NOT LISTED FOR SALE

3608 Panama Ln Bakersfield, CA 93313

Venola Neighborhood
-- Bed
-- Bath
4,837 Sq Ft
0.29 Acres

Last Sold August 19, 2024

Last sale price $712,000 $147 Per Sq Ft

39 Days on Market

About This Home

As of August 2024

5 unit complex in SW Bakersfield. Each unit is 2 stories. 2 bedroom, 1.5 bath. Each unit has a garage and uncovered parking. Close to area amenities including local shopping centers, restaurants, and thoroughfares.

Last Agent to Sell the Property

Michael Freedman

American Real Estate License #01212171 Listed on: 05/17/2024

Last Buyer's Agent

Pete Peralta

Miramar Realty License #1307225

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.29

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 4,837 Sq Ft Home
  • 2-Story Property

Schools

  • Loudon Elementary School
  • Thompson Middle School
  • Ridgeview High School

Additional Features

  • 0.29 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 37135212

Community Details

Overview

  • 5 Units
  • 4435 A Subdivision

Building Details

  • Gross Income $62,928
  • Net Operating Income $56,781

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1985
  • Building Stories: 2
  • Deposit Amount Required: 7500.00
  • Property Sub Type: 5 - 10 Units
  • Lot Size Acres: 0.2900
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4837.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Garage, Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: Ridgeview
  • Middle Or Junior School: Thompson, F. L.

Lot Info

  • Zoning Description: 0500 - 1 PARCEL W/5-9 UNIT COMPLEX
  • Lot Size Sq Ft: 12632.00
  • Parcel #: 37135212

Multi Family

  • Total Annual Expense: 6146.81
  • Vacancy Factor: 0.01
  • Number Of Units Total: 5
  • Existing Lease Type: Net
  • Annual Gross Income: 62928.00
  • Property Net Operating Income: 56781.19

MLS Schools

  • Elementary School: Loudon, Roy W.

Range of Values:

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2024 08/19/24 Sold $712,000 -0.1% $147 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $712,500 0.0% $147 / Sq Ft
06/02/2024 06/02/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $712,500 -- $147 / 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 $5,047 $712,000 $75,000 $637,000
2024 $5,047 $283,077 $62,393 $220,684
2023 $4,947 $277,527 $61,170 $216,357
2022 $4,741 $272,086 $59,971 $212,115
2021 $4,467 $266,752 $58,796 $207,956
2020 $4,353 $264,018 $58,194 $205,824
2019 $4,315 $264,018 $58,194 $205,824
2018 $4,154 $253,768 $55,935 $197,833
2017 $4,110 $248,793 $54,839 $193,954
2016 $3,885 $243,915 $53,764 $190,151
2015 $3,851 $240,252 $52,957 $187,295
2014 $3,769 $235,547 $51,920 $183,627
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael Freedman

    American Real Estate

    (661) 497-0000

    4 in this area

    112 Total Sales

    Michael Freedman
    Section Image
  • Pete Peralta

    Buyer's Agent in 2024

    Pete Peralta

    Miramar Realty

    (661) 805-1053

    7 in this area

    149 Total Sales

    Pete Peralta
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202404920

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93313 Venola

3608 Panama Ln, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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