NOT LISTED FOR SALE

1518 Pacific St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $162,000 - $232,000

3 Beds
1 Bath
984 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 04, 2019

Last sale price $80,000 $81 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,209/month

43 Days on Market

About This Home

As of October 2019

Investor opportunity. Three bedrooms, one bath on an R-3 lot. Repairs necessary would include replacing floors, repainting interior and exterior walls, replacing several interior and exterior doors, replacing broken panes of glass, and replacing drawers and hardware in the kitchen. Repairs are all relatively simple, inexpensive and non-structural. Depending on finishing touches and quality of work, property should sell between $145,000 and $165,000.

Last Agent to Sell the Property

Jared Clemence

Watson Realty License #02087736 Listed on: 07/22/2019

Last Buyer's Agent

Kenneth Davis

The Davis Group Real Est License #02033012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 7,558 Sq Ft Lot
  • Zoning described as R3

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • College Heights Elementary School
  • Compton Middle School
  • East High School

Utilities

  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 01503014

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

7,558 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Year Built: 1956
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1735
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 3
  • Living Area: 984.00

Exterior Features

  • Roof: Composition
  • Disclosures: SEL-M on file
  • Pool Features: None

Garage/Parking

  • Parking Features: 1 Car Garage

Utilities

  • Heatcool: Evaporative

Association/Amenities

  • Site Amenities: Alley

Schools

  • High School: East
  • Middle Or Junior School: Compton

Lot Info

  • Zoning Description: R3
  • Lot Size Sq Ft: 7558.00
  • Parcel #: 01503014

MLS Schools

  • Elementary School: College Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 16, 2019
Sold by
Alkaheel Kawkab
Bought by
Shaibi Samir S
Seller's Agent
Jared Clemence
Watson Realty
Buyer's Agent
Kenneth Davis
The Davis Group Real Est
List Price
$127,000
Sold Price
$80,000
Premium/Discount to List
-$47,000
-37.01%
Current Estimated Value
$207,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,508
Avg. Annual Appreciation
16.01%
Original Mortgage
$60,000
Outstanding Balance
$52,447
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$155,061

Purchase Details

Closed on
Dec 12, 2000
Sold by
Va
Bought by
Vass Michael H and Vass Gloria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,200
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Shaibi Samir S -- Chicago Title Bakersfield
Vass Michael H -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaibi Samir S $60,000
Previous Owner Vass Michael H $36,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2019 10/04/19 Sold $80,000 -37.0% $81 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $127,000 -- $129 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $1,716 $87,487 $38,275 $49,212
2024 $1,675 $85,773 $37,525 $48,248
2023 $1,675 $84,092 $36,790 $47,302
2022 $1,625 $82,444 $36,069 $46,375
2021 $1,525 $80,828 $35,362 $45,466
2020 $1,490 $80,000 $35,000 $45,000
2019 $1,501 $90,532 $17,889 $72,643
2018 $1,468 $87,019 $17,196 $69,823
2017 $1,456 $85,313 $16,859 $68,454
2016 $1,743 $83,641 $16,529 $67,112
2015 $1,340 $82,385 $16,281 $66,104
2014 $1,220 $74,000 $19,000 $55,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jared Clemence

    Watson Realty

    6 Total Sales

    Jared Clemence
    Section Image

  • K

    Buyer's Agent in 2019

    Kenneth Davis

    The Davis Group Real Est

    (661) 706-1864

    3 in this area

    99 Total Sales

    Kenneth Davis
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21908679

Bakersfield Association of REALTORS® / GEMLS

APN: 015-030-14-00-8

California Kern County Bakersfield 93305 East Bakersfield

1518 Pacific St, Bakersfield, CA

Not Listed for Sale

Detached

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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