2122 Palm St Bakersfield, CA 93304
Oleander-Sunset Neighborhood
3
Beds
1
Bath
1,118
Sq Ft
5,329
Sq Ft Lot
Highlights
- No HOA
- Enclosed patio or porch
- Laundry Room
- Neighborhood Views
- Evaporated cooling system
- 2-minute walk to Beale Park
About This Home
As of July 2025?? 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!
Last Agent to Sell the Property
Michael McCracken, Broker Brokerage Phone: 661-220-0027 License #01723243 Listed on: 04/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,131
Year Built
- Built in 1921
Lot Details
- 5,329 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned R-2
Parking
- 2 Car Garage
Interior Spaces
- 1,118 Sq Ft Home
- 1-Story Property
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Evaporated cooling system
- Sewer Assessments
Additional Features
- Enclosed patio or porch
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block P / 13
- Tax Tract Number 19
- Assessor Parcel Number 00733214000
- $707 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2021
Sold by
Saling Paul Edwin and Saling Mary Ann
Bought by
Luna Alexander Frank and Luna Estela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Outstanding Balance
$95,889
Interest Rate
2.9%
Mortgage Type
Seller Take Back
Estimated Equity
$141,233
Purchase Details
Closed on
Nov 15, 1994
Sold by
California Federal Bank Fsb
Bought by
Saling Paul Edwin and Saling Mary Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
9.08%
Purchase Details
Closed on
Jun 6, 1994
Sold by
T D Service Company
Bought by
California Federal Bank and California Fsla
Similar Homes in Bakersfield, CA
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 | 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 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
Agents Affiliated with this Home
-
Sam Reyna
Seller's Agent in 2025
Sam Reyna
Cal Pro Real Estate
(661) 586-7266
11 in this area
163 Total Sales
-
Michael McCracken
Seller's Agent in 2025
Michael McCracken
Michael McCracken, Broker
(661) 220-0027
6 in this area
193 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,738 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25095158
APN: 007-332-14-00-0
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