NOT LISTED FOR SALE

222 E 7th St Bakersfield, CA 93307

Lakeview Neighborhood

Estimated Value: $254,000 - $313,000

2 Beds
1 Bath
965 Sq Ft
$281/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $143,000 $148 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,675/month

103 Days on Market

About This Home

As of November 2018

Two houses in one lot, all for only $150,000. Enjoy the security of living in one home and rent out the other to help pay your mortgage. Front house offers 3 bedrooms, 1.5 bathrooms and ready-move-in conditions. The home on back offers 2 bedrooms 1 bathroom and updates have been done in the past couple of years. Sure to please the pocketbook.

Last Agent to Sell the Property

Samuel Mora

The Mora Partners Inc. License #01894429 Listed on: 06/22/2018

Last Buyer's Agent

Kenneth Davis

The Davis Group Real Est License #02033012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 6,632 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 965 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Car Parking Spaces
  • Uncovered Parking

Schools

  • Owens Elementary School
  • Compton Middle School
  • Bakersfield High School

Listing and Financial Details

  • Assessor Parcel Number 13920210

Community Details

Overview

  • 2 Units
  • Union Ave Subdivision

Building Details

  • Gross Income $18,000
  • Net Operating Income $14,483

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1932
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 965.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking: 4.00
  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Compton

Lot Info

  • Lot Size Sq Ft: 6632.00
  • Parcel #: 13920210

Multi Family

  • Total Annual Expense: 3516.91
  • Vacancy Factor: 4.00
  • Number Of Units Total: 2
  • Annual Gross Income: 18000.00
  • Property Net Operating Income: 14483.09

MLS Schools

  • Elementary School: Owens, B. E.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2018
Sold by
Alvarado Luis
Bought by
Denol Velazquez Coronell Jessie
Current Estimated Value
$270,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,409
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2007
Sold by
Alvarado Rocio
Bought by
Alvarado Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2007
Sold by
Bui Inc
Bought by
Alvarado Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2006
Sold by
Martinez Maria Guadalupe
Bought by
Bui Inc
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
Denol Velazquez Coronell Jessie $143,000 Chicago Title Bakersfield
Alvarado Luis -- Fidelity National Title Co
Alvarado Luis $195,000 Fidelity National Title Co
Bui Inc $130,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denol Velazquez Coronell Jessie $140,409
Previous Owner Alvarado Luis $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $143,000 -4.7% $148 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $150,000 -- $155 / 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 $3,077 $159,516 $33,464 $126,052
2024 $3,002 $156,389 $32,808 $123,581
2023 $3,002 $153,323 $32,165 $121,158
2022 $2,913 $150,318 $31,535 $118,783
2021 $2,721 $147,371 $30,917 $116,454
2020 $2,654 $145,860 $30,600 $115,260
2019 $2,603 $145,860 $30,600 $115,260
2018 $1,765 $75,000 $25,000 $50,000
2017 $1,767 $75,000 $20,000 $55,000
2016 $1,437 $53,000 $20,000 $33,000
2015 $1,371 $48,000 $12,000 $36,000
2014 $1,340 $48,000 $12,000 $36,000
Source: Public Records

Agents Affiliated with this Home

  • Samuel Mora

    Seller's Agent in 2018

    Samuel Mora

    The Mora Partners Inc.

    (661) 205-7101

    51 Total Sales

    Samuel Mora
    Section Image

  • K

    Buyer's Agent in 2018

    Kenneth Davis

    The Davis Group Real Est

    (661) 706-1864

    97 Total Sales

    Kenneth Davis
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21807616

Bakersfield Association of REALTORS® / GEMLS

APN: 139-202-10-00-2

California Kern County Bakersfield 93307 Lakeview

222 E 7th 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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