NOT LISTED FOR SALE

2503 Rain Dr Bakersfield, CA 93313

Stone Meadows Neighborhood

Estimated Value: $345,000 - $406,000

4 Beds
2 Baths
1,626 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $140,200 $86 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,201/month

33 Days on Market

About This Home

As of June 2012

Cute Southwest HUD Home! This Lennar built 3 bedroom, 2 bath home has so much to offer! Features include a great room floor plan, tile kitchen island with breakfast bar, and separate dining area. The large backyard is ready for your personal touches to make it a perfect family space.

Last Agent to Sell the Property

Scott Rivera

Scott Rivera Real Estate Team License #00626698 Listed on: 04/19/2012

Last Buyer's Agent

Fernando Mendoza

Unknown Broker License #01357900

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 6,001 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,626 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Granite Pointe Elementary School
  • Ollivier Middle School
  • Golden Valley High School

Listing and Financial Details

  • Assessor Parcel Number 51578417

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type 2: HUD
  • Prop. Type: Residential
  • Year Built: 2008
  • Building Stories: 1
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1378
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement Bathrooms: 2.00
  • Total Bedrooms: 4
  • Living Area: 1626.00

Exterior Features

  • Roof: Composition
  • Disclosures: HUD
  • Pool Features: None

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: Golden Valley
  • Middle Or Junior School: Ollivier, L. H.

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 6001.00
  • Parcel #: 51578417

MLS Schools

  • Elementary School: Granite Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2012
Closed on
Jun 14, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Valdez Carlos Estrada
Seller's Agent
Scott Rivera
Scott Rivera Real Estate Team
Buyer's Agent
Fernando Mendoza
Unknown Broker
List Price
$140,000
Sold Price
$140,200
Premium/Discount to List
$200
0.14%
Current Estimated Value
$371,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,063
Avg. Annual Appreciation
7.43%
Original Mortgage
$140,271
Outstanding Balance
$96,847
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$274,416

Purchase Details

Listed on
Apr 19, 2012
Closed on
May 21, 2012
Sold by
Estrada Cecilia
Bought by
Estrada Valdez Carlos
Seller's Agent
Scott Rivera
Scott Rivera Real Estate Team
Buyer's Agent
Fernando Mendoza
Unknown Broker
List Price
$140,000
Sold Price
$140,200
Premium/Discount to List
$200
0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,271
Outstanding Balance
$96,847
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$274,416

Purchase Details

Closed on
Aug 2, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 30, 2010
Sold by
Reed Timmy L and Reed Laura M
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Sep 25, 2008
Sold by
Lennar Homes Of California Inc
Bought by
Reed Timmy L and Reed Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,284
Interest Rate
6.49%
Mortgage Type
FHA
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
Valdez Carlos Estrada $140,500 Chicago Title Company
Estrada Valdez Carlos -- Chicago Title Company
The Secretary Of Housing & Urban Develop -- Landsafe Title
Bac Home Loans Servicing Lp $215,733 Landsafe Title
Reed Timmy L $211,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Carlos Estrada $140,271
Previous Owner Reed Timmy L $208,284
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2012 06/22/12 Sold $140,200 +0.1% $86 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $140,000 -- $86 / 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 $3,345 $175,834 $31,394 $144,440
2024 $3,345 $172,387 $30,779 $141,608
2023 $3,264 $169,008 $30,176 $138,832
2022 $3,214 $165,695 $29,585 $136,110
2021 $3,074 $162,447 $29,005 $133,442
2020 $3,001 $160,782 $28,708 $132,074
2019 $2,947 $160,782 $28,708 $132,074
2018 $2,840 $154,542 $27,595 $126,947
2017 $2,800 $151,512 $27,054 $124,458
2016 $2,669 $148,542 $26,524 $122,018
2015 $2,630 $146,312 $26,126 $120,186
2014 $2,602 $143,447 $25,615 $117,832
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Scott Rivera

    Scott Rivera Real Estate Team

    (661) 343-6304

    21 Total Sales

    Scott Rivera
    Section Image

  • F

    Buyer's Agent in 2012

    Fernando Mendoza

    Unknown Broker

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21204184

Bakersfield Association of REALTORS® / GEMLS

APN: 515-784-17-00-8

California Kern County Bakersfield 93313 Stone Meadows

2503 Rain Dr, Bakersfield, CA

Not Listed for Sale

Detached

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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