NOT LISTED FOR SALE

Estimated Value: $94,000 - $255,000

3 Beds
1 Bath
1,028 Sq Ft
$191/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $58,700 $57 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $1,193/month

About This Home

As of June 2022

This may take some creative vision for the pot of gold at the end of this rainbow. This HUD Home was originally a 3-bedroom, 1-bath, and 1,028 sq ft. The house has extensive fire damage and is labeled not safe for occupancy. The value may be in the land as it is 5,227 sq ft, offers corner alley access and is zoned R3. There is potential for to remove the existing house and build multi-family units. The property provides a convenient location as it is located near schools and commercial services. PROPERTY BEING SOLD AS IS- PROPERTY HAS 2 SUBSTANDARD LIENS: can only be cleared by pulling permits and demolishing the existing structure or rehabbing the current structure to current building codes. Being sold As-Is and buyer assuming responsibility of these liens and working this out with the County; Buyers will need to sign hold harmless at closing https://www.tourfactory.com/2960026 HUD case number 045-638604. HUD Homes are sold As Is. LBP disclosure

Last Agent to Sell the Property

Tim McCrary

Stockdale Real Estate Group License #01428355 Listed on: 02/28/2022

Last Buyer's Agent

AJ Bhuee

Watson Realty License #01906247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1952

Lot Details

  • 5,227 Sq Ft Lot
  • Zoning described as R3 Zoning per city GIS zoning map. Buyer and buyer's agent to verify.

Parking

  • Uncovered Parking

Interior Spaces

  • 1,028 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Owens Elementary School
  • Chipman Middle School
  • Bakersfield High School

Community Details

  • Town Kern Subdivision

Listing and Financial Details

  • HUD Owned
  • Assessor Parcel Number 01740001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,792

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type 2: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1952
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: HUD
  • Lot Size Acres: 0.1200
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 3
  • Living Area: 1028.00

Exterior Features

  • Roof: Other
  • Disclosures: HUD
  • Pool Features: None

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Association/Amenities

  • Site Amenities: Alley

Schools

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

Lot Info

  • Zoning Description: R3 Zoning per city GIS zoning map. Buyer and buyer's agent to verify.
  • Lot Size Sq Ft: 5227.00
  • Parcel #: 01740001

MLS Schools

  • Elementary School: Owens, B. E.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2022
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban Development
Current Estimated Value
$196,775

Purchase Details

Closed on
Oct 7, 2005
Sold by
Mendoza Mercedes D and Mendoza Melesio G
Bought by
Mendoza Mercedes D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.32%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Secretary Of Housing And Urban Development $210,930 Wfg National Title
Secretary Of Housing & Urban Development $210,930 Accommodation
Mendoza Mercedes D -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendoza Mercedes D $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $58,700 +0.3% $57 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $58,500 -- $57 / 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 $1,792 $62,610 $57,304 $5,306
2024 $1,393 $61,383 $56,181 $5,202
2023 $1,393 $60,180 $55,080 $5,100
2022 $1,438 $73,699 $28,273 $45,426
2021 $5,987 $72,255 $27,719 $44,536
2020 $5,987 $71,515 $27,435 $44,080
2019 $1,276 $71,515 $27,435 $44,080
2018 $1,249 $68,740 $26,371 $42,369
2017 $1,237 $67,393 $25,854 $41,539
2016 $1,156 $66,073 $25,348 $40,725
2015 $1,144 $65,082 $24,968 $40,114
2014 $1,097 $63,000 $16,000 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202202027

Bakersfield Association of REALTORS® / GEMLS

APN: 017-400-01-00-1