NOT LISTED FOR SALE

Estimated Value: $220,000 - $285,000

3 Beds
1 Bath
889 Sq Ft
$283/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $265,000 $298 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,592/month

13 Days on Market

About This Home

As of April 2024

Welcome to 401 Oildale Drive in Bakersfield, CA 93308! Zoned R-2, this property offers versatile living arrangements and investment potential. Step into this delightful 3-bedroom, 2-bathroom home, featuring a separate remodeled unit at the back, ideal for use as an Accessory Dwelling Unit (ADU). Perfect for first-time buyers or investors seeking to broaden their rental portfolio, this property boasts new kitchen cabinets, countertops, fresh flooring, and a crisp coat of paint, enhancing its allure. Additionally, discover updated lighting fixtures throughout, elevating the home's ambiance.

Last Agent to Sell the Property

Jaime Mendez

eXp Realty of California Inc License #02179018 Listed on: 03/21/2024

eXp Realty of California Inc

Last Buyer's Agent

Marisol Hernandez

Elite, Realtors® License #02068492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,410

Year Built

  • Built in 1925

Lot Details

  • 8,276 Sq Ft Lot
  • Zoning described as SGL FAM RES ON R2 ZONED LAND

Parking

  • Uncovered Parking

Home Design

  • Composition Roof

Interior Spaces

  • 889 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Schools

  • Beardsley Elementary And Middle School
  • North High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Orange Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11416004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,410

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1925
  • Building Stories: 1
  • Solar Owned Leased: None
  • Deposit Amount Required: 3000.00
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 3
  • Living Area: 889.00

Exterior Features

  • Roof: Composition
  • Disclosures: None of the Above
  • Pool Features: None

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC, Central Heat

Schools

  • High School: North
  • Middle Or Junior School: Beardsley

Lot Info

  • Zoning Description: SGL FAM RES ON R2 ZONED LAND
  • Lot Size Sq Ft: 8276.00
  • Parcel #: 11416004

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 18, 2024
Sold by
Lambarena Investments Llc
Bought by
Escobar Kelvin Alejandro
Seller's Agent
Jaime Mendez
eXp Realty of California Inc
Buyer's Agent
Marisol Hernandez
Elite, Realtors®
List Price
$269,400
Sold Price
$265,000
Premium/Discount to List
-$4,400
-1.63%
Views
52
Current Estimated Value
$251,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,854
Avg. Annual Appreciation
-4.31%
Original Mortgage
$7,950
Outstanding Balance
$4,406
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$246,740

Purchase Details

Closed on
Dec 22, 2023
Sold by
Logsdon Megan E
Bought by
Lambarena Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 1996
Sold by
Bibee Hubert F and Bibee Hazel Pauline
Bought by
Logsdon Janice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.8%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Escobar Kelvin Alejandro $265,000 Chicago Title
Lambarena Investments Llc $120,000 Chicago Title
Logsdon Janice S $55,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Kelvin Alejandro $7,950
Open Escobar Kelvin Alejandro $257,050
Previous Owner Lambarena Investments Llc $120,000
Previous Owner Logsdon Janice S $42,418
Previous Owner Logsdon Janice S $46,835
Previous Owner Logson Janice S $57,900
Previous Owner Logsdon Janice S $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $265,000 -1.6% $298 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $269,400 -- $303 / 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 $2,410 $270,300 $81,090 $189,210
2024 $1,908 $120,000 $40,000 $80,000
2023 $1,908 $87,794 $15,952 $71,842
2022 $1,820 $86,074 $15,640 $70,434
2021 $1,727 $84,387 $15,334 $69,053
2020 $1,658 $83,522 $15,177 $68,345
2019 $1,639 $83,522 $15,177 $68,345
2018 $1,583 $80,281 $14,589 $65,692
2017 $1,551 $78,707 $14,303 $64,404
2016 $1,423 $73,000 $18,000 $55,000
2015 $1,437 $76,000 $19,000 $57,000
2014 $1,228 $59,000 $15,000 $44,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202402735

Bakersfield Association of REALTORS® / GEMLS

APN: 114-160-04-00-9