$230,000
SOLD AUG 19, 2025

1509 Penny St Bakersfield, CA 93306

Edison Neighborhood
3 Beds
1 Bath
1,034 Sq Ft
7,840 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

12% Below List Price

35 Days on Market

About This Home

As of August 2025

Calling all investors, renovators and visionaries !! 3 Bedroom 1 Bath home with Detached 1 Bedroom/1 Bath ADU for possible added income. Ready for your creative touch and some elbow grease. The possibilities are endless . Great addition to any Portfolio . Wont last !

Last Agent to Sell the Property

Karla Salazar

Capitol Real Estate Group, Inc License #01764441 Listed on: 06/30/2025

Last Buyer's Agent

Jose Iniguez

LPT Realty, Inc. License #01846815

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1954

Lot Details

  • 7,840 Sq Ft Lot
  • Zoning described as R1

Interior Spaces

  • 1,034 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38809209

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,861

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1954
  • Building Stories: 1
  • Solar Owned Leased: None
  • Deposit Amount Required: 3000.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1800
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 3
  • Living Area: 1034.00

Exterior Features

  • Disclosures: Corp. Owned
  • Pool Features: None

Garage/Parking

  • Parking Features: None

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 7840.00
  • Parcel #: 38809209

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Orangewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2025
Closed on
Aug 6, 2025
Sold by
Sbe Lp
Bought by
Garcia Adolfo Cruz and Garcia Pedro Ivet
Seller's Agent
Karla Salazar
Capitol Real Estate Group, Inc
Buyer's Agent
Jose Iniguez
LPT Realty, Inc.
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%
Original Mortgage
$172,500
Outstanding Balance
$172,349
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$58,363

Purchase Details

Closed on
Dec 9, 2024
Sold by
Milbradt Antonia and Milbradt Michael Alan
Bought by
Sbe Lp

Purchase Details

Closed on
Apr 7, 2023
Sold by
Milbradt Antonia
Bought by
Milbradt Antonia and Milbradt Michael Alan

Purchase Details

Closed on
Jan 22, 2007
Sold by
Kuvelis Gus Peter and Milbradt Antonia
Bought by
Kuvelis Gus Peter and Milbradt Antonia

Purchase Details

Closed on
Apr 15, 1997
Sold by
Kuvelis Gus Pete
Bought by
Kuvelis Gus Peter and Milbradt Antonia

Purchase Details

Closed on
Feb 14, 1997
Sold by
Ambriz Mary
Bought by
Kuvelis Gus Pete and Milbradt Antonia

Purchase Details

Closed on
Oct 15, 1993
Sold by
Kuvelis Gus Peter
Bought by
Kuvelis Gus Peter and Milbradt Antonia
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 Type Sale Price Title Company
Grant Deed $230,000 Chicago Title Company
Grant Deed $135,000 Chicago Title Company
Grant Deed $135,000 Chicago Title Company
Gift Deed -- --
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Gift Deed -- --
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $172,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 Sold $230,000 -2.1% $222 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
07/31/2025 07/31/25 Price Changed $234,900 -4.1% $227 / Sq Ft
07/26/2025 07/26/25 Price Changed $244,900 -2.0% $237 / Sq Ft
07/10/2025 07/10/25 Price Changed $249,900 -3.8% $242 / Sq Ft
06/30/2025 06/30/25 For Sale $259,900 -- $251 / 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 $1,861 $94,548 $29,848 $64,700
2024 $1,861 $92,695 $29,263 $63,432
2023 $1,864 $90,879 $28,690 $62,189
2022 $1,762 $89,098 $28,128 $60,970
2021 $1,672 $87,352 $27,577 $59,775
2020 $1,606 $86,458 $27,295 $59,163
2019 $1,580 $86,458 $27,295 $59,163
2018 $1,542 $83,102 $26,236 $56,866
2017 $1,515 $81,473 $25,722 $55,751
2016 $1,437 $79,000 $20,000 $59,000
2015 $1,187 $57,000 $14,000 $43,000
2014 $1,160 $57,000 $14,000 $43,000
Source: Public Records

Agents Affiliated with this Home

  • Karla Salazar

    Seller's Agent in 2025

    Karla Salazar

    Capitol Real Estate Group, Inc

    (888) 764-8232

    2 in this area

    304 Total Sales

    Karla Salazar
    Section Image

  • J

    Buyer's Agent in 2025

    Jose Iniguez

    LPT Realty, Inc.

    (661) 616-4040

    2 in this area

    47 Total Sales

    Jose Iniguez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202507347

Bakersfield Association of REALTORS® / GEMLS

APN: 388-092-09-00-5

California Kern County Bakersfield 93306 Edison

1509 Penny 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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