NOT LISTED FOR SALE

309 Wilson Ave Bakersfield, CA 93308

Estimated Value: $202,000 - $269,000

3 Beds
1 Bath
1,362 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $220,000 $162 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,440/month

18 Days on Market

About This Home

As of June 2024

We are thrilled to present an exceptional investment opportunity at 309 Wilson Ave, Bakersfield, CA 93308. This value-add duplex features two homes on a single lot, offering tremendous potential for both investors and homeowners alike. The front unit boasts 2 bedrooms and 1 bathroom, providing a spacious living area perfect for tenants or owner-occupiers. The back unit is a charming 1 bedroom, 1 bathroom residence, ideal for additional rental income or extended family living. With significant upside potential, this property represents one of the most affordable income-generating opportunities in California. Don't miss out on this rare chance to enhance your portfolio with a promising asset! Seller financing available

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 05/24/2024

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,662

Parking

  • Uncovered Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property

Schools

  • Standard Elementary And Middle School
  • North High School

Additional Features

  • 5,662 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 11318209

Community Details

Overview

  • 2 Units
  • Oildale Annex Subdivision

Building Details

  • Gross Income $14,400
  • Net Operating Income $8,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1945
  • Building Stories: 1
  • Deposit Amount Required: 5000.00
  • Property Sub Type: 2 homes on 1 Lot
  • Lot Size Acres: 0.1300
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1362.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative, Other

Schools

  • High School: North
  • Middle Or Junior School: Standard

Lot Info

  • Zoning Description: R2
  • Lot Size Sq Ft: 5662.00
  • Parcel #: 11318209

Multi Family

  • Total Annual Expense: 5760.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Annual Gross Income: 14400.00
  • Property Net Operating Income: 8940.00

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jun 14, 2024
Sold by
Xontera Corporation
Bought by
Jaime Daniel and Jaime Lorena Elizabeth
Seller's Agent
Esteban Contreras
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$220,000
Sold Price
$220,000
Views
49
Current Estimated Value
$243,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,340
Avg. Annual Appreciation
6.72%

Purchase Details

Listed on
May 24, 2024
Closed on
May 5, 2024
Sold by
Peterson Jeffrey
Bought by
Xontera Corporation
Seller's Agent
Esteban Contreras
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$220,000
Sold Price
$220,000
Views
49

Purchase Details

Closed on
Apr 11, 2024
Sold by
Peterson Sandra and Peterson Jeffrey
Bought by
Peterson Jeffrey

Purchase Details

Closed on
Jun 6, 2008
Sold by
Padilla Richard
Bought by
Us Bank Na and Mastr Adjustable Mortgages Trust 2007-Hf
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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Purchase History

Date Buyer Sale Price Title Company
Jaime Daniel $220,000 Chicago Title
Xontera Corporation $165,000 Chicago Title
Peterson Jeffrey -- None Listed On Document
Us Bank Na $129,484 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $220,000 0.0% $162 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $220,000 -- $162 / 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 $2,020 $224,400 $51,000 $173,400
2024 $1,930 $37,858 $25,241 $12,617
2023 $1,930 $37,117 $24,747 $12,370
2022 $1,746 $36,390 $24,262 $12,128
2021 $1,582 $35,678 $23,787 $11,891
2020 $1,477 $35,314 $23,544 $11,770
2019 $1,457 $35,314 $23,544 $11,770
2018 $1,312 $33,945 $22,631 $11,314
2017 $1,286 $33,281 $22,188 $11,093
2016 $1,234 $32,629 $21,753 $10,876
2015 $1,222 $32,140 $21,427 $10,713
2014 $1,215 $31,512 $21,008 $10,504
Source: Public Records

Agents Affiliated with this Home

  • Esteban Contreras

    Seller's Agent in 2024

    Esteban Contreras

    Watson Realty

    (661) 617-0074

    148 Total Sales

    Esteban Contreras
    Section Image
  • Eric Van Denk

    Seller Co-Listing Agent in 2024

    Eric Van Denk

    Central Valley Property Adviso

    (419) 206-7117

    259 Total Sales

    Eric Van Denk
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Non-Member

    Non-Member Office

See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202405159

Bakersfield Association of REALTORS® / GEMLS

APN: 113-182-09-00-7

California Kern County Bakersfield 93308

309 Wilson Ave, Bakersfield, CA

Not Listed for Sale

MultiFamily

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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