 $23,330 $180,836
2022 $3,441 $200,164 $22,873 $177,291
2021 $2,689 $196,240 $22,425 $173,815
2020 $2,595 $194,230 $22,196 $172,034
2019 $2,548 $194,230 $22,196 $172,034
2018 $2,575 $186,690 $21,335 $165,355
2017 $2,567 $183,030 $20,917 $162,113
2016 $2,340 $179,441 $20,507 $158,934
2015 $2,337 $176,747 $20,199 $156,548
2014 $2,345 $180,000 $25,000 $155,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jesus Ayala

    Unknown Broker

    Section Image

  • C

    Buyer's Agent in 2013

    Carmen Portugall

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21304637

Bakersfield Association of REALTORS® / GEMLS

APN: 015-380-27-00-8

California Kern County Bakersfield 93305 East Bakersfield

1011 Lake St, Bakersfield, CA

This home is located at 1011 Lake St, Bakersfield, CA 93305 since 16 May 2013 and is currently estimated at $490,887, approximately $140 per square foot. This property was built in 1997. 1011 Lake St is a home located in Kern County with nearby schools including Longfellow Elementary School, Washington Middle School, and East Bakersfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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