NOT LISTED FOR SALE

420 Frontier Dr Bakersfield, CA 93308

Estimated Value: $273,000 - $393,000

2 Beds
1 Bath
1,724 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $212,000 $123 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,092/month

25 Days on Market

About This Home

As of August 2021

Great rental/investment property to add to your portfolio. Duplex with 2 bedrooms and 1 bathroom in each unit. Unit B includes granite counter-tops in the kitchen and the bathroom which were done around the end of 2019. Tile flooring through-out and indoor laundry for both units. Private backyard with their own private patio and plenty of parking too. Near restaurants and shops. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Isaul Rivas

Watson Realty License #01366687 Listed on: 06/16/2021

Last Buyer's Agent

Brandon Goedhart

Watson Realty License #02045854

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,534 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Duplex

Interior Spaces

  • 1,724 Sq Ft Home
  • 2-Story Property

Schools

  • Standard Elementary And Middle School
  • North High School

Listing and Financial Details

  • Assessor Parcel Number 11918013

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $20,400
  • Net Operating Income $14,280

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1979
  • Building Stories: 2
  • Property Sub Type: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 1724.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Central AC,Central Heat

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.00
  • Parcel #: 11918013

Multi Family

  • Total Annual Expense: 6120.00
  • Vacancy Factor: 5.00
  • Number Of Units Total: 2
  • Annual Gross Income: 20400.00
  • Property Net Operating Income: 14280.00

MLS Schools

  • Elementary School: Standard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 23, 2021
Sold by
Melendez Jorge
Bought by
Goedhart Suzette Vermeer
Seller's Agent
Isaul Rivas
Watson Realty
Buyer's Agent
Brandon Goedhart
Watson Realty
List Price
$198,000
Sold Price
$212,000
Premium/Discount to List
$14,000
7.07%
Current Estimated Value
$328,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,497
Avg. Annual Appreciation
10.47%

Purchase Details

Listed on
Feb 25, 2015
Closed on
Jul 10, 2015
Sold by
Lake Donald E and Lake Sharon G
Bought by
Melendez Jorge
Seller's Agent
Bill Redmond
Watson Realty
Buyer's Agent
Olivia Tamayo
My Realty
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$109,250
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2011
Sold by
Lake Donald E and Wood Lake Sharon
Bought by
Lake Donald E and Lake Sharon G

Purchase Details

Closed on
May 17, 2005
Sold by
Lake Donald and Wood Lake Sharon
Bought by
Lake Donald E and Wood Lake Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2003
Sold by
Adam William H
Bought by
Lake Donald and Wood Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.77%
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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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
Goedhart Suzette Vermeer $212,000 Chicago Title Company
Goedhart Suzette Vermeer -- Chicago Title Company
Melendez Jorge $115,000 Placer Title
Melendez Jorge -- Placer Title
Lake Donald E -- None Available
Lake Donald E -- Ticor Title
Lake Donald $85,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melendez Jorge $109,250
Previous Owner Lake Donald E $100,000
Previous Owner Lake Donald $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2021 08/10/21 Sold $212,000 +7.1% $123 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $198,000 +72.2% $115 / Sq Ft
08/13/2015 08/13/15 Sold $115,000 -8.0% $67 / Sq Ft View Prior Sale
07/14/2015 07/14/15 Pending -- -- --
02/25/2015 02/25/15 For Sale $125,000 -- $73 / 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 $4,511 $224,974 $42,448 $182,526
2024 $4,353 $220,564 $41,616 $178,948
2023 $4,353 $216,240 $40,800 $175,440
2022 $4,146 $212,000 $40,000 $172,000
2021 $2,953 $125,767 $32,808 $92,959
2020 $2,813 $124,478 $32,472 $92,006
2019 $2,777 $124,478 $32,472 $92,006
2018 $2,673 $119,646 $31,212 $88,434
2017 $2,644 $117,300 $30,600 $86,700
2016 $2,470 $115,000 $30,000 $85,000
2015 $2,314 $102,421 $24,096 $78,325
2014 $2,108 $86,200 $17,240 $68,960
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2021

    Isaul Rivas

    Watson Realty

    Section Image
  • Brandon Goedhart

    Buyer's Agent in 2021

    Brandon Goedhart

    Watson Realty

    (951) 712-9118

    44 Total Sales

    Brandon Goedhart
    Section Image
  • Bill Redmond

    Seller's Agent in 2015

    Bill Redmond

    Watson Realty

    (661) 617-3310

    59 Total Sales

    Bill Redmond
    Section Image
  • Dawn Borda

    Seller Co-Listing Agent in 2015

    Dawn Borda

    Watson Realty

    (661) 619-5767

    51 Total Sales

    Dawn Borda
    Section Image

  • O

    Buyer's Agent in 2015

    Olivia Tamayo

    My Realty

    (661) 204-6274

    57 Total Sales

    Olivia Tamayo
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202106471

Bakersfield Association of REALTORS® / GEMLS

APN: 119-180-13-00-6

California Kern County Bakersfield 93308

420 Frontier Dr, Bakersfield, CA

Not Listed for Sale

MultiFamily

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Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
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