NOT LISTED FOR SALE

1412 Lake St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $455,000 - $533,000

2 Beds
2 Baths
3,264 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $476,500 $146 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,032/month

15 Days on Market

About This Home

As of January 2024

Opportunity for a four-plex in NE Bakersfield. Each unit is 2 bedrooms, 1 bath. Uncovered parking. Close to area amenities.

Last Agent to Sell the Property

Michael Freedman

American Real Estate License #01212171 Listed on: 10/16/2023

Last Buyer's Agent

Michael Freedman

American Real Estate License #01212171 Listed on: 10/16/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,864

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property

Schools

  • Williams Bak Elementary School
  • Stiern Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 01531014

Community Details

Overview

  • 4 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $25,200
  • Net Operating Income $19,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,864

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1978
  • Building Stories: 2
  • Property Sub Type: 4 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 3264.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: East
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 01531014

Multi Family

  • Total Annual Expense: 5775.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 4
  • Annual Gross Income: 25200.00
  • Property Net Operating Income: 19425.00

MLS Schools

  • Elementary School: Williams_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2023
Sold by
Rlsl Group Llc
Bought by
Agarwal Family Llc
Current Estimated Value
$501,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2016
Sold by
Williams Robert S
Bought by
The Rlsl Group Llc

Purchase Details

Closed on
Dec 28, 2010
Sold by
Williams Robert S and The Robert L Williams & Betty
Bought by
Williams Robert S and Robert L Williams Residual Tru

Purchase Details

Closed on
Sep 14, 2004
Sold by
Williams Robert L
Bought by
Williams Robert S and Robert L & Betty J Williams 20
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
Agarwal Family Llc $476,500 Ticor Title
The Rlsl Group Llc $180,000 None Available
The Rlsl Group Llc -- None Available
The Rlsl Group Llc -- None Available
Williams Robert S -- None Available
Williams Robert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agarwal Family Llc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $476,500 0.0% $146 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $476,500 -- $146 / 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 $4,864 $486,030 $102,000 $384,030
2024 $4,737 $203,389 $15,979 $187,410
2023 $4,737 $199,402 $15,666 $183,736
2022 $4,575 $195,493 $15,359 $180,134
2021 $4,206 $191,660 $15,058 $176,602
2020 $4,073 $189,696 $14,904 $174,792
2019 $3,996 $189,696 $14,904 $174,792
2018 $3,915 $182,331 $14,326 $168,005
2017 $3,882 $178,757 $14,046 $164,711
2016 $3,646 $175,253 $13,771 $161,482
2015 $3,608 $172,622 $13,565 $159,057
2014 $3,496 $169,242 $13,300 $155,942
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael Freedman

    American Real Estate

    (661) 497-0000

    10 in this area

    121 Total Sales

    Michael Freedman
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202310945

Bakersfield Association of REALTORS® / GEMLS

APN: 015-310-14-00-9

California Kern County Bakersfield 93305 East Bakersfield

1412 Lake St, Bakersfield, CA

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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