NOT LISTED FOR SALE

1221 El Tejon Ave Bakersfield, CA 93308

Estimated Value: $178,000 - $223,252

2 Beds
1 Bath
840 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $115,000 $137 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,276/month

About This Home

As of November 2018

**DRIVE BY only--DO NOT disturb tenants.** Voila!! Instant rental portfolio! Amazing opportunity for the savvy investor. All are tenant occupied--please do not disturb.

Last Agent to Sell the Property

Debra McTaggart

Epique Realty License #01930648 Listed on: 10/01/2018

Epique Realty

Last Buyer's Agent

Maria Mendoza

Riverlakes Brokers Referral License #01446090

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 6,067 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11114311

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1947
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1393
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 840.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above
  • Pool Features: None

Garage/Parking

  • Parking Features: 1 Car Garage

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

  • High School: North
  • Middle Or Junior School: Beardsley

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 6067.00
  • Parcel #: 11114311

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Oct 8, 2018
Sold by
Oildale Heights Llc
Bought by
Cuevas Juan Carlos
Seller's Agent
Debra McTaggart
Epique Realty
Buyer's Agent
Maria Mendoza
Riverlakes Brokers Referral
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$205,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,813
Avg. Annual Appreciation
8.36%
Original Mortgage
$92,000
Outstanding Balance
$80,400
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$125,413

Purchase Details

Closed on
Mar 22, 2017
Sold by
Higher Grounds Solutions Inc
Bought by
Oildale Heights Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,746,900
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 28, 2016
Closed on
May 20, 2016
Sold by
Putnam Watson Erin Kay and Putnam Erin Kay
Bought by
Higher Grounds Solutions Inc
Seller's Agent
Ryan Joyce
Blox Real Estate
Buyer's Agent
Debra McTaggart
Epique Realty
List Price
$68,000
Sold Price
$63,000
Premium/Discount to List
-$5,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%

Purchase Details

Closed on
Mar 24, 2003
Sold by
Nicholson Geoffrey E and Nicholson Mary C
Bought by
Putnam Erin Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.72%
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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Purchase History

Date Buyer Sale Price Title Company
Cuevas Juan Carlos $115,000 Chicago Title Bakersfield
Oildale Heights Llc -- Ticor Title Company
Higher Grounds Solutions Inc $63,000 Ticor Title Company
Putnam Erin Kay $50,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuevas Juan Carlos $92,000
Previous Owner Oildale Heights Llc $1,746,900
Previous Owner Putnam Erin Kay $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2018 11/01/18 Sold $115,000 0.0% $137 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $115,000 +82.5% $137 / Sq Ft
06/03/2016 06/03/16 Sold $63,000 -7.4% $75 / Sq Ft View Prior Sale
05/04/2016 05/04/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $68,000 -- $81 / 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 $2,478 $128,280 $33,464 $94,816
2024 $2,414 $125,765 $32,808 $92,957
2023 $2,414 $123,300 $32,165 $91,135
2022 $2,322 $120,884 $31,535 $89,349
2021 $2,230 $118,515 $30,917 $87,598
2020 $2,154 $117,300 $30,600 $86,700
2019 $2,134 $117,300 $30,600 $86,700
2018 $1,489 $65,545 $20,808 $44,737
2017 $1,459 $64,260 $20,400 $43,860
2016 $1,285 $61,158 $19,567 $41,591
2015 $1,256 $60,241 $19,274 $40,967
2014 $1,228 $59,062 $18,897 $40,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21811915

Bakersfield Association of REALTORS® / GEMLS

APN: 111-143-11-00-3