331 Dr Martin Luther King jr Blvd Bakersfield, CA 93307
Lakeview Neighborhood
7
Beds
3
Baths
2,400
Sq Ft
7,535
Sq Ft Lot
About This Home
As of April 2023A perfect multi-unit property for a first time home buyer who wants to live in one and rent out the others; Also a good start for a first time investor. This property has one unit containing 3 bedrooms/1 bathroom , which is good for owner occupied and rent the other two units with 2 bedrooms/1 bathrooms. Conveniently located and very close proximity to the Freeways.
Last Agent to Sell the Property
Armand Padua
RE/MAX MASTERS REALTY License #01215134 Listed on: 07/27/2016
Last Buyer's Agent
Dominique Borz
License #01343318
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,034
Year Built
- Built in 1985
Lot Details
- 7,535 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
Home Design
- 2,400 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Unassigned Parking
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 4
- Tax Tract Number 1286
- Assessor Parcel Number 019181160000
Community Details
Overview
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $1,256
- New Taxes Expense $2,458
- Operating Expense $3,714
- Gross Income $2,050
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 16, 2023
Closed on
Mar 29, 2023
Sold by
Dias Carlos Vazques
Bought by
Martinez Luis Manuel
Seller's Agent
Deyci Leal
Sierra Central Real Estate
Buyer's Agent
Marissa Griffin
Unknown Broker
List Price
$60,000
Sold Price
$60,000
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
$7,737
Avg. Annual Appreciation
5.54%
Purchase Details
Closed on
Sep 11, 2019
Sold by
Delgado Obedirocio
Bought by
Dias Carlos Vazques
Purchase Details
Listed on
Oct 16, 2018
Closed on
Dec 11, 2018
Sold by
Mcdowell Thomas John
Bought by
Delgado Obedirocio
Seller's Agent
Kyle Korman
Unknown Broker
Buyer's Agent
Maria Leon
Servando Rocha, Broker
List Price
$25,000
Sold Price
$25,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Purchase Details
Listed on
Jul 27, 2016
Closed on
Jul 7, 2017
Sold by
Mariano Matthew and Mariano Amanda
Bought by
Mcdowell Thomas John and Thomas & Victoria Mcdowell Charitable Re
Seller's Agent
Armand Padua
RE/MAX MASTERS REALTY
Buyer's Agent
Dominique Borz
List Price
$229,888
Sold Price
$205,000
Premium/Discount to List
-$24,888
-10.83%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-80.43%
Purchase Details
Listed on
Oct 4, 2014
Closed on
Jan 6, 2015
Sold by
Gonzalez Jose Reyes and Gonzalez Marisela
Bought by
Mariano Matthew and Mariano Amanda
Seller's Agent
Carlos Padilla
Watson Realty
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$154,900
Sold Price
$135,000
Premium/Discount to List
-$19,900
-12.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.03%
Original Mortgage
$101,250
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 29, 2013
Closed on
Apr 19, 2013
Sold by
Landeron Llc
Bought by
Gonzalez Jose Reyes and Gonzalez Marisela
Seller's Agent
Joe Roberson
Unknown Broker
Buyer's Agent
Jacob & Valerie Marquez
Marquez Real Estate Team
List Price
$100,000
Sold Price
$105,000
Premium/Discount to List
$5,000
5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.63%
Original Mortgage
$73,500
Interest Rate
3.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2011
Sold by
Corral Enrique
Bought by
Landeron Llc
Purchase Details
Closed on
Sep 8, 2004
Sold by
Espinosa Ernesto
Bought by
Corral Enrique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 28, 2003
Sold by
Espinosa Ernesto and Valencia Espinosa Janie
Bought by
Espinosa Ernesto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 7, 2000
Sold by
Montoya Miguel A and Montoya Maria
Bought by
Espinosa Ernesto
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
8.26%
Mortgage Type
FHA
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
Oct 21, 1994
Sold by
Castillo Juan H and Castillo Sally J
Bought by
Deavila John S and Deavila Ezaura B
Purchase Details
Closed on
Aug 26, 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
8.73%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 28, 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
8.73%
Mortgage Type
Seller Take Back
Similar Home in Bakersfield, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $60,000 | Chicago Title | |
| Warranty Deed | $35,000 | Chicago Title Bakersfield | |
| Grant Deed | $25,000 | Chicago Title Bakersfield | |
| Grant Deed | $205,000 | North American Title Co | |
| Grant Deed | $135,000 | Stewart Title | |
| Grant Deed | $105,000 | Chicago Title Company | |
| Trustee Deed | -- | Chicago Title Company | |
| Grant Deed | $230,000 | Fidelity Title | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Grant Deed | $75,000 | Commonwealth Land Title Co | |
| Trustee Deed | $47,000 | Fidelity National Title Ins | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $75,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $101,250 | New Conventional | |
| Previous Owner | $73,500 | New Conventional | |
| Previous Owner | $270,000 | New Conventional | |
| Previous Owner | $218,500 | Purchase Money Mortgage | |
| Previous Owner | $113,850 | Purchase Money Mortgage | |
| Previous Owner | $74,847 | FHA | |
| Previous Owner | $62,000 | Seller Take Back | |
| Closed | $4,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2023 04/12/23 | Sold | $60,000 | 0.0% | -- |
| 03/13/2023 03/13/23 | Pending | -- | -- | -- |
| 02/16/2023 02/16/23 | For Sale | $60,000 | +140.0% | -- |
| 12/14/2018 12/14/18 | Sold | $25,000 | 0.0% | -- |
| 11/14/2018 11/14/18 | Pending | -- | -- | -- |
| 10/16/2018 10/16/18 | For Sale | $25,000 | -87.8% | -- |
| 08/31/2017 08/31/17 | Sold | $205,000 | -10.8% | $85 / Sq Ft |
| 06/27/2017 06/27/17 | Pending | -- | -- | -- |
| 11/14/2016 11/14/16 | For Sale | $229,888 | 0.0% | $96 / Sq Ft |
| 10/26/2016 10/26/16 | Pending | -- | -- | -- |
| 07/27/2016 07/27/16 | For Sale | $229,888 | +70.3% | $96 / Sq Ft |
| 02/24/2015 02/24/15 | Sold | $135,000 | -12.8% | -- |
| 01/25/2015 01/25/15 | Pending | -- | -- | -- |
| 10/04/2014 10/04/14 | For Sale | $154,900 | +47.5% | -- |
| 06/03/2013 06/03/13 | Sold | $105,000 | +5.0% | $44 / Sq Ft |
| 05/04/2013 05/04/13 | Pending | -- | -- | -- |
| 03/29/2013 03/29/13 | For Sale | $100,000 | -- | $42 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2024 | $2,034 | $61,200 | $61,200 | -- |
| 2023 | $3,105 | $36,790 | $36,790 | $0 |
| 2022 | $1,640 | $36,069 | $36,069 | $0 |
| 2021 | $1,541 | $35,362 | $35,362 | $0 |
| 2020 | $1,511 | $35,000 | $35,000 | $0 |
| 2019 | $1,367 | $25,500 | $25,500 | $0 |
| 2018 | $3,756 | $205,000 | $40,000 | $165,000 |
| 2017 | $2,982 | $139,799 | $31,066 | $108,733 |
| 2016 | $2,798 | $137,058 | $30,457 | $106,601 |
| 2015 | $2,458 | $107,581 | $20,491 | $87,090 |
| 2014 | $2,728 | $105,475 | $20,090 | $85,385 |
Source: Public Records
Agents Affiliated with this Home
-
Deyci Leal
D
Seller's Agent in 2023
Deyci Leal
Sierra Central Real Estate
3 in this area
24 Total Sales
-
M
Buyer's Agent in 2023
Marissa Griffin
Unknown Broker
-
S
Buyer Co-Listing Agent in 2023
Stephanie Nava
D Best Realty, Inc.
-
K
Seller's Agent in 2018
Kyle Korman
Unknown Broker
-
Maria Leon
M
Buyer's Agent in 2018
Maria Leon
Servando Rocha, Broker
(661) 900-5282
-
A
Seller's Agent in 2017
Armand Padua
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV16165154
APN: 019-181-16-00-3
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