NOT LISTED FOR SALE

205 Lincoln Ave Unit A-B Bakersfield, CA 93308

Estimated Value: $257,000 - $326,000

4 Beds
1 Bath
1,785 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $211,666 $119 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,973/month

About This Home

As of March 2022

This property consists of a duplex, Each unit is 2 bedrooms/ 1 bath, with plenty of parking. Currently is renting for unit #A $695 unit #B $650. Also for sale 2 sets of duplexes next door with address 201-203 Lincoln, Buy all 6 units $720,000. Long term tenants.

Last Agent to Sell the Property

Tony Diaz

Homes R Us Realty Inc. License #01234448 Listed on: 12/20/2021

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,511

Year Built

  • Built in 1978

Lot Details

  • 5,662 Sq Ft Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,785 Sq Ft Home
  • 1-Story Property

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11325310

Community Details

Overview

  • 2 Units
  • Highland Tract Subdivision

Building Details

  • Gross Income $16,140
  • Net Operating Income $11,444

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,511

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1978
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1785.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Other

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 5662.00
  • Parcel #: 11325310

Multi Family

  • Total Annual Expense: 4696.00
  • Vacancy Factor: 0.10
  • Number Of Units Total: 2
  • Annual Gross Income: 16140.00
  • Property Net Operating Income: 11444.00

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Feb 22, 2022
Sold by
Cmg Assets-4 Llc
Bought by
Mpsn Holdings No1 Lp
Seller's Agent
Tony Diaz
Homes R Us Realty Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$220,000
Sold Price
$211,666
Premium/Discount to List
-$8,334
-3.79%
Current Estimated Value
$304,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,301
Avg. Annual Appreciation
10.55%

Purchase Details

Listed on
Apr 12, 2016
Closed on
Aug 24, 2016
Sold by
Petris Joyce and J & J Petris Family Trust
Bought by
Capitalist Masters Group Llc
Seller's Agent
Tony Diaz
Homes R Us Realty Inc.
Buyer's Agent
Tony Diaz
Homes R Us Realty Inc.
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$1,000,000
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2008
Sold by
Petris Joyce and J & J Petris Family Trust
Bought by
Petris Joyce and Trust C
Source: Public Records

Range of Values:

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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
Mpsn Holdings No1 Lp $212,000 Lawyers Title
Capitalist Masters Group Llc $110,000 Ticor Title Company
Petris Joyce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capitalist Masters Group Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2022 03/07/22 Sold $211,666 -3.8% $119 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $220,000 +100.0% $123 / Sq Ft
09/21/2016 09/21/16 Sold $110,000 -4.3% $62 / Sq Ft View Prior Sale
08/22/2016 08/22/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $115,000 -- $64 / 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 $4,511 $224,975 $37,142 $187,833
2024 $4,511 $220,564 $36,414 $184,150
2023 $4,353 $216,240 $35,700 $180,540
2022 $3,922 $193,572 $32,808 $160,764
2021 $3,747 $189,777 $32,165 $157,612
2020 $3,588 $187,832 $31,836 $155,996
2019 $3,543 $187,832 $31,836 $155,996
2018 $3,414 $180,540 $30,600 $149,940
2017 $2,117 $75,000 $30,000 $45,000
2016 $1,957 $69,953 $6,438 $63,515
2015 $1,933 $68,903 $6,342 $62,561
2014 $1,897 $67,554 $6,218 $61,336
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tony Diaz

    Homes R Us Realty Inc.

    (661) 412-9090

    39 Total Sales

    Tony Diaz
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202113230

Bakersfield Association of REALTORS® / GEMLS

APN: 113-253-10-00-6

California Kern County Bakersfield 93308

205 Lincoln Ave Unit A-B, Bakersfield, CA

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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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