NOT LISTED FOR SALE

1114 Mount Vernon Ave Bakersfield, CA 93306

East Bakersfield Neighborhood

Estimated Value: $393,000 - $463,000

3 Beds
1 Bath
2,604 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $349,900 $134 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,891/month

27 Days on Market

About This Home

As of June 2023

Attention Investors! New fourplex to market. Bread-and-Butter cash flow units perfect for the long-term portfolio. All units aer one bedroom, one bath with indoor laundry, spacious kitchen with dining nook and gated private yards. Long term tenants in place. Located within walking distance to schools, parks, shopping and dining. EASY to lease - take advantage of this increasing rent environment. Hurry, this won't last.

Last Agent to Sell the Property

Dan Shanyfelt

Miramar International License #01388129 Listed on: 06/02/2023

Co-Listed By

Tara Alvarez

Miramar Realty License #01274779

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 2,604 Sq Ft Home
  • 1-Story Property

Schools

  • Mann Elementary School
  • Stiern Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 13823013

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $19,500
  • Net Operating Income $16,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1948
  • Building Stories: 1
  • Property Sub Type: 4 Units
  • Co List Office Mls Id: 10642
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2604.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater,Other

Schools

  • High School: East
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 9583.00
  • Parcel #: 13823013

Multi Family

  • Total Annual Expense: 3000.00
  • Vacancy Factor: 25.00
  • Number Of Units Total: 4
  • Annual Gross Income: 19500.00
  • Property Net Operating Income: 16500.00

MLS Schools

  • Elementary School: Mann, Horace

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Rubalcava Luis and Ruvalcaba Ana
Bought by
Rubalcava Luis and Ruvalcaba Ana
Current Estimated Value
$427,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,057
Outstanding Balance
$336,828
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$80,839

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jun 16, 2023
Sold by
Zilco Llc
Bought by
Ruvalcaba Luis and Ruvalcaba Ana
Seller's Agent
Dan Shanyfelt
Miramar International
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$349,900
Sold Price
$349,900
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Rubalcava Luis -- Fidelity National Title
Ruvalcaba Luis $350,000 All California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rubalcava Luis $341,057
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $349,900 0.0% $134 / Sq Ft
06/02/2023 06/02/23 For Sale $349,900 -- $134 / 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 $7,889 $364,140 $104,040 $260,100
2024 $7,889 $357,000 $102,000 $255,000
2023 $4,296 $66,390 $24,140 $42,250
2022 $3,893 $65,089 $23,667 $41,422
2021 $3,545 $63,813 $23,203 $40,610
2020 $3,400 $63,160 $22,966 $40,194
2019 $3,243 $63,160 $22,966 $40,194
2018 $3,154 $60,709 $22,075 $38,634
2017 $3,093 $59,520 $21,643 $37,877
2016 $2,569 $58,354 $21,219 $37,135
2015 $2,568 $57,479 $20,901 $36,578
2014 $2,518 $56,354 $20,492 $35,862
Source: Public Records

Agents Affiliated with this Home

  • Dan Shanyfelt

    Seller's Agent in 2023

    Dan Shanyfelt

    Miramar International

    (661) 588-1989

    2 in this area

    234 Total Sales

    Dan Shanyfelt
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Tara Alvarez

    Miramar Realty

    (661) 282-8980

    8 in this area

    82 Total Sales

    Tara Alvarez
    Section Image

  • N

    Buyer's Agent in 2023

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202304470

Bakersfield Association of REALTORS® / GEMLS

APN: 138-230-13-00-9

California Kern County Bakersfield 93305 East Bakersfield

1114 Mount Vernon Ave, Bakersfield, CA

Not Listed for Sale

MultiFamily

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

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