$165,000
SOLD JAN 3, 2017

327 Dr Martin Luther King jr Blvd Bakersfield, CA 93307

Lakeview Neighborhood
-- Bed
-- Bath
2,400 Sq Ft
7,535 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

3% Below List Price

354 Days on Market

About This Home

As of September 2019

Great investment property! All 3 units of this triplex are 2 bed 1 bath renting for $600 per month. Single story complex with very low maintenance seller will consider owner financing please call for details.

Last Agent to Sell the Property

Pete Peralta

Miramar International-Riverwal License #1307225 Listed on: 12/16/2015

Last Buyer's Agent

Octavio Navarrete

Premier Coast Financial Serv. License #01396379

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,512

Year Built

  • Built in 1985

Parking

  • Uncovered Parking

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Schools

  • Fremont Bak Elementary School
  • Compton Middle School
  • Highland School

Additional Features

  • 7,535 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 01918115

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $21,600
  • Net Operating Income $14,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,512

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1985
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2400.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC

Schools

  • High School: Highland
  • Middle Or Junior School: Compton

Lot Info

  • Lot Size Sq Ft: 7535.00
  • Parcel #: 01918115

Multi Family

  • Total Annual Expense: 7560.00
  • Vacancy Factor: 10.00
  • Number Of Units Total: 3
  • Annual Gross Income: 21600.00
  • Property Net Operating Income: 14040.00

MLS Schools

  • Elementary School: Fremont_Bak

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Aug 30, 2019
Sold by
Godoy Alvarez Manuel Saul
Bought by
Resendez Barbara Gonzalez
Seller's Agent
JULISSA MENACHO
Realty ONE Group Zoom
Buyer's Agent
JULISSA MENACHO
Realty ONE Group Zoom
List Price
$293,000
Sold Price
$289,500
Premium/Discount to List
-$3,500
-1.19%
Current Estimated Value
$469,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,222
Avg. Annual Appreciation
8.66%
Original Mortgage
$217,125
Outstanding Balance
$191,014
Interest Rate
3.6%
Estimated Equity
$278,708

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 25, 2019
Sold by
Diaz Carlos Vazquez
Bought by
Resendez Barbara Gonzalez
Seller's Agent
JULISSA MENACHO
Realty ONE Group Zoom
Buyer's Agent
JULISSA MENACHO
Realty ONE Group Zoom
List Price
$293,000
Sold Price
$289,500
Premium/Discount to List
-$3,500
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,125
Outstanding Balance
$191,014
Interest Rate
3.6%
Estimated Equity
$278,708

Purchase Details

Listed on
Jun 25, 2018
Closed on
Jul 16, 2018
Sold by
Robles Martin Alejandro
Bought by
Diaz Carlos Vazques
Seller's Agent
Martin Robles
Realty ONE Group Summit
Buyer's Agent
Martin Robles
Realty ONE Group Summit
List Price
$68,000
Sold Price
$61,000
Premium/Discount to List
-$7,000
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
328.62%

Purchase Details

Closed on
Oct 18, 2016
Sold by
Legin Inc
Bought by
Robles Martin Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
3.94%

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jul 16, 2015
Sold by
Fagalar Rosa Walker
Bought by
Legin Inc
Seller's Agent
Carlos Padilla
Watson Realty
Buyer's Agent
Carlos Padilla
Watson Realty
List Price
$135,000
Sold Price
$120,000
Premium/Discount to List
-$15,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Original Mortgage
$84,000
Interest Rate
3.85%

Purchase Details

Closed on
Mar 30, 2015
Sold by
Fagalar Rosa Walker
Bought by
Fagalar Rosa Walker

Purchase Details

Closed on
Nov 2, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Johnson Marcus Cordell

Purchase Details

Closed on
Jul 29, 2009
Sold by
Cortez Olinda
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 25, 2005
Sold by
Denys Ana C
Bought by
Cortez Olinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9.41%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Arrelleno Jose Felix
Bought by
Cortez Olinda and Denys Ana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
10.05%

Purchase Details

Closed on
Sep 9, 2002
Sold by
Arellano Martha
Bought by
Arellano Jose Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,600
Interest Rate
6.37%

Purchase Details

Closed on
Jul 29, 2002
Sold by
Hud
Bought by
Arellano Jose Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,600
Interest Rate
6.37%

Purchase Details

Closed on
Nov 28, 2001
Sold by
Gonzalez Abraham
Bought by
The Leader Mtg Company

Purchase Details

Closed on
Jan 7, 2000
Sold by
Montoya Miguel A and Montoya Maria
Bought by
Gonzalez Abraham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,847
Interest Rate
8.14%

Purchase Details

Closed on
Jul 8, 1998
Sold by
Deavila John S and Deavila Ezaura B
Bought by
Southern Pacific Secured Assets Corp Mtg

Purchase Details

Closed on
Mar 15, 1995
Sold by
Castillo Juan H and Castillo Sally J
Bought by
Deavila John S and Deavila Ezaura B

Purchase Details

Closed on
Dec 9, 1994
Sold by
Deavila John S and Deavila Ezaura B
Bought by
Castillo Juan H and Castillo Sally J

Purchase Details

Closed on
Jul 20, 1994
Sold by
Castillo Juan H and Castillo Sally J
Bought by
Deavila John S and Deavila Ezaura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.53%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Deavila John S and Deavila Ezaura B
Bought by
Castillo Juan H and Castillo Sally J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.53%

Purchase Details

Closed on
May 26, 1994
Sold by
Castillo Juan H and Castillo Sally J
Bought by
Deavila John S and Deavila Ezaura B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.53%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Chicago Title Bakersfield
Warranty Deed $289,500 Chicago Title Bakersfield
Warranty Deed $61,000 Placer Title Co
Warranty Deed $165,000 Chicago Title Company
Warranty Deed $120,000 Stewart Title Of Ca Inc
Warranty Deed -- Stewart Title
Warranty Deed $63,000 Stewart Title
Warranty Deed $70,000 None Available
Warranty Deed $150,000 Stewart Title
Warranty Deed $220,000 Stewart Title
Warranty Deed -- Fidelity National Title Co
Warranty Deed $78,500 Fidelity National Title Co
Trustee Deed $83,158 Fidelity National Title
Warranty Deed $75,000 Commonwealth Land Title Co
Warranty Deed $47,000 Fidelity National Title Ins
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $75,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $217,125 No Value Available
Previous Owner $65,000 Unknown
Previous Owner $162,011 No Value Available
Previous Owner $84,000 No Value Available
Previous Owner $300,000 No Value Available
Previous Owner $187,000 No Value Available
Previous Owner $58,600 No Value Available
Previous Owner $74,847 No Value Available
Previous Owner $62,000 No Value Available
Closed $4,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $289,500 -1.2% $121 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $293,000 +380.3% $122 / Sq Ft
08/28/2018 08/28/18 Sold $61,000 -10.3% $25 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $68,000 -58.8% $28 / Sq Ft
01/03/2017 01/03/17 Sold $165,000 -2.9% $69 / Sq Ft
12/04/2016 12/04/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $170,000 +41.7% $71 / Sq Ft
07/21/2015 07/21/15 Sold $120,000 -11.1% $50 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $135,000 -- $56 / 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 $5,512 $317,151 $43,743 $273,408
2024 $5,512 $310,934 $42,886 $268,048
2023 $5,385 $304,839 $42,046 $262,793
2022 $5,239 $298,863 $41,222 $257,641
2021 $4,943 $293,004 $40,414 $252,590
2020 $4,840 $290,000 $40,000 $250,000
2019 $1,615 $25,500 $25,500 $0
2018 $3,316 $168,300 $20,400 $147,900
2017 $2,770 $122,400 $30,600 $91,800
2016 $2,607 $120,000 $30,000 $90,000
2015 $2,006 $67,659 $16,108 $51,551
2014 -- $66,335 $15,793 $50,542
Source: Public Records

Agents Affiliated with this Home

  • JULISSA MENACHO

    Seller's Agent in 2019

    JULISSA MENACHO

    Realty ONE Group Zoom

    (661) 493-4840

    5 in this area

    98 Total Sales

    JULISSA MENACHO
    Section Image

  • M

    Seller's Agent in 2018

    Martin Robles

    Realty ONE Group Summit

  • Pete Peralta

    Seller's Agent in 2017

    Pete Peralta

    Miramar International-Riverwal

    (661) 805-1053

    1 in this area

    174 Total Sales

    Pete Peralta
    Section Image

  • O

    Buyer's Agent in 2017

    Octavio Navarrete

    Premier Coast Financial Serv.

    Section Image
  • Carlos Padilla

    Seller's Agent in 2015

    Carlos Padilla

    Watson Realty

    (661) 859-5762

    144 Total Sales

    Carlos Padilla
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21514524

Bakersfield Association of REALTORS® / GEMLS

APN: 019-181-15-00-0

California Kern County Bakersfield 93307 Lakeview

327 Dr Martin Luther King jr Blvd, Bakersfield, CA

This home is located at 327 Dr Martin Luther King jr Blvd, Bakersfield, CA 93307 and is currently priced at $165,000, approximately $68 per square foot. This property was built in 1985. 327 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.

Nearby Homes