NOT LISTED FOR SALE

2029 Lake St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $427,490 - $456,000

4 Beds
2 Baths
2,112 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 27, 2024

Last sale price $391,000 $185 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,666/month

17 Days on Market

About This Home

As of March 2024

Updated Duplex one is a 2 bedroom 2 bathroom The second unit has 2 bedrooms and 1 bathroom. Both on separate gas and electrical meters. Tile flooring updated newer paint and lighting updated finishes. Both units do not share walls for added privacy. Central heating and air conditioning for added comfort. Don't let this investment opportunity pass you by!

Last Agent to Sell the Property

Jose Torres

Unknown Broker License #02059275 Listed on: 02/03/2024

Unknown Broker

Last Buyer's Agent

Daysi Vergara

Infinity Real Estate Services License #02045835

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 8,712

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,112 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Mann Elementary School
  • Stiern Middle School
  • East High School

Additional Features

  • 8,712 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 13825044

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $44,000
  • Net Operating Income $42,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1993
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.2000
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2112.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: East
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Zoning Description: Multifamily
  • Lot Size Sq Ft: 8712.00
  • Parcel #: 13825044

Multi Family

  • Total Annual Expense: 1200.00
  • Vacancy Factor: 0.20
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 44000.00
  • Property Net Operating Income: 42800.00

MLS Schools

  • Elementary School: Mann, Horace

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Feb 16, 2024
Sold by
Diaz Jorge Luis Zelaya and Diaz Eva O
Bought by
Medina-Vergara Jocelynn Guadalupe and Soto Saul
Seller's Agent
Jose Torres
Unknown Broker
Buyer's Agent
Daysi Vergara
Infinity Real Estate Services
List Price
$400,000
Sold Price
$391,000
Premium/Discount to List
-$9,000
-2.25%
Views
83
Current Estimated Value
$438,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,373
Avg. Annual Appreciation
6.49%
Original Mortgage
$371,450
Outstanding Balance
$365,080
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$73,293

Purchase Details

Closed on
Dec 21, 2007
Sold by
Gonzales Donald F and Gonzales Donald L
Bought by
Gonzales Donald F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Medina-Vergara Jocelynn Guadalupe $391,000 Chicago Title Company
Gonzales Donald F -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina-Vergara Jocelynn Guadalupe $371,450
Previous Owner Gonzales Donald F $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2024 03/27/24 Sold $391,000 -2.3% $185 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $400,000 +247.8% $189 / Sq Ft
04/30/2014 04/30/14 Sold $115,000 0.0% $54 / Sq Ft View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
06/11/2013 06/11/13 For Sale $115,000 -- $54 / 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 $4,683 $398,820 $66,300 $332,520
2024 $4,547 $240,598 $54,681 $185,917
2023 $4,547 $235,881 $53,609 $182,272
2022 $4,313 $231,257 $52,558 $178,699
2021 $4,115 $226,724 $51,528 $175,196
2020 $4,039 $224,400 $51,000 $173,400
2019 $2,697 $128,897 $28,019 $100,878
2018 $2,625 $123,893 $26,932 $96,961
2017 $2,589 $121,464 $26,404 $95,060
2016 $2,221 $119,084 $25,887 $93,197
2015 $2,218 $117,297 $25,499 $91,798
2014 $4,158 $286,932 $63,944 $222,988
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jose Torres

    Unknown Broker

    Section Image
  • Daysi Vergara

    Buyer's Agent in 2024

    Daysi Vergara

    Infinity Real Estate Services

    (661) 789-8451

    4 in this area

    45 Total Sales

    Daysi Vergara
    Section Image

  • M

    Seller's Agent in 2014

    Michael Stott

    Unknown Broker

  • M

    Buyer's Agent in 2014

    Miriam Alvarez

    Miramar Realty

    (661) 304-0956

    31 Total Sales

    Miriam Alvarez
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202401171

Bakersfield Association of REALTORS® / GEMLS

APN: 138-250-44-00-5

California Kern County Bakersfield 93305 East Bakersfield

2029 Lake St, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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