NOT LISTED FOR SALE

2529 Monterey St Bakersfield, CA 93306

West Pioneer Dr Neighborhood

Estimated Value: $283,000 - $348,000

5 Beds
3 Baths
2,094 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $190,000 $91 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,030/month

About This Home

As of April 2020

Great investment opportunity in East Bakersfield. Front unit is a roomy 2/1 with private yard. Rents for $850/month. Back unit is 3/1.75 with private yard AND 2 car garage. Rents for $1000/month. Property has ample parking for tenants. Both A/Cs are less than 10 years old. Professionally managed and well maintained. This will sell fast!

Last Agent to Sell the Property

Philip Jordan

Keller Williams Realty License #00966411 Listed on: 02/07/2020

Keller Williams Realty

Last Buyer's Agent

Aaron Hynds

Unknown Broker License #02014598

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 1968

Lot Details

  • 9,219 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,094 Sq Ft Home
  • 1-Story Property

Parking

  • 1 Car Garage
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 13743021

Community Details

Overview

  • 2 Units
  • East Niles Subdivision

Building Details

  • Gross Income $22,200
  • Net Operating Income $13,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,255

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1968
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2094.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered
  • Garages: 1

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 9219.00
  • Parcel #: 13743021

Multi Family

  • Total Annual Expense: 8875.00
  • Vacancy Factor: 4.00
  • Number Of Units Total: 2
  • Annual Gross Income: 22200.00
  • Property Net Operating Income: 13325.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Apr 1, 2020
Sold by
Gillman John E
Bought by
Powell Michael Anthony
Seller's Agent
Philip Jordan
Keller Williams Realty
Buyer's Agent
Aaron Hynds
Unknown Broker
List Price
$205,000
Sold Price
$190,000
Premium/Discount to List
-$15,000
-7.32%
Current Estimated Value
$314,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,404
Avg. Annual Appreciation
10.33%
Original Mortgage
$142,500
Outstanding Balance
$126,784
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$196,923

Purchase Details

Closed on
Apr 3, 2017
Sold by
Gillman John E and Gillman Susan
Bought by
Gillman John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2004
Sold by
Martinez Alain and Martinez Janet M
Bought by
Gillman John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Powell Michael Anthony $190,000 Chicago Title Company
Gillman John E -- Pacific Coast Title Company
Gillman John E $200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Michael Anthony $142,500
Previous Owner Gillman John E $164,000
Previous Owner Gillman John E $189,000
Previous Owner Gillman John E $159,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $190,000 -7.3% $91 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $205,000 -- $98 / 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 $4,255 $207,787 $38,275 $169,512
2024 $4,127 $203,714 $37,525 $166,189
2023 $4,127 $199,721 $36,790 $162,931
2022 $3,898 $195,806 $36,069 $159,737
2021 $3,704 $191,967 $35,362 $156,605
2020 $3,871 $210,000 $35,000 $175,000
2019 $4,159 $240,000 $60,000 $180,000
2018 $2,846 $135,000 $30,000 $105,000
2017 $2,844 $135,000 $30,000 $105,000
2016 $2,257 $115,000 $25,000 $90,000
2015 $2,275 $115,000 $15,000 $100,000
2014 $1,775 $73,000 $20,000 $53,000
Source: Public Records

Agents Affiliated with this Home

  • Philip Jordan

    Seller's Agent in 2020

    Philip Jordan

    Keller Williams Realty

    (661) 553-5767

    2 in this area

    139 Total Sales

    Philip Jordan
    Section Image

  • A

    Buyer's Agent in 2020

    Aaron Hynds

    Unknown Broker

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202001343

Bakersfield Association of REALTORS® / GEMLS

APN: 137-430-21-00-3

California Kern County Bakersfield 93306 West Pioneer Dr

2529 Monterey St, Bakersfield, CA

This home is located at 2529 Monterey St, Bakersfield, CA 93306 since 07 February 2020 and is currently estimated at $314,404, approximately $150 per square foot. This property was built in 1968. 2529 Monterey St is a home located in Kern County with nearby schools including Horace Mann Elementary School, Emerson Middle School, and East Bakersfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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