NOT LISTED FOR SALE

3000 Ming Ave Bakersfield, CA 93304

Benton Park Neighborhood

Estimated Value: $6,967,405

-- Bed
-- Bath
16,064 Sq Ft
$434/Sq Ft Est. Value

About This Home

This home is located at 3000 Ming Ave, Bakersfield, CA 93304 and is currently estimated at $6,967,405, approximately $433 per square foot. 3000 Ming Ave is a home located in Kern County with nearby schools including Evergreen Elementary School, Curran Middle School, and West High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Pacheco Co Inc
Bought by
Success Bakersfield Llc
Current Estimated Value
$6,967,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,999,200
Outstanding Balance
$3,634,177
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,304,957

Purchase Details

Closed on
Dec 2, 2016
Sold by
Kasm Property Llc
Bought by
Pacheco Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 17, 2015
Sold by
Oberti Alessini Rental Account Ltd
Bought by
Elkasm Farid and Elkasm Rima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2015
Sold by
Elkasm Farid and Elkasm Rima
Bought by
Kasm Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2012
Sold by
Oberti Alessini Rental Account
Bought by
Oberti Alessini Rental Account Ltd
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Success Bakersfield Llc $4,999,000 First American Title Company
Pacheco Co Inc $5,100,000 Ticor Title Company
Elkasm Farid $2,800,000 Fidelity Natl Title Newport
Kasm Property Llc -- Accommodation
Oberti Alessini Rental Account Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Success Bakersfield Llc $3,999,200
Previous Owner Pacheco Co Inc $5,000,000
Previous Owner Pacheco Co Inc $3,000,000
Previous Owner Elkasm Farid $1,500,000
Previous Owner Kasm Property Llc $1,500,000
Source: Public Records

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 $62,669 $5,411,076 $1,154,954 $4,256,122
2024 $61,589 $5,304,977 $1,132,308 $4,172,669
2023 $61,589 $5,200,958 $1,110,106 $4,090,852
2022 $60,735 $5,098,980 $1,088,340 $4,010,640
2021 $46,638 $3,866,000 $555,000 $3,311,000
2020 $65,709 $5,412,158 $724,804 $4,687,354
2019 $64,383 $5,412,158 $724,804 $4,687,354
2018 $62,768 $5,202,000 $696,660 $4,505,340
2017 $62,560 $5,100,000 $683,000 $4,417,000
2016 $31,630 $2,800,000 $768,000 $2,032,000
2015 $28,657 $2,500,000 $515,000 $1,985,000
2014 $28,250 $2,500,000 $515,000 $1,985,000
Source: Public Records

Map

California Kern County Bakersfield 93304 Benton Park

3000 Ming Ave, Bakersfield, CA

This home is located at 3000 Ming Ave, Bakersfield, CA 93304 and is currently estimated at $6,967,405, approximately $433 per square foot. 3000 Ming Ave is a home located in Kern County with nearby schools including Evergreen Elementary School, Curran Middle School, and West 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.

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