NOT LISTED FOR SALE

3407 Terrace Way Bakersfield, CA 93309

Southwest Bakersfield Neighborhood

Estimated Value: $306,411

2 Beds
1 Bath
1,152 Sq Ft
$266/Sq Ft Est. Value

Sale Details

Date Sold: April 19, 2019

Last sale price $146,000 $127 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,001 / mo

25 Days on Market

About This Home

As of April 2019

Great residential income opportunity. Two houses on one lot located at the end of a cul-de-sac. 1 bedroom, 1 bath each. Gas range, vinyl plank flooring through-out except bathroom. Upgraded Anlin windows. Rear house has fenced enclosed yard. Easy access to freeway and walking distance to public transportation.

Last Agent to Sell the Property

Sharon Dickey

Coldwell Banker Preferred,RLT License #01813522 Listed on: 02/23/2019

Coldwell Banker Preferred,RLT

Last Buyer's Agent

Rick Musselman

RE/MAX Golden Empire License #01036614

RE/MAX Golden Empire

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,828 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property

Schools

  • Munsey Elementary School
  • Curran Middle School
  • West High School

Listing and Financial Details

  • Assessor Parcel Number 14924024

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,800
  • Net Operating Income $13,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

6,828 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1947
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • MLS Status: Sold
  • Standard Status: Closed
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1152.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: West
  • Middle Or Junior School: Curran

Lot Info

  • Lot Size Sq Ft: 6828.00
  • Parcel #: 14924024

Multi Family

  • Total Annual Expense: 3000.00
  • Vacancy Factor: 1.00
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.00
  • Property Net Operating Income: 13800.00

MLS Schools

  • Elementary School: Munsey, Millie

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2019
Closed on
Mar 20, 2019
Sold by
Lanier Don L
Bought by
Seller's Agent
Sharon Dickey
Coldwell Banker Preferred,RLT
Buyer's Agent
Rick Musselman
RE/MAX Golden Empire
List Price
$140,000
Sold Price
$146,000
Premium/Discount to List
$6,000
4.29%
Current Estimated Value
$306,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,411
Avg. Annual Appreciation
10.46%
Original Mortgage
$109,500
Outstanding Balance
$94,081
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$212,331

Purchase Details

Closed on
Jan 18, 2013
Sold by
Lanier Deborah S
Bought by
Lanier Don L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2012
Sold by
Vanfossen Eddie L and Vanfossen Van Fossen
Bought by
Lanier Don L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
Tracy Vanfossen Eddie L and Tracy Van Fossen
Bought by
Vanfossen Eddie L and Vanfossen Van Fossen
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southwest Bakersfield, CA

  • Ryan Davidson Real Estate Agent - SafeGuard Realty Investments

    Ryan Davidson

    SafeGuard Realty Investments

    (661) 410-7680

    101 Total Sales

    4 in Southwest Bakersfield

    $179K - $321K Price Range

    Ryan Davidson
     Section Image
  • Mary Flores Real Estate Agent - Wasco Realty

    Mary Flores

    Wasco Realty

    (661) 404-7321

    27 Total Sales

    2 in Southwest Bakersfield

    $330K - $380K Price Range

    Mary Flores
     Section Image
  • Shanti Brinsfield Real Estate Agent - Watson Realty

    Shanti Brinsfield

    Watson Realty

    (661) 387-2585

    109 Total Sales

    3 in Southwest Bakersfield

    $324K - $621K Price Range

    Shanti Brinsfield
     Section Image
  • Sylvia Cable Real Estate Agent - Watson Realty

    Sylvia Cable

    Watson Realty

    (661) 427-2949

    41 Total Sales

    2 in Southwest Bakersfield

    $180K - $300K Price Range

    Sylvia Cable
     Section Image
  • Ernesto Osuna Real Estate Agent - D Best Realty, Inc.

    Ernesto Osuna

    Responds Quickly

    D Best Realty, Inc.

    (661) 451-5689

    163 Total Sales

    5 in Southwest Bakersfield

    $130K - $397K Price Range

    Ernesto Osuna
     Section Image
  • JENNIFER MENDOZA Real Estate Agent - EXP REALTY OF CALIFORNIA INC

    JENNIFER MENDOZA

    EXP REALTY OF CALIFORNIA INC

    (310) 362-9753

    15 Total Sales

    1 in Southwest Bakersfield

    $205,000 Price

    JENNIFER MENDOZA
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$146,000 Placer Title Er
Lanier Don L -- Placer Title Company
Lanier Don L $80,000 Placer Title Company
Vanfossen Eddie L -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $109,500
Previous Owner Lanier Don L $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/19/2019 04/19/19 Sold $146,000 +4.3% $127 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $140,000 -- $122 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,099 $166,116 $45,509 $120,607
2025 $3,023 $162,860 $44,617 $118,243
2024 $2,927 $159,668 $43,743 $115,925
2023 $2,927 $156,538 $42,886 $113,652
2022 $2,737 $153,470 $42,046 $111,424
2021 $2,572 $150,462 $41,222 $109,240
2020 $2,486 $148,920 $40,800 $108,120
2019 $1,809 $95,702 $22,516 $73,186
2018 $1,744 $91,988 $21,643 $70,345
2017 $1,726 $90,185 $21,219 $68,966
2016 $1,614 $88,417 $20,803 $67,614
2015 $1,613 $87,090 $20,491 $66,599
2014 $1,572 $85,385 $20,090 $65,295
Source: Public Records

Agents Affiliated with this Home

  • SD

    Seller's Agent in 2019

    Sharon Dickey

    Coldwell Banker Preferred,RLT

    6 Total Sales

    Sharon Dickey
    Section Image
  • Rick Musselman Real Estate Agent - RE/MAX

    Buyer's Agent in 2019

    Rick Musselman

    RE/MAX

    (661) 615-1500

    1 in this area

    49 Total Sales

    Rick Musselman
    Section Image
See All Agents

Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21902262

Bakersfield Association of REALTORS® / GEMLS

APN: 149-240-24-00-4

California Kern County Bakersfield 93309 Southwest Bakersfield

3407 Terrace Way, Bakersfield, CA

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. 2026.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.