NOT LISTED FOR SALE

1311 E 18th St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $210,531 - $295,000

5 Beds
2 Baths
1,719 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $210,000 $122 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,474/month

68 Days on Market

About This Home

As of October 2024

This property features 2 homes on 1 lot. With a 4 bed 2 bath unit in front and a 1 bed 1 bath unit in the back.. This is the perfect opportunity to add to your portfolio or provide enough room for your growing family. with a nearly 8000 sq ft lot, this one is sure to go quick

Last Agent to Sell the Property

Royce Jennings

Watson Realty License #01959264 Listed on: 07/05/2024

Last Buyer's Agent

Royce Jennings

Watson Realty License #01959264 Listed on: 07/05/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property

Schools

  • Owens Elementary School
  • Mira Monte High School

Listing and Financial Details

  • Assessor Parcel Number 01723003

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $22,800
  • Net Operating Income $19,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1922
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1700
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1719.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Other

Utilities

  • Heatcool: Other

Schools

  • High School: Mira Monte

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 7405.00
  • Parcel #: 01723003

Multi Family

  • Total Annual Expense: 3000.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 22800.00
  • Property Net Operating Income: 19800.00

MLS Schools

  • Elementary School: Owens, B. E.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2025
Sold by
Blanco Maria Teresa
Bought by
Virgo Realty Partners Llc
Current Estimated Value
$257,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$306,711
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$49,078

Purchase Details

Closed on
Jun 2, 2025
Sold by
Virgo Realty Partners Llc
Bought by
Blanco Maria Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$306,711
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$49,078

Purchase Details

Listed on
Jul 5, 2024
Closed on
Sep 30, 2024
Sold by
Keys Johnny Mae and Nichols Ricky Vance
Bought by
Virgo Realty Partners Llc
Seller's Agent
Royce Jennings
Watson Realty
Buyer's Agent
Royce Jennings
Watson Realty
List Price
$300,000
Sold Price
$210,000
Premium/Discount to List
-$90,000
-30%
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
17.92%
Original Mortgage
$25,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 5, 2024
Closed on
Sep 25, 2024
Sold by
Nichols Annalea
Bought by
Nichols Clevelle Oliver
Seller's Agent
Royce Jennings
Watson Realty
Buyer's Agent
Royce Jennings
Watson Realty
List Price
$300,000
Sold Price
$210,000
Premium/Discount to List
-$90,000
-30%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.46%
Mortgage Type
Seller Take Back
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
Virgo Realty Partners Llc -- None Listed On Document
Blanco Maria Teresa -- Wfg National Title
Virgo Realty Partners Llc $210,000 Chicago Title
Nichols Mark Steven -- Chicago Title
Nichols Ricky Vance -- Chicago Title
Faye Anthony Linda -- Chicago Title
Nichols Clevelle Oliver -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Maria Teresa $307,500
Previous Owner Virgo Realty Partners Llc $25,000
Previous Owner Virgo Realty Partners Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $210,000 -25.0% $122 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $280,000 -6.7% $163 / Sq Ft
07/15/2024 07/15/24 For Sale $300,000 0.0% $175 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $300,000 -- $175 / 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 $1,492 $210,000 $50,000 $160,000
2024 $1,492 $41,257 $6,275 $34,982
2023 $1,446 $40,449 $6,152 $34,297
2022 $1,387 $39,657 $6,032 $33,625
2021 $1,235 $38,880 $5,914 $32,966
2020 $1,179 $38,483 $5,854 $32,629
2019 $1,160 $38,483 $5,854 $32,629
2018 $1,142 $36,993 $5,628 $31,365
2017 $1,133 $36,269 $5,518 $30,751
2016 $1,084 $35,559 $5,410 $30,149
Source: Public Records

Agents Affiliated with this Home

  • Royce Jennings

    Seller's Agent in 2024

    Royce Jennings

    Watson Realty

    (661) 444-6232

    4 in this area

    108 Total Sales

    Royce Jennings
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202406617

Bakersfield Association of REALTORS® / GEMLS

APN: 017-230-03-00-8

California Kern County Bakersfield 93305 East Bakersfield

1311 E 18th St, 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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