NOT LISTED FOR SALE

1701 Rench Rd Bakersfield, CA 93308

Estimated Value: $234,000 - $349,656

3 Beds
1 Bath
1,201 Sq Ft
$236/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $135,000 $112 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,818/month

34 Days on Market

About This Home

As of November 2020

Collect Total Rents Or Live In 1 And Rent The Other! This Property Offers 2 Homes On 1 Lot & Is Located Near The New Bakersfield Amazon Distribution Center. Currently Rented 100% With Tenant Paid Utilities. Offered Subject To Interior Inspection. *Market Rents Reflect Higher, Please See Attached Pictures. Thank You👍👍 Recaude Rentas Totales O' Viva En 1a Y Alquila La Otra! La Propiedad Ofrece 2 Casas En 1 Lote Y Esta Ubicada Cerca Del Nuevo Centro De Distribucion Amazon Bakersfield. Presentemente Alquilado Al 100% Con Utilidades Pagadas Por Los Inquilinos. Ofrecido Sujeto A Inspeccion Interior. * Las Rentas Del Mercado Reflejan Mas Alto, Consulte Adjunto. Muchas Gracias👍👍

Last Agent to Sell the Property

Jessie Barajas

Executive Realty & Investments License #01317477 Listed on: 09/17/2020

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 1931

Lot Details

  • 6,734 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Car Parking Spaces
  • Uncovered Parking

Schools

  • Beardsley Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11103207

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $12,000
  • Net Operating Income $8,710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,256

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1931
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1201.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 2.00
  • Parking Features: Uncovered, Other

Utilities

  • Heatcool: Other

Schools

  • High School: North
  • Middle Or Junior School: Beardsley

Lot Info

  • Lot Size Sq Ft: 6734.00
  • Parcel #: 11103207

Multi Family

  • Total Annual Expense: 3290.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 2
  • Annual Gross Income: 12000.00
  • Property Net Operating Income: 8710.00

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Crei Group Llc
Bought by
Acosta Eloy Lugo
Current Estimated Value
$283,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,847
Outstanding Balance
$308,912
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
-$56,254
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
Acosta Eloy Lugo $330,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Eloy Lugo $15,889
Open Acosta Eloy Lugo $313,847
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $135,000 +8.0% $112 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $125,000 +156.1% $104 / Sq Ft
01/09/2015 01/09/15 Sold $48,800 +17.3% $41 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
12/02/2014 12/02/14 For Sale $41,600 -- $35 / 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 $3,256 $336,600 $61,200 $275,400
2024 $3,256 $143,262 $31,836 $111,426
2023 $3,157 $140,454 $31,212 $109,242
2022 $2,956 $137,700 $30,600 $107,100
2021 $2,792 $135,000 $30,000 $105,000
2020 $2,042 $53,843 $21,977 $31,866
2019 $2,018 $53,843 $21,977 $31,866
2018 $1,937 $51,755 $21,125 $30,630
2017 $1,895 $50,741 $20,711 $30,030
2016 $1,836 $49,747 $20,305 $29,442
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202009714

Bakersfield Association of REALTORS® / GEMLS

APN: 111-032-07-00-3