NOT LISTED FOR SALE

243 E Marengo Ave Shafter, CA 93263

Estimated Value: $224,000 - $255,000

2 Beds
1 Bath
1,093 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 05, 2013

Last sale price $90,000 $82 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,381/month

51 Days on Market

About This Home

As of October 2013

Check out this rare diamond in the rough in Shafter! This 2 bedroom, 1 bath home features tile throughout, a large front yard area, Take advantage of this opportunity before somebody else does -- it will go fast.

Last Agent to Sell the Property

Zachary Gilani

Watson Realty License #01757881 Listed on: 07/15/2013

Last Buyer's Agent

Domingo Castro

Wise Real Estate License #01456828

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 7,891 Sq Ft Lot
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,093 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Richland Elementary And Middle School
  • Shafter High School

Listing and Financial Details

  • Assessor Parcel Number 02822207

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1930
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1812
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 1093.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above
  • Pool Features: None

Garage/Parking

  • Parking Features: 1 Car Garage

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Shafter
  • Middle Or Junior School: Richland

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 7891.00
  • Parcel #: 02822207

MLS Schools

  • Elementary School: Richland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 13, 2013
Sold by
Lomeli Daniel C
Bought by
Arreola Arreola Maria Elvia Maria Elvia and Avalos Rosales Juan Manuel
Seller's Agent
Zachary Gilani
Watson Realty
Buyer's Agent
Domingo Castro
Wise Real Estate
List Price
$85,000
Sold Price
$90,000
Premium/Discount to List
$5,000
5.88%
Current Estimated Value
$240,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,789
Avg. Annual Appreciation
8.34%
Original Mortgage
$82,620
Outstanding Balance
$62,066
Interest Rate
4.57%
Mortgage Type
New Conventional
Estimated Equity
$178,723

Purchase Details

Closed on
Feb 3, 2009
Sold by
Us Bank National Association
Bought by
Lomell Daniel C

Purchase Details

Closed on
Oct 17, 2008
Sold by
Salvador Sacramento
Bought by
U S Bank Na and Lehman Brothers

Purchase Details

Closed on
Oct 4, 2005
Sold by
Mundo Laura
Bought by
Salvador Sacramento

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 12, 2005
Sold by
Sharp Richard E and Sharp Sandra M
Bought by
Salvador Sacramento

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.63%
Mortgage Type
Stand Alone Second
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
Arreola Arreola Maria Elvia Maria Elvia $90,000 First American Title Company
Lomell Daniel C $60,000 Ticor Title Company
U S Bank Na $48,844 Accommodation
Salvador Sacramento -- First American Title
Salvador Sacramento $160,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arreola Arreola Maria Elvia Maria Elvia $82,620
Previous Owner Salvador Sacramento $30,000
Previous Owner Salvador Sacramento $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2013 10/05/13 Sold $90,000 +5.9% $82 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $85,000 -- $78 / 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 $1,461 $110,315 $24,511 $85,804
2024 $1,413 $108,153 $24,031 $84,122
2023 $1,413 $106,033 $23,560 $82,473
2022 $1,351 $103,955 $23,099 $80,856
2021 $1,288 $101,918 $22,647 $79,271
2020 $1,245 $100,874 $22,415 $78,459
2019 $1,241 $100,874 $22,415 $78,459
2018 $1,194 $96,959 $21,546 $75,413
2017 $1,185 $95,059 $21,124 $73,935
2016 $1,119 $93,196 $20,710 $72,486
2015 $1,086 $91,797 $20,399 $71,398
2014 $1,044 $90,000 $20,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21306906

Bakersfield Association of REALTORS® / GEMLS

APN: 028-222-07-00-1