NOT LISTED FOR SALE

408 Oildale Dr Bakersfield, CA 93308

Estimated Value: $203,000 - $238,000

2 Beds
1 Bath
1,241 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $175,000 $141 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,414/month

44 Days on Market

About This Home

As of March 2022

Perfect starter home or investment property. This home features 2 bedrooms, 1 baths, detach one car large yard completely fenced Currently rented at $1,100 per month.

Last Agent to Sell the Property

Tony Diaz

Homes R Us Realty Inc. License #01234448 Listed on: 12/22/2021

Last Buyer's Agent

Pete Peralta

Miramar Realty License #1307225

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 8,275 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,241 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Beardsley Elementary And Middle School
  • North High School

Community Details

  • Citrus Terrace Villa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11409016

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1941
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.1900
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 1241.00

Exterior Features

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

Garage/Parking

  • Parking Features: 1 Car Garage

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Zoning Description: R-1
  • Lot Size Sq Ft: 8275.00
  • Parcel #: 11409016

MLS Schools

  • Elementary School: Beardsley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Feb 25, 2022
Sold by
Gelinas Brittany
Bought by
Desborough Christopher Frank
Seller's Agent
Tony Diaz
Homes R Us Realty Inc.
Buyer's Agent
Pete Peralta
Miramar Realty
List Price
$165,000
Sold Price
$175,000
Premium/Discount to List
$10,000
6.06%
Current Estimated Value
$220,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,333
Avg. Annual Appreciation
6.17%
Original Mortgage
$122,500
Outstanding Balance
$114,154
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$106,179

Purchase Details

Listed on
Dec 22, 2021
Closed on
Jan 13, 2022
Sold by
Cmg Assets-3 Llc
Bought by
Desborough Christopher Frank
Seller's Agent
Tony Diaz
Homes R Us Realty Inc.
Buyer's Agent
Pete Peralta
Miramar Realty
List Price
$165,000
Sold Price
$175,000
Premium/Discount to List
$10,000
6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Outstanding Balance
$114,154
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$106,179

Purchase Details

Closed on
Nov 18, 2016
Sold by
Capitalist Masters Group Llc
Bought by
Cmg Assets 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$933,900
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 10, 2015
Closed on
Jun 8, 2016
Sold by
Parker Randell
Bought by
Capitalist Masters Group Llc
Seller's Agent
Diana Ybarra
Miramar Realty
Buyer's Agent
Diana Ybarra
Miramar Realty
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$1,000,000
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2011
Sold by
Cannon Jamie D
Bought by
Cannon James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cannon James F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2011
Sold by
Molina Sosa Jose Ramon and Molina Jodi
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 27, 2003
Sold by
Molina Jodi
Bought by
Sosa Jose Ramon Molina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,098
Interest Rate
5.89%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 2002
Sold by
Washington Mutual Bank Fa
Bought by
Hud

Purchase Details

Closed on
Jul 19, 2002
Sold by
Johnson Lulu Bell and Perry Jimmie Leon
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Apr 2, 1999
Sold by
Gibson Treon M
Bought by
Johnson Lulu Bell and Perry Jimmie Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,460
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Desborough Christopher Frank -- Lawyers Title
Desborough Christopher Frank $175,000 Lawyers Title
Cmg Assets 3 Llc -- None Available
Capitalist Masters Group Llc $70,000 First American Title Company
Cannon James F -- California Title Company
Cannon James F $56,000 California Title Company
Federal Home Loan Mortgage Corporation $44,000 None Available
Sosa Jose Ramon Molina -- Fidelity
Sosa Jose Ramon Molina $69,000 Fidelity
Hud -- First American Title
Washington Mutual Bank Fa $59,764 First American Title Ins Co
Johnson Lulu Bell $56,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desborough Christopher Frank $122,500
Previous Owner Desborough Christopher Frank $122,500
Previous Owner Cmg Assets 3 Llc $933,900
Previous Owner Capitalist Masters Group Llc $1,000,000
Previous Owner Cannon James F $44,800
Previous Owner Sosa Jose Ramon Molina $73,098
Previous Owner Johnson Lulu Bell $55,460
Closed Sosa Jose Ramon Molina $4,802
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2022 03/07/22 Sold $175,000 +6.1% $141 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $165,000 +135.7% $133 / Sq Ft
06/21/2016 06/21/16 Sold $70,000 -12.4% $56 / Sq Ft View Prior Sale
05/22/2016 05/22/16 Pending -- -- --
10/10/2015 10/10/15 For Sale $79,900 -- $64 / 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 $3,144 $185,711 $42,448 $143,263
2024 $3,070 $182,070 $41,616 $140,454
2023 $3,070 $178,500 $40,800 $137,700
2022 $1,808 $78,083 $27,886 $50,197
2021 $1,716 $76,553 $27,340 $49,213
2020 $1,716 $75,769 $27,060 $48,709
2019 $1,632 $75,769 $27,060 $48,709
2018 $1,578 $72,828 $26,010 $46,818
2017 $1,547 $71,400 $25,500 $45,900
2016 $1,346 $59,416 $15,915 $43,501
2015 $1,317 $58,524 $15,676 $42,848
2014 $1,289 $57,378 $15,369 $42,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202113234

Bakersfield Association of REALTORS® / GEMLS

APN: 114-090-16-00-4