Seller's Agent in 2024
Marc Thurston
ASU Commercial
(661) 862-5454
8 in this area
87 Total Sales
1918 Cherry St Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated Value: $430,354 - $684,000
7
Beds
3
Baths
2,856
Sq Ft
$183/Sq Ft
Est. Value
Highlights
- Central Heating and Cooling System
- 1-Story Property
- 4-minute walk to Beale Park
About This Home
As of June 20241918 Cherry Street- Introducing 1918 Cherry Street, a prime opportunity nestled in the heart of Bakersfield, California. This meticulously maintained triplex, constructed in 1982, offers a harmonious blend of modern convenience and timeless charm. Comprising two spacious 2-bedroom/1-bathroom units and one inviting 3-bedroom/2-bathroom unit, this property spans a generous 2,856 square feet, ensuring ample space and comfort for residents. Boasting a gross scheduled income of $36,708, and priced at an enticing $435,000, this investment promises both immediate returns and long-term potential. With its strategic location, well-appointed units, and promising rental income, 1918 Cherry Street stands as a compelling opportunity for investors seeking to expand their portfolio in the vibrant Bakersfield real estate market.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1982
Lot Details
- 7,405
Parking
- Uncovered Parking
Home Design
- Composition Roof
Interior Spaces
- 2,856 Sq Ft Home
- 1-Story Property
Schools
- Penn Elementary School
- Emerson Middle School
- Bakersfield High School
Additional Features
- 7,405 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 00720014
Community Details
Overview
- 3 Units
- Southern Addition Subdivision
Building Details
- Gross Income $35,616
- Net Operating Income $21,647
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2024
Closed on
Jun 3, 2024
Sold by
Trujillo Ana Rebeca
Bought by
Trujillo Jaime
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Max Aranda
661 Realty
List Price
$435,000
Sold Price
$435,000
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,839
Avg. Annual Appreciation
12.13%
Original Mortgage
$348,000
Outstanding Balance
$343,384
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$178,456
Purchase Details
Listed on
Apr 22, 2024
Closed on
May 7, 2024
Sold by
2008 Bank Family Trust and Bank Jeffrey C
Bought by
Trujillo Jaime
Seller's Agent
Marc Thurston
ASU Commercial
Buyer's Agent
Max Aranda
661 Realty
List Price
$435,000
Sold Price
$435,000
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Outstanding Balance
$343,384
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$178,456
Purchase Details
Closed on
Sep 8, 2021
Sold by
Bank Linh N and Bank Jeffrey C
Bought by
Bank Linh N and Bank Linh N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2016
Sold by
Bank Linh
Bought by
Bank Jeffrey C and Bank Linh N
Purchase Details
Closed on
May 15, 2014
Sold by
Bank Linh N and Linh Ngo Trust
Bought by
2008 Bank Family Trust
Purchase Details
Closed on
Apr 18, 2008
Sold by
Bank Jeffrey C and Bank Linh N
Bought by
Bank Linh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,650
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2007
Sold by
Ngo Linh
Bought by
Ngo Linh and Linh Ngo Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2005
Sold by
Ngo Linh
Bought by
Ngo Linh and Linh Ngo Trust
Purchase Details
Closed on
Oct 16, 2003
Sold by
Perlman Susan L
Bought by
Ngo Linh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2003
Sold by
Hanson Scott D and Hanson Kerri B
Bought by
Perlman Susan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trujillo Jaime | -- | Placer Title | |
| Trujillo Jaime | $435,000 | Placer Title | |
| Bank Linh N | -- | Chicago Title Company | |
| Bank Linh N | -- | Chicago Title Company | |
| Bank Jeffrey C | -- | Old Republic Title Company | |
| 2008 Bank Family Trust | -- | None Available | |
| Bank Linh | -- | Old Republic Title Company | |
| Ngo Linh | -- | North American Title Company | |
| Ngo Linh | -- | North American Title Company | |
| Ngo Linh | -- | -- | |
| Ngo Linh | $268,000 | Ticor Title | |
| Perlman Susan L | $206,000 | American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trujillo Jaime | $348,000 | |
| Previous Owner | Bank Linh N | $231,000 | |
| Previous Owner | Bank Linh | $242,650 | |
| Previous Owner | Ngo Linh | $280,000 | |
| Previous Owner | Ngo Linh | $214,400 | |
| Previous Owner | Perlman Susan L | $165,000 | |
| Closed | Ngo Linh | $26,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2024 06/05/24 | Sold | $435,000 | 0.0% | $152 / Sq Ft |
| 04/25/2024 04/25/24 | Pending | -- | -- | -- |
| 04/22/2024 04/22/24 | For Sale | $435,000 | -- | $152 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History Compared to Growth
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 | $6,249 | $443,700 | $76,500 | $367,200 |
| 2024 | $6,109 | $373,551 | $34,838 | $338,713 |
| 2023 | $6,109 | $366,227 | $34,155 | $332,072 |
| 2022 | $5,371 | $310,000 | $50,000 | $260,000 |
| 2021 | $5,206 | $315,000 | $40,000 | $275,000 |
| 2020 | $4,840 | $290,000 | $40,000 | $250,000 |
| 2019 | $4,211 | $240,000 | $40,000 | $200,000 |
| 2018 | $4,116 | $235,000 | $60,000 | $175,000 |
| 2017 | $3,937 | $218,000 | $30,000 | $188,000 |
| 2016 | $3,658 | $214,000 | $30,000 | $184,000 |
| 2015 | $3,506 | $200,000 | $50,000 | $150,000 |
| 2014 | $2,690 | $133,000 | $20,000 | $113,000 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Thurston
-
Max Aranda
Buyer's Agent in 2024
Max Aranda
661 Realty
(661) 487-2549
5 in this area
136 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202403893
APN: 007-200-14-00-8
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.
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