NOT LISTED FOR SALE

1900 Magdelena Ave Bakersfield, CA 93307

South Panama Lane Neighborhood

Estimated Value: $306,000 - $376,000

3 Beds
2 Baths
1,398 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $150,000 $107 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,986/month

27 Days on Market

About This Home

As of August 2014

Nice 3 bed/2 bath SW Home. Great Investor or 1st Time Buyer situation. Some TLC needed. **Traditional Sale**

Last Agent to Sell the Property

David Razo

Unknown Broker License #1183054 Listed on: 07/17/2014

Last Buyer's Agent

Carlos Padilla

Watson Realty License #01487576

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 6,254 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,398 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Palla Elementary School
  • Ollivier Middle School
  • South High School

Listing and Financial Details

  • Assessor Parcel Number 51507010

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1988
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1436
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.75
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1398.00

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: South
  • Middle Or Junior School: Ollivier, L. H.

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 6254.00
  • Parcel #: 51507010

MLS Schools

  • Elementary School: Palla, R.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2014
Closed on
Aug 18, 2014
Sold by
Madrigal Adalberto Arteaga and Garcia Ma De Lourdes Perez
Bought by
Madrigal Adalberto Arteaga and Garcia Ma De Lourdes Perez
Seller's Agent
David Razo
Unknown Broker
Buyer's Agent
Carlos Padilla
Watson Realty
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%
Current Estimated Value
$338,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,150
Avg. Annual Appreciation
7.36%

Purchase Details

Listed on
Jul 17, 2014
Closed on
Aug 13, 2014
Sold by
Velarde Alfonso B and Velarde Cristina
Bought by
Madrigal Adalberto Arteago and Garcia Ma De Lourdes Perez
Seller's Agent
David Razo
Unknown Broker
Buyer's Agent
Carlos Padilla
Watson Realty
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Velarde Alfonso B and Velarde Cristina
Bought by
Velarde Alfonso B and Velarde Maria Cristina

Purchase Details

Closed on
Aug 26, 2008
Sold by
Suntrust Mortgage Inc
Bought by
Velarde Alfonso B and Velarde Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,520
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2008
Sold by
Gray Christian
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
May 1, 2007
Sold by
Gray Christian M and Gray Heidi E
Bought by
Hardshell Investments Inc

Purchase Details

Closed on
Jul 17, 2006
Sold by
Jch Out Rat Investment Corp
Bought by
Gray Christian M

Purchase Details

Closed on
Feb 8, 2006
Sold by
Gray Christian
Bought by
Jch Out Rat Investment Corp

Purchase Details

Closed on
Sep 26, 2005
Sold by
Gray Heidi Elizabeth
Bought by
Gray Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 6, 2005
Sold by
Kaur Gill Satwant Singh and Kaur Gill Gian
Bought by
Gray Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 15, 2001
Sold by
Gill Satwant and Gill Gian
Bought by
Kaur Gill Satwant Singh and Kaur Gill Gian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.98%

Purchase Details

Closed on
Jan 15, 1998
Sold by
Nagra Balwant
Bought by
Nagra Kamaljit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,202
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 1997
Sold by
Turner Guadalupe M
Bought by
Gill Satwant and Gill Gian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,202
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 1994
Sold by
Cisneros Henry G and Hud
Bought by
Turner Guadalupe M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,729
Interest Rate
7.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Madrigal Adalberto Arteaga -- Chicago Title Company
Madrigal Adalberto Arteago $150,000 Chicago Title Company
Velarde Alfonso B -- None Available
Velarde Alfonso B -- First American Title Ins Co
Suntrust Mortgage Inc $137,000 Accommodation
Hardshell Investments Inc -- Fidelity Title
Gray Christian M -- None Available
Jch Out Rat Investment Corp -- Accommodation
Gray Christian -- --
Gray Christian $245,000 --
Kaur Gill Satwant Singh $77,000 Stewart Title
Nagra Kamaljit -- First American Title Co
Gill Satwant $77,500 First American Title Ins Co
Turner Guadalupe M $79,000 Heritage Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velarde Alfonso B $89,520
Previous Owner Gray Christian $49,000
Previous Owner Gray Christian $196,000
Previous Owner Kaur Gill Satwant Singh $77,000
Previous Owner Gill Satwant $77,202
Previous Owner Turner Guadalupe M $78,729
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $150,000 -5.7% $107 / Sq Ft
07/17/2014 07/17/14 For Sale $159,000 -- $114 / 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 $2,763 $258,769 $48,070 $210,699
2024 $2,697 $176,735 $47,128 $129,607
2023 $2,697 $173,270 $46,204 $127,066
2022 $2,665 $169,874 $45,299 $124,575
2021 $2,545 $166,544 $44,411 $122,133
2020 $2,485 $164,837 $43,956 $120,881
2019 $2,445 $164,837 $43,956 $120,881
2018 $2,346 $158,438 $42,250 $116,188
2017 $2,319 $155,332 $41,422 $113,910
2016 $2,193 $152,287 $40,610 $111,677
2015 $2,166 $150,000 $40,000 $110,000
2014 $1,800 $117,651 $31,513 $86,138
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Razo

    Unknown Broker

  • Carlos Padilla

    Buyer's Agent in 2014

    Carlos Padilla

    Watson Realty

    (661) 859-5762

    172 Total Sales

    Carlos Padilla
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21407675

Bakersfield Association of REALTORS® / GEMLS

APN: 515-070-10-00-3

California Kern County Bakersfield 93307 South Panama Lane

1900 Magdelena Ave, Bakersfield, CA

Not Listed for Sale

Detached

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