T
Seller's Agent in 2020
Tara Alvarez
Miramar Realty
(661) 282-8980
8 in this area
82 Total Sales
331 Lincoln St Bakersfield, CA 93305
East Bakersfield NeighborhoodEstimated Value: $325,204 - $355,000
4
Beds
2
Baths
2,238
Sq Ft
$150/Sq Ft
Est. Value
About This Home
As of February 2020Attention Investors! Incredible high cash-flow investment opportunity in Central Bakersfield. Two large units with long-term tenants. Units are 2-bed, 1-bath. One car detached garage for each unit. Both units have separate LARGE yards. Conveniently located within walking distance to schools, shopping, and employment. Great rental area with VERY LOW vacancy rate. Both units have rental rate upside. Professionally managed. Units are occupied, drive-by ONLY - please do not disturb tenants. Make offers subject to interior inspection. This one is the perfect Cash-cow to add to your portfolio!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1936
Lot Details
- 7,488 Sq Ft Lot
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,238 Sq Ft Home
- 1-Story Property
Schools
- Jefferson Bak Elementary School
- Stiern Middle School
- Highland School
Listing and Financial Details
- Assessor Parcel Number 01234015
Community Details
Overview
- 2 Units
- Alta Vista Subdivision
Building Details
- Gross Income $16,680
- Net Operating Income $12,080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 16, 2024
Sold by
Chavez Erica
Bought by
Chavez Erica and Chavez David
Current Estimated Value
Purchase Details
Listed on
Jan 3, 2020
Closed on
Jan 9, 2020
Sold by
Kern County Real Estate Inc
Bought by
Chavez Pablo and Chavez Erica
Seller's Agent
Tara Alvarez
Miramar Realty
Buyer's Agent
Melinda Clemmer
Clemmer and Company Real Estat
List Price
$199,900
Sold Price
$199,000
Premium/Discount to List
-$900
-0.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$149,250
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2013
Sold by
Banda Augustine and Banda Patricia
Bought by
Kern County Real Estate Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 16, 1998
Sold by
Chapin Betty Lou and Chapin Herbert David
Bought by
Banda Augustine and Banda Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,300
Interest Rate
6.91%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chavez Erica | -- | None Listed On Document | |
| Chavez Pablo | -- | None Listed On Document | |
| Chavez Erica | -- | None Listed On Document | |
| Chavez Pablo | $199,000 | Placer Title Company | |
| Kern County Real Estate Inc | $88,000 | Placer Title Company | |
| Banda Augustine | $68,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chavez Pablo | $149,250 | |
| Previous Owner | Kern County Real Estate Inc | $70,000 | |
| Previous Owner | Banda Augustine | $54,300 | |
| Closed | Banda Augustine | $6,795 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/10/2020 02/10/20 | Sold | $199,000 | -0.5% | $89 / Sq Ft |
| 01/11/2020 01/11/20 | Pending | -- | -- | -- |
| 01/03/2020 01/03/20 | For Sale | $199,900 | -- | $89 / Sq Ft |
Source: Bakersfield Association of REALTORS® / GEMLS
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 | $3,747 | $217,630 | $38,275 | $179,355 |
| 2024 | $3,747 | $213,364 | $37,525 | $175,839 |
| 2023 | $3,661 | $209,182 | $36,790 | $172,392 |
| 2022 | $3,562 | $205,081 | $36,069 | $169,012 |
| 2021 | $3,365 | $201,061 | $35,362 | $165,699 |
| 2020 | $2,652 | $145,711 | $33,624 | $112,087 |
| 2019 | $2,601 | $145,711 | $33,624 | $112,087 |
| 2018 | $3,531 | $140,055 | $32,319 | $107,736 |
| 2017 | $2,527 | $137,310 | $31,686 | $105,624 |
| 2016 | $2,350 | $134,618 | $31,065 | $103,553 |
| 2015 | $2,330 | $132,597 | $30,599 | $101,998 |
| 2014 | $2,256 | $130,000 | $30,000 | $100,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Alvarez
-
Melinda Clemmer
Buyer's Agent in 2020
Melinda Clemmer
Clemmer and Company Real Estat
(661) 330-2253
2 in this area
102 Total Sales
Map
Source: Bakersfield Association of REALTORS® / GEMLS
MLS Number: 202000073
APN: 012-340-15-00-0
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.
Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.
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