2122 Palm St Bakersfield, CA 93304
Oleander-Sunset NeighborhoodEstimated payment $1,641/month
Total Views
10,869
3
Beds
1
Bath
1,470
Sq Ft
$170
Price per Sq Ft
Highlights
- Evaporated cooling system
- 1-Story Property
- 2-minute walk to Beale Park
About This Home
Subject to successful Cancellation of Previous Escrow. Show NOW!!!🏡 Downtown Gem with Bonus Flex Space - Zoned R-2! Welcome to this charming 1921 classic with great bones and endless potential! Priced below market value, this home is perfect for a first-time buyer or savvy investor looking to expand their rental portfolio in a prime downtown location. ✔️ 2 Bed / 1 Bath Main House ✔️ Converted Garage - ideal for a mother-in-law suite, rental income, office, or man cave ✔️ R-2 Zoning - potential for additional units ✔️ Light repairs needed - add value quickly! ✔️ Established neighborhood with vintage charm Don't miss out on this opportunity to own in a growing area at an affordable price. Whether you're looking for your first home or your next investment, this one checks all the boxes!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,131
Year Built
- Built in 1921
Lot Details
- 5,227 Sq Ft Lot
- Zoning described as R2
Interior Spaces
- 1,470 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Bathroom
Parking
- 2 Car Garage
- Uncovered Parking
Schools
- Penn Elementary School
- Emerson Middle School
- Bakersfield High School
Utilities
- Evaporated cooling system
Community Details
- The Chester Tract Subdivision
Listing and Financial Details
- Assessor Parcel Number 00733214
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,131 | $210,118 | $42,448 | $167,670 |
| 2024 | $3,131 | $205,999 | $41,616 | $164,383 |
| 2023 | $3,065 | $201,960 | $40,800 | $161,160 |
| 2022 | $2,996 | $198,000 | $40,000 | $158,000 |
| 2021 | $1,411 | $71,351 | $27,917 | $43,434 |
| 2020 | $1,377 | $70,620 | $27,631 | $42,989 |
| 2019 | $1,350 | $70,620 | $27,631 | $42,989 |
| 2018 | $1,322 | $67,880 | $26,559 | $41,321 |
| 2017 | $1,312 | $66,550 | $26,039 | $40,511 |
| 2016 | $1,225 | $65,246 | $25,529 | $39,717 |
| 2015 | $1,214 | $64,267 | $25,146 | $39,121 |
| 2014 | $1,176 | $63,009 | $24,654 | $38,355 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | Price Changed | $249,000 | -2.4% | $169 / Sq Ft |
| 07/17/2025 07/17/25 | For Sale | $255,000 | +20.9% | $173 / Sq Ft |
| 07/03/2025 07/03/25 | Sold | $211,000 | -1.9% | $189 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 06/09/2025 06/09/25 | Price Changed | $215,000 | -6.3% | $192 / Sq Ft |
| 05/09/2025 05/09/25 | Price Changed | $229,500 | +2.2% | $205 / Sq Ft |
| 05/09/2025 05/09/25 | Price Changed | $224,500 | -9.4% | $201 / Sq Ft |
| 04/30/2025 04/30/25 | For Sale | $247,777 | -0.8% | $222 / Sq Ft |
| 04/23/2025 04/23/25 | For Sale | $249,888 | 0.0% | $170 / Sq Ft |
| 04/07/2025 04/07/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | For Sale | $249,888 | -- | $170 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $85,000 | Chicago Title Company | |
| Grant Deed | $46,000 | Chicago Title | |
| Trustee Deed | $78,061 | World Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,000 | Seller Take Back | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $20,000 | No Value Available |
Source: Public Records
Similar Homes in Bakersfield, CA
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202503124
APN: 007-332-14-00-0
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