NOT LISTED FOR SALE

407 7th St Taft, CA 93268

Estimated Value: $112,000 - $178,000

2 Beds
1 Bath
918 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $39,000 $42 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $1,071/month

20 Days on Market

About This Home

As of September 2017

Investment opportunity in need of TLC! This property features carport parking, storage/workshop, covered patio, oversized laundry room and more!

Last Agent to Sell the Property

Byron Young

West Valley Real Estate License #01500044 Listed on: 08/09/2017

Last Buyer's Agent

Ricardo Paredes

Unknown Broker License #02032190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1914

Lot Details

  • 2,119 Sq Ft Lot

Parking

  • Carport

Home Design

  • Composition Roof

Interior Spaces

  • 918 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Lincoln Middle School
  • Taft High School

Community Details

  • Southern Pacific Land Cos 03 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03124011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,100

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1914
  • Building Stories: 2
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.0486
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 918.00

Exterior Features

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

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Floor/Wall Heater,Other

Schools

  • High School: Taft
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 2119.00
  • Parcel #: 03124011

MLS Schools

  • Elementary School: Other-Outlying

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Neale Paredes Javier Patricio
Bought by
Ibarra Lucio Briones and Torres Laura Patricia
Current Estimated Value
$153,375

Purchase Details

Closed on
Nov 30, 2017
Sold by
Paredes Ricardo Daniel and Paredes Shuang Liu
Bought by
Paredes Javier Patricio Neale

Purchase Details

Listed on
Aug 9, 2017
Closed on
Sep 25, 2017
Sold by
Mccowan Michael and Michael Mccowan Trust
Bought by
Paredes Ricardo Daniel and Paredes Shuang Liu
Seller's Agent
Byron Young
West Valley Real Estate
Buyer's Agent
Ricardo Paredes
Unknown Broker
List Price
$58,000
Sold Price
$39,000
Premium/Discount to List
-$19,000
-32.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.62%

Purchase Details

Closed on
May 20, 2016
Sold by
Mccowan Michael
Bought by
Mccowan Michael and The Michael Mccowan Trust

Purchase Details

Closed on
Dec 3, 2014
Sold by
Ramirez Stella J and Stella J Ramirez Living Trust
Bought by
Mccowan Michael

Purchase Details

Closed on
Oct 8, 2008
Sold by
Ramirez Stella and Korsgaden Stacy A
Bought by
Ramirez Stella J and Korsgaden Stacy A

Purchase Details

Closed on
Apr 27, 2005
Sold by
Ruse Steven B and Mitchell Ruse Deanna
Bought by
Ramirez Stella J and Korsgaden Stacy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 26, 2004
Sold by
Demarest Fred Maurice
Bought by
Ruse Steven B and Mitchell Ruse Deanna

Purchase Details

Closed on
Jun 7, 1996
Sold by
Demarest Fred M and Demarest Tressie L
Bought by
Demarest Fred Maurice and Demarest Tressie Lea
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
Ibarra Lucio Briones $150,000 Ticor Title
Paredes Javier Patricio Neale $45,000 Placer Title Company
Paredes Ricardo Daniel $39,000 Placer Title Company
Mccowan Michael -- Accommodation
Mccowan Michael $80,000 Stewart Title Of Ca Inc
Ramirez Stella J -- None Available
Ramirez Stella J $80,000 Ticor Title
Ruse Steven B $40,000 Commonwealth Title
Demarest Fred Maurice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Stella J $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $39,000 -32.8% $42 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $58,000 -- $63 / 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 $3,100 $156,060 $20,808 $135,252
2024 $2,886 $153,000 $20,400 $132,600
2023 $2,886 $150,000 $20,000 $130,000
2022 $1,606 $48,247 $16,082 $32,165
2021 $1,470 $47,302 $15,767 $31,535
2020 $1,470 $46,818 $15,606 $31,212
2019 $1,270 $46,818 $15,606 $31,212
2018 $1,256 $45,000 $15,000 $30,000
2017 $1,674 $82,844 $20,711 $62,133
2016 $1,699 $81,220 $20,305 $60,915
2015 $1,125 $41,000 $10,000 $31,000
2014 $1,066 $41,000 $10,000 $31,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21709287

Bakersfield Association of REALTORS® / GEMLS

APN: 031-240-11-00-8