NOT LISTED FOR SALE

1301 E Planz Rd Bakersfield, CA 93307

Estimated Value: $394,799 - $416,000

4 Beds
2 Baths
2,091 Sq Ft
$192/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $359,900 $172 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,499/month

41 Days on Market

About This Home

As of January 2024

2 homes on 1 lot!! Amazing opportunity for an investor or first time home buyer! Front house is 4 beds 2 baths & boasting over 1700 sqft. It features an open layout, granite counters, fully updated main suite and 3 large additional bedrooms along with a 2 car garage and collects $1,700 in rent. Back unit is an approved 1 bed 1 bath ADU. It can be rented or delivered vacant for a family who wants to move in. This property is turn key ready. Buy now and start collecting rent right away!

Last Agent to Sell the Property

Garry Singh

Bluehorse Real Estate, Inc. License #01906671 Listed on: 11/02/2023

Last Buyer's Agent

Garry Singh

Bluehorse Real Estate, Inc. License #01906671 Listed on: 11/02/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 7,840 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,091 Sq Ft Home
  • 1-Story Property

Schools

  • Pauly Elementary School
  • Sequoia Middle School
  • Mira Monte High School

Listing and Financial Details

  • Assessor Parcel Number 17209245

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $33,600
  • Net Operating Income $26,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2091.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Mira Monte
  • Middle Or Junior School: Sequoia

Lot Info

  • Lot Size Sq Ft: 7840.00
  • Parcel #: 17209245

Multi Family

  • Total Annual Expense: 7500.00
  • Vacancy Factor: 0.02
  • Number Of Units Total: 2
  • Annual Gross Income: 33600.00
  • Property Net Operating Income: 26100.00

MLS Schools

  • Elementary School: Pauly, Leo G.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 18, 2023
Sold by
Kaur Amandeep and Kaur Gurminder
Bought by
Lucky Jade Capital Llc
Seller's Agent
Garry Singh
Bluehorse Real Estate, Inc.
Buyer's Agent
Garry Singh
Bluehorse Real Estate, Inc.
List Price
$389,900
Sold Price
$359,900
Premium/Discount to List
-$30,000
-7.69%
Views
378
Current Estimated Value
$400,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,050
Avg. Annual Appreciation
5.64%
Original Mortgage
$287,920
Outstanding Balance
$282,878
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$118,072

Purchase Details

Closed on
Apr 6, 2023
Sold by
Singh Gurminder and Singh Amandeep
Bought by
Kaur Amandeep and Singh Gurminder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.5%
Mortgage Type
New Conventional
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
Lucky Jade Capital Llc $360,000 Placer Title
Kaur Amandeep -- Placer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucky Jade Capital Llc $287,920
Previous Owner Kaur Amandeep $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2024 01/10/24 Sold $359,900 -6.5% $172 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/22/2023 11/22/23 Price Changed $384,900 -1.3% $184 / Sq Ft
11/02/2023 11/02/23 For Sale $389,900 -- $186 / 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 $4,790 $367,200 $91,800 $275,400
2024 $4,790 $302,000 $45,900 $256,100
2023 $4,027 $250,000 $45,000 $205,000
2022 $2,386 $115,260 $40,800 $74,460
2021 $2,202 $113,000 $40,000 $73,000
2020 $2,202 $99,000 $25,000 $74,000
2019 $2,036 $126,000 $29,000 $97,000
2018 $4,031 $137,000 $34,000 $103,000
2017 $2,450 $127,000 $32,000 $95,000
2016 $2,028 $137,000 $34,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202311315

Bakersfield Association of REALTORS® / GEMLS

APN: 172-092-45-00-6