NOT LISTED FOR SALE

305 Dr Martin Luther King jr Blvd Bakersfield, CA 93307

Lakeview Neighborhood

Estimated Value: $363,357 - $414,000

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

Last Sold December 19, 2019

Last sale price $240,000

Est. 66% increase in value since last sale

Current estimated payment $2,438/month

About This Home

As of December 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: 05/03/2019

Last Buyer's Agent

Lakhdeep Singh

Unknown Broker License #02023133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,906

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 01918129

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

$3,906

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 #: 01918129

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
May 3, 2019
Closed on
Nov 20, 2019
Sold by
A & J Homes Llc
Bought by
Singh Maninder and Bal Sharanjit K
Seller's Agent
Dalia Beckman
Watson Realty
Buyer's Agent
Lakhdeep Singh
Unknown Broker
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Current Estimated Value
$399,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,589
Avg. Annual Appreciation
9.11%
Original Mortgage
$180,000
Outstanding Balance
$158,354
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$241,235

Purchase Details

Listed on
Apr 2, 2016
Closed on
Oct 6, 2016
Sold by
A & J Homes Llc
Bought by
A & J Homes Llc
Seller's Agent
Mark Gay
Unknown Broker
Buyer's Agent
Dalia Beckman
Watson Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.45%

Purchase Details

Listed on
Apr 2, 2016
Closed on
Aug 16, 2016
Sold by
Hawatmeh Alexander Elias
Bought by
A & J Homes Llc
Seller's Agent
Mark Gay
Unknown Broker
Buyer's Agent
Dalia Beckman
Watson Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Purchase Details

Listed on
Apr 2, 2016
Closed on
Aug 15, 2016
Sold by
Hawatmaeh Francesca
Bought by
Hawatmal Alexander Elias
Seller's Agent
Mark Gay
Unknown Broker
Buyer's Agent
Dalia Beckman
Watson Realty
List Price
$49,900
Sold Price
$45,000
Premium/Discount to List
-$4,900
-9.82%

Purchase Details

Closed on
Mar 6, 2012
Sold by
Hawatmeh Raji A
Bought by
Hawatmeh Alexander Elias

Purchase Details

Closed on
Mar 19, 2009
Sold by
Pope D C
Bought by
Hawatmeh Raji A
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
Singh Maninder $240,000 Placer Title Company
A & J Homes Llc -- First American Title Company
A & J Homes Llc $45,000 First American Title Company
Hawatmal Alexander Elias -- First American Title Company
Hawatmeh Alexander Elias -- None Available
Hawatmeh Raji A $19,099 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Maninder $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2019 12/19/19 Sold $240,000 -7.7% --
11/19/2019 11/19/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $260,000 +477.8% --
10/05/2016 10/05/16 Sold $45,000 -9.8% -- View Prior Sale
09/05/2016 09/05/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $49,900 -- --
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 $3,906 $262,470 $43,743 $218,727
2024 $3,906 $257,325 $42,886 $214,439
2023 $3,823 $252,281 $42,046 $210,235
2022 $3,733 $247,335 $41,222 $206,113
2021 $3,538 $242,486 $40,414 $202,072
2020 $3,468 $240,000 $40,000 $200,000
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

  • D

    Seller's Agent in 2019

    Dalia Beckman

    Watson Realty

    3 in this area

    75 Total Sales

    Dalia Beckman
    Section Image

  • L

    Buyer's Agent in 2019

    Lakhdeep Singh

    Unknown Broker

    Section Image

  • M

    Seller's Agent in 2016

    Mark Gay

    Unknown Broker

    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21905246

Bakersfield Association of REALTORS® / GEMLS

APN: 019-181-29-00-1

California Kern County Bakersfield 93307 Lakeview

305 Dr Martin Luther King jr Blvd, Bakersfield, CA

This home is located at 305 Dr Martin Luther King jr Blvd, Bakersfield, CA 93307 since 03 May 2019 and is currently estimated at $399,589. This property was built in 2018. 305 Dr Martin Luther King jr Blvd is a home located in Kern County with nearby schools including Fremont Elementary School, Chipman Junior High School, and Mira Monte 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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