NOT LISTED FOR SALE

Estimated Value: $313,924 - $376,000

2 Beds
2 Baths
1,290 Sq Ft
$274/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $350,000 $271 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,216/month

9 Days on Market

About This Home

As of July 2024

Charming duplex in the Oleander Area! Both remodeled units feature 2 bedrooms, 1 bath, a fresh kitchen with white cabinets. These units have updated mosaic tile floors, and stylish showers. Major improvements include a newer roof, dual-pane windows, updated flooring, electrical, plumbing, exterior stucco, insulation, fresh concrete, and a new fence. Both units are occupied with long-term tenants, paying strong rents.

Last Agent to Sell the Property

Jason Rodriguez

LPT Realty, Inc. License #01825023 Listed on: 06/14/2024

LPT Realty, Inc.

Last Buyer's Agent

Daniel Markendorf

Markendorf and Associates License #01501434

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,371

Year Built

  • Built in 1920

Lot Details

  • 6,098

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property

Schools

  • Penn Elementary School
  • Emerson Middle School
  • Bakersfield High School

Additional Features

  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00707102

Community Details

Overview

  • 2 Units
  • West Park Subdivision

Building Details

  • Gross Income $26,640
  • Net Operating Income $25,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,371

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1920
  • Building Stories: 1
  • Deposit Amount Required: 3500.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1400
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1290.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Emerson

Lot Info

  • Zoning Description: R-3
  • Lot Size Sq Ft: 6098.00
  • Parcel #: 00707102

Multi Family

  • Total Annual Expense: 1500.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 26640.00
  • Property Net Operating Income: 25140.00

MLS Schools

  • Elementary School: Penn, William

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 11, 2024
Sold by
Sunstone Solutions Unlimited Llc
Bought by
Lonigro Dominic and Lonigro Fransiska E
Seller's Agent
Jason Rodriguez
LPT Realty, Inc.
Buyer's Agent
Daniel Markendorf
Markendorf and Associates
List Price
$345,000
Sold Price
$350,000
Premium/Discount to List
$5,000
1.45%
Views
28
Current Estimated Value
$353,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,731
Avg. Annual Appreciation
0.83%
Original Mortgage
$262,500
Outstanding Balance
$259,389
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$94,342

Purchase Details

Closed on
Jan 23, 2024
Sold by
Grant Tabitha
Bought by
Sunstone Solutions Unlimited Llc

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jul 22, 2020
Sold by
Lamar Treviri
Bought by
Grant Tubitha
Seller's Agent
Victor Vazquez
LPT Realty, Inc.
Buyer's Agent
Jason Rodriguez
LPT Realty, Inc.
List Price
$260,000
Sold Price
$251,000
Premium/Discount to List
-$9,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$188,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 30, 2020
Sold by
Point Mortgage Corporation Llc
Bought by
Grant Tabitha
Seller's Agent
Victor Vazquez
LPT Realty, Inc.
Buyer's Agent
Jason Rodriguez
LPT Realty, Inc.
List Price
$260,000
Sold Price
$251,000
Premium/Discount to List
-$9,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,250
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2019
Closed on
Sep 17, 2019
Sold by
Coulston Erla J
Bought by
Premier International Investments Llc
Seller's Agent
Stacy Harrison
Miramar International Calloway
Buyer's Agent
Rebecca Guardado
LPT Realty, Inc.
List Price
$150,000
Sold Price
$83,000
Premium/Discount to List
-$67,000
-44.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
273.37%

Purchase Details

Closed on
Aug 2, 2006
Sold by
Coulston John
Bought by
Coulston Erla J
Source: Public Records

Range of Values:

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Average Value
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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
Lonigro Dominic $350,000 Placer Title
Sunstone Solutions Unlimited Llc -- None Listed On Document
Grant Tubitha -- Placer Title Er
Grant Tabitha $251,000 Placer Title Er
Premier International Investments Llc $83,000 Placer Title Er
Coulston Erla J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lonigro Dominic $262,500
Previous Owner Grant Tabitha $188,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $350,000 +1.4% $271 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $345,000 +37.5% $267 / Sq Ft
07/24/2020 07/24/20 Sold $251,000 -3.5% $195 / Sq Ft View Prior Sale
06/24/2020 06/24/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $260,000 +213.3% $202 / Sq Ft
09/20/2019 09/20/19 Sold $83,000 -44.7% $64 / Sq Ft View Prior Sale
08/21/2019 08/21/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $150,000 -- $116 / 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 $4,371 $350,000 $65,000 $285,000
2024 $4,274 $266,362 $42,448 $223,914
2023 $4,274 $261,140 $41,616 $219,524
2022 $4,167 $256,020 $40,800 $215,220
2021 $3,963 $251,000 $40,000 $211,000
2020 $2,399 $83,000 $40,000 $43,000
2019 $1,927 $88,746 $31,690 $57,056
2018 $1,888 $85,302 $30,460 $54,842
2017 $1,872 $83,630 $29,863 $53,767
2016 $2,151 $81,991 $29,278 $52,713
2015 $1,742 $80,761 $28,839 $51,922
2014 $1,474 $60,000 $20,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202405852

Bakersfield Association of REALTORS® / GEMLS

APN: 007-071-02-00-3