NOT LISTED FOR SALE

416 Water St Bakersfield, CA 93305

East Bakersfield Neighborhood

Estimated Value: $285,000 - $380,000

4 Beds
1 Bath
1,596 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: April 20, 2016

Last sale price $155,000 $97 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,119 / mo

66 Days on Market

About This Home

As of April 2016

Amazing opportunity for first time homebuyer who would like to offset their mortgage with rent from a second unit. This R-2 property is very unique and has been immaculately cared for. Seller has spent over $37,000 in updates and repairs in the last 2 years. Both units are on their own electric and water meters with indoor utility. The owner has had this property for over 40 years and shows pride of ownership. Both units are 2/1 with newer windows, carpet and paint. The main house was at one time 3 bedrooms and a wall can easily be put back up. Come see this money making opportunity today. FHA welcome.

Last Agent to Sell the Property

Amy Alvarez

Miramar International Calloway License #01441789 Listed on: 01/15/2016

Last Buyer's Agent

Kristi Barnhard

Miramar International Calloway License #01871651

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,902 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property

Schools

  • Longfellow Elementary School
  • Washington Middle School
  • Highland School

Listing and Financial Details

  • Assessor Parcel Number 12507012

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $16,800
  • Net Operating Income $15,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

6,902 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1968
  • Building Stories: 1
  • Property Sub Type: 2 homes on 1 Lot
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 1596.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Other

Utilities

  • Heatcool: Evaporative,Floor/Wall Heater

Schools

  • High School: Highland
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size Sq Ft: 6902.00
  • Parcel #: 12507012

Multi Family

  • Total Annual Expense: 1000.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 16800.00
  • Property Net Operating Income: 15800.00

MLS Schools

  • Elementary School: Longfellow

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
Jan 15, 2016
Closed on
Mar 16, 2016
Sold by
Bought by
Seller's Agent
Amy Alvarez
Miramar International Calloway
Buyer's Agent
Kristi Barnhard
Miramar International Calloway
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$324,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,136
Avg. Annual Appreciation
7.43%
Original Mortgage
$149,826
Outstanding Balance
$116,539
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$207,597
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in East Bakersfield, CA

  • Bobby Chalhoub Real Estate Agent - Broker X

    Bobby Chalhoub

    Broker X

    (661) 490-9451

    79 Total Sales

    3 in East Bakersfield

    $260,900 Price Range

    Bobby Chalhoub
     Section Image
  • Erica Ruelas Real Estate Agent - Elevate Realty

    Erica Ruelas

    Elevate Realty

    (661) 387-3710

    74 Total Sales

    3 in East Bakersfield

    $197K - $272K Price Range

    Erica Ruelas
     Section Image
  • Sam Reyna Real Estate Agent - Cal Pro Real Estate

    Sam Reyna

    Cal Pro Real Estate

    (661) 370-2769

    135 Total Sales

    3 in East Bakersfield

    $198K - $235K Price Range

    Sam Reyna
     Section Image
  • Justin Yim Real Estate Agent - Uhler Mortgage Solutions Inc.

    Justin Yim

    Uhler Mortgage Solutions Inc.

    (747) 293-4589

    99 Total Sales

    5 in East Bakersfield

    $65K - $600K Price Range

    Justin Yim
     Section Image
  • Fred Sanchez Real Estate Agent - Century 21 Select Real Estate

    Fred Sanchez

    Century 21 Select Real Estate

    (661) 371-7224

    52 Total Sales

    1 in East Bakersfield

    $215,000 Price

    Fred Sanchez
     Section Image
  • Tanya & Jonathan Guerrero Real Estate Agent - Watson Realty

    Tanya & Jonathan Guerrero

    Watson Realty

    (661) 404-7443

    59 Total Sales

    2 in East Bakersfield

    $262K - $298K Price Range

    Tanya & Jonathan Guerrero
     Section Image
See All Agents

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
$155,000 Placer Title Company
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
Open $149,826
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
04/20/2016 04/20/16 Sold $155,000 0.0% $97 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $155,000 -- $97 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $4,078 $183,483 $35,511 $147,972
2024 $3,856 $179,886 $34,815 $145,071
2023 $3,856 $176,360 $34,133 $142,227
2022 $3,631 $172,903 $33,464 $139,439
2021 $3,440 $169,513 $32,808 $136,705
2020 $3,366 $167,776 $32,472 $135,304
2019 $3,253 $167,776 $32,472 $135,304
2018 $3,166 $161,262 $31,212 $130,050
2017 $3,131 $158,100 $30,600 $127,500
2016 $1,417 $39,377 $10,906 $28,471
2015 $1,416 $38,787 $10,743 $28,044
2014 $1,364 $38,028 $10,533 $27,495
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Amy Alvarez

    Miramar International Calloway

    (661) 322-7000

    43 Total Sales

    Amy Alvarez
    Section Image

  • K

    Buyer's Agent in 2016

    Kristi Barnhard

    Miramar International Calloway

    (661) 303-1158

    27 Total Sales

    Kristi Barnhard
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 21600567

Bakersfield Association of REALTORS® / GEMLS

APN: 125-070-12-00-6

California Kern County Bakersfield 93305 East Bakersfield

416 Water 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.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2026.

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