NOT LISTED FOR SALE

1515 Palm Dr Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $226,000 - $292,003

3 Beds
1 Bath
1,207 Sq Ft
$209/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2022

Last sale price $190,000 $157 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,686 / mo

332 Days on Market

Highlights

  • 15,366 Sq Ft lot
  • Evaporated cooling system
  • 1-Story Property

About This Home

As of June 2022

Two houses on a single lot with alley accesses. Front unit 3bd/1bth and Back unit is 1bd/1bth.Both properties have a separate gas and electrical meter. Both homes have their own driveway/parking area on a large lot with room to expand! Rents are below market rate so there is room for greater cash flow.CASH OR HARD MONEY LOAN ONLY

Last Agent to Sell the Property

Maria Flores

My Realty License #01801050 Listed on: 07/01/2021

Last Buyer's Agent

Maria Flores

My Realty License #01801050 Listed on: 07/01/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 0.35

Home Design

  • Duplex

Interior Spaces

  • 1,207 Sq Ft Home
  • 1-Story Property

Schools

  • Downtown Elementary School
  • East High School

Additional Features

  • 15,366 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 13802207

Community Details

Overview

  • 2 Units
  • Pacific Improv Cos S Subdivision

Building Details

  • Gross Income $15,600
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0.35 Acres

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1929
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1207.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heatcool: Evaporative

Schools

  • High School: East

Lot Info

  • Lot Size Sq Ft: 15366.00
  • Parcel #: 13802207

Multi Family

  • Total Annual Expense: 5000.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Annual Gross Income: 15600.00
  • Property Net Operating Income: 10000.00

MLS Schools

  • Elementary School: Downtown

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Jun 13, 2022
Sold by
Bought by
Seller's Agent
Maria Flores
My Realty
Buyer's Agent
Maria Flores
My Realty
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$252,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,251
Avg. Annual Appreciation
7.48%
Original Mortgage
$142,500
Outstanding Balance
$135,432
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$116,819

Purchase Details

Listed on
Jul 1, 2021
Closed on
May 17, 2022
Sold by
Bought by
Seller's Agent
Maria Flores
My Realty
Buyer's Agent
Maria Flores
My Realty
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$135,432
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$116,819
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Placer Title
$190,000 Placer Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $142,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2022 06/28/22 Sold $190,000 -5.0% $157 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
07/01/2021 07/01/21 For Sale $200,000 +46.0% $166 / Sq Ft
01/30/2017 01/30/17 Sold $137,000 -2.1% $114 / Sq Ft View Prior Sale
12/31/2016 12/31/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $140,000 -- $116 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,178 $201,629 $63,672 $137,957
2024 $4,051 $197,676 $62,424 $135,252
2023 $4,051 $193,800 $61,200 $132,600
2022 $3,385 $153,107 $32,808 $120,299
2021 $3,197 $150,106 $32,165 $117,941
2020 $3,197 $148,568 $31,836 $116,732
2019 $3,014 $148,568 $31,836 $116,732
2018 $2,936 $142,800 $30,600 $112,200
2017 $2,182 $88,104 $23,885 $64,219
2016 $1,855 $86,377 $23,417 $62,960
2015 $1,853 $85,081 $23,066 $62,015
2014 $1,805 $83,416 $22,615 $60,801
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Maria Flores

    My Realty

    (661) 213-7439

    5 in this area

    58 Total Sales

    Maria Flores
    Section Image
  • Miguel A. Hernandez

    Seller's Agent in 2017

    Miguel A. Hernandez

    Diamond Realty Group

    (661) 778-9135

    18 in this area

    243 Total Sales

    Miguel A. Hernandez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202107077

Bakersfield Association of REALTORS® / GEMLS

APN: 138-022-07-00-5

California Kern County Bakersfield 93305 East Bakersfield

1515 Palm Dr, 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. 2026.

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