NOT LISTED FOR SALE

1420 Monterey St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $1,270,048

-- Bed
-- Bath
-- Sq Ft
0.42 Acres

Last Sold October 26, 2012

Last sale price $464,000

Est. 174% increase in value since last sale

Current estimated payment $8,191/month

100 Days on Market

About This Home

As of October 2012

This 16 unit building shows pride of ownership. All of the units are 1 bedroom 1 bath with rents at $425. The roof was recently re-roofed. Laundry room and tons of parking are resident amenities.

Last Agent to Sell the Property

Marc Thurston

ASU Commercial License #1099353 Listed on: 06/18/2012

Last Buyer's Agent

Marc Thurston

ASU Commercial License #1099353 Listed on: 06/18/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.42

Parking

  • Uncovered Parking

Additional Features

  • 2-Story Property
  • 0.42 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 01526016

Community Details

Overview

  • 16 Units

Building Details

  • Gross Income $71,016
  • Net Operating Income $40,685

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1986
  • Building Stories: 2
  • Property Sub Type: 11 Plus
  • Special Features: None
  • Stories: 2

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 18327.00
  • Parcel #: 01526016

Multi Family

  • Total Annual Expense: 31026.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 16
  • Annual Gross Income: 71016.00
  • Property Net Operating Income: 40685.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2012
Sold by
Pearson Dennis Allan and Carl Pearson Family Trust
Bought by
Housing Authority Of The County Of Kern
Current Estimated Value
$1,270,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,350
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2004
Sold by
Hatcher William B and Hatcher Linda D
Bought by
Pearson Lorna and Carl Pearson Family Trust
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
Housing Authority Of The County Of Kern $464,000 Ticor Title Company Of Ca
Pearson Lorna $675,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Housing Authority Of The County Of Kern $200,000
Previous Owner Housing Authority Of The County Of Kern $219,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $464,000 -4.3% --
09/26/2012 09/26/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $485,000 -- --
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 -- -- -- --
2024 -- -- -- --
2023 -- -- -- --
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $764,063 $84,893 $679,170
2019 $0 $764,063 $84,893 $679,170
2018 $0 $764,063 $84,893 $679,170
2017 $0 $764,063 $84,893 $679,170
2016 $0 $480,000 $30,000 $450,000
2015 -- $480,000 $30,000 $450,000
2014 -- $480,000 $30,000 $450,000
Source: Public Records

Agents Affiliated with this Home

  • Marc Thurston

    Seller's Agent in 2012

    Marc Thurston

    ASU Commercial

    (661) 862-5454

    7 in this area

    86 Total Sales

    Marc Thurston
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21206509

Bakersfield Association of REALTORS® / GEMLS

APN: 015-260-16-00-1

California Kern County Bakersfield 93305 East Bakersfield

1420 Monterey St, Bakersfield, CA

This home is located at 1420 Monterey St, Bakersfield, CA 93305 since 18 June 2012 and is currently estimated at $1,270,048. This property was built in 1986. 1420 Monterey St is a home located in Kern County with nearby schools including Williams Elementary School, Walter Stiern Middle 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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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