$135,000
SOLD FEB 22, 2014

131 Dr Martin Luther King jr Blvd Bakersfield, CA 93307

Lakeview Neighborhood
-- Bed
-- Bath
4,400 Sq Ft
0.37 Acres

Recently Sold

$31 Per Sq Ft

17% Above List Price

133 Days on Market

About This Home

As of June 2025

Must sell. Good income for investors. Property near rail road.

Last Agent to Sell the Property

Yolanda Ponce

Unknown Broker License #01060510 Listed on: 09/12/2013

Last Buyer's Agent

Christy Hynds

Watson Realty License #01931335

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,965

Year Built

  • Built in 1983

Lot Details

  • 0.37 Acre Lot

Interior Spaces

  • 4,400 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Car Parking Spaces
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 01919221

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $21,450
  • Net Operating Income $10,433

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,965

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1983
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4400.00

Exterior Features

  • Disclosures: Short Sale

Garage/Parking

  • Parking: 8.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Other

Lot Info

  • Lot Size Sq Ft: 16286.00
  • Parcel #: 01919221

Multi Family

  • Total Annual Expense: 11017.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 4
  • Annual Gross Income: 21450.00
  • Property Net Operating Income: 10433.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Apr 22, 2025
Sold by
Paul Sylvester and Bryanna Sylvester
Bought by
Munoz Michael
Seller's Agent
Rylan Rozell
Lockhart Real Estate Advisors
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.62%
Original Mortgage
$570,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Gonzalez Andres Camarena and Gonzales Andres Camarena
Bought by
Gonzalez Andres Camarena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
6.23%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $600,000 Ticor Title
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $570,000 New Conventional
Previous Owner $309,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Sold $600,000 -11.1% $136 / Sq Ft
09/18/2024 09/18/24 For Sale $675,000 +53.4% $153 / Sq Ft
05/14/2021 05/14/21 Sold $440,000 0.0% $100 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $440,000 +225.9% $100 / Sq Ft
02/22/2014 02/22/14 Sold $135,000 +16.9% $31 / Sq Ft
01/23/2014 01/23/14 Pending -- -- --
09/12/2013 09/12/13 For Sale $115,500 -- $26 / 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 $7,965 $476,268 $108,242 $368,026
2024 $7,965 $466,930 $106,120 $360,810
2023 $7,785 $457,776 $104,040 $353,736
2022 $7,581 $448,800 $102,000 $346,800
2021 $6,821 $410,000 $75,000 $335,000
2020 $6,734 $410,000 $75,000 $335,000
2019 $3,541 $151,315 $28,019 $123,296
2018 $3,472 $145,441 $26,932 $118,509
2017 $3,441 $142,590 $26,404 $116,186
2016 $3,250 $139,795 $25,887 $113,908
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Rylan Rozell

    Lockhart Real Estate Advisors

    (661) 699-5494

    1 in this area

    30 Total Sales

    Rylan Rozell
    Section Image

  • N

    Buyer's Agent in 2025

    Non-Member Non-Member

    Non-Member Office

  • O

    Seller's Agent in 2021

    Omid Daragahi

    BPM Real Estate

    (818) 571-9338

    4 in this area

    41 Total Sales

    Omid Daragahi
    Section Image
  • Sanjeev Advani

    Buyer's Agent in 2021

    Sanjeev Advani

    Sanjeev Advani, Broker

    (661) 770-7382

    1 in this area

    47 Total Sales

    Sanjeev Advani
    Section Image

  • Y

    Seller's Agent in 2014

    Yolanda Ponce

    Unknown Broker

  • Christy Hynds

    Buyer's Agent in 2014

    Christy Hynds

    Watson Realty

    (661) 808-0353

    52 Total Sales

    Christy Hynds
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21309192

Bakersfield Association of REALTORS® / GEMLS

APN: 019-192-21-00-7

California Kern County Bakersfield 93307 Lakeview

131 Dr Martin Luther King jr Blvd, Bakersfield, CA

This home is located at 131 Dr Martin Luther King jr Blvd, Bakersfield, CA 93307 and is currently priced at $135,000, approximately $30 per square foot. This property was built in 1983. 131 Dr Martin Luther King jr Blvd is a home located in Kern County with nearby schools including Fremont Elementary School, Chipman Junior High School, and Mira Monte 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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