NOT LISTED FOR SALE

306 Monterey St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $243,000 - $293,656

2 Beds
1 Bath
1,264 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $222,000 $176 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,722/month

60 Days on Market

About This Home

As of November 2023

Welcome to this fantastic investment opportunity! This property features not one, but two homes on a single lot - a rare find in today's real estate market. Whether you're an experienced investor looking to expand your rental portfolio or a savvy homeowner seeking additional income potential, this is a must-see property.

Last Agent to Sell the Property

Nik Boone

Ascend Real Estate and Propert License #01892266 Listed on: 09/08/2023

Last Buyer's Agent

Aram Zoraian

The Zorian Group Real Estate License #02063802

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,776

Year Built

  • Built in 1923

Lot Details

  • 5,662

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property

Schools

  • Longfellow Elementary School
  • Washington Middle School
  • Bakersfield High School

Additional Features

  • 5,662 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 01406019

Community Details

Overview

  • 2 Units
  • Bakersfield Subdivision

Building Details

  • Gross Income $20,100
  • Net Operating Income $14,035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,776

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1923
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1264.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative

Schools

  • High School: Bakersfield
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size Sq Ft: 5662.00
  • Parcel #: 01406019

Multi Family

  • Total Annual Expense: 6065.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Annual Gross Income: 20100.00
  • Property Net Operating Income: 14035.00

MLS Schools

  • Elementary School: Longfellow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Nov 8, 2023
Sold by
Campuzano Kedma and Campuzano Paul G
Bought by
Perez Ruben Vicente
Seller's Agent
Nik Boone
Ascend Real Estate and Propert
Buyer's Agent
Aram Zoraian
The Zorian Group Real Estate
List Price
$225,000
Sold Price
$222,000
Premium/Discount to List
-$3,000
-1.33%
Views
156
Current Estimated Value
$258,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,664
Avg. Annual Appreciation
8.97%

Purchase Details

Closed on
Oct 2, 2000
Sold by
Martinez Yvonne L
Bought by
Agri Fund Inc and Trust #306
Source: Public Records

Range of Values:

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ICE

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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
Perez Ruben Vicente $226,000 Placer Title
Agri Fund Inc $35,000 American Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $222,000 -1.3% $176 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $225,000 0.0% $178 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $225,000 +4.7% $178 / Sq Ft
12/27/2021 12/27/21 Sold $215,000 +8.0% $170 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $199,000 +128.7% $157 / Sq Ft
07/08/2016 07/08/16 Sold $87,000 -8.4% $69 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $95,000 -- $75 / 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 $3,776 $230,520 $56,100 $174,420
2024 $3,776 $226,000 $55,000 $171,000
2023 $3,665 $219,300 $51,000 $168,300
2022 $3,570 $215,000 $50,000 $165,000
2021 $1,966 $93,279 $32,165 $61,114
2020 $1,966 $92,324 $31,836 $60,488
2019 $1,862 $92,324 $31,836 $60,488
2018 $1,822 $88,740 $30,600 $58,140
2017 $1,806 $87,000 $30,000 $57,000
2016 $1,536 $71,449 $15,532 $55,917
Source: Public Records

Agents Affiliated with this Home

  • Nik Boone

    Seller's Agent in 2023

    Nik Boone

    Ascend Real Estate and Propert

    (661) 679-3854

    6 in this area

    109 Total Sales

    Nik Boone
    Section Image

  • A

    Buyer's Agent in 2023

    Aram Zoraian

    The Zorian Group Real Estate

    Section Image
  • Arnulfo Rivas

    Seller's Agent in 2021

    Arnulfo Rivas

    Sierra Central Real Estate

    (661) 979-0140

    1 in this area

    14 Total Sales

    Arnulfo Rivas
    Section Image
  • Brendan Winans

    Buyer's Agent in 2021

    Brendan Winans

    Winans & Associates

    (661) 742-6270

    3 in this area

    57 Total Sales

    Brendan Winans
    Section Image

  • L

    Seller's Agent in 2016

    Lori Olson

    Miramar International-Riverwal

    19 Total Sales

    Lori Olson
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202309494

Bakersfield Association of REALTORS® / GEMLS

APN: 014-060-19-00-5

California Kern County Bakersfield 93305 East Bakersfield

306 Monterey St, Bakersfield, CA

This home is located at 306 Monterey St, Bakersfield, CA 93305 since 08 September 2023 and is currently estimated at $258,664, approximately $204 per square foot. This property was built in 1923. 306 Monterey St is a home located in Kern County with nearby schools including Longfellow Elementary School, Washington Middle School, and Bakersfield 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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