NOT LISTED FOR SALE

407 Knotts St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $254,000 - $299,445

4 Beds
2 Baths
1,500 Sq Ft
$184/Sq Ft Est. Value

Sale Details

Date Sold: December 29, 2021

Last sale price $235,000 $157 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,903 / mo

9 Days on Market

About This Home

As of December 2021

This duplex would make a great addition to your rental portfolio. Each unit features its own entrance, central air and heating, laundry area for each unit, spacious yards and are long term tenants.

Last Agent to Sell the Property

Erlin Casas

MAYA PROPERTIES License #01360505 Listed on: 11/24/2021

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,969 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 9 / 41
  • Tax Tract Number 1573
  • Assessor Parcel Number 12535004004
  • $1,339 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Other Expense $1,094
  • Trash Expense $558
  • Water Sewer Expense $1,647
  • Operating Expense $4,499
  • Gross Income $18,000
  • Net Operating Income $13,501

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

6,969 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 0.07
  • Property Attached: Yes
  • Subdivision Name Other: Keith Addition
  • Water Sewer Expenses: 1646.60
  • Zoning: R-2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 12535004004
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 156.67

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 557.77
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6969.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6969.0000 Square Feet
  • Net Operating Income: 13501.36
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4498.64
  • Other Expense: 1094.30
  • Other Expense Description: Proptax
  • Rent Control: No
  • Total Expenses: 4498.64

Tax Info

  • Tax Block: 41
  • Tax Census Tract: 14.00
  • Tax Lot: 9
  • Tax Tract Number: 1573
  • TaxOtherAnnualAssessmentAmount: 1339.00

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
Nov 24, 2021
Closed on
Dec 7, 2021
Sold by
Bought by
Seller's Agent
Erlin Casas
MAYA PROPERTIES
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$220,000
Sold Price
$235,000
Premium/Discount to List
$15,000
6.82%
Current Estimated Value
$277,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,515
Avg. Annual Appreciation
3.60%
Original Mortgage
$166,500
Interest Rate
0.0312%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
0.0398%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 17, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 2004
Sold by
Bought by

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
0.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 1994
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 1993
Sold by
Bought by
Source: Public Records

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$235,000 Wfg National Title
$91,000 Wfg National Title Company
-- Pacific Coast Title Company
-- Pacific Coast Title Company
-- Pacific Coast Title Company
-- Pacific Coast Title Company
-- Pacific Coast Title Company
-- Pacific Coast Title Company
-- Old Republic Title Company
-- Accommodation
-- Accommodation
-- None Available
-- Fidelity Natl Title Ins Co
-- None Available
-- Chicago Title
$61,000 Heritage Title Company
-- Fidelity National Title Ins
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
Closed $100,000
Closed $166,500
Closed $1,000,000
Closed $1,100,000
Closed $120,000
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
12/29/2021 12/29/21 Sold $235,000 +6.8% $157 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $220,000 -- $147 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $4,845 $249,383 $53,060 $196,323
2024 $4,603 $244,494 $52,020 $192,474
2023 $4,603 $239,700 $51,000 $188,700
2022 $2,445 $72,971 $24,321 $48,650
2021 $2,267 $71,542 $23,845 $47,697
2020 $2,267 $70,809 $23,601 $47,208
2019 $2,105 $70,809 $23,601 $47,208
2018 $2,048 $68,062 $22,686 $45,376
2017 $2,016 $66,729 $22,242 $44,487
2016 $1,708 $65,421 $21,806 $43,615
2015 $1,707 $64,439 $21,479 $42,960
2014 $1,645 $63,178 $21,059 $42,119
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Erlin Casas

    MAYA PROPERTIES

    Section Image

  • G

    Buyer's Agent in 2021

    General NONMEMBER

    NONMEMBER MRML

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21254934

California Regional Multiple Listing Service (CRMLS)

APN: 125-350-04-00-4

California Kern County Bakersfield 93305 East Bakersfield

407 Knotts St, 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.