$723,008
SOLD JAN 28, 2025

16406 Palm Ave Bakersfield, CA 93314

3 Beds
2.5 Baths
2,015 Sq Ft
2.51 Acres

Recently Sold

$359 Per Sq Ft

2% Above List Price

9 Days on Market

Highlights

  • Horses Allowed On Property
  • 2.51 Acre Lot
  • Central Heating and Cooling System
  • Liberty High School Rated A
  • Wood Burning Stove
  • 1-Story Property

About This Home

As of January 2025

This beautiful home is nestled on a sprawling 2.5+ acre property. This serene retreat offers the perfect blend of rustic charm and modern comfort. The 3 bedroom, 2.5 bathroom home boasts stunning wood ceilings that add warmth and character to the spacious living areas. The beautifully updated kitchen is a chef's dream, complete with modern appliances, ample storage, and a seamless flow into the heart of the home. Ideal for homesteading enthusiasts or those with a passion for horses and livestock, this property provides plenty of space for gardens, stables, and outdoor adventures. Wake up to peaceful sounds of nature, soak in the calm surroundings, and enjoy breathtaking sunsets from your porch. Whether you're looking to start your own farmstead, create a haven for your animals, or simply live in harmony with nature, this home is a dream come true. Don't miss your chance to own a slice of countryside paradise!

Last Agent to Sell the Property

Elise Cabral

Real Broker License #02153992 Listed on: 01/01/2025

Real Broker

Last Buyer's Agent

Elise Cabral

Real Broker License #02153992 Listed on: 01/01/2025

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,762

Year Built

  • Built in 1984

Lot Details

  • 2.51 Acre Lot
  • Zoning described as R1

Parking

  • 3 Car Garage

Interior Spaces

  • 2,015 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Schools

  • Rio Bravo-Greel Elementary And Middle School
  • Liberty High School

Additional Features

  • Horses Allowed On Property
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 40708022

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,762

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1984
  • Building Stories: 1
  • Solar Owned Leased: Other
  • Deposit Amount Required: 7000.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 2.5100
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.50
  • Total Bedrooms: 3
  • Living Area: 2015.00

Exterior Features

  • Disclosures: None of the Above
  • Pool Features: None

Garage/Parking

  • Parking Features: 3 Car Garage

Utilities

  • Heatcool: Central AC, Central Heat, Wood Burning Stove

Association/Amenities

  • Site Amenities: Horse

Schools

  • High School: Liberty
  • Middle Or Junior School: Rio Bravo-Greel

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 109335.00
  • Parcel #: 40708022

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Rio Bravo-Greel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2025
Sold by
Ortiz Everardo and Ortiz Mayra Janet
Bought by
Ortiz
Current Estimated Value
$734,299

Purchase Details

Listed on
Jan 1, 2025
Closed on
Jan 7, 2025
Sold by
Sheridan Patrick O and Sheridan Callie Ann
Bought by
Ortiz Everardo and Ortiz Mayra Janet
Seller's Agent
Elise Cabral
Real Broker
Buyer's Agent
Elise Cabral
Real Broker
List Price
$705,888
Sold Price
$723,008
Premium/Discount to List
$17,120
2.43%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$578,406
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2022
Sold by
Sheridan Family Trust
Bought by
Sheridan Patrick O and Sheridan Callie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2019
Sold by
Sheridan Dennis M and Sheridan Debra J
Bought by
Sheridan Dennis M and Sheridan Debra J
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
Quit Claim Deed -- None Listed On Document
Grant Deed $723,500 Chicago Title Company
Grant Deed $450,000 Placer Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $578,406 New Conventional
Previous Owner $324,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2025 01/28/25 Sold $723,008 +2.4% $359 / Sq Ft
01/10/2025 01/10/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $705,888 -- $350 / 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 $6,762 $530,604 $265,302 $265,302
2024 $6,644 $520,200 $260,100 $260,100
2023 $6,644 $510,000 $255,000 $255,000
2022 $4,109 $286,029 $86,666 $199,363
2021 $3,981 $280,421 $84,967 $195,454
2020 $3,981 $277,546 $84,096 $193,450
2019 $3,739 $277,546 $84,096 $193,450
2018 $3,587 $266,771 $80,832 $185,939
2017 $3,525 $261,542 $79,248 $182,294
2016 $3,304 $256,415 $77,695 $178,720
2015 $3,181 $252,564 $76,528 $176,036
2014 $3,125 $247,617 $75,029 $172,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202412933

Bakersfield Association of REALTORS® / GEMLS

APN: 407-080-22-00-3