NOT LISTED FOR SALE

1315 Reddick Ln Bakersfield, CA 93312

Greenacres Neighborhood

Estimated Value: $857,718 - $985,000

8 Beds
4 Baths
3,136 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 20, 2024

Last sale price $850,000 $271 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,830/month

34 Days on Market

Highlights

  • Central Heating and Cooling System
  • American Elementary School Rated A-
  • 1-Story Property

About This Home

As of August 2024

1315 Reddick Lane- Rare opportunity, this Northwest Bakersfield fourplex will not last long! Priced at $829,000. Built in 2002 this property is close to restaurants, shopping, freeway access and excellent schools. All units are 2 bedrooms. 1 bath with laundry hookups, 1 car garage and plenty of additional parking. Fully occupied, extremely low vacancy, ideal 1031 Tax deferred exchange property. With a gross scheduled income of $66,480 annually, this investment property offers excellent continuing rental income with room for growth. NO HOA FEES! Location, location, location.

Last Agent to Sell the Property

Adriana aguirre

Open Door Real Estate License #01937258 Listed on: 06/15/2024

Last Buyer's Agent

Laurie McCarty

Coldwell Banker Preferred,RLT License #1090506

Coldwell Banker Preferred,RLT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,621

Year Built

  • Built in 2003

Lot Details

  • 0.25

Interior Spaces

  • 3,136 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Garage
  • Uncovered Parking

Schools

  • American Elementary School
  • Rosedale Middle School
  • Liberty High School

Additional Features

  • 0.25 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 11041203

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $66,480
  • Net Operating Income $58,095

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,621

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2003
  • Building Stories: 1
  • Deposit Amount Required: 10000.00
  • Property Sub Type: 4 Units
  • Lot Size Acres: 0.2500
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3136.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Number Of Garages: 4
  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Liberty
  • Middle Or Junior School: Rosedale

Lot Info

  • Zoning Description: R-2
  • Lot Size Sq Ft: 10890.00
  • Parcel #: 11041203

Multi Family

  • Total Annual Expense: 8385.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 4
  • Existing Lease Type: Net
  • Annual Gross Income: 66480.00
  • Property Net Operating Income: 58095.00

MLS Schools

  • Elementary School: American

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 30, 2024
Sold by
Jesse W Morton Family Trust and Morton Jesse W
Bought by
Santana Jessica M
Seller's Agent
Adriana aguirre
Open Door Real Estate
Buyer's Agent
Laurie McCarty
Coldwell Banker Preferred,RLT
List Price
$860,000
Sold Price
$850,000
Premium/Discount to List
-$10,000
-1.16%
Views
50
Current Estimated Value
$893,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,680
Avg. Annual Appreciation
5.60%
Original Mortgage
$630,000
Outstanding Balance
$624,094
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$269,586

Purchase Details

Closed on
Jul 31, 2017
Sold by
Morton Jesse W
Bought by
Morton Jesse W and Jesse W Morton Family Trust

Purchase Details

Closed on
Jan 23, 2007
Sold by
Morton Kazumi
Bought by
Morton Jesse W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2005
Sold by
Keegan Scott and Keegan Russell
Bought by
Kazimi Morton Jesse W and Kazimi Morton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,960
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Parkside 88 Corp
Bought by
Keegan Scott and Keegan Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Santana Jessica M $850,000 Chicago Title Company
Morton Jesse W -- None Available
Morton Jesse W -- Chicago Title
Kazimi Morton Jesse W $575,000 Stewart Title
Keegan Scott $405,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santana Jessica M $630,000
Previous Owner Morton Jesse W $487,000
Previous Owner Kazimi Morton Jesse W $414,960
Previous Owner Keegan Scott $303,750
Previous Owner Parkside 88 Corp $278,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $850,000 +2.5% $271 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $829,000 -3.6% $264 / Sq Ft
06/15/2024 06/15/24 For Sale $860,000 -- $274 / 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 $10,621 $850,000 $150,000 $700,000
2024 $10,621 $721,000 $125,000 $596,000
2023 $10,533 $721,000 $125,000 $596,000
2022 $10,303 $706,000 $125,000 $581,000
2021 $9,449 $627,000 $125,000 $502,000
2020 $9,087 $612,000 $122,000 $490,000
2019 $8,722 $580,000 $116,000 $464,000
2018 $5,962 $339,000 $68,000 $271,000
2017 $7,435 $470,000 $94,000 $376,000
2016 $7,043 $460,000 $92,000 $368,000
2015 $5,785 $345,000 $52,000 $293,000
2014 $6,072 $376,500 $70,000 $306,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Adriana aguirre

    Open Door Real Estate

    (661) 578-8380

    2 in this area

    55 Total Sales

    Adriana aguirre
    Section Image
  • Laurie McCarty

    Buyer's Agent in 2024

    Laurie McCarty

    Coldwell Banker Preferred,RLT

    (661) 331-0598

    4 in this area

    787 Total Sales

    Laurie McCarty
    Section Image

  • C

    Buyer Co-Listing Agent in 2024

    Connor McCarty

    Coldwell Banker Preferred,RLT

    2 Total Sales

    Connor McCarty
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202405924

Bakersfield Association of REALTORS® / GEMLS

APN: 110-412-03-00-4

California Kern County Bakersfield 93312 Greenacres

1315 Reddick Ln, Bakersfield, CA

This home is located at 1315 Reddick Ln, Bakersfield, CA 93312 since 15 June 2024 and is currently estimated at $893,680, approximately $284 per square foot. This property was built in 2003. 1315 Reddick Ln is a home located in Kern County with nearby schools including American Elementary School, Rosedale Middle School, and Liberty 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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