NOT LISTED FOR SALE

2605 Balsam Ave Lake Isabella, CA 93240

Estimated Value: $131,000 - $215,000

2 Beds
1 Bath
852 Sq Ft
$192/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $70,000 $82 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $959/month

17 Days on Market

Highlights

  • RV or Boat Parking
  • 2 Car Attached Garage
  • Tile Flooring
  • Covered Patio or Porch
  • Landscaped with Trees
  • 1-Story Property

About This Home

As of October 2018

Traditional 2 bedroom, 1 bath home located in the heart of Lake Isabella. Great "starter" home or investment for rental. Previous owner started upgrading kitchen with newer cabinets & counter top and replaced carpet in living room. Lots of potential with a little more TLC. Large lot, fully fenced and attached 2 car garage.

Last Agent to Sell the Property

Jeannie Verdugo

SOUTHERN SIERRA PROPERTIES License #01180970 Listed on: 07/10/2018

Last Buyer's Agent

Jeannie Verdugo

SOUTHERN SIERRA PROPERTIES License #01180970 Listed on: 07/10/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,050

Year Built

  • Built in 1963

Lot Details

  • 10,454 Sq Ft Lot
  • Property is Fully Fenced
  • Landscaped with Trees
  • Garden
  • Property is zoned MH

Parking

  • 2 Car Attached Garage
  • RV or Boat Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 852 Sq Ft Home
  • 1-Story Property
  • Electric Oven or Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Storage Shed

Utilities

  • Evaporated cooling system
  • Roof Mounted Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Septic Tank

Community Details

  • Lake Isabella Town Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 263-211-11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,050

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Additional Assessor Parcel Numbers: 263-211-11
  • Property Style: 1 story above ground
  • Property Sub Type: Bank Owned (REO)
  • Prop. Type: Single Family
  • Property Type: Site Built Home
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Lake Isabella Town
  • Year Built: 1963
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Oven/Range- Electric, Water Heater- Electric, W/D Hookups
  • Total Bathrooms: 1
  • Lower Floor 1 Bedrooms: 2
  • Interior Amenities: Flooring- Tile, Flooring- Carpet
  • Listing Area: Lake Isabella 93240
  • Living Sq Ft: 852
  • Total Rooms: 6

Exterior Features

  • Exterior Construction: Brick, Stucco
  • Exterior Features: Garden Area, Fenced- Full, Patio- Covered, RV/Boat Parking, Storage Shed, Trees
  • Foundation: Slab on Grade
  • Roof Type: Composition

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cooling: Evaporative, Roof Unit
  • Heating: Electric, Wall Heater
  • Utilities: Water: Water Company, Septic: Has Tank, Garbage Collection, Legal Access: Yes, Phone: Land Line, Phone: Cell Service, Power Source: City/Municipal

Lot Info

  • Lot Size: 0.24
  • Zoning: MH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 5, 2018
Sold by
U S Bank N A
Bought by
Saadi Nick
Seller's Agent
Jeannie Verdugo
SOUTHERN SIERRA PROPERTIES
Buyer's Agent
Jeannie Verdugo
SOUTHERN SIERRA PROPERTIES
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$163,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,452
Avg. Annual Appreciation
12.65%
Original Mortgage
$46,000
Outstanding Balance
$28,814
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$131,198

Purchase Details

Closed on
Jun 8, 2018
Sold by
Moran Betty J
Bought by
U S Bank N A

Purchase Details

Closed on
Dec 10, 2003
Sold by
Abert Robert G and Abert Patricia A
Bought by
Moran Robert E and Moran Betty J
Source: Public Records

Range of Values:

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Average Value
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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
Saadi Nick $70,000 Fidelity National Title Co
U S Bank N A $102,600 None Available
Moran Robert E $53,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saadi Nick $46,000
Previous Owner Moran Betty J $210,000
Previous Owner Moran Robert E $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2018 10/12/18 Sold $70,000 0.0% $82 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $70,000 -- $82 / Sq Ft
Source: Southern Sierra MLS

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 $1,050 $78,081 $13,384 $64,697
2024 $1,021 $76,551 $13,122 $63,429
2023 $1,021 $75,051 $12,865 $62,186
2022 $990 $73,580 $12,613 $60,967
2021 $931 $72,138 $12,366 $59,772
2020 $898 $71,400 $12,240 $59,160
2019 $885 $71,400 $12,240 $59,160
2018 $759 $66,214 $18,737 $47,477
2017 $750 $64,917 $18,370 $46,547
2016 $489 $44,000 $11,000 $33,000
2015 $492 $44,000 $11,000 $33,000
2014 $426 $38,000 $10,000 $28,000
Source: Public Records

Agents Affiliated with this Home

  • Jeannie Verdugo

    Seller's Agent in 2018

    Jeannie Verdugo

    SOUTHERN SIERRA PROPERTIES

    (760) 417-1468

    19 in this area

    104 Total Sales

    Jeannie Verdugo
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Map

Source: Southern Sierra MLS

MLS Number: 2216410

APN: 263-211-11-00-7

California Kern County Lake Isabella 93240

2605 Balsam Ave, Lake Isabella, CA

This home is located at 2605 Balsam Ave, Lake Isabella, CA 93240 since 10 July 2018 and is currently estimated at $163,452, approximately $191 per square foot. This property was built in 1963. 2605 Balsam Ave is a home located in Kern County with nearby schools including Kern Valley High School.

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