NOT LISTED FOR SALE

205 Universe Ave Bakersfield, CA 93308

North Country Meadows Neighborhood

Estimated Value: $344,308 - $406,000

4 Beds
2 Baths
1,632 Sq Ft
$226/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $335,000 $205 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,359/month

2 Days on Market

About This Home

As of May 2024

Seize the opportunity to own a competitively priced duplex near North High School, perfect for investors targeting long-term tenants or a profitable Airbnb setup or an ideal situation for an FHA buyer, this duplex allows you to reside in one unit while the other generates passive income, helping cover your mortgage. Unit A boasts extensive updates, including new interior paint, stylish countertops, modern vanities, and durable wood-like flooring. Both units feature indoor laundry, HVAC systems, and built-in wall AC units, enhancing comfort throughout the year. Each unit also enjoys a private backyard, perfect for leisure and gatherings. Positioned in a desirable area with easy access to local amenities, this property is not just a smart investment but also offers a delightful living environment. Take advantage of this excellent opportunity to secure a property that promises substantial financial benefits and a comfortable lifestyle. Don't miss outthis gem is a steal!

Last Agent to Sell the Property

Alishaan Abbas

Keller Williams Realty License #02060679 Listed on: 04/19/2024

Keller Williams Realty

Last Buyer's Agent

George Hernandez

Ascend Real Estate and Propert License #02033538

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,047

Year Built

  • Built in 1980

Lot Details

  • 7,840

Parking

  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property

Schools

  • Wingland Elementary School
  • Standard Middle School
  • North High School

Additional Features

  • 7,840 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 49104008

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $36,000
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,047

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1980
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.1800
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1632.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

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

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 7840.00
  • Parcel #: 49104008

Multi Family

  • Total Annual Expense: 2400.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 36000.00
  • Property Net Operating Income: 33600.00

MLS Schools

  • Elementary School: Wingland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Apr 26, 2024
Sold by
Fan Peidong
Bought by
Lucatero Daniel and Torres Marissa Guerrero
Seller's Agent
Alishaan Abbas
Keller Williams Realty
Buyer's Agent
George Hernandez
Ascend Real Estate and Propert
List Price
$305,000
Sold Price
$335,000
Premium/Discount to List
$30,000
9.84%
Views
56
Current Estimated Value
$366,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,075
Avg. Annual Appreciation
5.69%
Original Mortgage
$328,932
Outstanding Balance
$324,873
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$33,519

Purchase Details

Closed on
Sep 28, 2016
Sold by
Hall Mark
Bought by
Fan Peidong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2009
Sold by
Hall Deborah L
Bought by
Hall Mark

Purchase Details

Closed on
Nov 21, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Hall Mark

Purchase Details

Closed on
Jun 2, 2009
Sold by
Castellanos Jose F
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 3, 2006
Sold by
Cruz Fanny
Bought by
Castellanos Jose F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2005
Sold by
Burnam Robert L and Burnam Bunny G
Bought by
Cruz Fanny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,960
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Lucatero Daniel $335,000 Chicago Title Company
Fan Peidong $160,000 Placer Title Company
Hall Mark -- North American Title Company
Hall Mark $72,000 Landsafe Title
Deutsche Bank National Trust Company $65,600 Landsafe Title
Castellanos Jose F $285,000 Chicago Title Company
Cruz Fanny $180,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucatero Daniel $328,932
Previous Owner Fan Peidong $120,000
Previous Owner Castellanos Jose F $228,000
Previous Owner Cruz Fanny $80,000
Previous Owner Cruz Fanny $143,960
Previous Owner Burnam Robert L $47,600
Closed Cruz Fanny $35,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $335,000 +9.8% $205 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $305,000 -- $187 / 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 $4,047 $341,700 $61,200 $280,500
2024 $3,902 $182,047 $45,510 $136,537
2023 $3,902 $178,478 $44,618 $133,860
2022 $3,697 $174,980 $43,744 $131,236
2021 $3,521 $171,550 $42,887 $128,663
2020 $3,367 $169,792 $42,448 $127,344
2019 $3,325 $169,792 $42,448 $127,344
2018 $3,203 $163,200 $40,800 $122,400
2017 $3,175 $160,000 $40,000 $120,000
2016 $2,055 $78,503 $32,709 $45,794
2015 $2,029 $77,325 $32,218 $45,107
2014 $1,990 $75,811 $31,587 $44,224
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Alishaan Abbas

    Keller Williams Realty

    Section Image
  • George Hernandez

    Buyer's Agent in 2024

    George Hernandez

    Ascend Real Estate and Propert

    (661) 606-8252

    2 in this area

    114 Total Sales

    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202403797

Bakersfield Association of REALTORS® / GEMLS

APN: 491-040-08-00-6

California Kern County Bakersfield 93308 North Country Meadows

205 Universe Ave, Bakersfield, CA

This home is located at 205 Universe Ave, Bakersfield, CA 93308 since 19 April 2024 and is currently estimated at $368,327, approximately $225 per square foot. This property was built in 1980. 205 Universe Ave is a home located in Kern County with nearby schools including Wingland Elementary School, Standard Middle School, and North High School.

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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