NOT LISTED FOR SALE

289 E Orange Ave Shafter, CA 93263

Estimated Value: $220,000 - $255,000

2 Beds
1 Bath
845 Sq Ft
$279/Sq Ft Est. Value

Last Sold March 01, 2012

Last sale price $47,000 $56 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $1,308/month

29 Days on Market

About This Home

As of March 2012

Bank owned Shafter Home on Corner Lot. 2 bed, 1 bath & Basement (3rd bed, no Closet). Lots of concrete in the rear yard + storage shed + additional building that appears to be a converted 1 car garage with toilet and sink (possible M. I. L. unit??). Tons of potential and perfect for investors.

Last Agent to Sell the Property

Larry Jones

Turn-Key Realty Referral Serv. License #01380318 Listed on: 01/31/2012

Last Buyer's Agent

Larry Jones

Turn-Key Realty Referral Serv. License #01380318 Listed on: 01/31/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 4,998 Sq Ft Lot
  • Zoning described as R1

Home Design

  • Composition Roof

Interior Spaces

  • 845 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 02823211

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1939
  • Building Stories: 1
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1147
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 845.00

Exterior Features

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

Garage/Parking

  • Parking Features: None

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Association/Amenities

  • Site Amenities: Corner

Schools

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

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 4998.00
  • Parcel #: 02823211

MLS Schools

  • Elementary School: Richland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
Mar 13, 2012
Sold by
Ali Khaled S
Bought by
Medina Lua Juan Herman and Medina De Lua Graciela
Seller's Agent
Larry Jones
Turn-Key Realty Referral Serv.
Buyer's Agent
Larry Jones
Turn-Key Realty Referral Serv.
List Price
$45,900
Sold Price
$47,000
Premium/Discount to List
$1,100
2.4%
Current Estimated Value
$236,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,162
Avg. Annual Appreciation
12.33%

Purchase Details

Listed on
Jan 31, 2012
Closed on
Feb 21, 2012
Sold by
The Bank Of New York Mellon
Bought by
Ali Khaled S
Seller's Agent
Larry Jones
Turn-Key Realty Referral Serv.
Buyer's Agent
Larry Jones
Turn-Key Realty Referral Serv.
List Price
$45,900
Sold Price
$47,000
Premium/Discount to List
$1,100
2.4%

Purchase Details

Listed on
Jan 31, 2012
Closed on
Feb 17, 2012
Sold by
Ali Maryam H
Bought by
Ali Khaled S
Seller's Agent
Larry Jones
Turn-Key Realty Referral Serv.
Buyer's Agent
Larry Jones
Turn-Key Realty Referral Serv.
List Price
$45,900
Sold Price
$47,000
Premium/Discount to List
$1,100
2.4%

Purchase Details

Closed on
Dec 9, 2011
Sold by
Garcia Ulises
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 11, 2007
Sold by
Garcia Ulises and Ramirez Edicheira
Bought by
Garcia Ulises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2005
Sold by
Madrigal Jose C and Garcia Edicheira R
Bought by
Garcia Ulises Uriel Diaz and Ramirez Edicheira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1996
Sold by
Madrigal Jose and Ramirez Edicheira
Bought by
Madrigal Jose C and Garcia Edicheira R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.91%

Purchase Details

Closed on
Feb 23, 1996
Sold by
Montgomery Charlie G and Montgomery Aline G
Bought by
Madrigal Jose and Ramirez Edicheira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,359
Interest Rate
6.98%
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
Medina Lua Juan Herman $49,500 None Available
Ali Khaled S $470,000 Landsafe Title Simi Valley
Ali Khaled S -- Landsafe Title
The Bank Of New York Mellon $42,075 Landsafe Title
Garcia Ulises $69,000 Chicago Title Company
Garcia Ulises Uriel Diaz $53,500 Chicago Title
Madrigal Jose C -- First American Title Ins Co
Madrigal Jose $63,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Ulises $138,000
Previous Owner Garcia Ulises Uriel Diaz $106,200
Previous Owner Madrigal Jose C $15,000
Previous Owner Madrigal Jose $63,359
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2012 03/01/12 Sold $47,000 +2.4% $56 / Sq Ft
01/31/2012 01/31/12 For Sale $45,900 -- $54 / 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 $876 $59,023 $12,555 $46,468
2024 $876 $57,866 $12,309 $45,557
2023 $846 $56,732 $12,068 $44,664
2022 $793 $55,621 $11,832 $43,789
2021 $733 $54,531 $11,600 $42,931
2020 $700 $53,973 $11,482 $42,491
2019 $697 $53,973 $11,482 $42,491
2018 $672 $51,879 $11,037 $40,842
2017 $665 $50,863 $10,821 $40,042
2016 $631 $49,866 $10,609 $39,257
2015 $605 $49,118 $10,450 $38,668
2014 $580 $48,157 $10,246 $37,911
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Larry Jones

    Turn-Key Realty Referral Serv.

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21201248

Bakersfield Association of REALTORS® / GEMLS

APN: 028-232-11-00-5

California Kern County Shafter 93263

289 E Orange Ave, Shafter, CA

Not Listed for Sale

Detached

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