3108 Park Way Bakersfield, CA 93304
Oleander-Sunset Neighborhood
--
Bed
--
Bath
1,431
Sq Ft
6,098
Sq Ft Lot
About This Home
As of April 2025(3/14 update): Both Units now vacant and ready for new tenants (or for an owner-purchase who wants a separate detached unit for mother in law or to rent). Attention Investors - Bread-and-Butter Cash-Flow 2-homes-on-one-lot in highly desirable Oleander neighborhood. Front house is 3bed, 1bath and back house is a 1bed, 1bath. NEW HVAC installed in front home in Winter 2023. Low maintenance tile floors. Low vacancy area; property management reports there are wait lists for this neighborhood due to easy access to freeway, employment, schools and restaurants. Projected rent is $1800 for front house and $800-$900 for back house ($2650/month).
Last Agent to Sell the Property
Miramar International-Riverwal License #01274779 Listed on: 10/30/2024
Co-Listed By
Dan Shanyfelt
Miramar International-Riverwal License #01388129
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,207
Year Built
- Built in 1939
Parking
- 1 Car Parking Space
Home Design
- Duplex
Interior Spaces
- 1,431 Sq Ft Home
- 1-Story Property
Schools
- Penn Elementary School
- Emerson Middle School
- Bakersfield High School
Additional Features
- 6,098 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 00704120
Community Details
Overview
- 2 Units
- Sunset Park Subdivision
Building Details
- Gross Income $32,400
- Net Operating Income $28,560
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2025
Closed on
Apr 11, 2025
Sold by
Zilco Llc
Bought by
Francisca Ahumada Bravo Living Trust and Bravo
Seller's Agent
Tara Alvarez
Miramar International-Riverwal
Buyer's Agent
Alma Herrera Montanez
Emerge Real Estate
List Price
$334,000
Sold Price
$303,000
Premium/Discount to List
-$31,000
-9.28%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,488
Avg. Annual Appreciation
1.30%
Original Mortgage
$242,400
Outstanding Balance
$241,755
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$62,733
Similar Homes in Bakersfield, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $303,000 | Stewart Title Of California |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $242,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Sold | $303,000 | 0.0% | $274 / Sq Ft |
| 04/17/2025 04/17/25 | Sold | $303,000 | -9.3% | $212 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $334,000 | +9.7% | $302 / Sq Ft |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | Price Changed | $304,500 | 0.0% | $213 / Sq Ft |
| 03/14/2025 03/14/25 | For Sale | $304,500 | +1.8% | $213 / Sq Ft |
| 03/10/2025 03/10/25 | Pending | -- | -- | -- |
| 03/05/2025 03/05/25 | Price Changed | $299,000 | +0.3% | $209 / Sq Ft |
| 02/18/2025 02/18/25 | For Sale | $298,000 | 0.0% | $208 / Sq Ft |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- |
| 01/17/2025 01/17/25 | Price Changed | $298,000 | -0.3% | $208 / Sq Ft |
| 01/08/2025 01/08/25 | Price Changed | $299,000 | -0.2% | $209 / Sq Ft |
| 12/11/2024 12/11/24 | Price Changed | $299,500 | -0.1% | $209 / Sq Ft |
| 10/30/2024 10/30/24 | For Sale | $299,900 | +167.8% | $210 / Sq Ft |
| 10/26/2016 10/26/16 | Sold | $112,000 | +45.5% | $101 / Sq Ft |
| 09/26/2016 09/26/16 | Pending | -- | -- | -- |
| 02/18/2016 02/18/16 | For Sale | $77,000 | -- | $70 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
Tax History Compared to Growth
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 | $2,207 | $129,977 | $29,011 | $100,966 |
| 2024 | $2,207 | $127,430 | $28,443 | $98,987 |
| 2023 | $2,157 | $124,933 | $27,886 | $97,047 |
| 2022 | $2,100 | $122,485 | $27,340 | $95,145 |
| 2021 | $1,995 | $120,084 | $26,804 | $93,280 |
| 2020 | $1,959 | $118,854 | $26,530 | $92,324 |
| 2019 | $1,921 | $118,854 | $26,530 | $92,324 |
| 2018 | $1,879 | $114,240 | $25,500 | $88,740 |
| 2017 | $1,867 | $112,000 | $25,000 | $87,000 |
| 2016 | $2,184 | $151,000 | $38,000 | $113,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Alvarez
T
Seller's Agent in 2025
Tara Alvarez
Miramar International-Riverwal
(661) 282-8980
11 in this area
82 Total Sales
-
D
Seller Co-Listing Agent in 2025
Dan Shanyfelt
Miramar International-Riverwal
-
Alma Herrera Montanez
Buyer's Agent in 2025
Alma Herrera Montanez
Emerge Real Estate
(661) 371-6885
5 in this area
123 Total Sales
-
Korina Cera
Seller's Agent in 2016
Korina Cera
Hero Real Estate, Inc.
(661) 549-2000
8 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202411205
APN: 007-041-20-00-6
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Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.
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