NOT LISTED FOR SALE

407 Main St Delano, CA 93215

Downtown Delano Neighborhood

Estimated Value: $366,000 - $407,000

1 Bed
1 Bath
2,540 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $335,000 $132 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,465/month

8 Days on Market

Highlights

  • Evaporated cooling system
  • 1-Story Property
  • 5-minute walk to Jefferson Park
  • Cesar E. Chavez High School Rated A-

About This Home

As of August 2023

We are excited to announce for sale this three (3) unit multi-family property located at 409 Main St. Delano Ca. 93215. This property features two (2) two (2) bedroom, one (1) bathroom units and one (1) three (3) bedroom, 1.5 bathroom unit & is to be sold with the contiguous parcel located at 409 Main st Delano Ca 93215 (3 units) as well as 419 Main ST (parking lot). This is a true value-add deal with upside in rental increases ranging from 40%-50%. The owner has gone out of their way to ensure that the property is well maintained, and is kept up to maximize occupancy.

Last Agent to Sell the Property

Esteban Contreras

Watson Realty License #01975384 Listed on: 06/20/2023

Co-Listed By

Eric Van Denk

Central Valley Property Adviso License #02071696

Last Buyer's Agent

Anthony Lara

San Joaquin Realty License #01725567

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,777

Year Built

  • Built in 1982

Lot Details

  • 7,405

Parking

  • Carport

Interior Spaces

  • 2,540 Sq Ft Home
  • 1-Story Property

Schools

  • Del Vista Elementary School
  • Cecil Avenue Middle School
  • Cesar Chavez High School

Additional Features

  • 7,405 Sq Ft Lot
  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 03721210

Community Details

Overview

  • 3 Units
  • Southern Addition To Delano Subdivision

Building Details

  • Gross Income $24,000
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,777

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1982
  • Building Stories: 1
  • Property Sub Type: 3 Units
  • Co List Office Mls Id: 11174
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 2540.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Carport

Utilities

  • Heatcool: Evaporative

Schools

  • High School: Cesar Chavez
  • Middle Or Junior School: Cecil Avenue

Lot Info

  • Lot Size Sq Ft: 7405.00
  • Parcel #: 03721210

Multi Family

  • Total Annual Expense: 9600.00
  • Vacancy Factor: 3.00
  • Number Of Units Total: 3
  • Annual Gross Income: 24000.00
  • Property Net Operating Income: 14400.00

MLS Schools

  • Elementary School: Del Vista

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 3, 2023
Sold by
Subriar Martial Trust
Bought by
Ruesga Maricruz
Seller's Agent
Esteban Contreras
Watson Realty
Buyer's Agent
Anthony Lara
San Joaquin Realty
List Price
$335,000
Sold Price
$335,000
Views
51
Current Estimated Value
$382,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,333
Avg. Annual Appreciation
6.59%
Original Mortgage
$1,600,000
Outstanding Balance
$1,565,770
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$1,183,437

Purchase Details

Closed on
May 20, 2005
Sold by
Subriar Frank W
Bought by
Subriar Frank W and Subriar Marital Trust
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Ruesga Maricruz $2,100,000 Chicago Title
Subriar Frank W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruesga Maricruz $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $335,000 0.0% $132 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $335,000 -- $132 / 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 $4,777 $387,600 $76,500 $311,100
2024 $4,777 $380,000 $75,000 $305,000
2023 $2,841 $210,283 $50,974 $159,309
2022 $2,782 $206,161 $49,975 $156,186
2021 $2,594 $202,121 $48,996 $153,125
2020 $2,556 $200,050 $48,494 $151,556
2019 $2,514 $200,050 $48,494 $151,556
2018 $2,483 $192,285 $46,612 $145,673
2017 $2,499 $188,517 $45,699 $142,818
2016 $2,461 $184,821 $44,803 $140,018
2015 $2,540 $182,047 $44,131 $137,916
2014 $2,379 $178,482 $43,267 $135,215
Source: Public Records

Agents Affiliated with this Home

  • Esteban Contreras

    Seller's Agent in 2023

    Esteban Contreras

    Watson Realty

    (661) 617-0074

    7 in this area

    150 Total Sales

    Esteban Contreras
    Section Image
  • Eric Van Denk

    Seller Co-Listing Agent in 2023

    Eric Van Denk

    Central Valley Property Adviso

    (419) 206-7117

    7 in this area

    249 Total Sales

    Eric Van Denk
    Section Image

  • A

    Buyer's Agent in 2023

    Anthony Lara

    San Joaquin Realty

    (661) 750-1100

    15 in this area

    50 Total Sales

    Anthony Lara
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202305107

Bakersfield Association of REALTORS® / GEMLS

APN: 037-212-10-00-2

California Kern County Delano 93215 Downtown Delano

407 Main St, Delano, CA

This home is located at 407 Main St, Delano, CA 93215 since 20 June 2023 and is currently estimated at $382,333, approximately $150 per square foot. This property was built in 1982. 407 Main St is a home located in Kern County with nearby schools including Cesar E. Chavez High School, Nueva Vista Language Academy, and Del Vista Math And Science Academy.

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. 2025.

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