NOT LISTED FOR SALE

301 Dr Martin Luther King jr Blvd Bakersfield, CA 93307

Lakeview Neighborhood

Estimated Value: $367,380 - $417,000

6 Beds
4 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold November 15, 2019

Last sale price $245,000

Est. 64% increase in value since last sale

Current estimated payment $2,431/month

About This Home

As of November 2019

Brand new duplex ready for the next first time homebuyer or investor! Live in one and rent another! Brand new everything with tile flooring throughout, fire sprinklers, tankless water heater, indoor utility, AC with manufacture warranty for 10 years, finished parking lot, and more. 3 bedroom, 2 bathrooms, Call for your private showing.

Last Agent to Sell the Property

Dalia Beckman

Watson Realty License #01979065 Listed on: 10/08/2019

Last Buyer's Agent

Kym Plivelich

Marcom Real Estate License #01849454

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 2018

Lot Details

  • 7,405

Home Design

  • Duplex

Additional Features

  • 1-Story Property
  • 7,405 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 01918130

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $21,600
  • Net Operating Income $21,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,886

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 2018
  • Building Stories: 1
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 1

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Central AC,Central Heat

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 01918130

Multi Family

  • Total Annual Expense: 200.00
  • Vacancy Factor: 2.00
  • Number Of Units Total: 2
  • Annual Gross Income: 21600.00
  • Property Net Operating Income: 21400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Oct 22, 2019
Sold by
Reyes Rosalia Cortes
Bought by
Arroyo Roberto Reyes
Seller's Agent
Dalia Beckman
Watson Realty
Buyer's Agent
Kym Plivelich
Marcom Real Estate
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Current Estimated Value
$401,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,595
Avg. Annual Appreciation
8.71%
Original Mortgage
$120,000
Outstanding Balance
$93,082
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$308,513

Purchase Details

Listed on
Oct 8, 2019
Closed on
Oct 21, 2019
Sold by
A & J Homes Llc
Bought by
Arroyo Roberto Reyes
Seller's Agent
Dalia Beckman
Watson Realty
Buyer's Agent
Kym Plivelich
Marcom Real Estate
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$93,082
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$308,513
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
Arroyo Roberto Reyes -- Placer Title Company
Arroyo Roberto Reyes $245,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Roberto Reyes $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $245,000 -5.8% --
10/16/2019 10/16/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $260,000 -- --
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 $3,886 $267,938 $38,275 $229,663
2024 $3,886 $262,685 $37,525 $225,160
2023 $3,885 $257,536 $36,790 $220,746
2022 $3,794 $252,487 $36,069 $216,418
2021 $3,599 $247,537 $35,362 $212,175
2020 $3,529 $245,000 $35,000 $210,000
2019 $2,004 $119,236 $11,236 $108,000
2018 $132 $10,800 $10,800 $0
2017 $139 $11,250 $11,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21911879

Bakersfield Association of REALTORS® / GEMLS

APN: 019-181-30-00-3