NOT LISTED FOR SALE

1407 Lincoln St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $310,877

6 Beds
3 Baths
2,730 Sq Ft
$114/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $312,500 $114 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,002/month

38 Days on Market

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of November 2022

We are pleased to bring to the market this 3-unit property. The owner has recently replaced the roof. This building has spacious 2 bedroom 1 bath units. The property has a gross annual income of $25,680.00. The current rents are well below market value. Extremely motivated seller!

Last Agent to Sell the Property

Roshawn Helmandi

HG Realty License #02073945 Listed on: 09/11/2022

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1984

Lot Details

  • 5,671 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Rectangular Lot
  • Private Yard

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Standard Electricity
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 9 / 18
  • Assessor Parcel Number 12711016003
  • $1,998 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,134
  • Trash Expense $775
  • Water Sewer Expense $1,864
  • Operating Expense $5,978
  • Gross Income $25,680
  • Net Operating Income $19,701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,162

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 111667
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1864.00
  • Zoning: R-3
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 12711016003
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 114.47
  • Room Type: All Bedrooms Up

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Electric: Standard
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 775.08
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Yard
  • Lot Size Sq Ft: 5671.00
  • Lot Size Acres: 0.1302

Multi Family

  • Average2 Bed Area: 910 Square Feet
  • Gross Income: 25680.00
  • Gross Scheduled Income: 25680.00
  • Insurance Expense: 1134.00
  • Lot Size Area: 5671.0000 Square Feet
  • Net Operating Income: 19701.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5978.45
  • Rent Control: Yes
  • Total Expenses: 5978.45

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 12.01
  • Tax Lot: 9
  • Tax Tract Number: Drury
  • TaxOtherAnnualAssessmentAmount: 1998.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $312,500 -6.7% $114 / Sq Ft
10/10/2022 10/10/22 Price Changed $335,000 -4.3% $123 / Sq Ft
09/25/2022 09/25/22 Price Changed $350,000 -9.1% $128 / Sq Ft
09/11/2022 09/11/22 For Sale $385,000 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2021 $3,162 $97,180 $23,845 $73,335
Source: Public Records

Agents Affiliated with this Home

  • Roshawn Helmandi

    Seller's Agent in 2022

    Roshawn Helmandi

    HG Realty

    (661) 565-4993

    3 in this area

    13 Total Sales

    Roshawn Helmandi
    Section Image

  • N

    Buyer's Agent in 2022

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,851 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22199360

California Regional Multiple Listing Service (CRMLS)

APN: 127-110-16-00-3

California Kern County Bakersfield 93305 East Bakersfield

1407 Lincoln St, Bakersfield, CA

This home is located at 1407 Lincoln St, Bakersfield, CA 93305 since 11 September 2022 and is currently priced at $310,877, approximately $113 per square foot. This property was built in 1984. 1407 Lincoln St is a home located in Kern County with nearby schools including College Heights Elementary School, Compton Junior High School, and East Bakersfield 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes