NOT LISTED FOR SALE

1508 Carmel St Bakersfield, CA 93306

Edison Neighborhood

Estimated Value: $236,000 - $306,000

3 Beds
1 Bath
1,265 Sq Ft
$219/Sq Ft Est. Value

Last Sold March 05, 2012

Last sale price $37,000 $29 Per Sq Ft

Est. 625% increase in value since last sale

Current estimated payment $1,616/month

24 Days on Market

About This Home

As of March 2012

Great opportunity for an investor. Home needs some TLC but has been reflected in the price.

Last Agent to Sell the Property

Seth Johnson

Seth Johnson, Broker License #01469072 Listed on: 01/10/2012

Last Buyer's Agent

Seth Johnson

Seth Johnson, Broker License #01469072 Listed on: 01/10/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,765

Year Built

  • Built in 1954

Lot Details

  • 6,947 Sq Ft Lot
  • Zoning described as R1

Home Design

  • Composition Roof

Interior Spaces

  • 1,265 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Orangewood Elementary School
  • Edison Middle School
  • Foothill High School

Listing and Financial Details

  • Assessor Parcel Number 38812303

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,765

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1954
  • Building Stories: 1
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1595
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 3
  • Living Area: 1265.00

Exterior Features

  • Roof: Composition
  • Disclosures: REO
  • Pool Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Heatcool: Other

Schools

  • High School: Foothill
  • Middle Or Junior School: Edison

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 6947.00
  • Parcel #: 38812303

MLS Schools

  • Elementary School: Orangewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Apr 24, 2012
Sold by
Otto Ventures Llc
Bought by
Chavez Adrian
Seller's Agent
Seth Johnson
Seth Johnson, Broker
Buyer's Agent
Seth Johnson
Seth Johnson, Broker
List Price
$45,900
Sold Price
$37,000
Premium/Discount to List
-$8,900
-19.39%
Current Estimated Value
$268,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,278
Avg. Annual Appreciation
15.53%
Original Mortgage
$71,149
Outstanding Balance
$50,776
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$207,224

Purchase Details

Listed on
Jan 10, 2012
Closed on
Feb 23, 2012
Sold by
California Housing Finance Agency
Bought by
Otto Ventures Llc
Seller's Agent
Seth Johnson
Seth Johnson, Broker
Buyer's Agent
Seth Johnson
Seth Johnson, Broker
List Price
$45,900
Sold Price
$37,000
Premium/Discount to List
-$8,900
-19.39%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Garcia Ruth L
Bought by
California Housing Finance Agency

Purchase Details

Closed on
Nov 19, 2004
Sold by
Foundation Iv Llc
Bought by
Garcia Ruth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2004
Sold by
Finley Donna
Bought by
Carmel Street 1508 Trust and Foundation Iv Llc

Purchase Details

Closed on
Apr 14, 1999
Sold by
Vejarano David P and Vejarano Amy G
Bought by
Finley Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,845
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Chavez Adrian $73,000 Chicago Title Company
Otto Ventures Llc $37,000 Chicago Title Company
California Housing Finance Agency $135,476 Landsafe Title
Garcia Ruth L $142,500 Stewart Title
Foundation Iv Llc -- Stewart Title
Carmel Street 1508 Trust $95,200 --
Finley Donna $68,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Adrian $71,149
Previous Owner Garcia Ruth L $141,600
Previous Owner Finley Donna $67,845
Previous Owner Vejarano David P $58,650
Closed Finley Donna $3,397
Closed Garcia Ruth L $4,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2012 03/05/12 Sold $37,000 -19.4% $29 / Sq Ft
02/04/2012 02/04/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $45,900 -- $36 / 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 $1,765 $91,680 $12,555 $79,125
2024 $1,765 $89,883 $12,309 $77,574
2023 $1,766 $88,121 $12,068 $76,053
2022 $1,666 $86,394 $11,832 $74,562
2021 $1,577 $84,700 $11,600 $73,100
2020 $1,518 $83,833 $11,482 $72,351
2019 $1,494 $83,833 $11,482 $72,351
2018 $1,458 $80,580 $11,037 $69,543
2017 $1,432 $79,001 $10,821 $68,180
2016 $1,366 $77,453 $10,609 $66,844
2015 $1,356 $76,290 $10,450 $65,840
2014 $1,331 $74,797 $10,246 $64,551
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Seth Johnson

    Seth Johnson, Broker

    4 Total Sales

    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21200337

Bakersfield Association of REALTORS® / GEMLS

APN: 388-123-03-00-2

California Kern County Bakersfield 93306 Edison

1508 Carmel St, Bakersfield, CA

This home is located at 1508 Carmel St, Bakersfield, CA 93306 since 10 January 2012 and is currently estimated at $276,772, approximately $218 per square foot. This property was built in 1954. 1508 Carmel St is a home located in Kern County with nearby schools including Orangewood Elementary School, Edison Middle School, and Foothill 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.

Nearby Homes