NOT LISTED FOR SALE

1807 Madison St Bakersfield, CA 93307

Estimated Value: $313,000

4 Beds
1 Bath
1,616 Sq Ft
$194/Sq Ft Est. Value

About This Home

Here's an opportunity to live in your own home, with a possible income producing property on the same huge lot! Perfect for a first-time buyer or investor looking for monthly income. Two houses on one lot. Single family 2 bedroom 1 bath + 2 bedroom 1 bath guest house with covered carport & detached storage building with over 1 Acre Parcel. Excellent investment opportunity for someone with vision or builder to hold rent and develop later. R-3 zoning offers the opportunity to build up to 18 units. Curently first house is rented for $1600 and second house for $500. No L/B, Tenant occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2022
Sold by
Kaur Navdeep
Bought by
Singh Inderjit
Current Estimated Value
$313,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$177,247
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$135,753

Purchase Details

Closed on
May 6, 2022
Sold by
Singh Gill Santokh
Bought by
Singh Indedit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Outstanding Balance
$177,247
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$135,753

Purchase Details

Closed on
Jul 29, 2021
Sold by
Kaur Surinder
Bought by
Gill Santokh Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
2.8%

Purchase Details

Closed on
Jun 27, 2011
Sold by
Medina Luis F and Medina Gloria R
Bought by
Lopez Reinaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.55%

Purchase Details

Closed on
Sep 3, 2010
Sold by
Medina Luis
Bought by
Medina Luis F

Purchase Details

Closed on
Apr 27, 2009
Sold by
Bank Of America National Association
Bought by
Medina Luis

Purchase Details

Closed on
Dec 2, 2008
Sold by
Ortiz Ramon
Bought by
Bank Of America National Association

Purchase Details

Closed on
Aug 9, 2006
Sold by
Ortiz Elba M
Bought by
Ortiz Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,850
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 28, 2006
Sold by
Strong Vernon D and Strong Nancy L
Bought by
Ortiz Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,850
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Singh Inderjit -- Placer Title
Singh Indedit $250,000 Placer Title
Gill Santokh Singh -- Placer Title
Gill Santokh Singh $240,000 Placer Title
Lopez Reinaldo $200,000 Placer Title Company
Medina Luis F -- None Available
Medina Luis $60,000 First American Title Company
Bank Of America National Association $96,000 Accommodation
Ortiz Ramon -- Ticor Title Company Of Ca
Ortiz Ramon $339,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Inderjit $187,500
Closed Singh Indedit $187,500
Previous Owner Gill Santokh Singh $173,250
Previous Owner Lopez Reinaldo $160,000
Previous Owner Ortiz Ramon $50,850
Previous Owner Ortiz Ramon $271,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 For Sale $650,000 -- $402 / Sq Ft

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 $4,178 $265,301 $53,060 $212,241
2024 $4,086 $260,100 $52,020 $208,080
2023 $4,086 $255,000 $51,000 $204,000
2022 $3,867 $240,000 $50,000 $190,000
2021 $3,600 $236,714 $71,013 $165,701
2020 $3,600 $234,287 $70,285 $164,002
2019 $3,457 $234,287 $70,285 $164,002
2018 $3,376 $225,191 $67,556 $157,635
2017 $3,353 $220,777 $66,232 $154,545
2016 $3,079 $216,449 $64,934 $151,515
2015 $3,059 $213,199 $63,959 $149,240
2014 $2,959 $209,024 $62,707 $146,317
Source: Public Records

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