NOT LISTED FOR SALE

48732 Cherry Ln Tehachapi, CA 93561

Estimated Value: $218,593 - $274,000

2 Beds
1 Bath
654 Sq Ft
$381/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $88,000 $135 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,413/month

About This Home

As of October 2022

Calling All Rehabbers and Investors for a 3 parcel flag shaped package on .32 total acres! The central property offers a 2 bed, 1 bath home with tons of opportunity for a remodel and expansion as a complete rehab is needed; the southern parcel offers opportunity for new construction. In addition to the address above, the package includes APNs 416-040-22 and 416-220-03. The property is on a shared well. Cash or hard money only, sold as-is. This property is Offer Subject to Interior Inspection'' meaning an acceptable offer must be submitted prior to walking the home. Tehachapi is the town of all seasons experiencing the warmth of summer to snow in the winter. Ideally located, Tehachapi is approximately 45 minutes from Bakersfield, just over 3 hours to the central coast, an hour and 45 minutes to LA and 3 and a half hours to Las Vegas. Lot lines on photos are approximate and may also be seen on the Kern County Tax Assessor website. Seller is motivated so call today to make your best offer

Last Agent to Sell the Property

Spring M. Bunting

Coldwell Banker Preferred,RLT License #01741711 Listed on: 08/30/2022

Coldwell Banker Preferred,RLT

Last Buyer's Agent

Valerie Angulo

Watson Referral Services License #02076561

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1948

Lot Details

  • 0.32 Acre Lot
  • Zoning described as R1

Parking

  • Uncovered Parking

Interior Spaces

  • 654 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Tompkins Elementary School
  • Jacobsen Middle School
  • Tehachapi High School

Community Details

  • Tehachapi Fruit & Land Cos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 41622002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,104

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1948
  • Building Stories: 1
  • Solar Owned Leased: None
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.3200
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement Bathrooms: 1.00
  • Total Bedrooms: 2
  • Living Area: 654.00

Exterior Features

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

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Heatcool: Other

Association/Amenities

  • Site Amenities: Cul De Sac

Schools

  • High School: Tehachapi
  • Middle Or Junior School: Jacobsen

Lot Info

  • Zoning Description: R1
  • Lot Size Sq Ft: 13939.00
  • Parcel #: 41622002
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Tompkins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2005
Sold by
Thompson Jewell H
Bought by
Thompson Randy B
Current Estimated Value
$249,148

Purchase Details

Closed on
Aug 12, 2001
Sold by
Thompson Jewell H
Bought by
Thompson Jewell H and Thompson Randy B
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
Thompson Randy B -- --
Thompson Jewell H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $88,000 +17.3% $135 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $75,000 -- $115 / 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 $1,104 $198,315 $115,770 $82,545
2024 $1,063 $79,560 $15,300 $64,260
2023 $1,063 $78,000 $15,000 $63,000
2022 $257 $15,329 $871 $14,458
2021 $201 $15,029 $854 $14,175
2020 $201 $14,876 $846 $14,030
2019 $177 $14,876 $846 $14,030
2018 $172 $14,300 $814 $13,486
2017 $170 $14,021 $799 $13,222
2016 $166 $13,747 $784 $12,963
2015 $161 $13,542 $773 $12,769
2014 $158 $13,277 $758 $12,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202209778

Bakersfield Association of REALTORS® / GEMLS

APN: 416-220-02-00-1